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we need a good PR to come out
its a sheep herd mentality. Most only go for frenzies like the GME one! They don't trust when its a bargain. Predictable
Funny how people ignore it when it's cheap and love it when it's +500%
I think we might have some millionaires by summer with this guy
New chart showing a run about to start: The current resistance is at $0.0062, we can expect a run once the level is broken. Under sold RSI
set to hit .01 this week! PR coming out
no , the current price is not beneficial for a R/S.
Its better that they do not do this at all
Is the RS still on the table here?
My bad, I left out 3 zeroes, I just checked my post to see.
Millionaire maker OTC here, R/S or not this goes places when the inflationary crisis hits. LONG hold most, swing the rest for future PRs.
100k ounces at $24 per oz is $2,400,000
https://finance.yahoo.com/news/sunstock-inc-achieves-debt-free-131900979.html
SSOK Debt free! Smart
exactly and another location for their sales! Gold and metals go up when the rest of the market is down. This is why Warren Buffett sold most of his stock and put it in Gold as we speak.
They just flexed their power, buying 100K ounces of silver is about $240,000 @ $24 per Troy ounce scrap price, I'm sure they don't need to raise funds.
Sunstock Inc. Announces Plans to Purchase 100,000 Ounces of Silver for New Storefront
SACRAMENTO, Calif., March 23, 2021 (GLOBE NEWSWIRE) -- Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, today announces its intent to purchase up to 100,000 ounces of silver as initial inventory for its new retail shop.
Sunstock owns and operates Mom’s Silver Shop located in Sacramento, Calif. As previously announced, the Company is expanding its retail presence by opening a second, larger shop on the East Coast. Based on favorable market conditions and the performance of Mom’s Silver Shop, Sunstock will begin building its inventory to prepare for the opening of its new store.
“In 2020, we significantly increased our revenues to $3.8 million, driven by solid marketing strategies paired with consumer and investor interest in precious metals,” stated Sunstock CEO Jason Chang. “Our team is diligently working to prepare our second location for the similar growth.”
Sunstock continues to acquire assets at a pace and price conducive to its growth strategy. In the fourth quarter of 2020, the Company grew its holdings by 4 ounces of gold bars and 4,500 ounces of silver, which underscores the significance of its intent to purchase up to 100,000 ounces of silver for the new location.
“This is an exciting time for investors looking to diversify their portfolio with unconventional assets, and a milestone moment for Sunstock as we execute our expansion strategy,” stated Chang. “We have researched our target demographic on the East Coast, and our immediate goals are to find a spacious storefront with high visibility and accessibility, and to rapidly build our inventory to be ready for market demand.”
About Sunstock Inc.:
Sunstock Inc. (OTC: SSOK) is involved in the distribution of precious metals, primarily gold. The Company pursues a “ground to coin” strategy, whereby it uses its wholesale and retail channels to sell these precious metals primarily through its own branded coins. For more information, visit the Company’s website at www.SunstockInc.com
Buffet just bought more Gold while stocks down!
R/S off the table, proof is they are out of the time frame allotted and the stock price will not work for the goals they had set in mind to raise capital.
Exactly they need a PR stating the R/S if officially off the table. Too risky until then.
Just my opinion
WHAT A WEAK PR! WHAT I WANT TO SEE IS A CONFIRMATION OF NO REVERSE SPLIT! AS OF RIGHT NOW IT COULD STILL BE ON THE TABLE AND CATCH US OFF GUARD! UNTIL THEN I DON'T TRUST BUYING THIS!
just my thoughts and opinion
Sunstock to purchase 100K silver ounces for new storefront
Mar. 23, 2021 9:53 AM ETSunstock, Inc. (SSOK)By: Khyathi Dalal, SA News Editor
https://seekingalpha.com/news/3675231-sunstock-to-purchase-100k-silver-ounces-for-new-storefront?utm_source=advfn.com&utm_medium=referral
Sunstock (OTCPK:SSOK -15.8%) intends to purchase up to 100K ounces of silver as initial inventory for its new retail shop.
Sunstock owns and operates Mom's Silver Shop located in Sacramento, Calif.; it plans to expand its retail presence by opening a second, larger shop on the East Coast.
In Q4, the company grew its holdings by 4 ounces of gold bars and 4.5K ounces of silver, which underscores the significance of its intent to purchase up to 100K ounces of silver for the new location.
In 2020, the company increased revenues to $3.8M, led by solid marketing strategies paired with consumer and investor interest in precious metals.
exactly Wolf, only an amateur complains about the lows instead of buying more. Its not the huge leaps, the hoping for the big wins but the subtle changes that one has to study. Study the patterns and learn
well this didnt age well..
remind me again,0046 is lower then 005 right ?
bids are low 003s lets see how long they take to fill..
someone bought a big chunk at the last minute, interesting stuff! Run tomorrow
it wont go lower than .005, this is bottom
wow just non stop idiots wacking the bid..
ill reload in the 003 area for the next flip
he says wait for it to drop another 30% and you agree?
earlier you were saying it was a good time to load..
flip and flop much?
lmfao
just wow,smfh
I agree, you know how to play this !!
Wait for it to tank another 30%. Then get in and flip it. Make profits off longs missed opportunities. Yessir. Flippers lives matter
this is a stinky pinky,so stop with the whole market is red BS and top decliners and blue chip crap..i got tons of stinkys on my watchlist thats deep green today.
every seasoned trader knows none of that crap makes squat of a difference in stinky pinky land..
people held friday in hopes of news today,no news so they are getting out and will re enter at a lower pps,its the pinky way dude..so no there will be no penny here today,sorry to say..
its dead money sitting and waiting now ,thats why i dont hold stinkys over night..
then its time to buy, look at the history, the beauty of this guy
is that it moves. Better than whats going on out there .Even Blue Chips are sad today! Look at this https://finance.yahoo.com/gainers/ as the top gainers today, they are not blue chips. Always remember you dont lose until you sell. Keep positive
WRONG
lots of runners today..this ran friday and now the run is over,,bid dumping non stop..Sorry but a penny aint coming today..
Stepped in at the dip today
the whole market is down (Dow, Nasdaq), buy more in the dip. Always have a backup plan. this company is not going any where and making revenue!
ya you said that friday to and were wrong..Looks like wrong today to..
and if it dips I have a nice order to get more, its a win win no matter what!
Le'ts go.
SSOK
Great day lets see what next week brings!
Congrats to all who held today, +200% not too shabby $SSOK
Whoever is controlling this is moving it like a yo-yo. .008s to .007 to .0076.
Geez this is locking up
I had a feeling she was getting ready to run.
SSOK
Poor dudes/dudettes sold on fake R/S news now the MMs got cheap shares before the PR. Feels bad
SSOK friday Runner (:
Another dandy, glad I chewed up those .0053s earlier. .01 test incoming today or Monday.
They are definitely not going to execute a R/S before a penny, if they even go through with it...cause they already let the proposal expire long time ago.
Besides, it seems that company is doing very well and it might not be necessary,..the actual smart move would be to put out a PR canceling the R/S and this would fly past 05, therefore it would be eligible for a higher tier trading on the OTCQB,...cause that's why they want a higher PPS to begin with.....no other reason.
The Company is seeking to uplist to the OTCQB, however its stock price must close above $0.01 per share for 30 days prior to application so a reverse split is necessary. Therefore, a reverse split would allow the Company the ability to uplist to OTCQB.
We believe the recent per share price of the common stock has had a negative effect on the marketability of the existing shares, the amount and percentage of transaction costs paid by individual stockholders, and it impairs the potential ability of the Company to raise capital by issuing new shares due to the low price.
The Company will need to file the Reverse Stock Split Certificate of Amendment to the Certificate of Incorporation with the Delaware Secretary of State in order for the Reverse Stock Split Certificate of Amendment to become effective. Under federal securities rules and regulations, we may not file the Reverse Stock Split Certificate of Amendment until at least 20 days after the mailing of this Information Statement to our Stockholders. The Company intends to file the Reverse Stock Split Certificate of Amendment as soon as practicable following the expiration of such 20-day period and following the receipt of approval from FINRA, however, our Board reserves the right not to proceed with the amendment at any time before the filing of the Reverse Stock Split Certificate of Amendment.
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Source: http://www.sunstockinc.com/about
Sunstock, Inc. is a public company and is involved in the buying, selling and distribution of precious metals, primarily gold. The Company pursues a “ground to coin” strategy, whereby it acquires mining assets as well as rights to purchase mining production and sells these metals primarily through retail channels including their own branded coins. The company emphasizes investment in enduring assets that we believe will provide our shareholders a ‘resource to retail’ conversion upside. Our goal is to provide our shareholders with an exceptional opportunity to capture value in the precious metals sector without incurring many of the costs and risks associated with actual mining operations. The Company is ideally positioned for scale and growth.
Sunstock, Inc. founded in 2012 is based in Sacramento, California. The Company currently operates one precious metals retail store under Mom’s Silver Shop in Sacramento, California.
The Company has plans to raise capital in order to strengthen its ability to grow Mom’s Silver Shop revenues. Revenues for 2019 were over $6.1M vs $2.8M in 2018.
The Company also plans to raise capital in order to acquire or partnership with one or more micro gold mines in order to advance it’s ground to retail philosophy of becoming a pure gold play.
The Business: Precious Metals
Mom’s Silver Shop specializes in buying and selling gold, silver, and rare coins, and is one of the leading precious metals retailers in the greater Sacramento metropolitan area. We are also partnering with Apmex to sell their inventory in our shop with an online portal available to customers.
In order to boost sales, Sunstock has determined that the inventory must be increased in order to draw in even larger investors/customers.
The Company believes that monetary policies adopted by the United States, the European Union, China and Japan may cause an increase in inflation. Gold and silver have traditionally served as a hedge against economic uncertainty and high inflation and stock market losses.
At the present time, the Company does not anticipate or foresee a material effect on this line of its business from existing or probable governmental regulations.
The Company’s strategy is to secure funding in order to allow them to secure more products on a timely basis as well as receive better price rates. This will allow us to enter the wholesale market and sell to other dealers.
We also want to begin selling wholesale to other retailers which will boost our sales by $25,000,000 per year, initially. Potentially this can reach into the $100,000,000s/per year range in just a few years.
The Business: Mining
Announcing Sunstock’s intention to become a pure gold play stock, with plans to own a complete Vertical Integration in the gold industry. The Company intends to acquire mineral rights and gold mining assets to compliment it’s already strong and growing gold distribution business. We anticipate acquisition prices in the $5,000,000 to $10,000,000 range. The mines we are considering are producing upwards of 60,000 ounces of gold per year. The cost to mine and refine this gold is anticipated at $1,000 per ounce. We will sell at spot price.
We plan to hire a designer to produce custom designs for us in gold bullion coins. These coins will be in limited quantities of 15 to 30 thousand ounces per quarter. In addition to selling these limited edition coins through our own retail operations we will also sell them through Karat Bar, which has about a 500,000 person sales force. With our prices set at spot, we anticipate brisk sales. Compare this to $25 over spot for Canadian Maples or $35 over spot for American Eagles. We foresee a profit margin of $400+ per ounce. This could net us $45 – $48 million per year in profit at today’s gold prices, and a gross revenue of $200,000,000 per year.
The whole world mines about 109.6 million ounces of gold per year. We hope to produce 1/10 of 1% of the total supply of gold in the world.
The Company is in talks to acquire or partnership with several assets that could potentially produce billions in revenue over 5-10 years. We are focused on projects that already own significant amounts of unrefined – but already mined – gold ore.
Mr. Jason Chang is the Founder, Chairman, Chief Executive Officer and Investor Relations Officer of Sunstock, Inc. Mr. Chang began his career in the hospitality industry in the family business operating several hotels throughout California. Mr. Chang has over 20 years of hospitality management experience. He has excellent communication skills, time-management skills, and overall organizational skills.
Mr. Jason Chang is a highly motivated individual who excels at whatever he does. He has been preparing and researching for this venture for the past few years. His strategic planning and execution make him well suited to lead the Company.
Dr. Ramnik Clair received his medical degree in India and immigrated to the United States in 1983. He completed his medical residency in New York and has subsequently served in his medical practice as a sole practitioner. Dr. Clair intends to assist Sunstock, Inc. in building long term relationships with his client base.
AUSTIN, Texas, Aug. 06, 2020 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (“SCV”) today announces the availability of a new interview with Sunstock, Inc. (OTC PINK: SSOK) CEO Jason Chang, who discusses the development of the Company’s business model and the increasing value of gold and silver.
The full interview can be heard at https://www.smallcapvoice.com/8-6-20-smallcapvoice-interview-sunstock-ssok
Click here for Twitter home page here
August 2020 Barchart
Find the complete chart details here
4-MOS-SEMI BREAKOUT @ 2'S MEDIUM BREAKOUT @ 3'S MAJOR BREAKOUT @ 4'S MAJOR MAJOR BREAKOUT @ 5.5'S
$SSOK RECENT DD....
11/20/2020 News....
Sunstock, Inc. Initiates Process of Uplisting to OTCQB Venture Market
http://www.globenewswire.com/news-release/2020/11/06/2121964/0/en/Sunstock-Inc-Initiates-Process-of-Uplisting-to-OTCQB-Venture-Market.html
10/26/2020 Tweet....
As we continue to grow our business model and bring forth our plan of uplisting,
we are currently in the process of engaging a PCAOB firm with experience in our sector, stay tuned for our process.
https://twitter.com/SunstockI/status/1320613524196962304?s=19
10/19/2020 News....
Sunstock, Inc. involved in the buying, selling and distribution of precious metals, today announces it has purchased 20 ounces of gold.
http://www.globenewswire.com/news-release/2020/10/19/2110582/0/en/Sunstock-Inc-Purchases-20-Ounces-of-Gold-Continues-to-Increase-Inventory.html
10/14/2020 News....
Sunstock, Inc. involved in the buying, selling and distribution of precious metals, today announces it has purchased 4,300 ounces of silver,
adding to the Company’s existing inventory.
http://www.globenewswire.com/news-release/2020/10/14/2108678/0/en/Sunstock-Inc-Purchases-4300-Ounces-of-Silver.html
08/11/2020 News....
Sunstock, Inc. announced that Company CEO Jason Chang recently stated, "Between July, 10th, 2020 and to August 10th, 2020,
the price of the silver was up over 55% and the price of gold has been up over 13% over the last 30 days.”
http://www.globenewswire.com/news-release/2020/08/11/2076500/0/en/Sunstock-Inc-CEO-Forecasts-Rapid-Growth-from-Silver-Sales.html
08/06/2020....
SmallCapVoice.com, Inc. (“SCV”) today announces the availability of a new interview with Sunstock, Inc. CEO Jason Chang,
who discusses the development of the Company’s business model and the increasing value of gold and silver.
The full interview can be heard at: https://www.smallcapvoice.com/8-6-20-smallcapvoice-interview-sunstock-ssok/.
$SSOK https://www.otcmarkets.com/stock/SSOK/disclosure
https://www.otcmarkets.com/stock/SSOK/news
https://www.otcmarkets.com/stock/SSOK/security
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