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Barchart Opinion: STRONG SELL. But-it-means-nothing-when-ZMRK-can-be-manipulated-by-a-trade-of-less-than-a-dollar. The "ask slapper" has done that, and sometimes he extends his budget to $10. Charts on Zalemark are useless.
No-retailers-bought-Crayola-or-M&M. All-PR-from-ZMRK, Steven Zale-and-Raymond Ruiz-is-B.S.
The styles and pricing aren't compelling enough to get ANY retailers OR consumers to buy it. It's just not fine jewelry. There are way too many other better and well positioned jewelry brands for Zalemark to compete with. The retailer just doesn't need what Zalemark has to offer. Those other companies have started to process and send out the orders they wrote in Las Vegas. Zalemark hasn't sold or delivered anything.
Zalemark is also insolvent. They owe four times their ability to pay their debts. No sales or revenue in the first quarter of this year. Over a $163,000 net loss. The only investors left are the sheep that had the wool pulled over their eyes.
Plus the fact of being associated with a known drug dealer and embezzler who hasn't had a successful business is just not good business sense.
Does anyone know if ANY sales were-made in-Las-Vegas? We know nothing has been shipped on any so called "brands" by looking at the first quarter 2016 financial statement. Zero revenue with a $163,000 loss in those three months.
To read a press releases that says "Zalemark captivates the buyers at the Las Vegas trade show" is deception.
Actually there was NO INTEREST and NO ORDERS!!!
Steven Zale is delusional and ego maniacal. That's aside from being a felon. Three years in the slammer for selling huge amounts of cocaine. And after he was arrested for embezzling hundreds of thousands of dollars from the company his wife worked for...he plead guilty to those charges.
Like a dead fish out of water...this company stinks.
And-still-no Crayola or M&M jewelry-in-any-stores. The-product-had-no-appeal.
The proof is in the fact that no retail stores bought it.
No upside interest in Zalemark. Ask-slapping-trades-of-less-then $10. You get a 26,000 share trade at $0.006 and that is quickly followed by the ask slapper again goosing the PPS back to .009. Investors are reading the posts on this board. Hopefully they are reading the financial statements and are looking up the actual facts on Zalemark and Steven Zale. They will see how flawed his branding concept is. Not one brand ever produced a profit for Zalemark. Only closed and bankrupt entities leaving unpaid financial obligations. The leadership in Zalemark keeps making the same mistakes over and over. A clear sign of stupidity. An investor wants to see a clear direction to sales and profits. The only direction with ZMRK is down. The charts mean nothing. The cheerleading from the sheep mean nothing. Selling jewelry means something and Zalemark hasn't done that, nor can they do that. And Steven Zale is "looting" the company with huge Professional Fees, and now what is new on the last financial statement is Salaries and Wages. Everyone was a sweat equity worker prior. Who is getting the Professional Fees and who is getting a salary? Smart investors want to know these things. And what about the huge drop in Inventory from the year end statement to the end of the first quarter statement. Where did that inventory disappear to?
When the end is near,,,"things" will start to disappear.
Check out this deliberate-error on the last financial-statement.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115
In the bottom right hand corner you'll see:
1 of 9
2 of 9
3 of 9
4 of 9
But no page 5
After page 4 comes page 6.
It makes you think Zalemark is hiding something.
I know that Steven Zale has been hiding his brains for years.
Pete: Charts mean nothing with Zalemark, no-fundamental strength-whatsoever.
Charts can be a great tool will high volume low float stocks. Zalemark is like "the little engine that couldn't".
The desperate underwater longs are hoping for the miracle that can't and won't happen. Wishful thinking and prayers won't help this company. Zalemark has inept leadership. I just don't understand why the board didn't oust Steven Zale years ago. The company is insolvent because of him and his sheep followers. Every press release and news announcement never happened or made any sales (let alone profits) for Zalemark. Steven Zale's branding concept has NEVER worked....EVER!!! He just signs licensing agreements and committing the company to additional payments that they can't afford. Zalemark is insolvent. They currently owe four times their ability to pay their debts. They have no sales or future orders. Huge amounts of inventory has mysteriously disappeared. It's over!!!
From-a-March-8-2016 National-Jeweler-Magazine-article. More-B.S.
"Zale also said that Zalemark is attempting to acquire the licensing rights to another “big brand,” this one based in New York City, but cannot provide any further details at this time."
Let Zalemark try to sell what they already have. No need to burden the company with more licensing agreements and minimum royalty payments. Zalemark and Steven Zale have proven that they can't sell jewelry. ZERO sales or revenue in the first three months of this year.
Steven Zale is an IDIOT. No more licenses...sell some Crayola and M&M jewelry. And put some tape over your mouth. Stop sending out press releases or news announcements.
Quit the business and get a real job at Walmart as a "greeter".
From-$1.40-to-sub-penny-in-five-years. $8 million-pissed-away. Leadership-leadership-leadership.-Inept-inept-inept.
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: ZMRK is INSOLVENT & they have NO-SALES. Yes, the low floaters can jump up or down quickly. But when the stock gets "pumped up" there are no buyers at the inflated PPS. That is why the stock ALWAYS drops. There isn't enough volume to make any serious money. That is why you and the other longs are losing money. The first quarter financial statement was exactly as I predicted. NO SALES and HUGE LOSSES.
The second quarter isn't going to be much different. The underwater desperate longs should stop drooling over the phony press releases. Not one of them ever came to fruition. All diversionary and misleading. And the charts mean nothing when you have an "ask slapper" that inflates the PPS with under a $10 purchase.
Pete: Low-floaters will-drop-quickly when there is no bid-support.
Sales-is-the-engine-that-drives-business. To-fuel-that-engine-you-need-great-people-to-design-and-sell-great-product.
As evidenced by the lack of sales and excuses that Steven Zale and now Raymond Ruiz are making, there are no great people at Zalemark.
The board (bored?) of directors should take a long hard look at the direction of Zalemark. The company has never been profitable. The truth about Steven Zale's criminal past only came to the surface late last year. Having no sales with Crayola or M&M jewelry is very telling. And the money has run out. What was it that they and other investors saw in "the inept Pied Piper"? They were blinded by greed. It was so obvious to me when I started reading the financial statements and press releases that Zalemark was a sham. No credibility in the leadership. Nobody questioned what Steven Zale was doing. He talked, and they listened and followed along.
I don't get it. Supposedly smart business people who blindly gave Steven Zale and Zalemark millions of dollars. Now those dollars are essentially worthless.
This is a classic con. Where is the money going now. Huge sums for Professional Fees. To who? And what for? And don't tell me to uplist the stock. Zalemark is insolvent and has no sales in the pipeline. Why spend money to uplist...spend the money to get sales.
And now we see Salaries and Wages show up on the last statement. Where did that come from? Everyone working was working for stock. Who received this huge sum of money? Again, for what reason? Zalemark had zero sales or revenue in the first three months of this year.
And nobody notices that the inventory drops by $133,000. Not understandable when there are no sales. But again the "sheep" don't ask questions. Does anyone ask how Steven Zale maintains his lifestyle without a source of income? All serious questions that should be answered.
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.
Zalemark Lays Out Strategic-Plan for Investor-Transparency. (As-usual-it-never-happened).
From a July 20, 2015 press release touting a FAQ's link on the Zalemark.com website. Of course I looked and nothing was there.
No "frequently asked questions" (FAQ) area at all. So here are my questions to the Zale team regarding the 1st quarter financial statement.
1. Please explain the huge dollars that went for Professional Fees? Who got what? And for what reason?
2. The same question above apples to Professional Fees. Who, what for and why?
3. And please explain why $133,000.00 is missing from inventory as of March 31, 2016.
4. Why did you post the financials with one crucial page missing?
We all know the inept Zalemark team won't be transparent enough to answer any questions. But this is my "wishful thinking".
Over-2,500-Hallmark-stores-and-none-of-them-purchased-Crayola-jewelry, and Hallmark owns Crayola. That is proof enough to know the collection was a failure. Zalemark, Steven Zale and his inept team had over one year to sell a Hallmark store and they couldn't. Not one out of more than 2,500 stores...Steven Zale is bleeding this company to death. Read the financial statements. Look at the exorbitant Professional Fees and now in the last quarter we see listed HUGE Salary and Wages. Who gets these payments. Are they friends of Steven Zale? How has Steven Zale been able to support himself all these years. What about the $130,000 plus in missing inventory from the first quarter financial statements. Where is the "transparency" that was bantered about last year?
Where-is-the-press-release-that-states-which-significant-retailer-will-be-carrying-the Crayola-or-M&M-jewelry-in-their-stores. Don't tell me about all the "interest and accolades" in the products. Show me an order (preferably from the Tier 1 accounts that Zalemark mentioned).
And I am not jumping up and down with excitement over the next press release (like some of the sheep do) unless it shows the convicted and imprisoned felon Steven Zale has been ousted from the company. And also let Zalemark explain why they surrendered their ability to do business in California but yet have their main office (with Super Bell) there. Also, I would like to see a press release stating they have funds to stay in business...anywhere, as they are insolvent.
BUT PLEASE TO SHUT ME UP, JUST SHOW ME AN ORDER FROM A MAJOR RETAILER THAT WAS INVOICED THIS PAST QUARTER OR WILL BE INVOICED IN THE FUTURE.
I am not patient. I am not a dreamer. But most assuredly, I am not an idiot.
From-a-June-17-2015 press-release. And-still-nothing-happened. Steven-Zale; all-talk...all-the-time. But-he-doesn't-deliver.
Zero sales in the first quarter of this year. No revenue at all. Only huge expenses and a loss of over $160,000.00. And the price per share continues to drop.
From a June 17, 2015 press release:
"Zalemark is currently in discussions with TV, brick and mortar, and fine department store distribution channels for the initial distribution of the new jewelry lines. Zalemark is also developing a TV marketing campaign for the Engelbert Humperdinck, “Harmony Collection” and for the jewelry line created by internationally renowned Brazilian designer, Monica Di Creddo for both TV and department store retailers.
About Zalemark Holding Company, Inc.- Zalemark Holding Company, Inc. is a publicly traded OTC company under the symbol, ZMRK. Zalemark is an award-winning jewelry product design, development, manufacturing and distribution company. Zalemark also operates stevenzale.com, Luxury Brands Group, Demeter® Brand, Divas Choice™ Brand, Dog Boxer Brand™, the Compralux Hispanic Shopping Network™, “The Harmony Collection” by Engelbert Humperdinck, and Brazilian Designer, Monica Di Creddo’s jewelry line in addition to the brand new Crayola Colors line it created. These brands are widely known for their, “Mark of Quality,” Zalemark’s well-established standards for high quality in design, manufacture and distribution throughout the jewelry industry."
As anyone can see there is NEVER anything good that happened in the past. Only wishful thinking about the future that never comes true.
Steven Zale is a con man. He puts out phony news announcements to inflate the dreadful condition of Zalemark. He has pissed away over $8,000,000.00 in stockholders equity. The company currently owes more than four times it's ability to pay it's current debts. Zalemark is insolvent. They have no revenue coming in. Only expenses going out.
Steven Zale spent three years in prison for dealing huge amounts of cocaine. He also plead guilty to embezzling close to $300,000.00 from his wife's employer. He has never had a successful business endeavor...always losing money. And yet, there are investors that still believe everything he or Zalemark says.
DJPB: Is there anything I have posted-than-can-be-refuted?
I know you have stated you talk to Steven Zale on occasion. Please give investors some insight to what is going on with Zalemark. Why did Ernest Martel quit?
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.
Last years press release after the JCK trade-show.
I love this sentence from the below press release:
"The brands were extremely well received, leading to an overwhelmingly positive line up of buyers and merchandisers eager to offer the new brands."
This was from last year after the trade show and still to this day in late June, 2016...there is no Crayola or M&M jewelry in any retail store.
Steven Zale is a con man...through and through. Nothing truthful ever emanates from him...only lies.
Zalemark Holding Company, Inc. introduced new, highly anticipated, and innovative brands at the Las Vegas JCK Show at the Mandalay Bay Convention Center on May 29th, 2015.
Los Angeles, CA- Zalemark Holding Company, Inc. (ZMRK) premiered its highly anticipated, new brands at the JCK Show in Las Vegas, which concluded June 1st. The Zalemark brands were exhibited in the exclusive Prestige Promenade section of the JCK Show at the Mandalay Bay Convention Center. In concert with the launch of the new brands, Zalemark held a successful, "Invitation Only” celebration in the 60th Floor Penthouse of the Mandalay Bay that attracted a large attendance of prospective buyers and jewelry industry VIPs. The brands were extremely well received, leading to an overwhelmingly positive line up of buyers and merchandisers eager to offer the new brands for purchase.
Zalemark’s CEO, Steven Zale states- "The premiere of one the world’s most recognized brands represented in the extensive, new jewelry line by Crayola®, was a labor of love, creativity, and commitment by the Zakemark design and production teams. The “I AM COLOR” brand slogan represented by the range of jewelry in the new line, from fashion to high end jewelry, presented by Crayola and Zalemark will attract a new clientele and new revenue streams for the new line's participating retailers.
The new Crayola Colors jewelry line, by one of the most trusted brands in the world and Zalemark, a trusted brand in the jewelry industry, combined all the elements to ensure major success for all involved. Discussions are proceeding quickly with a variety of outlets, including TV, fine department stores, and potential online distribution channels for the Crayola Colors line, as well as Zalemark's other successful lines, including the Engelbert Humperdinck, “Harmony Collection” and the Brazilian Monica Di Creddo line that is international in scope, all of which will be positioned for both TV and department store retailers in the U.S.
Why-didn't-Zalemark-announce (as he stated he would) the-new-celebrity-face-for-Demeter?
Steven Zale said they plan to roll out a new Demeter line at JCK Las Vegas and announce a new celebrity face for the brand (it previously was model Rachel Hunter.)
So who bought Demeter at JCK Las Vegas? No one!
Was there an announcement of the new "celebrity face" for Demeter? Again, NO!
Steven Zale and his "dream team" are dreamers. Wishful thinking and lies aren't sales and profits. I wish he would just go back under a rock so I wouldn't have to respond to his no talent inflated ego. Always bragging about what he is going to do in the future. And always leaving a trail of incompetence and destruction (including bankruptcies) behind him.
From a March 8, 2016 news release:
Steven Zale said they plan to roll out a new Demeter line at JCK Las Vegas and announce a new celebrity face for the brand (it previously was model Rachel Hunter.)
Mr. Ruiz, what-does-your-statement-mean? Zalemark-received "strong-interest"...but-no-actual-orders.
Explain; "will begin distribution arrangements immediately".
If you didn't get orders but only interest, then what arrangements for distribution are needed?
Mr. Ruiz, "strong interest" isn't an actual purchase order. Can you name a major retailer that showed "strong interest"? Of course you can't, otherwise you would have stated who that major retailer was.
This again, is just an example of the smoke and mirrors deception that Steven Zale and Zalemark use to disguise the fact that the Crayola and M&M jewelry didn't sell. Always bragging about how well they are doing but never delivering on what they say.
From the June 22, 2016 News Release:
Raymond Ruiz Zalemark’s CEO states,” We are excited the group effort has paid off. It has been a labor of love and belief in the brands. Zalemark will begin distribution arrangements immediately”.
Zalemark has already received strong interest from many independents and major chains for distribution of these two brands.
All B.S., but one little sheep and a couple of chartists will never question the obvious.
How about questioning the six figure missing inventory on the last statement.
How about questioning the outrageous Salary and Wages expense on the last statement. Who got this money?
How about questioning the enormous amounts of money for Professional Fees on the last statement. Who got the money?
The sheep don't ask questions...too baaaad.
DJPB: didn't-Steven-Zale-tell-you-last-year-that-the-"audited"-financials-were-going-to-be-done-in-the-3rd-quarter-2015?
What happened?
As-the-new-stockholder-letter-states; "the 'soft-launch' last-year...", in reality-the launch-fizzled. It was a hard launch that that went soft. Nothing new to Steven Zale. He still didn't deliver what he promised.
"Zalemark Signs-Agreement with Mars-Incorporated-for M & M Jewelry-Brand".
"will be hitting the stores soon"...it's been eleven months since this news announcement was released and still no M&M jewelry in stores. And no Crayola jewelry as well. Always delays and excuses.
LOS ANGELES, CA / ACCESSWIRE / July 30, 2015 / "The candy that melts in your mouth, not in your hands" will be hitting the stores soon as "Fashionable Sweet Memory Treasures." Zalemark Holding Company, Inc. (OTC: ZMRK) has completed a jewelry licensing agreement with Mars, Incorporated to design, market, and distribute the company's global brand mark, M & M's. Zalemark's beautiful M&M fashion jewelry will enhance the branding of M&Ms and create a whole new revenue stream for the brand and Zalemark. This global jewelry brand was previously tested in major department stores with positive sell through results and Zalemark intends to make it an achievement nationally. Steven Zale, Zalemark's CEO states, "This global brand is a nice parallel with our other global brand, Crayola(R) and well deserved for the accomplished Zalemark team and a great benefit for the shareholders. With the historical testing of this product line, we predict it will move into the market place swiftly. The upward momentum of Zalemark is on a rolling path as they continue to add well-known brands to its line-up."
Zalemark stated it-received-"Accolades" for-Crayola & M&M jewelry...but no-sales of merchandise was ever mentioned.
You can't take accolades to the bank.
I wish Zalemark would stop with the diffusion and smoke and mirrors.
With all the B.S. news announcements and outrageous press releases in the past, nobody should believe anything that comes from Zalemark. Ernest Martel was right when he disassociated himself from this company. I am sure he is sleeping better now.
Did any shareholders receive the Q2 2016 update-letter?
This is the letter to "esteemed" stockholders explaining the "slight delay" in the audit and registration for listing ZMRK on another exchange.
AND, the "great interest" that Crayola and M&M jewelry received at the JCK trade show in Las Vegas. Forget "future interest" in the two brands...how much business was written in Las Vegas at both the JCK show and the show prior at Caesars Palace. Show me the orders that were written not the rhetoric with smoke and mirrors that we have always heard. The first quarter of this year had no sales. ZERO!!! How much was sold in the second quarter? I heard the show was quite busy with other companies writing huge orders for the fall and holiday seasons. All the major jewelry retail chain stores were at JCK. So were all the department store buyers. And so were the TV shopping channels.
Oh, how we all have heard this before. Always a delay for some reason or another in both sales and uplisting. The little boy that cries "wolf" is still at it. But now with Raymond Ruiz signing the documents. As I have explained in recent posts...NOTHING that comes from Steven Zale, Raymond Ruiz and Zalemark has ever come to fruition. And now they want to take another trip to the orient to line up suppliers. I thought that was all being handled by Super Bell. This is just more of a waste of stockholders money.
Steven Zale promises everything but delivers nothing.
The old adage: "Under promise and over deliver", is just the opposite with Zalemark.
FINANCIAL FORECASTS
2015
Sales: $58,300,140
Net Profit: $24,194,694
(In actuality; no profit, only losses...again. And the measly few hundred thousand dollars in sales was heavily offset by bad debt write offs.)
2016
Sales: $119,654,940
Net Profit: $55,225,772
(In actuality, 1st Q; no profit, only losses again. Plus no sales at all in the first three months).
2017
Sales: $197,054,540
Net Profit: $95,205,114
In conclusion; the braggadocios, inept Steven Zale and his team are total losers. How anyone could associate themselves or invest in this company led by the drug dealing felon who also plead guilty for embezzlement, at another time, totally escapes me. Everything Steven Zale says is misleading and only stated to get investors to give him money.
Whatever happened with: Englebert-Humperdinck? Monica-Di-Creddo? Infinite-Love by-the-Morgans?
I'll tell you. It's the same thing that happened with Demeter, Seventeen Jewelry, Badgley and Mischka, Divas Choice, Dog Boxer, Paris Blues, B Smith, the opening of 50 stores with Windsor Diamonds, Bejar Beauty products, Compralux(TM), PoshTV, LuxTV and soooo many others...either nothing happens or Zalemark lost money on these brands/concepts/ideas. And that now includes Crayola and M&M's.
It's the same "old thing". Always a news announcement or press release stating something of worth or value was going to happen. But it's like opening a bad bottle of expensive champagne. The bottle may look good on first inspection but when you open it there is no "pop" or "fizzle". And it stinks.
March 2, 2016: one of the "touters" posted-this-misinformation:
"$ZMRK major news with big distribution will be in place from what I heard on rumors around"
The desperate underwater longs will post anything to try and get the PPS higher. The "cry wolf" investors love spreading FALSE rumors.
I understand the rational. When your DD has failed you, then try to recoup your losses by spreading false rumors in the hopes that somebody bites and the PPS will skyrocket. But in the ten months I have been here I haven't seen it happen (although they have tried) and the PPS has DROPPED over 80% of its value. And the value of Zalemark continues to hover around its lows. Despite the "ask slapper's" efforts.
Desperate underwater investors do desperate things.
Meanwhile there is no Crayola jewelry in any stores. No M&M jewelry in any stores. No Zalemark jewelry in any stores. And the losses continue to mount.
Promised Roll-out: 3rd-quarter-2015, then Oct-Nov-Dec-Jan-Feb-Mar-April-May-June. Where's-the-beef-(jewelry)?
Anyone hear of the little boy who cried wolf?
(No offense intended to little boys or wolves.)
I wish the under water longs would post some facts and not just wishful thinking with their hopes and dreams.
Has anyone considered why Crayola wasn't licensed by a fine jewelry company in the past. Maybe because all the big players didn't think the brand would work for fine jewelry. But then Steven Zale / Zalemark comes along and gives Crayola money and promises. And then the big stud Steven Zale does what he always does...he can't perform. He can't even get his stock to rise. This has got to be messing with his head.
Always excuses and delays. Zalemark and Mr. Zale need the little blue pill.
Zalemark buried themselves with their B.S. "News-Announcements" and "Press-Releases".
They have "lied" to their investors so many times that it finally caught up to them. NOTHING EVER MATERIALIZED. Their credibility is gone.
Zalemark makes promises that they know can't be met. And they got many investors to believe it. A few still do. But most have disappeared. There can't be any long term interest in a jewelry company that doesn't sell any jewelry. Sales is the grease that keeps the wheels from squeaking. No sales equates to no profits...only continued losses. This is a rusted out company that is ready for the scrap heap.
Steven Zale needed the PPS to rise dramatically. His plan was to get the Crayola and M&M licenses and make a sales forecast of $50 plus million in 2015. Net profits were to be around $25 million. Business people and accountants know that these numbers are absurd. But Steven Zale was hoping some sucker investors would buy into it. Many did. And he has stockholders and stakeholders that have individually given him over $1,000,000 each. Numerous investors did that hoping for huge gains. Read the financial statements. Over $8,000,000 in negative retained earnings and net losses. Where did that money go?
The PPS for ZMRK is not heading north as some naive investors think.
Sales are the driving force for a company supposedly selling to Tier 1 retailers. They haven't sold jack-$&@? to anyone. And Zalemark doesn't tell you anything...it's always from a wishful thinking naive investor that also doesn't know jack.
There will be no audit. There will be no uplisting and there will be no stock for funding from Kodiak. The stock price can't support the funding. And the surrender to the California Secretary of State, to give up doing business in California. Clearly not a good sign.
Incompetent, inept and grossly stupid leadership. That was so evident when I got here in August of last year. I read over all the financial statements...they had GIANT red flags everywhere. I read all the news announcements and press releases, and I couldn't find anything that led to positive results. But yet, all the "touters" had their heads buried in the sand or as I surmised, one chartist touter was getting paid in stock or cash.
Zalemark is INSOLVENT.
More B.S. from Zalemark. 2015 Financial Projections:
From-a-2015-mid-year-press-release.
Projected Sales: $58,300,140.00.
Projected Net Profit: $24,194,694.00.
If you read the 2015 annual financial report you would see that between Net Profit (which was a loss) and the negative Retained Earnings, Zalemark is UNDERWATER by OVER $8,000,000.
BUT the ex felon Steven Zale can write anything he wants in a press release and some stupid investors will believe it.
Zalemark has been touting transparency for ages. Telling investors about getting their financial statements audited. That hasn't happened yet and won't happen. And you can't "uplist" without the statements being audited. And you can't get Kodiak funding without audited statements, and other critical documents have to be filed with the SEC.
What really amazes me is the sheep that would look at a press release touting sales numbers that are ridiculously absurd and post back "great news".
Zale has HUGE, and ever increasing debt, and still no sales. I say BANKRUPTCY is very eminent.
Whatever happened with: Compralux, PoshTV and LuxTV? Out-of-business?
Didn't one or more of these entities go bankrupt?
Steven Zale has pissed away over $8,000,000 with his failed concepts.
But there still are a few sheep that believe everything he says.
And still no Crayola or M&M jewelry in any stores.
My prediction from January 5, 2016 came true:
"Gloom and Doom for 2016, same as 2015.
Sales: there are no sales of any significance to make any profits. Without a major advertising promotion nothing new sells. Zalemark has no funding or retail support to entice consumers to buy Crayola jewelry. Wishful thinking just doesn't make it happen."
And what happened: In the first three months of this year, January, February and March, there were ZERO SALES. And a $163,000 LOSS.
Desperate Underwater Longs: Do you still believe-everything-Zalemark-says?
And I found these relevant posts as well:
Wednesday, 1/20/16, 11:29:40am
Post 6547
fact-checker 40 AM
Re: DJPB1984 post# 6545
Post # of 7817
Was "advised" of-a Valentines-Day launch. What a crock.
Investors were "assured" of a Q3 2015 Crayola launch. But only silence from Zalemark when it didn't happen. Then Q3 was extended by desperate longs not Zalemark to October. That didn't happen either. Then for sure in November. That didn't happen. And still SILENCE from Zalemark. And then absolutely Crayola would be in stores for Christmas. Well that didn't happen either. So again only silence from Zalemark but the naive desperate longs said postponed to January. And now they are saying Valentines Day.
Again nothing from Zalemark or the convicted felon Steven Zale only from the investors that bought high and are desperate to get this train wreck of a stock to increase the PPS.
Steven Zale and these "wishful thinkers" have cried wolf way to often.
Wednesday 1/20/16 11:07:55am: Post 6545
DJPB1984 Wedne55 AM
Re: Betchips post# 6542
Post # of 7817
Nice to see you still here Betchips. Looking good for Feb launch. Sent you an email about a week and a half ago from company. Was advised launch is supposed to be out to capitalize on Valentines Day sales.
DJPB: While waiting for your answer I-found-these-posts:
You are about to-read "wishful-thinking" posts-from-a "sheep". None-of-it-came-true.
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 a desperate investor that has lost huge amounts of money and is still touting Zalemark as the next big thing. I really hope this investor keeps buying in as the stock hits new lows.
There has not been one wishful thinking post that has come true.
But we finally learned in 2015 that the convicted felon, Steven Zale, was incarcerated for three years in prison for dealing huge amounts of cocaine. After all the denials...the truth unfolded. That was a fact. And lest we forget: Steven Zale also plead GUILTY to the embezzlement charges that he was arrested for.
The acid-test ratio is a-strong-indicator-of-whether-a-firm-has-sufficient-short-term-assets-to-cover-its-immediate-liabilities.
Zalemark owes more than four times it's ability to pay it's debts,
Commonly known as the quick ratio, this metric is more robust than the current ratio, also known as the working capital ratio, since it ignores illiquid assets such as inventory. (Zalemark states it's inventory at under $15,000.)
BREAKING DOWN 'Acid-Test Ratio'
Companies with an acid-test ratio of less than 1 do not have the liquid assets to pay their current liabilities and should be treated with caution. If the acid-test ratio is much lower than the current ratio, it means that current assets are highly dependent on the liquidity of it's inventory. (Zalemark states it's inventory to be under $15,000.)
First quarter financials. Zalemark is INSOLVENT. Link listed-below.
There is no ability to pay anyone. That is why Steven Zale conned Super Bell to take them in. Steven Zale gave the owner of Super Bell 1,000,000 restricted shares of stock at 2 cents per share. In return Zalemark got a new home and a booth at the Las Vegas trade show. But they didn't write any orders. Did anyone notice the wording in the recent press release by Raymond Ruiz? Both major retailers along with independent retailers "showed interest" in both M&M's and Crayola jewelry. Well, you can't take "interest" to the bank. While all other trade show attendees took home orders...Zalemark took home "interest".
Zalemark's glass is neither half full or half empty...it's completely empty.
1st Quarter 2016:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115