Sunstock Inc (SSOK)

[cash4]

SCHEDULE 13G

https://www.otcmarkets.com/filing/html?id=14769334&guid=_X0aUWrAW8BD73h

(1) The Reporting Person, Jonathan Bates, beneficially holds investment and voting power of 130,000,000 shares of the common stock (the “Common Stock”) of Sunstock, Inc. (the “Issuer”), held by Innovative Digital Investors Emerging Technology, LP, a Delaware limited partnership (“IDIE”). Innovative Digital Investors, LLC is a Delaware limited liability company (“IDI”) which is an Exempt Reporting Adviser that serves as adviser to the IDIE for which Jonathan Bates is deemed the beneficial owner. At no time, has Jonathan Bates or any of the other Reporting Persons individually or in the collectively beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock at any time.

(2) Based on 2,884,677,703 shares of the Issuer’s common stock outstanding as of November 24, 2020.

(1) On or about December 30, 2019, Innovative Digital Investors Emerging Technology, LP, a Delaware limited partnership (“IDIE”) controlled by Jonathan Bates for which he is deemed the beneficial owner entered into an agreement with the Issuer to acquire an aggregate of 200,000,000 shares of the Issuer’s Series A Preferred Stock (the “Series A Preferred Stock”) and warrants (the ”Warrants”) to purchase up to 100,000,000 shares of the Issuer’s Common Stock in exchange for $150,000. The $150,000 was paid by IDIE to an escrow account at Sutter Securities and subsequently delivered to creditors of the Issuer on January 31, 2020. Each one (1) share of Series A Preferred Stock is convertible one (1) share of the Issuer’s Common Stock. The Warrants were exercisable at the price of $.0003. Mr. Bates converted the Series A Preferred Stock and exercised the Warrants during the year ended December 31, 2020. The Series A Preferred Stock designation and the terms of the Warrant include an equity blocker clause that prevented IDIE from converting the Series A or exercising the Warrants in an amount which would cause IDIE to hold more than 9.99% of the Issuer’s Common Stock. IDIE acquired shares of the Issuer’s Common Stock upon conversion of the Series A Preferred stock as follows: 70,000,000 common shares on July 14, 2020, 30,000,000 common shares on July 23, 2020, 50,000,000 common shares on July 30, 2020 and 50,000,000 common shares on December 8, 2020. On March 31, 2020, IDIE acquired an aggregate of 98,214,286 shares of the Issuer’s common stock upon exercise of the Warrants at the price of $.0003 per share. During March April and May of 2020, IDIE acquired an aggregate of 3,337,019, 963,555 and 45,000 shares in open market transactions at an average price of $.0027, $.0031, and $.0031 respectively, per share. IDIE sold the following shares of the Common Stock of the Issuer: (i) 2,740,000 shares purchased in the open market on June 30, 2020, (ii) 98,214,286 shares received upon exercise of the warrant on July 17, 2020, (iii) 70,000,000 shares on July 29, 2020, and (iv) 1,560,574 on August 10, 2020. At no time, has IDIE or any of the other Reporting Persons beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock.

At no time, has IDIE or any of the other Reporting Persons individually or in the collectively beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock.

As of January 19, 2020, IDIE holds an aggregate of 130,000,000 shares of the Common Stock of the Issuer.

(2) Based on 2,884,677,703 shares of the Issuer’s common stock outstanding as of November 24, 2020.

(1) The amount reflected is comprised of 130,000,000 shares of the Common Stock of the Issuer held by IDIE which is controlled by Innovative Digital Investors LLC (“IDI”). IDI is an Exempt Reporting Adviser that serves as the adviser to IDIE for which Jonathan Bates is deemed the beneficial owner. On or about December 30, 2019, IDIE entered into an agreement with the Issuer to acquire an aggregate of 200,000,000 shares of the Issuer’s Series A Preferred Stock and warrants to purchase up to 100,000,000 shares of the Issuer’s Common Stock in exchange for $150,000. The funds were paid by IDIE to an escrow account at Sutter Securities and subsequently delivered to creditors of the Issuer on January 31, 2020. Each one (1) share of Series A Preferred Stock is convertible one (1) share of the Issuer’s Common Stock. The Warrants were exercisable at the price of $.0003. Mr. Bates converted the Series A Preferred Stock and exercised the Warrants during the year ended December 31, 2020. The Series A Preferred Stock designation and the terms of the Warrant include an equity blocker clause that prevented IDIE from converting the Series A or exercising the Warrants in an amount which would cause IDIE to hold more than 9.99% of the Issuer’s Common Stock. IDIE acquired shares of the Issuer’s Common Stock upon conversion of the Series A Preferred stock as follows: 70,000,000 common shares on July 14, 2020, 30,000,000 common shares on July 23, 2020, 50,000,000 common shares on July 30, 2020 and 50,000,000 common shares on December 8, 2020. On March 31, 2020, IDIE acquired an aggregate of 98,214,286 shares of the Issuer’s common stock upon exercise of the Warrants at the price of $.0003 per share. During March April and May of 2020, IDIE acquired an aggregate of 3,337,019, 963,555 and 45,000 shares in open market transactions at an average price of $.0027, $.0031, and $.0031 respectively, per share. IDIE sold the following shares of the Common Stock of the Issuer: (i) 2,740,000 shares purchased in the open market on June 30, 2020, (ii) 98,214,286 shares received upon exercise of the warrant on July 17, 2020, (iii) 70,000,000 shares on July 29, 2020, and (iv) 1,560,574 on August 10, 2020. At no time, has IDIE or any of the other Reporting Persons beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock.

At no time, has IDI or any of the other Reporting Persons individually or in the collectively beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock at any time.

As of January 19, 2020, IDIE holds an aggregate of 130,000,000 shares of the Common Stock of the Issuer.

(2) Based on 2,884,677,703 shares of the Issuer’s common stock outstanding as of November 24, 2020.

(1) On or about January 30, BFAM Partners LLC, a California limited liability company (“BFAM”) controlled by Jonathan Bates for which he is deemed the beneficial owner entered into an agreement with the Issuer to acquire an aggregate of 400,000,000 shares of the Issuer’s Series A Preferred Stock in exchange for $200,000. The agreement had a stated effective date of December 31, 2019. The funds were paid by BFAM to an escrow account at Sutter Securities and subsequently delivered to creditors of the Issuer on January 31, 2020. Each one (1) share of Series A Preferred Stock is convertible into one (1) share of the Issuer’s Common Stock. Mr. Bates converted the Series A Preferred Stock and exercised the Warrants during the year ended December 31, 2020. The Series A Preferred Stock designation includes an equity blocker clause that prevented BFAM from converting the Series A into an amount of common stock which would cause BFAM to hold more than 9.99% of the Issuer’s Common Stock. At no time, has BFAM or any of the other Reporting Persons beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock. At no time, has BFAM or any of the other Reporting Persons individually or in the collectively beneficially held or had the right to acquire (directly or indirectly) more than 9.99% of the Issuer’s Common Stock.

(2) On or about February 19, 2021 BFAM gifted the 90 million shares it held to The Center, a charitable entity. As of March 2, 2021, BFAM holds an aggregate of 0 shares of the Common Stock of the Issuer.

Item 1(a) Name of Issuer:



SunStock, Inc.



Item 1(b) Address of Issuer’s Principal Executive Offices:



111 Vista Creek Circle, Sacramento, California 95835



Item 2(a) Name of Person Filing:



Jonathan Bates



Innovative Digital Investors Emerging Technology, LP



Innovative Digital Investors, LLC



BFAM Partners, LLC



The foregoing are sometimes referred to individually as the “Reporting Person” or together collectively as the “Reporting Persons”.



Item 2(b) Address of Principal Business Office or, if none, Residence:



Jonathan Bates

206 South Helberta Avenue

Unit A

Redondo Beach, CA 90277



Innovative Digital Investors Emerging Technology, LP

1240 Rosecrans Avenue

Suite 120

Manhattan Beach, CA 90266



BFAM Partners, LLC

206 South Helberta Avenue

Unit A

Redondo Beach, CA 90277



Innovative Digital Investors, LLC

1240 Rosecrans Avenue

Suite 120

Manhattan Beach, CA 90266



Item 2(c) Citizenship:



Jonathan Bates - United States citizen



Innovative Digital Investors Emerging Technology, LP is a Delaware Limited Partnership



Innovative Digital Investors, LLC, a Delaware limited liability company



BFAM Partners, LLC is a California Limited Liability Company