SSOK Ballistic ALERT HURRY Sunstock Inc. Announ
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Posted On: 03/19/2021 10:00:03 AM
SSOK Ballistic ALERT HURRY
Sunstock Inc. Announces Plans to Expand its Retail Presence to the East Coast
8:00 am ET March 19, 2021 (Globe Newswire) Print
Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, today announces its plans to open a second, larger storefront located on the East Coast.
The Company's current store in Sacramento, Mom's Silver Shop, sells gold, silver and rare coins to customers and investors. The store continues to experience steady gains in both product demand and foot traffic, prompting management to consider a second location. In exploring a new storefront, Sunstock has decided to relocate its headquarters to a region with strong demand but a more favorable sales tax than California.
"We always operate from a 'how-do-we-grow-from-here' perspective when exploring options best suited for our industry, company and shareholders," stated Sunstock CEO Jason Chang. "Based on the demand we see for precious metals and the goals we have as a company, it makes sense to open a larger location that can better house our inventory and accommodate a greater number of customers. We will provide additional updates as we select our second location and begin to build our marketing strategy for the area."
Sunstock will continue to operate Mom's Silver Shop in Sacramento, build its inventory of precious metals, and advance on its broader expansion plans to grow revenues by selling wholesale to other retailers.
Sunstock Inc. Announces Plans to Expand its Retail Presence to the East Coast
8:00 am ET March 19, 2021 (Globe Newswire) Print
Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, today announces its plans to open a second, larger storefront located on the East Coast.
The Company's current store in Sacramento, Mom's Silver Shop, sells gold, silver and rare coins to customers and investors. The store continues to experience steady gains in both product demand and foot traffic, prompting management to consider a second location. In exploring a new storefront, Sunstock has decided to relocate its headquarters to a region with strong demand but a more favorable sales tax than California.
"We always operate from a 'how-do-we-grow-from-here' perspective when exploring options best suited for our industry, company and shareholders," stated Sunstock CEO Jason Chang. "Based on the demand we see for precious metals and the goals we have as a company, it makes sense to open a larger location that can better house our inventory and accommodate a greater number of customers. We will provide additional updates as we select our second location and begin to build our marketing strategy for the area."
Sunstock will continue to operate Mom's Silver Shop in Sacramento, build its inventory of precious metals, and advance on its broader expansion plans to grow revenues by selling wholesale to other retailers.
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