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$ZMRK is out of money. They are INSOLVENT.
mick: There is NO FUNDING for $ZMRK.
$ZMRK paid-the-chart-touter-in-stock-to-promote-Zalemark. Read past financial statements. Now that stock is pretty much worthless.
Zalemark Inc. went BANKRUPT a-few-years-back. Left-huge-unpaid-financial-obligations.
$ZMRK
Felon Steven Zale was incarcerated-for-three-years-for-dealing-HUGE-amounts-of-cocaine.
$ZMRK
Felon Steven Zale is a con man. Investors-were-conned.
$ZMRK
Investors/traders should not invest in an unaudited $ZMRK.
Kodiak won't invest or-give-funds-to-an-unaudited-company. Bad-business-sense.
$ZMRK
$ZMRK: Kodiak funding can't happen. An-AUDIT-is-required.
$ZMRK third-quarter ends in 17 days. AUDIT-won't-happen.
Raymond Ruiz states Caren Currier-assures-$ZMRK-AUDIT-will-be-finalized-by-third-quarter-this-year.
Steven Zale said $ZMRK AUDIT definitely would-be-finished-by-third-quarter-LAST-YEAR.
$ZMRK stated AUDIT numerous-times-since-2010-but-it-never-happens.
mick: I-have-posted-numerous-times re $ZMRK AUDIT.
Hey mick: Read-this...Also from a few years-back. $ZMRK
NEWS
ZALEMARK HOLDING CO INC (PINK:ZMRK) is StockRod.com’s Diamond in the Rough
With Valentine’s day approaching, it’s time for the gentlemen from all over the world to start thinking about gifts for their significant others. ZALEMARK HOLDING CO INC (PINK:ZMRK) are aware of that and there has been quite a lot of activity going on around them recently. StockRod.com also took it as their responsibility to raise some awareness around ZMRK and they sent out some emails where they say that the company is a potential gold mine. Their words are not enough to convince us, though, so we decided to have a look.
First, let’s discuss what ZMRK does. They are a company that specializes in designing and selling massively expensive jewelry that only Hollywood stars and millionaires can afford. Recently, there has been a lot of commotion around them and they say that they have signed contracts with world-renowned designers, as well as opened a website, through which the rich and famous can order their adornments with just a few clicks of the mouse, and various other pieces of news that sound encouraging. All this is very good, but is it enough to make you invest in their shares? As far as we are concerned, it isn’t, so we went on to do a proper research.
As always, we wanted to check on the financials first and we found out that ZMRKare listed on the Pink tier of the OTCMarkets. Not a good start, we thought, but at least their latest quarterly report wasn’t uploaded that long ago. Sure enough, we clicked on it and although at first things might not seem so bad, the second impression is quite different. You can have a look through the figures below and we’ll be sure to explain exactly what we mean:
cash: ($4,573)
total assets: $5.8 million
total liabilities: $323 thousand
sales for the period January-September 2012: $7,293
Obviously, they have pushed their bank accounts into overdraft, and yet, the more enthusiastic among you will probably say: “Yes, but they do have $5.8 million in assets and their liabilities aren’t that much and they have generated some sales (not a lot, but there is some)”. We are here to answer.
Let’s start with the assets. Apart from investments and inter-company transactions with other ventures, they have nothing. That’s not the only problem – we couldn’t find any information about most of these investments, and the one that we did find something about is Zalemark, Inc. What did we find? That it’s a subsidiary of ZMRK, but we had already guessed it. It all seems to us like an artificial way of making the company look more prosperous than it really is.
As far as the sales revenue is concerned, we wondered: “Is $7,293 really enough to cover the operating costs for the whole nine months?”. Of course it’s not. When you crunch the numbers you will see that the net loss for this period is $271 thousand. This in turn means that the liabilities are not at all as little as they might first appear.
Maybe StockRod.com forgot to read through the report more carefully. After all, they are relatively speaking, a newcomer to the promotional business and we have yet to see how they will get on, although we are pretty sure that ZMRK is not the best of starts. We still wanted to give you a fresh example of how risky it is to invest in promoted companies with little to no financial records. Yesterday we wrote about SUNBELT INTL CORP (PINK:SUNB). They are also a Pink sheet company and yesterday they were promoted as well. Sure enough, they lost 33% in one session alone.
All in all, it’s pretty clear that ZMRK will need something more than just press-releases and promotional email to make us believe that they are indeed a gem waiting to be discovered.
$ZMRK stock touters got-paid-in-worthless-stock. Read-the-financials.
2014 $ZMRK Annual Report: NET LOSS: $3,664,810.43.
mick: $ZMRK signed the Crayola license in 2014. They haven't sold any product. Signed with M&Ms last year. Never sold anything.
mick: No $ZMRK press-release-ever-came-to-fruition.
mick: How-can-you-have-a-Mark of Quality-on-jewelry-that-doesn't-exist? $ZMRK
mick: $ZMRK-is-not-a $1.75 million-dollar-company. Zalemark-has-no-net-worth. The company is insolvent. I'll explain the big word. It means they don't have any ability to pay the debts that they owe. Their retained earnings are over a NEGATIVE $8,000,000. That means they are underwater. Every year they lose more money. Every year the price per share drops lower. Steven Zale is a con man. And a convicted drug dealer that spent three years in prison. He also plead guilty to embezzling close to $300,000 from his wife's employer.
Zalemark has no sales. They have associated themselves with Super Bell, a far bigger company that RMS. Super Bell sells to over 1,000 retailers and they couldn't sell Crayola, M&M's or anything from Zalemark.
Retail Marketing Solutions doesn't have any jewelry experience. It's all a sham scam.
Putting money in Zalemark is not akin to gambling. It's like giving your money to a thief before he asks for it.
Often-times-investors-will-let-their-ego's-get-in-the-way-of-prudent-decisions. So-it-went-with-$ZMRK.
If Zalemark investors saw what I saw they would have gotten out as quickly as possible. At $0.04 I saw many things that didn't make sense. What I stated then holds true today. There is no value to Zalemark. I saw it and a few others saw it as well. Now the PPS is sub penny and heading even lower.
You can believe me or you can believe the paid chart guy.
If you do believe me you will lose less money.
Zalemark is not a chart persons stock. Too easily manipulated for less than $1.00. Plus there is no ongoing volume when you want to sell. So it's not a traders stock as well.
Zalemark is a scam company run by two con guys; Steven Zale and Raymond Ruiz. Caren Currier to a lesser degree. I think she is a pawn. BUT she signed her name to the financial statements. So the "net" will be thrown around her as well
I-discovered-this-board-over-one-year-ago. $ZMRK-was $0.04-now-it's-sub-penny.
That was before it was revealed that Steven Zale had multiple run ins with the law.
A cocaine bust that landed him in prison for three years. Also, Zale plead guilty to embezzling hundreds of thousands of dollars from his wife's employer. Zale was also arrested for being a felon having a gun in his possession.
And yet with all of the above there is one chartist that is part of the scam, getting paid in stock to promote Zalemark. Read the financial statements. Zalemark is insolvent. They have had no sales or revenue in years. Zalemark siphons jewelry and money out of the company then writes off the invoices as Bad Debt. Who did they invoice the jewelry to? Who is getting HUGE Professionsl Fees, who is getting the huge Consulting Fees, who is getting Salaries and Wages? All the money (over $8,000,000 underwater) must be coming back to Steven Zale, the convicted felon and other Officers, Directors and Consultants.
$ZMRK is a scam. Led-by a-felon-dope-dealing-embezzler-and-his wannabe-touters.
Steven Zale was imprisoned for three years for selling huge amounts of cocaine.
Steven Zale plead guilty to embezzling hundreds of thousands of dollars in an elaborate scam on his wife's employer.
Steven Zale has never had a successful business endeavor. Always bankruptcy or a closed entity leaving huge unpaid debt.
Zalemark is insolvent.
Money get siphoned out in phony invoicing that later gets written off the books as Bad Debt.
Money gets additionally gets siphoned out in outrageous amounts through Consultants, Professional Fees and Salaries and Wages. Who are the recipients of these funds?
Shares of stock has been given to "paid touters" to hype Zalemark on stock bulletin boards. Read the financial statements.
Jewelry inventory disappears from one statement to the next.
This company is headed to bankruptcy.
From-$1.40-to-sub-penny-in-five-years. $8 million-pissed-away-by-Steven-Zale. In whose pocket did that money go in. Investors have been conned for years. $ZMRK is insolvent and they don't have the ability to pay their financial obligations. They had absolutely no sales or revenue for the first three months of this year. And a measly $1,400. and change for the second quarter. Read the financial statements. They wrote no business at the Las Vegas wholesale jewelry shows. The inventory is disappearing and payments were made to "who"...for Professional Fees and Consulting? And who received Salaries and Wages? Again, read the financial statements.
Price per share closing:
July 1, 2016. $0.009
July 1, 2015. $0.022
July 1, 2014. $0.15
July 1, 2013. $0.20
July 5, 2012. $0.34
July 1, 2011. $1.40
No sales or revenue in the first quarter of this year.
And a net income loss of $163,506.02.
Huge ongoing expenses for Professional Fees plus salaries and Wages along with Business Filings, Licenses and Permits. And Travel expenses. All together totaling over $160,000.00.
And how much was spent on Marketing? This would be the amount of money to help sell the jewelry...$1,405.00. The huge princely sum of fourteen hundred bucks. This is what was spent to try and promote and sell both Crayola and M&M jewelry collections. So when I say Steven Zale is inept, that is an understatement. Everyone else is a puppet of Mr. Zale.
And BTW for those that are not aware of Steven Zale's background: He was arrested and charged with dealing huge amounts of cocaine. He was sent to prison where he was incarcerated for three years.
AND...he and his wife were arrested for embezzlement of her employer to the tune of hundreds of thousands of dollars. Steven Zale and his wife plead GUILTY.
When I looked at the 1st quarter financial statement that was released earlier this year I saw over $130,000 of missing inventory which was on the previous year end statement and I also noticed that a crucial page was missing.
Totally inept and in my opinion "criminal". No wonder Ernest Martel quit. The "insiders" must know that Zalemark is dying and their shares are worthless. I think the only two that are there on a full time basis are Steven Zale and Raymond Ruiz. Is this where the missing inventory is going?
When news hits, $ZMRK PPS will drop, always-has.
This company is led by a convicted felon who was arrested for dealing cocaine and also arrested for embezzlement. He spent three years in the slammer. Not one major department store bought Crayola jewelry. NOT ONE!!! Zalemark has never sold anything that amounted to serious sales for a supposed jewelry company. Read the financials. No one can sugar coat this pitiful scam company with wishful thinking PR's and hopes. Crayola bombed. No department store bought it this year or last year. Some idiot investors still believe that Zalemark will achieve their ludicrous projected sales of $119 million this calendar year, the first six months sales were under $1,500. How can they be so dumb?
Rusty: Past posts touting $ZMRK that never materialized.
September 17, 2015, Post-3999
"Awesome chart, this will definitely be one of the best stocks this year when its all said and done. Retail coming and thats HUGE"
Post-3996
"Yep, awesome chart, golden cross coming."
Post-3881
"ZMRK is a hidden gem. Big things coming."
Post-3949
"ZMRK will be trading at .25+ by Xmas"
Post-2944
"Looks like they should have a market cap of around 10 million, we are at 1.8 now so we should see at least 5 times pps which is about .20"
Post-2904 August 14, 2015
"because they WILL be audited this quarter. That was straight from Steven Zale when I spoke with him."
Post-2768, August 7, 2015
"huge financials will be out either today or next week per Steven Zale. I'm excited to watch everyone chase."
I could keep going but hopefully you get the picture. These are posts from desperate investors that have lost huge amounts of money and are still touting Zalemark as the next big thing. I really hope they keep buying in as the stock hits new lows.
.
Steven-Zale-Descriptions:-Inept-Incompetent-Irrelevant-No-business-acumen/skills. Maladroit.-Complete-failure.-Irrelevant-Delusional.-Narcissist.-Megalomaniac.-Hubristic.-Irrelevant.-Con-man.-Pathological-egotist.-Swindler.-Unrepentant.
$ZMRK
Dust-man: I really can't believe that you believe what the paid chart guys and Mr. Zale say. $ZMRK is INSOLVENT. They have no ability to pay their enormous debt.
Patience-and-wishful-thinking-will-not-make-the-PPS-rise. Sales-and-Profits-will. $ZMRK-has-none. Only-LOSSES.
A-Press-Release-comes-out-and-$ZMRK "flatlines". Nobody-believes-in-Zalemark-except-for-the-paid-touters.
Pete: The PPS keeps dropping every year. $ZMRK-is-doomed because of Steven Zale and his criminal past, among soooo many other things.
Pete, all-I-can-say-is-for-you-to-buy-more-shares. But-at-a-steep-discount-direct-from-$ZMRK-as-you-can-purchase-those-shares-at-half-price-or-less. Read the financial statements.
DJPB: Christmas-is-over-with-for-major-retail-stores. All-buying-plans-and-dollars-are-committed. I don't think Zalemark could even get a test into the stores this late into the season. They would have to be an approved vendor and that takes time. Plus what retailer wants to be associated with a drug dealing felon that also plead guilty to embezzlement. In addition, they gave up the ability to do business in California. Zalemark couldn't afford the filing fee. The Zalemark corporate status with the California Secretary of State is "surrendered".
Pete: Bankruptcy-will-be-prior-to-any-$ZMRK-jewelry-ever-getting-into-retail-stores. Have patience my friend...it will happen.
Retail-Management-Solutions-is-the-industry/leader-in-pharmacy-point-of-sale-technology for retail and outpatient pharmacies. Having installed more pharmacy POS systems in the independent and outpatient pharmacies than any other company, RMS has become the industry standard. Whether you operate a single register pharmacy, 15 register superstore, or have multiple locations, we have a fit for you. You can count on us for prompt service in all 50 states, 24 hours a day, seven days a week. RMS is proud to be the only pharmacy POS softwareprovider in the nation that focuses strictly on the pharmacy market.
Kompugard has no experience in the jewelry industry and RMS is a software firm.
$ZMRK
COMPANY-OVERVIEW-Kompugard-is-in-the-Men's-and-Boys'-Clothing-and-Accessory-Stores-industry-in-Van Nuys, CA. This company currently has approximately annual sales of $1,000,000 to $4,999,999.
$ZMRK
Pete: Have patience. Bankruptcy is coming soon. $ZMRK
Dustin: As-successful-and-prosperous-as-last-year.
Go $ZMRK (into-the-toilet-again).
$ZMRK-surrendered-their-right-to-do-business-in-California. Couldn't-pay-the-fee-to-the-California-Secretary-of-State.