Sunstock, Inc. Launches Rehabilitation Housing Division
08 Março 2017 - 11:00AM
Marketwired
Sunstock, Inc. Launches Rehabilitation Housing Division
SACRAMENTO, CA-(Marketwired - Mar 8, 2017) - Sunstock, Inc. (the
"Company" or "Sunstock") (OTCBB: SSOK) announced the opening of its
No-Frills Rehabilitation Housing Division.
Sunstock's business strategy combines income producing real
estate properties with investments in precious metals. The
management team with over 20 years of hospitality industry
experience has identified a distinct need for clean, safe and
affordable rehabilitation housing facilities. Management has
developed a plan to implement a strategy to bring no-frills
rehabilitation housing facilities to the California market and
eventually expand nationally.
Sunstock is in the final stage of negotiating the acquisition of
a hotel in California. After purchasing the hotel, Sunstock plans
to convert the hotel to a no-frills rehabilitation housing facility
that will provide a clean, safe room and transportation to clients
enrolled in a substance abuse treatment program. Sunstock has hired
a management team to oversee the hotel conversion to a no-frills
rehabilitation housing facility.
Sunstock's research has discovered a high demand for these types
of rehabilitation housing facilities in California. After the
transfer of the hotel ownership, Sunstock forecasts this project
will generate over 10 million dollars in gross revenue in the first
18 months. Sunstock believes that this revenue prediction is
sustainable and will prove to be a successful pilot project and
springboard to future growth.
Safe Harbor Statement
Certain statements contained in this press release may be
construed as "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995 (the "Act"). The words
"estimate," "project," "intends," "expects," "anticipates,"
"believes" and similar expressions are intended to identify
forward-looking statements. Such forward-looking statements are
made based on management's beliefs, as well as assumptions made by,
and information currently available to, management pursuant to the
"safe-harbor" provisions of the Act. These statements are subject
to certain risks and uncertainties that may cause actual results to
differ materially from those projected on the basis of these
statements. These risks and uncertainties include, without
limitation, our history of losses and limited revenue, our ability
to develop new products and evolve existing ones. For a more
complete description of these and other risk factors that may
affect the future performance of Sunstock, Inc., see "Risk Factors"
in the filings with the Securities and Exchange Commission. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date made. The Company also
undertakes no obligation to disclose any revision to these
forward-looking statements to reflect events or circumstances after
the date made or to reflect the occurrence of unanticipated
events.
Contact: Mike Lee Sunstock, Inc. (916) 849-5507
enquiry@sunstockinc.com www.sunstockinc.com
Sunstock (QB) (USOTC:SSOK)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Sunstock (QB) (USOTC:SSOK)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Sunstock Inc (QB) da OTCMarkets bolsa de valores: 0 artigos recentes
Mais Notícias de Sunstock, Inc. (PC)