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SSOK Sunstock

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
CEO
Jason C. Chang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Sandgate Acquisition Corp
SEC CIK

SSOK stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

17 May 21
17 May 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Sunstock earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 47.06K 47.06K 47.06K 47.06K 47.06K 47.06K
Cash burn (monthly) (positive/no burn) 8.88K (positive/no burn) (positive/no burn) 18.24K 34.52K
Cash used (since last report) n/a 40.6K n/a n/a 83.38K 157.81K
Cash remaining n/a 6.46K n/a n/a -36.32K -110.75K
Runway (months of cash) n/a 0.7 n/a n/a -2.0 -3.2

Beta Read what these cash burn values mean

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

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

3.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1 0 NEW
Opened positions 1 0 NEW
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 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

Financial report summary

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Competition
Dollar GeneralDollar Tree
Management Discussion
  • For the year ended December 31, 2020, revenues were $10,072,770, an increase of $3,924,329 from $6,148,441 for 2019. The increase in revenue was primarily due to discounts to large purchasers of coins and more people considering coins a safe haven in 2020 due to Covid-19 and political uncertainty.
  • For the year ended December 31, 2020, cost of goods sold were $9,843,157, an increase of $3,901,418 from $5,941,739 for 2019 due to the increase in revenue.
  • For the year ended December 31, 2020, gross profit was $229,613 (2.3%), an increase of $22,911 from a gross profit of $206,702 (3.4%) for 2019.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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