Sunstock, Inc. (OTC PINK: SSOK) has announced its growth strategy for 2021, emphasizing sustainable progress. The company invested over $162,000 in precious metals in Q4 2020 and plans to expand its inventory while exploring a second retail location. Additionally, Sunstock aims for an uplisting to the OTCQB® Venture Market to enhance investor access. CEO Jason Chang expressed confidence in their trajectory, attributing it to the groundwork laid in 2020, which he believes will support long-term shareholder growth.
Sunstock, Inc. (OTC PINK: SSOK) has announced the purchase of 20 ounces of gold amid rising customer demand for precious metals. CEO Jason Chang noted that gold and silver act as hedges against economic uncertainty, and they aim to increase inventory at softened prices. With gold prices up over 25% in 2020, the company pursues a strategy of acquiring mineral rights and gold mining assets. Additionally, Sunstock operates Mom’s Silver Shop in Sacramento, California, serving both wholesale and retail customers.
Sunstock, Inc. (OTC PINK: SSOK) has announced the acquisition of 4,300 ounces of silver to bolster its existing inventory. CEO Jason Chang highlighted the company's aim to enhance revenues and pursue larger acquisition targets. The price of silver rose by 36.11% over the past year, reaching a peak of $29 in August 2020, with the current market close on October 13, 2020, at $24.13 per ounce. Sunstock specializes in precious metals distribution, particularly gold, using a 'ground to coin' strategy through wholesale and retail channels.