Replies to post #2383 on Sunstock Inc (SSOK)

[threewheeler]

SSOK looking good for real breakout here

[stervc]

MondoBongo, Huge per the SSOK website...

SSOK is a fully reporting company that files audited financials with the SEC; and is current. The news is solid for SSOK as it confirmed its revenues and magnitude of its operations:
https://www.otcmarkets.com/stock/SSOK/news/story?e&id=1664493

The gold mines they are looking to acquire produces 60,000 ounces of gold per year which with today's gold prices of over $1,900 per ounce, that's a total of over $114,000,000 in Revenues. I think all of those new to SSOK should read this from their website below as there is yet still much more to consider:

http://www.sunstockinc.com/about/
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. ...

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.

v/r
Sterling

[MondoBongo]

$SSOK DD....

08/11/2020....

Sunstock, Inc. (OTC PINK: SSOK) 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.” Jason Cong continued, “ As the price of the metals continues to rise we realize our customers are acquiring more. Furthermore, at the same time, people are selling more. We feel as though if the price of silver stays above $30 per OZ the company will continue to see higher revenue and a higher profit margin."

Back in 2011 the high for gold was around $2,000 per OZ and silver was around $50 per OZ. If silver continues to go up like we expect, there is a very good chance the Company can easily double the revenue this year compare to 2019.



08/06/2020....

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/.

Speaking with SCV’s Stuart Smith, Chang explains Sunstock, Inc.’s business model and focus on exploring high value metals. The Company currently operates one precious metals retail store under Mom’s Silver Shop in Sacramento, California.

“These are exciting times for our company,” Chang told Smith. “We are well-positioned to take advantage of the massive growth that we see coming in the precious metals markets. We strive 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.”