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Mick, also interesting is the 2014 NET LOSS: $3,664,810.43
$3.66 million in net losses. Stop reading the paid by Zalemark press releases.
Start reading the financial statements.
The-2010-press-release-states-Zalemark-Holding-Company-owns-Zalemark-Inc.,-which-went-BANKRUPT.
From 2010: Zalemark-Engages-Audit-Firm-Haskell-and-White LLP, Certified-Public-Accountants.
For over 6 years, Zalemark has been telling investors they were getting audited.
I believe the will get audited: by the IRS, SEC and FINRA.
The Press Release from 2010:
Zalemark Holding Company Inc. (PINKSHEETS: ZMRK) announced today that it has engaged Haskell and White to perform an audit of Zalemark's financial statements. Haskell & White has been registered with the Public Company Accounting Oversight Board (PCAOB) since October 2003. The PCAOB is a private-sector, non-profit corporation created by the Sarbanes-Oxley Act to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports.
Zalemark Holding Company Inc., headquartered in Sherman Oaks, CA, owns all of the shares of Zalemark, Inc., a leading jewelry branding, design and manufacturing company, and is a proud sponsor of the international not-for-profit children's organization Operation Smile. The company is publicly traded on the OTC Pink Sheets under the symbol ZMRK.PK.
Zalemark Holding Company Inc. does not file any company information with the US Securities and Exchange Commission, and is not currently required to do so. Accordingly, this press release and other public statements which may be made by or about the company do not reflect all information concerning the company, its operations, financial condition, assets, properties or prospects, and should not be relied by any person for any purpose, including without limitation making any decision whether or not to purchase the company's stock in the public market.
As evidenced by lack of-volume-and-interest: Future-ZMRK-investors-aren't-stupid.
No smart investor is purchasing shares of ZMRK. $ZMRK is on the verge of BANKRUPCY, which is nothing new for the felon Steven Zale.
No sales.
Huge losses.
Invoicing that seems fraudulent.
No transparency to the "expenses".
Huge debt.
Huge minimum licensing payments due quarterly.
Zalemark is INSOLVENT.
Zalemark doesn't have the money to pay the California Secretary of State business license fees. Zalemark can't do business in California.
Zalemark tries to sell shares of its stock. But certainly can't sell jewelry. No jewelry is in any stores.
Zalemark pays it touters in stock for "Services Rendered". Read past financial statements.
Steven Zale PLEAD GUILTY to embezzling hundreds of thousands of dollars from his wife's employer.
Steven Zale served three years in prison for selling huge amounts of cocaine.
Steven Zale was arrested for being a FELON in possession of a firearm.
Zalemark needs to close down this scam business.
The Zalemark B.S. press releases are just that...B.S.
New investors; do some serious due diligence. And please don't believe anything anyone tells you. Verify what I write and verify what everyone else writes. And please don't listen to the underwater sheep longs.
Steven Zale is a felon. He was in prison for three years for selling huge amounts of cocaine.
He also was arrested (along with his wife) on embezzlement charges...in the hundreds of thousands of dollars. He plead guilty.
He and his "dream team" put out news announcements and press releases that are so over inflated that I believe they are "criminal". Nothing ever comes to fruition and always the company loses money. Every year the stock price hits new lows.
Zero sales or revenue in the first quarter of this year. Again, with over $160,000 in losses...in just three months.
Over $8,000,000 underwater between retained earnings and a net loss. Individual investors that personally gave Zalemark over $1,000,000 each, have lost over 99% of their investment.
Zalemark is out of money. They are insolvent. They owe over four times their ability to pay their debts. They will file for bankruptcy or just close their doors. Steven Zale has done this in the past.
So many press-releases that never came to fruition. (None of them ever do.) And the PPS keeps dropping to new lows every year. One would think the inept Steven Zale (the boy who crys "wolf" too often), would realize his press releases are not beneficial to the share price. If he just would have put his energy into trying to sell some jewelry, instead of trying to promote the stock, he wouldn't be in the mess he's in.
From-$1.40-to-sub-penny-in-five-years. $8 million-"urinated"-away-by-Steven-Zale. In whose pocket did that money go in. Investors have been conned for years. Zalemark 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 $1,446.46 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 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?
Pete: you're-posting-old-information-again. It's-not-the-"latest". Up-to-date-info is from the second quarter financials, ending June 30, 2016.
The numbers have changed.
$ZMRK-buyers. Get-your-shares-directly-from-ZMRK-for-half-price-or-less.
Zalemark will sell you restricted stock for at least half price of the market price. If you think there is a future (I don't) then buy direct and save.
Mick: Read-what-I-have-posted. You-can't-refute-any-of-it. It's-all-true.
$ZMRK
It-ends-when-the-paid-touters-stop-trying-to-get-innocent-investors-to-give-their-money-to-a-con-man and his buddies who tout the stock.
$ZMRK
$ZMRK Crayola-and-M&M-licenses-could-be-in-default. Minimum-payments-are-due-each-quarter.
There are no sales and no money to pay minimums to Crayola or M&M's.
I wouldn't be surprised to see both of these fine companies pull the the plug on Zalemark.
Zalemark-invoices/revenue-get-written-off-as-Allowance-for-Bad-Debt. What entities received the inventory? Who was the recipient of the inventory?
Zalemark-inventory-disappears-from-one-financial-statement-to-the-next-financial-statement.
$ZMRK couldn't pay the-California-Secretary-of-State-filing-fee. They can't do business in or out of California. Their only location is domiciled in California.
Zalemark couldn't trade restricted stock for the filing fee.
$Zalemark-has-no-transparency. $8 mill disappeared. Who-received-this-money?
$ZMRK sells shares of stock. But NEVER jewelry.
$ZMRK. All press releases have never-come-to-fruition.
$ZMRK: Steven Zale was arrested-for-being-a-felon-in-possession-of-a-firearm.
$ZMRK: Steven Zale was arrested for-dealing-cocaine. Incarcerated-for-three-years.
$ZMRK: Steven-Zale-was-arrested-for-embezzlement. He-plead-guilty.
Zalemark paid the-chart-stock-touters-with-stock. Read-the-financials.
Zalemark is insolvent. They can't pay their bills.
Mick: NO AUDIT. An audit will reveal the-fraud.
Steven Zale has been saying "audit" since 2010.
Huge dilution coming. All-those-restricted-shares-are-coming-due.
Mick, the-Zalemark-charts-can-be-manipulated-by-trades-of-under $10.
Steven Zale is a con man.
Mick, all information is in the-financial-statements-or-online.
The proof of Zalemark's incompetency is NO SALES...HUGE LOSSES.
Yes Mick, the history is Zalemark Inc.-went-bankrupt a few years back. Zalemark Holding Company Inc. owned Zalemark Inc. Huge losses and unpaid debt. Steven Zale's licensing concept has never worked. Zalemark is under water by over $8 million dollars.
Zalemark is led by an inept team of total losers.
The longtime leader made his living selling drugs. He was imprisioned for three years. He is also an admitted embezzler. He is a con man.
Pete: ZMRK is a scam. No-stores-bought-the-jewelry.
No upside at all. ZMRK has had the Crayola license since 2014. They haven't delivered any jewelry.
Also, whatever they invoice isn't a legitimate sale. Everything gets written off to Allowance for Bad Debt. Zalemark will invoice to get jewelry out and create phony sales. But no payments against those invoices ever gets collected. Read the financial statements. Zalemark is insolvent.
Zalemark should be trading in triple zeros.
Zalemark's PPS declines further every year.
Zalemark is not licensed to do business from-Nevada.
Zalemark is not licensed to do business-from-California.
Zalemark is INSOLVENT. They can't pay their debts.
HUGE DILUTION COMING. Zalemark-paid-people-and-entities-with-restricted-stock.
When those shares become unrestricted, dilution will happen
No Kodiak funding for Zalemark. An audit is-required.
Zalemark conned Super-Bell. There are no sales.
Zalemark has been saying "audit" since 2010.
All Zalemark financial statements show huge losses.
Zalemark has no income or revenue coming in.
Zalemark has to file for bankruptcy.