Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
DJPB: well-over 20 news-announcements and press-releases that-never-came-to-fruition-in-the past-few-years.
But you get excited over any new PR coming from Zalemark...why? What is it I am not understanding?
Also-obvious: Zalemark-has-no-integrity. Therefore-no-one is interested in this company. As evidenced by the lack of trading volume.
Also-obvious: No Crayola or M&M jewelry in any-stores.
Mick: thank you for posting the obvious.
If smart investors thought ZMRK was deserving-of-their-money-the-volume-and-PPS-would-be-soaring. The stock market is like water. It finds it own level. There is no integrity to ANYTHING that comes from Steven Zale, Raymond Ruiz and Zalemark. You can't trust what they say. They are always "crying wolf".
DJPB: "strong interest" doesn't equate to sales. Don't-be-fooled-again.
This is a press release or news announcement from Zalemark. All past releases and announcements from Zalemark have proven to be false.
Investors should be questioning and dissecting everything this company says and does. They should take their blinders off.
And why aren't investors questioning all the inconsistencies on the financial statements?
How-can-any-sheep-keep-believing the B.S. press-releases-and-news-announcements-of-ZMRK-is-beyond-belief.
Zalemark sells shares of stock. Certainly not jewelry. Not one piece of Crayola jewelry is in stores. Zalemark has had the Crayola license SINCE 2014. They have had ample opportunities to make a sale. They haven't. They haven't made a sale of any M&M jewelry either. But some people will choose to ignore facts and keep hoping (with their wishful thinking) that Zalemark and Steven Zale can walk on water. They can't.
Past-performance-is-a-great-indicator of one's ability to-succeed-in future-endeavors.
Zalemark and Steven Zale have had no successful endeavors in the past.
Zalemark is out of money. They don't have any ability to pay their debts. The produce pumped up press releases and news announcements that look like the writer was on steroids. Every day ZMRK stays in business costs the stockholders money.
Read the last financial statement.
1st Quarter 2016:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115
The magic of Steven-Zale. He turns diamonds-into-coal.
The sheep can't think. They are so underwater that they hope anything the con man says will get the PPS to rise. One sheep in particular is so locked into Steven Zale that his critical thinking skills have vanished. Every news announce is "great news". Every press release is "great news". But never has a press release or news announcement ever come true. All misdirection, blatant lies and more B.S. from Steven Zale. The interest in Zalemark is only to find out when they file for bankruptcy. There is no going forward. They had a horrible showing in Las Vegas. No major retailer placed an order. Raymond Ruiz lies when he tells you he had a great show. How much business was written by Crayola or M&M's? But the sheep are wishful thinkers. There is no integrity to Steven Zale or Zalemark...nothing they have ever released as a news announce or press release has come to fruition. Remember ZERO SALES in the first three months of this year. Nothing shipped. No revenue. A $163,000 loss in the quarter. Over $8,000,000 underwater. Missing inventory. Huge salaries and wages. Huge payouts for professional fees. But then again, one particular sheep would think that is "great news". I think it's "baaaad" news.
The Desperate Underwater Longs are in DENIAL. They believe everything that comes from Zalemark and Steven Zale. Even after all the posts here on this board showing that NOTHING has ever come true. They are sheep following the wolf.
June 23, 2014 News Announcement. Can-an INSOLVENT Zalemark-do-this?
Only in Steven Zale's incompetent, bizarre and egotistical mind. What really amazes me is that almost nobody does any real due diligence on Zalemark or Steven Zale. Steven Zale has NEVER had a successful endeavor in anything he touched. He has left a trail of closed businesses and bankruptcies and has failed to pay loans and financial obligations. He touts his "wishful thinking" like it is fact. And his "sheep" believers just follow behind believing everything the "wolf" says...never even thinking of asking questions. And as always, the PPS keeps dropping to new lows every year.
THIS IS THE NEWS ANNOUNCEMENT:
"Zalemark is backing a new venture that aims to turn Folsom, Calif.–based Windsor Diamonds into a 50-store chain within five years.
The envisioned new chain will comprise Windsor Diamonds stores as well as Windsor Diamonds Outlets, with a focus on the outlets, says Steven Zale, chairman emeritus and founder of Zalemark Holding Co., a publicly held Los Angeles–based jewelry company.
The first new stores will spring up near the 11-year-old Windsor store in Folsom. From there the chain should expand throughout Northern and Southern California, Zale says. Other markets being eyed are Arizona, Utah, and Nevada.
The immediate aim is to have clusters of five stores in 10 markets. Establishing the clusters will let the company split marketing costs locally, explains Zale.
Windsor Diamonds CEO Joe Purnell is heading the new company, which hopes to have five new stores by the end of this year and five to 10 more by the end of next. The stores will all have a bridal focus and target upscale consumers, he says. (BTW: Of course, not one new store was added. Just more B.S. from Steven Zale. But the chart guys and the sheep are still believers.)
The company is also seeking local partners who will manage the stores in the area and receive a percentage of sales.
“If we hire a manager for an area who is very skilled and knows that demographic, we will give them a piece of the action,” Zale says. “So we will be able to keep them, and they will have skin in the game.”
As to what will set the new chain apart, Purnell says that the chain wants smaller-square-footage stores that will “be aggressive on pricing and aggressive on marketing.”
The chain is also working on a major “celebrity endorsement,” Zale says.
“She is such a high-profile celebrity, that we are going to bring her to some of these smaller communities, and it will cause a lot of excitement,” he adds.
Purnell tells JCK the venture is open to acquiring stores and may team up with vendors to set up joint manufacturing operations.
Part of the impetus for the new chain is the ongoing consolidation in the industry, such as recent purchases by Signet Jewelers.
“We believe that, with Signet dominating the industry, it will want to dictate to people,” he says. “So we believe there will be quite a few vendors that will be interested in doing business with us.”
----------------------------
This is just another absurd example of Steven Zale's claims of how he can reshape the jewelry retail business.
I just don't understand why the so called "Chartists" keep posting the old PR and News Announcements, but somehow missed this one.
Companies that are INSOLVENT file for BANKRUPTCY, not-up-listing.
Mick: I have posted the links here:
1st Quarter 2016:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115
4th Quarter & Annual Report 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=151588
3rd Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=147063
2nd Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=143228
1st Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=138237
Mick: It's been-over-six-months-since-they-signed-that-agreement-and-nothing-has-happened. Just like all the other B.S. press releases and news announcements. And, by the way, a company that is insolvent can't be up-listed.
Read the financial statements. Let me know if you have questions and I'll help explain them.
Mick: It's-all-old-"irrelevant"-news. The-current-news-is-ZMRK-is-insolvent. Read-the-financials.
1st Quarter 2016:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115
4th Quarter & Annual Report 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=151588
3rd Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=147063
2nd Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=143228
1st Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=138237
DJPB: Here-are-other-press-releases or-news-announcements-that-never brought-ZMRK-sales-or-revenue:
A licensing agreement with Dog Boxer.
Zalemark signs agreement with Body Balance.
Zalemark signs agreement with Modern Wellness Living.
Or this one: Zalemark signs sale distribution agreement with the famous Hispanic icon Margarita O'Farrill Skin Essentials.
Also: Zalemark's Hispanic Home Shopping Network, Compralux(TM), aligns with MercadoMagico to increase sales.
There are many more Zalemark and Steven Zale press releases and news announcements that touted how great this company was. But as everyone can see NOTHING ever came to fruition or made money for Zalemark and the investors.
So explain to me, why would anyone want to invest in Zalemark?
DJPB: Do-you-read-the-financial-statements? Why-don't-you-question-all-the "red-flags"? Missing inventory, salary and wages, professional fees, missing a complete page in the latest quarterly statement, what about the account receivables amount that remained the exact same number from the previous statement. Or, how much of Zalemark's accounts receivables were written off as "bad debt". Who did they sell merchandise to that they couldn't collect the monies due. They could have "cooked the books" to show sales...and in another financial report Zalemark writes it off as bad debt. The investors should have an oversight committee to investigate.
Don't question my motives (they are pure), question Zalemark and the Inept Felon Steven Zale.
Or: The "On The Move" PR-in-very-late-2014-stating-ZMRK-was-moving-in-2015-to-Nevada. Didn't-happen.
DJPB: Press-releases-on "The Morgans" and "Englebert Humperdinck". Again-nothing-happened.
Does anyone remember the "transparency" press release from-last-year.
Zalemark was to have a FAQ area on their web site to explain all the misinformation that was being posted in chat rooms. That never happened either.
Why oh why do the sheep keep following the wolf? I guess they like to be fleeced.
The only thing that-you-can-believe-is-that Steven Zale will-bankrupt-Zalemark.
He is cursed with the "reverse Midas touch".
MORE B.S: SIZZLING HOT BRAZILIAN-DESIGNS-HIT-THE-MARKET-AT-JCK.
That was from last years Las Vegas trade show. NO SIZZLE...ONLY SMOKE.
Zalemark will debut the handcrafted artistry of Brazilian Jewelry Designer Monica Di Creddo USA at the Las Vegas JCK Show May 29 through June 1, 2015. Zalemark will present the collection to the industry for the first time in the Prestige Promenade Booth 69 at JCK Las Vegas. Vintage style and elegance are the foundation of Monica Di Creddo designs.
Monica Di Creddo states “I am excited about collaborating with Zalemark and launching my designs in the United States.” She describes the inspiration for her new line, "I searched for a young, free and irreverent woman. A woman who is both delicate and strong at the same time. I found LouLou, Ives Saint Laurent's muse. LouLou de La Falaise was the breath of irreverence that inspired my 2015 Autumn/Winter Collection.”
Zalemark’s CEO, Steven Zale welcomes Monica Di Creddo’s Collection to the Zalemark brands with passion and enthusiasm. “Monica brings a style to the US that exhilarates the jewelry fashion market in a way I haven’t seen in the past decade. I look forward to sharing this amazing collection.
Wasn't-there-supposed-to-be-a-celebrity-endorsement-person-at-the LV trade show?
What happened with that. I'll tell you what happened: The Inept One couldn't come up with the buck$. The celebrity didn't want stock. And who can blame her. Just more B.S. from The Felon.
Desperate-Underwater-Longs (DUL) never-did-proper DD. If-they-did, they-wouldn't-be-desperate-and-underwater.
All their hopes are based on wishful thinking. Wishful thing won't make the stock price go up. Sales and profits will. Zalemark has never had a profitable year. In fact, the first quarter of this year had no sales or revenue at all. And a loss of over $163,000. The Zalemark financial statement had many questionable items. But the DUL would never think of asking hard questions. They believe everything and anything that Steven Zale, the CONVICTED FELON who also PLEAD GUILTY to an embezzlement charge, says.
It's over for Zalemark. The company is insolvent. There is no chance for survival. And wishful thinking won't change it.
Pete: They didn't write any major store orders.
I am not sure if Zalemark wrote any orders with any small stores as well.
Prove me wrong.
Mick: You're right. "So ready" to file bankruptcy.
DJPB: Why do you still-believe the Zalemark PR?
What am I missing? Is there something tangible that you can show readers of this board?
That would be most helpful. Thanks, and have a great weekend.
The problem with charting ZMRK is NO VOLUME.
Because of the light trading volume, this gives an "Ask Slapper" the abilility to jump the PPS higher on 100 to 1,000 shares (for ten dollars of less). Then the underwater desperate Chartists start drooling over themselves posting it's "a green day". If you buy in at the inflated price, when you go to sell you will find out the high price doesn't have support (buyers). The price inevitably falls lower.
Zalemark is in a desperate situation without the necessary monetary funding to move forward. They are insolvent and have no abilility to get themselves out of the mess the Inept Steven Zale got them into. His branding concept has NEVER worked. Look at all the past press releases: all the big names and companies Steven Zale has been involved with. Nothing positive ever happened. All failures. Steven Zale has left a trail of bankruptcy's and unpaid obligations. He himself is a failure in all respects.
Another-misleading Press-Release: "Revenue increase of 649.8%." The-facts-are:
Zalemark dumped inventory to get those sales.
Yes, the sales increased in the second quarter of 2015 from almost nothing; $18,923.08 to $142,375.80.
But the cost of goods for those sales was pretty much what they sold it for.
The merchandise cost for those sales amounted to $137,120.95...which Zalemark then sold for $142,375.80.
And the Total Assets on that same 2nd quarter 2015 financial statement DECLINED by close to $9,000,000.
Also, the net income declined by 97.73%. So just posting a misleading headline gets you to believe something positive is going on. It's blatant deception.
But what is even more relevant is the third quarter 2015 financials.
Assets declined by over $3,000,000.00.
Income DECREASED by over 800%.
The cost of the merchandise sold (cost of goods) was more than what they sold the merchandise for. So whatever they sold, they sold it at a loss.
The reason the desperate longs post this press release touting the 649.8% increase is that they are trying to put a positive spin on a company that has over $8,000,000 in NEGATIVE retained earnings. And those negative retained earnings have to increase as Zalemark still has not delivered any Crayola or M&M product.
Do your own DD. Read and understand the financial statements and ask questions.
The desperate underwater longs, along with Steven Zale continue to try and escalate the PPS with wishful thinking and B.S. press releases. I just wish that Zalemark would have put the effort into promoting the jewelry and not the stock. It's to late now. Overwhelmed and over burdened with strangling debt.
So the next time you see the 649.8% increase press release, hopefully now you will understand why they keep posting it.
Opportunity is Everywhere. Take Advantage by Opening an E*TRADE Account.
Did Zalemark have any success with Compralux(TM): NO!
Did Zalemark turn the iconic Crayola candy-brand-to-gold: NO!
Over one year and no jewelry in any stores
Did the Kodiak 1 million deal ever-happen: NO!
Did the much touted audit ever happen: NO!
Never a news announcement or press release that-came-true.
There are so many negatives with Zalemark.
Huge debt to the point that this company is insolvent.
No interest in the jewelry from retailers. Zero sales to any retailers.
The past criminal history of Steven Zale. In prison for three years for selling huge amounts of cocaine. In addition to the drug dealing he also pled guilty to embezzlement charges.
Total incompetent leadership starting with the inept pity seeking Zale and including the officers, sales and marketing people.
There is just no chance of survival. Anyone who believes there is, has got their head in the quicksand or is being paid either in stock or money to tout this stock.
DJPB: wishful-thinking and-PR-from ZMRK won't-make the-price-rise. Sales-&-profits-will-do-that.
The desperate underwater longs are still clinging to the hope that somehow the stock price will increase.
Logic and math will tell you that is impossible. Zalemark sells shares of stock...not jewelry. You can see that from their financial statements. They absolutely had no revenue in the first quarter of this year. Not a sale was made in January, February and March. Plus they owe four times their current payables than their current receivables. And they are over $8,000,000 underwater. They can't pay any suppliers or legal and accounting fees except with worthless stock. They lost over $160,000.00 in the first three months of this year.
But the desperate underwater shareholders are still clinging to the lies that come from Zalemark...why?
I post the truth...not wishful thinking.
DJPB: getting-sales-would-be "excellent-news". A PR from-ZMRK-has-no-importance. It-never-has. Nothing they say has ever come to fruition. The underwater desperate longs are always "captivated" by what ever the Inept Felon has to say. It's what Zalemark doesn't say that has more importance.
How is Zalemark going to stay in business without money to pay bills. The stock is worthless. Try and sell a huge amount of stock and the price drops sharply.
Pete: Zalemark-has ALWAYS been-releasing B.S. PR. Nothing-EVER-happens.
Zalemark hasn't delivered one piece of Crayola or M&M jewelry in over a year.
Name a major retailer that bought either brand. All the top jewelry retailers, department stores, TV shopping channels, etc. were at this Las Vegas trade show placing orders with legitimate jewelry vendors. Did we see one picture of a major buyer with The Inept Steven Zale? No!!!
Oh please, tell us who placed an order. Don't give us "wishful thinking" again, based on a press release coming out of Zalemark. Nothing Zalemark has ever said has come to fruition.
Name a major retailer that placed an order with Zalemark. Simple as that.
DILUTION: In-a-little-over-three-years the-"float"-has-increased-from 19,640,807 to 30,323,847. And the Total Shares Outstanding went from 46,554,027 to 85,980,272. In addition the Total Shares Authorized doubled. From 75,000,000 to 150,000,000.
In summary:
The float increased over 50%.
Total Shares Outstanding increased 85%.
Total Shares Authorized increased 100%.
All being done as the PPS CONTINUED TO DROP, AND Zalemark racking up HUGE LOSSES each year.
The big concern is the 40 plus million shares that have increased in Total Shares Outstanding. Most of those shares were "restricted stock". Those shares will be added to the float. A 125% increase in the float will cause serious dilution. The restrictions have to be coming off soon, or have come off and have just not been reported properly. This will cause the price to drop at least in half.
Also, there is approximately 64 million shares in the Zalemark "kitty". Remember last year when The Felon had the secret board meeting and doubled the amount of the authorized shares. The convicted felon needed to do that. Those shares are for making payments to lenders, accountants, lawyers, suppliers, the sweat equity people, the Inept Felon himself (and his wife...read those financials) etc. etc....which means further dilution of the share price.
This is real DD. Not wishful thinking hoping the stock price will rise as posted by some desperate underwater investors. These are hard cold facts.
I keep stating Zalemark is out of money...they are INSOLVENT.
Show my posts and the Zalemark financial statements to your accountants. Do your own due diligence before buying or holding onto Zalemark.
Low-floaters-drop-fast-with-selling-pressure. Can-you-imagine-when-a-desperate underwater sheep wants to sell a huge chunk of stock. There is no significant buyers for Zalemark. The price will drop like the anchor of the Titanic.
You can believe me or the underwater chart guys. They have been touting "buy" since I got here with the PPS at $0.04 in August of last year.
Zalemark is INSOLVENT. Don't get your hopes up. Read the financial statements.
1st Quarter 2016:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115
4th Quarter & Annual Report 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=151588
3rd Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=147063
2nd Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=143228
1st Quarter 2015:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=138237
Results from Las-Vegas trade shows??? No-news is bad-news.
The shows have been over for over week. The Inept Felon would usually let the stockholders know something if it was good news. But if you remember from last year it was all silence from the the Zalemark team. The reason for that is the promised retail launch never occurred. Even to today, you can't find one store that purchased any Crayola or M&M jewelry. But the desperate underwater long "sheep" won't question the felon. They like the fleecing. Especially now that summer is almost officially upon us. So in over one year...with three trade shows, still nothing has been sold.