SEC Info - Sunstock, Inc. - ‘10-Q’ for 9/30/19

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Sunstock, Inc. – ‘10-Q’ for 9/30/19 – ‘R12’

On: Friday, 11/1/19, at 1:12pm ET · For: 9/30/19 · Accession #: 1493152-19-16310 · File #: 0-54830

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/01/19  Sunstock, Inc.                    10-Q        9/30/19   52:2.8M                                   M2 Compliance/FA

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    301K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     23K 
 3: EX-32.1     Certification -- §906 - SOA'02                      HTML     18K 
32: R1          Document and Entity Information                     HTML     47K 
16: R2          Condensed and Consolidated Balance Sheets           HTML     90K 
21: R3          Condensed and Consolidated Balance Sheets           HTML     36K 
                (Parenthetical)                                                  
47: R4          Condensed and Consolidated Statements of            HTML     71K 
                Operations (Unaudited)                                           
31: R5          Condensed and Consolidated Statements of Changes    HTML     65K 
                in Stockholders' Deficit (Unaudited)                             
15: R6          Condensed and Consolidated Statements of Cash       HTML    100K 
                Flows (Unaudited)                                                
20: R7          Nature of Operations and Summary of Significant     HTML     49K 
                Accounting Policies                                              
48: R8          Going Concern                                       HTML     21K 
30: R9          Recent Accounting Pronouncements                    HTML     36K 
24: R10         Property and Equipment                              HTML     22K 
11: R11         Accounts Payable and Accrued Expenses               HTML     22K 
39: R12         Related Party Balances                              HTML     21K 
45: R13         Commitments and Contingencies                       HTML     37K 
25: R14         Outstanding Debt                                    HTML     55K 
12: R15         Derivative Liabilities                              HTML     26K 
41: R16         Stockholder's Deficit                               HTML     22K 
46: R17         Subsequent Events                                   HTML     20K 
26: R18         Nature of Operations and Summary of Significant     HTML     76K 
                Accounting Policies (Policies)                                   
10: R19         Recent Accounting Pronouncements (Tables)           HTML     26K 
34: R20         Property and Equipment (Tables)                     HTML     22K 
50: R21         Accounts Payable and Accrued Expenses (Tables)      HTML     22K 
22: R22         Commitments and Contingencies (Tables)              HTML     23K 
18: R23         Outstanding Debt (Tables)                           HTML     36K 
35: R24         Derivative Liabilities (Tables)                     HTML     26K 
51: R25         Nature of Operations and Summary of Significant     HTML     74K 
                Accounting Policies (Details Narrative)                          
23: R26         Going Concern (Details Narrative)                   HTML     20K 
19: R27         Recent Accounting Pronouncements - Schedule of      HTML     32K 
                Condensed Consolidated Balance Sheet upon Adoption               
                (Details)                                                        
33: R28         Property and Equipment (Details Narrative)          HTML     19K 
52: R29         Property and Equipment - Schedule of Property and   HTML     27K 
                Equipment (Details)                                              
44: R30         Accounts Payable and Accrued Expenses - Schedule    HTML     33K 
                of Accounts Payable and Accrued Expenses (Details)               
37: R31         Related Party Balances (Details Narrative)          HTML     61K 
14: R32         Commitments and Contingencies (Details Narrative)   HTML     74K 
28: R33         Commitments and Contingencies - Schedule of         HTML     44K 
                Maturities of Operating Lease Payments (Details)                 
43: R34         Outstanding Debt (Details Narrative)                HTML    137K 
36: R35         Outstanding Debt - Schedule of Convertible Notes    HTML     69K 
                Payable (Details)                                                
13: R36         Outstanding Debt - Schedule of Convertible Notes    HTML     18K 
                Payable (Details) (Parenthetical)                                
27: R37         Derivative Liabilities - Schedule of Fair Value     HTML     25K 
                Assumption (Details)                                             
42: R38         Derivative Liabilities - Schedule of Fair Value of  HTML     22K 
                Embedded Conversion Features on Recurring Basis                  
                (Details)                                                        
38: R39         Stockholder's Deficit (Details Narrative)           HTML     58K 
49: R40         Subsequent Events (Details Narrative)               HTML     40K 
29: XML         IDEA XML File -- Filing Summary                      XML     92K 
17: EXCEL       IDEA Workbook of Financial Reports                  XLSX     60K 
 4: EX-101.INS  XBRL Instance -- ssok-20190930                       XML    786K 
 6: EX-101.CAL  XBRL Calculations -- ssok-20190930_cal               XML    129K 
 7: EX-101.DEF  XBRL Definitions -- ssok-20190930_def                XML    328K 
 8: EX-101.LAB  XBRL Labels -- ssok-20190930_lab                     XML    656K 
 9: EX-101.PRE  XBRL Presentations -- ssok-20190930_pre              XML    493K 
 5: EX-101.SCH  XBRL Schema -- ssok-20190930                         XSD    121K 
40: ZIP         XBRL Zipped Folder -- 0001493152-19-016310-xbrl      Zip     89K

‘R12’ — Related Party Balances

This is an IDEA Financial Report. [ Alternative Formats ]

Related Party Balances

9 Months Ended

Sep. 30, 2019

Related Party Balances

NOTE 6 - RELATED PARTY BALANCES

During the year ended December 31, 2018, the Company was provided loans totaling $219,000 by the Company’s CEO. The loans bear interest at 6% per annum. During the year ended December 31, 2018, $49,750 of the loans were converted into 33,300,000 shares of the Company’s common stock, which resulted in a loss from settlement of debt of $840,058. In connection with the acquisition of Mom’s Silver Shop, the Company incurred a $33,000 note payable to the former owner of Mom’s Silver Shop, of which $0 is still outstanding at September 30, 2019.

During the nine months ended September 30, 2019, Jason Chang, the Company’s Chief Executive Officer and director, purchased 302,000,000 shares of the Company’s common stock for an aggregate of approximately $172,850 in cash and the Company recorded an additional $4,798,150 as stock based compensation based on the closing prices on the grant dates. During the nine months ended September 30, 2019, the parents of Jason Chang purchased 90,000,000 shares of the Company’s common stock for an aggregate of approximately $25,000 in cash and the Company recorded an additional $975,000 as stock based compensation based on the closing prices on the grant dates.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

Filed on:	11/1/19
For Period end:	9/30/19
	12/31/18	10-K, 10-K/A, NT 10-K
		List all Filings

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Filing Submission 0001493152-19-016310 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)