Sunstock (SSOK)

The Company has only recently emerged from its status as a development-stage company, and it has limited operating history and is expected to experience losses in the near term. The Company’s independent registered public accounting firm has issued a report stating there is substantial doubt about the Company’s ability to continue as a going concern.

Company profile

Ticker

SSOK

Exchange

OTC

Website

www.sunstockinc.com

CEO

Jason C. Chang

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Retail Trade > Other Real Estate

Industry (SIC)

Retail - Variety Stores

Walmart • Target • Costco Wholesale • Dollar General • BJ`s Wholesale Club • Dollar Tree • Big Lots • Ollies Bargain Outlet • Freds • Tuesday Morning ...

Former names

Sandgate Acquisition Corp

SEC CIK

0001559157

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

SSOK stock data

1M 1Y 5Y

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

16 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart SSOK financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	37.42K	37.42K	37.42K	37.42K	37.42K	37.42K
Cash burn (monthly)	(no burn)	1.91K	(no burn)	40.6K	16.68K	25.54K
Cash used (since last report)	n/a	5.48K	n/a	116.55K	47.9K	73.34K
Cash remaining	n/a	31.94K	n/a	-79.13K	-10.48K	-35.92K
Runway (months of cash)	n/a	16.7	n/a	-1.9	-0.6	-1.4

Beta Read what these cash burn values mean

Financial data from Sunstock earnings reports.

Recent insider trades

SSOK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Apr 21	Chang Jason	Common stock	Other	Acquire J	No	No	0.0003	143,900,000	43.17K	2,233,851,662
18 Mar 21	Chang Jason	Common stock	Other	Acquire J	No	No	0.0003	640,670,000	192.2K	2,089,951,662
16 Feb 21	Chang Jason	Common stock	Other	Acquire J	No	No	0.0005	400,000,000	200K	1,449,281,662
15 Feb 20	Ramnik Clair	Common stock	Buy	Acquire P	No	No	0.0001	36,000,000	3.6K	66,000,000
10 Oct 19	Ramnik Clair	Common stock	Grant	Acquire A	No	No	0.01	30,000,000	300K	66,000,000
20 Nov 18	Balbir H. Clair	Common stock	Grant	Acquire A	No	No	0.018	10,500,000	189K	12,560,500
9 Oct 17	Balbir H. Clair	Common stock	Grant	Acquire A	No	No	0.01	60,000	600	12,560,500
12 Dec 16	Balbir H. Clair	Common stock	Buy	Acquire P	No	No	0.0001	900,000	90	12,560,000
18 Aug 16	Balbir H. Clair	Common stock	Buy	Acquire P	No	No	0.0001	150,000	15	12,560,000
17 Sep 15	Balbir H. Clair	Common stock	Grant	Acquire A	No	No	0.01	27,000	270	12,560,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2021

SSOK institutional ownership history Ownership history

13F holders	Current	Change
Total holders	1	NEW
Opened positions	1	NEW
Closed positions	0
Increased positions	0
Reduced positions	0

13F shares	Current	Prev Q	Change
Total value	702K	0	NEW
Total shares	130M	0	NEW
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Bates Jonathan Robert	130M	$702K	NEW

Largest transactions	Shares	Bought/sold	Change
Bates Jonathan Robert	130M	+130M	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Dollar General • Dollar Tree

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: accelerated, appeal, chapter, complying, emerging, Employer, extinguishment, filer, forgiven, highly, Identification, Interactive, intercompany, issuer, jurisdiction, large, mark, necessarily, original, ownership, par, practicable, preceding, pursuant, Qualitative, Quantitative, registered, registrant, revised, Safety, shell, shorter, SSOK, submit, submitted, Title, transition, voting, Web

Removed: aggregate, amortization, apply, beneficial, bid, cap, close, commence, comp, convert, deliver, director, discount, discretion, dividend, drop, equal, event, exercised, expensed, formula, granted, holder, liquidation, member, merger, multiplied, nonassessable, notice, offset, performed, ratio, recapitalization, receivable, reclassification, render, reorganization, reversed, settled, shareholder, subdivision, twelve, variable, VP

From filing 10-Q 2022 Q1

Financial reports

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