Sunstock Inc. (SSOK)

Overview

Sunstock, Inc. is a company that primarily focuses on the buying, selling, and distributing of gold and precious metals. It was initially formed as Sandgate Acquisition Corporation but underwent a name change to Sunstock, Inc. in July 2013. The business has its roots firmly planted in Sacramento, California, where it was incorporated in 2012. Aside from trading in precious metals, Sunstock, Inc. has interests in securing and acquiring mining assets. It also obtains rights to purchase mining production, which it then sells mainly through retail channels. The company boasts ownership and operation of a retail store named Mom's Silver Shop, located in Sacramento, California.

Products and Services

Sunstock, Inc. offers a variety of products and services related to the precious metals industry:

• Buying, Selling, and Distributing Gold and Precious Metals: Sunstock, Inc. engages in the commercial activity of acquiring and selling gold and other precious metals. This forms the core of its business operations, catering to the needs of individuals and entities looking to trade in these commodities.
• Securing and Acquiring Mining Assets: The company extends its reach into the mining sector by securing and obtaining mining assets. This strategic movement allows Sunstock, Inc. to have a supply of precious metals, thereby controlling a significant part of its supply chain.
• Rights to Purchase Mining Production: Sunstock, Inc. acquires rights that enable it to purchase production directly from mines. This ensures a steady flow of precious metals into its inventory, ready for sale through various channels.
• Retail Sales through Branded Coins and Store: One of Sunstock, Inc.'s distinctive approaches to selling precious metals is through the issuance of branded coins. These coins, along with other precious metal products, are sold at its retail store, Mom's Silver Shop in Sacramento, California. This direct-to-consumer approach allows for a personalized purchasing experience.