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Zalemark is a scam-company. Led by a convicted-felon.
Zalemark paid the chart touters in stock. Read-the-past-financial-statements.
Nobody believes ZMRK has any validity, except the posters touting this company...because they received free stock from Steven Zale.
Zalemark has had no past legitimate sales. Jewelry gets invoiced out to deplete the inventory and then Zalemark rights off the accounts receivables as Bad Debt. Zalemark also siphons out funds through huge expenses such as Professional Fees, Consulting and Salaries and Wages.
Zalemark has no future sales. They have had the Crayola license since 2014 and haven't sold anything. All press releases are B.S. And have never come to fruition.
This is a scam company led by a convicted drug dealer that was imprisioned for three years. He is also an admitted embezzler.
Ernest-Martel-should-be-the-first-insider-to-make-a-deal-with-the-SEC. He could get away with a slap on the wrist while the others go to prison. Especially if he comes forward before he gets indicted with the others.
Zalemark is an obvious scam. I do hope the chart touters get indicted as well.
Eventually,-Super-Bell,-Crayola-&-M&M's-will dis-associate-with-Zalemark. ZMRK-is-a-loser. Led by a con man. Steven Zale is an admitted embezzler and convicted cocaine dealer.
Zalemark is such an obvious scam company. The only ones that are touting Zalemark are chart guys with a following. Read the past financial statements and you will see the chart guys were "paid" in stock. But I have read the financial statements and I understand how this scam company works.
No jewelry ever gets really sold. Zalemafk generates a phony invoice. I don't know if they actually ship product out but if they did then that product goes to a friend of Steven Zale. Then when the invoice doesn't get paid it gets written off the books as Bad Debt. That is why there will never be an certified audit. Also funds get siphoned/expensed out to Consulting Fees, Professional Fees and recently Salaries and Wages. But we know the Salary and Wages are phony because Zalemark did not make any provisions for the taxes on that expense.
Hundreds and hundreds of thousands of dollars get expensed out. Who is/are the recipients of those expenses.
You basically have a company doing no business but with huge expenses. All at the expense of stockholders, lenders, stakeholders and investors.
Zalemark has a negative net worth and they have no money to pay anyone.
$ZMRK-over $8 million-underwater. Who-received-those-funds? My-guess: Steven-Zale.
Zalemark-paid-the-chartist-touters-in-stock. Read-the-past-financial-statements.
No Crayola,-M&M,-Demeter-or-Zalemark-jewelry-in-stores. ZMRK-is-a-scam-company.
Zalemark is not licensed-to-do-business-in-California. Filing-fees-were-not-paid.
Steven Zale was sentenced-to-three-years-in-prison-for-selling-huge-amounts-of-cocaine.
ZMRK-needs-an-audit-to-be-uplisted. Steven Zale doesn't-want-an-audit-as-it-would-reveal-fraud-IMO.
Steven Zale is an admitted embezzler. He plead-guilty.
Zalemark-has-huge-losses-every-year. PPS-declines-every-year.
Zalemark's-leader-the-felon-Steven-Zale-has-led-this-company-to-INSOLVENCY.
Zalemark has no revenue or sales. Past-Present-or-Future.
Zalemark pays the stock touters with stock. Read-the-financial-statements.
Zalemark defaulted on it's right to do business-in-Nevada.
Zalemark surrendered the right to do business in-California.
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. 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?
Steven Zale has drained Zalemark of all equity.
Most Zalemark investors know this is a scam-stock.
Zalemark-jewelry-inventory-disappears-from-one-financial-statement-to-the-next.
Zalemark has no audited statements plus no transparency.
ZMRK-expenses-Salaries-and-Wages-BUT-has-no-provision-for-taxes-on-that-expense.
ZMRK's phony invoices converted to Bad Debt.
ZMRK led by a convicted cocaine dealer and-embezzler.
ZMRK is a scam. No sales. Huge losses.
No-Zalemark-produced-jewelry-in-any-stores. That-right-there-says-everything.
ZMRK-only-loses-equity-for-its-investors. Every-year-the-PPS-declines-further.
Zalemark invoices entities that never-pay. Who are they-invoicing?
Zalemark sell shares of stock. But never jewelry.
No Demeter jewelry in stores. No celebrity tie-in.
This was promised for the Las Vegas jewelry shows in early June.
Just another phony press release.
No M&M jewelry in stores. Licensed-for-well-over-a-year.
No Crayola in stores. Acquired the-license in 2014.
Caren-Courier and Raymond-Ruiz signed the financial-statements.Steven-Zale-won't-sign-them.
Zalemark: Triple zero's and bankruptcy coming up.
An audit would reveal-the-fraud. That-is-why-no-audit-ever.
Money is siphoned out through Consulting,-Professional-Fees,-and-Salaries-and-Wages.
Zalemark has no future, current or past legitimate-sales.
Zalemark "touters" are paid in stock. Read-the-financial-statements.
That is why they are trying so hard to get people to buy this stock.
But it wasn't until late last year that it became public knowledge that Steven Zale served three years in prison for dealing huge amounts of cocaine. And that he also plead guilty to embezzling hundreds of thousands of dollars from his wife's employer. He was also arrested for being a felon in possession of a firearm.
He has never had a successful business. He has left a trail of bankruptcy, closed business entities and failed endeavors. All the press releases are B.S. And Zalemark is insolvent. The touters know this but will continue to try to put a positive spin on this fradulent company to get the PPS to rise. That won't happen as I will continue to post accurate facts.