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Monday, January 25, 2021 8:08:16 AM
January 25, 2021 08:00 ET | Source: Sunstock, Inc.
SACRAMENTO, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, has filed a form 14C information statement with the Securities and Exchange Commission, providing notice to shareholders that the Company’s board of directors has approved a 1,000-for-1 reverse stock split.
Once effective, Sunstock believes it can raise significant capital needed to further increase its gold and silver assets.
“We anticipate that gold and silver will increase in value throughout 2021,” stated Sunstock CEO Jason Chang. “Our decision to effect this reverse split is based on our ability to raise the funds and take advantage of growth in the precious metals sector.”
The complete 14C filing can be seen at: https://www.otcmarkets.com/filing/html?id=14633754&guid=EruKUFOBnUKPz3h
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
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