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I am still waiting for the big announcement that was to be press released this month. In fact if you look back to the early days of this month there were supposed to be quite a few announcements of major significance. Does anyone have an idea of what they were. I remember seeing stuff like a big contract to be announced. Another was "major funding" that was to be announced. And another announcement/press release was to be about the audited financials and uplisting. Haven't heard a thing. Possibly the convicted felon Steven Zale, who was arrested for dealing cocaine and embezzlement (quite a few years back) is to busy or distracted to work on something that would be quite relevant for Zalemark.
That ring wasn't designed by Zale, he copied it from a European jewelry designer's catalog that was from 2012 or 2013. And then tried to pass it off as something he created himself for the Crayola collection.
The Crayola jewelry collection is not fashion relevant. You can say and believe what you want. But I know
NO major retailer has placed an order. You longs will hold on to the thinnest thread hoping and possibly praying that I am wrong. The jewelry shown here is embarrassing for the Crayola brand. It's old and tired...and grossly overpriced. So now you longs are posting "delays can happen". Sorry, but this is the major leagues where the retailers will crucify you when you don't deliver on time. Each purchase order that a major retailer writes is a bonafide contract with penalties for late or non deliveries. As Mr. Macy always stressed to his merchants "you can't sell what you don't have in stock". All store departments have a business plan that relies on each vendor to ship quality goods on time. A buyer's yearly bonus depends on three things.
1. Increased sales over the prior year.
2. Profitability. Did they achieve the require profit margins?
3. And how well they managed their inventory levels.
You can't screw up their bonus money. The only way you can circumvent not getting thrown out is to give them the profit dollars they lost.
Please...NO EXCUSES!!! No retailer will put up with excuses. And if you miss delivery on an advertised item...you're dead.
So I don't want to hear what you guys "think"...YOUR opinions mean nothing. I've been in big retail...I KNOW.
There is no Zalemark jewelry in any stores. You are not comprehending what I-Glow is stating. It's really very simple. Forget Crayola for a minute as that is what you are caught up on. He is stating "any jewelry" that is under the Zalemark umbrella. Any jewelry means:
Infinity Love by the Morgans
Englebert Humperdink...which is how Zale spelled this persons name in the big promo press release. Steven Zale's designs and sales are as good as his spelling.
It's Engelbert Humperdinck!!! Look at the sticky above; he got it correct here but in other promo materials it was spelled wrong. Sloppy work.
Patricia Rose
Demeter
Divas Choice
Runway925
Dog Boxer
The Brazilian lady's jewelry that he says he showed in Las Vegas.
Bejar
Tell me where the brilliant Mr. Zale is selling his own brand of jewelry.
Read the press releases and you will get more names.
WHERE IS ANY OF THIS JEWELRY BEING SOLD!!!
We KNOW Crayola jewelry is not in stores because you have repeatedly stated the launch of the collection will be in showcases later this month. Which in my opinion will never happen as the designs being shown are old, too plain in many cases and grossly overpriced. What retailer would give case space to this collection is beyond my comprehension. And the kicker is, why would anyone want to be associated with a convicted felon who has been busted for dealing cocaine and arrested along with his wife for embezzlement.
I choose not to believe anything that Zalemark says. Nothing they have said in the past would indicate anything positive in the future. Meanwhile I can't keep going back and forth with you as its close to 1:30 in the morning in my time zone and I'm falling asleep while typing this into my phone. I really think you have been scammed.
If news was coming you would see activity in the stock. ZaleMark has been dormant. No new investors care about the stock. Too much heavy baggage weighing it down. And if there was great news coming you longs would be putting more bucks in.
Why do you question what I am hearing? Did you back up your post with any facts? NO!!! Here is what you posted:
"From what I am hearing it could be anytime now that the PR's should start rolling out about the retail distribution. Very excited for the very short term success of $ZMRK!"
If you said you heard that then I can't ask you to prove that. I don't think you are trying to be deceitful. You're just hearing things and telling us what you heard. Well I hear things too. And I told you what I heard.
Wow!!! That is what you're hearing. Cause I'm hearing it's not going to happen at all. And what I'm hearing is Steven Zale is trying to distance himself from the company as his high polished image is rapidly tarnishing and actually his association with the company is quite detrimental. And, I am also hearing his recent investors are very displeased that Zale didn't get them the business he told them he would. I am hearing that Mr. Zale is trying to placate those Investers by telling them he will get a new investor (or investors) to get them their money back. But the problem is that Steven Zale really believed he could pump the stock up and do that. But with no sales to his Tier 1 retailers and promised payments coming due he is desparetly trying to get someone to take at least 50 million of the new shares at a deep discount. But what I am also hearing is there is just no interest. And I am also hearing that the "employees" are tired of getting stock (instead of a salary) at inflated prices compared to the real market value of those shares. Nobody is happy with Mr. Zale. Although you longs seem to fine with the way things are moving along and are still ever hopeful...that's what I am hearing.
I'll refresh your memory with this quote from earlier this month.
"Big funding coming for the huge contract they got. That's what it is all about
Go $ZMRK"
Around that same time we were also told: big news coming in 1 to 2 weeks. Well, I believe those one to two weeks came and went. Does that sound familiar? Do you want me to list a few more quotes from earlier this month.
Very early this month we were told that funds were coming in for the big contract that Zalemark was getting...and that a press release was coming soon. Somehow that never materialized. But then again I haven't seen anything of value ever materialize. Just press releases to keep the longs from jumping ship. But somehow I can't find any of the Zalemark brands in any stores. So is it shares of stock they are selling or jewelry?
The longs are putting too much hope on this stinky pinky. I am surprised that they would had thought the 58 mil sales projection was legit and that getting a 24mil after tax profit was normal. But then again I must be the idiot for doubting this and they are brilliant for believing it.
Another possibility is: Crayola & M&M's found out about Steven Zale's past history and decided that they don't want to be associated with Zalemark. That is an unfounded guess by me, but it is plausible. You can add that to the many reasons Zalemark has not listed any retail stores they are selling to. You can't deny that possibility. But in the meantime, October is "ticking away" and still no news.
FACT can certainly come from Deductive Reasoning. Zalemark has given you all the clues but still you don't allow any doubt whatsoever. I am not going by wishful thinking. You keep saying you are comfortable with your DD and again I will ask; what DD do you see that I am missing? I have looked at their financials, have gone over their targeted retail store accounts, analyzed their revenue projections along with their projected after tax profits and have read every post that was ever posted on this board from inception, read all available press releases, Googled all the directors and officers and have asked serious questions. Please don't take this as a personal attack...it isn't. Just tell me what have I missed that makes you such a strong believer that "anything" is just around the corner.
FACT: No Update Since Vegas, Almost Four Months.
This is absurd. No legitimate jewelry sales company would be holding back that information. If you really sold Macy's or any other major retailer than you would subtlety let their competitors know that...so the unsold retailer would have to think "mmm...what I am missing here". That is called "Sales 101"; let a potential customer think their competition got the jump on them. You have to create the demand. So if they really had an order or have recently shipped the jewelry out, then that information would be out in the "market". You wouldn't want to hold it back. Zalemark knows that. That is why they issue pumping press releases. It's all "marketing hype". But as I-Glow aptly pointed out, Zalemark spends it's time and stock (because they have no money) on selling shares, not jewelry. The loyal faithful followers are hanging on to a dream...only to wake up on November 1st and find out it was a nightmare.
MAJOR DELAY IS FROM NOT GETTING ANY ORDERS!!!
Zalemark did not get their Fall/Holiday projected orders. That is obvious. So when October closes out (and it's coming shortly) and Zalemark hasn't shipped anything...what are the longs going to say then? What excuse is there that can justify not fulfilling those idiotic projections. First it is was supposed to be the third quarter then it became October. I really hope they give up on November 1st and surrender already.
And by the way; where are they shipping from? Certainly not from the phony "mailbox" office space, where they have surrendered their rights to do business from.
The longs (that are investors/traders and not Zalemark/Steven Zale puppets) have had every opportunity to get out. Greed and a narcissistic belief in themselves that they are so much smarter than what is obvious has kept them in. They should open their eyes and see what is happening. Go to the library and read a book on "Retail 101". People just have no idea of what it takes to run a manufacturing or wholesale business...and especially they have no idea of the stringent requirements in selling to those Tier 1 accounts. Zalemark is not equipped to distribute to anyone of those major retailers. Big retailers aren't going to tie up their dollars (especially at Christmas, where they generate 40% of their yearly jewelry sales revenue from mid November through the end of the year) to an untested vendor. It just won't happen. And now that Steven Zale's horrific past criminal activities have come to light, who would want to be associated with him. Crayola and M&M's did a poor job of vetting both Zalemark and Steven Zale. Their association can't last long as it will reflect poorly on both those brands.
What would make me happy is a press release, phone calls and letters to the many "parenting magazines" showing the association of Crayola and M&M's with convicted felon Steven Zale and his arrests for dealing cocaine, embezzlement and for being in possession of a gun while being a convicted felon. Let me see if I can make that happen. Then we will see what is really relevant.
QUICKSAND not rock when news doesn't hit.
Does Zalemark host an annual stockholders meeting? I would fly in for that.
What is the document stickied here showing pictures of jewelry and a grid with columns describing the pictured items? I believe the purpose of a document like this is to make you think that ZMRK has either purchased or maybe sold 6 units of each style. But I see something that only an astute retail person would know and understand. No one with a retail or wholesale background would label a column as "SKU" like it means units. SKU is not a describer of quantity. But in this case somebody trying to "doctor" up a document has used a term thinking it has a good retail visual but they have no understanding that an industry professional would be reading this. SKU is NOT a quantity measurement. It's a number that is assigned to a product to descriptively identify that specific item along with the price and manufacturer. SKU = STOCK KEEPING UNIT. It would never be a single digit number but multi digits. So this worthless "doctored" blowing smoke document means nothing. Again, as always, I ask; show me a bonafide purchase order from a Tier 1 mentioned retailer. Show me how Zalemark plans to achieve their 2015 projected sales forecast of over $53 million dollars. What excuse do you have ready when October has come and gone and Zalemark hasn't given his loyal faithful followers what they expected? When does the wishful thinking end and the good business sense click in? Read the tag line to I-Glow's posts as it states; it's easier to fool someone than to convince them that they have been fooled. Then read it again.
It only took seventeen minutes to slap the ask with a 1000 share under $20 purchase to inflate the price once again. Seventeen minutes after I posted it would happen.
The Crayola Jewellery is an embarrassment to the brand. I had given a "Retail 101" example of what it takes to get a percentage of market share in a highly competitive environment in a post a while back. What compelling reasons would a retail store want in purchasing Crayola products? A few of those examples were great designs along with great prices. Those weren't the only reasons but I will touch on those two points here. The product shown in the stickys is not innovative nor is it priced to sell. Look at who Macy's, Bloomingdales, Saks, Neimans and Nordstrom competes with. As I stated before I am not a jewelry expert but I am a comparison shopper (both in stocks and personal product purchases). Buyers of jewelry have many options aside from the above mentioned retailers. But a few catalogs that I have seen (especially Ross-Simons) have much better looking jewelry using better materials and for cheaper prices. I just saw an ad today showing a beautiful pair of 14k gold earrings that had genuine blue topaz center stones with genuine diamonds around it and the retail price was $400. This was from a very prestigious store in an exclusive neighborhood. Look at number 12 in the sticky and you will see a reddish color pair of earrings with no diamonds set in sterling silver for a retail price of $321. There is just no comparison. Of course there has been no sales information forthcoming from ZMRK, because in my expert opinion, there hasn't been a significant retailer that would place "open to buy" dollars in plain overpriced looking product that couldn't or shouldn't compete at retail. I-Glow is very astute when he states the model for this company is selling shares NOT jewelry.
Big drop, but a pumpster will "ask slap" later with a teeny tiny buy of under $20 just to get the closing price up so they make the "stupid" investors think the 20 is crossing the 50. It was done recently with a 100 share purchase. They should keep their grade school monthly milk money (that their Mommy has given them) and invest it somewhere else.
Zalemark won't release relevant information. Only non-relevant hype.
The JTV lawsuit is relevant.
Having no funding is relevant.
Operating of of a "mailbox" office is relevant.
Getting brand licenses is relevant.
Not getting any sales off those licenses is MORE relevant.
Inaccurate and misleading financial statements is relevant.
Losing money for years is relevant.
Surrendering their ability to do business in or out of California is extremely relevant.
Having a company led by a convicted felon who has been arrested for dealing cocaine and arrested for embezzlement is definitely relavent...no matter how long ago it was.
Wishful thinking boyed by hopes of a great financial return is NOT RELEVANT.
Don't show me packaging as it's not relevant.
Don't show me anything except a sale to a TIER 1 retailer. Opinions are not relevant. Getting sales, revenues and profits are really what's relevant.
Why is that so difficult for Zalemark to do? Could it be that they didn't get their anticipated sales of Crayola Jewellery...that would be extremely relevant.
You can't take "wishful thinking" to the bank but you can get money from investors that think they have done their DD.
Who cares about this wonderfully overscented press release. Where is the press release that states which one significant retailer will be carrying the Crayola Jewellery in their stores. Don't show me packaging drawings. 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 that will explain the "positive material changes" at Zalemark...unless it shows the convicted felon Steven Zale has been ousted from the company. Or how about a press release explaining the JTV lawsuit and proposed settlement that could bankrupt Zalemark. And also let them explain why they surrendered their ability to do business in California but yet have their main office (a mailbox) here. Also, I would like to see a press release stating they have funds to stay in business...anywhere.
BUT PLEASE TO SHUT ME UP JUST SHOW ME AN ORDER FROM A MAJOR RETAILER THAT WILL BE INVOICED THIS MONTH.
I am not patient. I am not a dreamer. But most assuredly, I am not an idiot.
Crayola licensing was completed almost one year ago. Prior to that announcement, ZMRK had to put together a " sales pitch" that they then would have presented to Crayola. That would have included jewelry, packaging and a marketing plan. It also would have included a business plan that would list the anticipated retailers (hence the Tiered account selling) along with actual stores that ZMRK would pursue along with sales figures...Macy's, Bloomies et al. And that is why Zalemark projected over 53 million dollars in sales for 2015. So they must of had an idea of the jewelry, packaging and accounts to market the product to OVER A YEAR AGO.
Now it's been over four months since the launch, all this was in place then. Zalemark has had one entire year to make a sale. Please tell me the reason why you think Zalemark is waiting to make an announcement of what retailers are carrying this Crayola collection? Do you really believe they received orders and have shipped or are about to ship product that will be in retailers showcases this month?
Show me a real order, not some packaging. Just because ZMRK spends a few bucks (or trades some shares of stock) for artwork, the faithful loyalist followers (FLF's) keep believing the B.S. When will we see something tangible? How can you believe anything from a company that hasn't made any significant legitimate sales to any major retailer and is continually millions in the red. ZMRK always gives positive press releases. Read the financials...please. The FLF's are like lemmings following their leader over the cliff.
Always optimistic. Always making up excuses for why "it" didn't happen. Don't repeatedly show me anything that doesn't relate to an actual sale. I have seen all the press releases, I have seen the forecasted sales, I know they have had the Crayola license for almost a year, BUT WHAT I HAVEN'T SEEN IS A SALE.
Steven Zale will throw the FLF's a bone pres release to placate them. But if he had a bonafide sale to a major retailer he would have announced it. And one last thing: that jewelry is not compelling enough to make any decent amount of sales. This product is NOT going to be the revenue stream that drives new business into the stores.
Are you telling us that the merchandise pictured in your post will be in retailers showcases this month? Or is it just wishful thinking again. When Zalemark mentions that the rollout/launch begins with the Tier 1 accounts; Bloomingdales, Macy's, Sak's. Neiman Marcus and Nordstrom...are you stating the pictured merchandise (or for that matter, any ZMRK merchandise) will be in their showcases? You have got a little over two weeks to get the orders that have to be in hand (if any) shipped out (as you stated it was happening this month) received in a central distribution center and then they have to be shipped out by the DC to the individual stores, checked in and displayed. And by the way, Major Retailers have the real estate (the selling space) allocated already. It's called a Plan-a-Gram. Every unit is pre planned to fit a certain space in their showcase. So if that is what you are telling us then Zalemark has to have shipped or will be shipping in the next few days for a schedule like this to come true.
SHOW THE STOCKHOLDERS THE ORDERS.
Note to the ask slapping "genius": stop spending the ice cream money your mommy gave you. The Good Humor man needs it more than Zalemark.
5,000 shares in the red
100 "ask slapping" shares to bounce it back up.
This just makes me want to dig deeper into the business practices of Zalemark. If I have time later on today, I'll go over a licensing expenditure of $125,000.00 on one of the financial statements and then show you how little business (revenues/sales) was achieved that year and the following year. So please don't tell me the difference this time is that they have Crayola and M&Ms. You can spend money to get a brand license, just like you can spend money to rent a race car. But you can't race it if you don't know how to drive it, let alone, start the engine.
Not impressed! Since that PR, dated July 20, 2015 was released, has there been any sales? It's been well over FOUR MONTHS since the Crayola Las Vegas launch. What orders have been received? Are they going to achieve the Tier 1 sales projections of $53,000,000 for this year to their listed retailers: Bloomingdales, Nordstrom, Neimans, Saks and Macys? Does anyone really believe Zalemark when they say they will earn over $24,000,000 in after tax profit? Where is the credibility to this company or Steven Zale himself? Where is there any transparency?
Where are the audited financial statement (and don't show me statements by some sleezy accountant that takes direction from Steven Zale), financials need to be prepared by a Big Four reliable accounting firm that won't take Zalemark stock as payment for services rendered. What really constitutes "transparency"? They did not inform the stockholders of the A/S doubling, they did not explain why they surrendered their ability to do business in California, is this transpsrency? And what about the lawsuit that could put them out of business unless they fulfill the terms of the settlement by very early in December? Is that TRANSPARENCY?
And can we hear from Steven Zale himself regarding all the posting here regarding his CRIMINAL status in regards to being a CONVICTED FELON, a COCAINE DEALER and an EMBEZZLER?
Good accountants would tell you to put all the bad news out and let the company take the hit. Then start fresh. That is really good advice when you have a foundation to build on. There is no foundation here and there is too much past baggage weighing them down. In my opinion; a collapse is clearly evident.
The PPS is expensive. The PPS is what it is...sort of. I actually think it is expensive based on the dilution that I believe will be coming shortly and the fact that the PPS would be a lot lower as the "ask slapping" at the end of the day (for a trade that costs less than $20) is not really indicative of where the share price should be. Plus the high risk factor that this stock will collapse when the Tier 1 retailers (Bloomingdales, Nordstrom, Neimans, Saks and Macy's) don't come through with the Zalemark forecasted sales of $53,000,000 for fiscal 2015. That's less than 3 months to ship that merchandise out of a $95 per month mailbox type facility. Plus, they surrendered doing business in California. And please don't tell me the merchandise is coming to these stores directly from Bangkok. I know for sure some of these retailers do not do direct imports in certain classifications. Jewelry being one of them as there are too many problems to deal with when there are damages, returns, overstocks, U.S. Customs and freight forwarders etc etc. Their financial statements clearly show the mailbox office as their principal place of business.
Remember that this stock is low priced and thinly traded...therefore subject to manipulation. Take a real close look at significant down volume days that have a spike in the price at the end of the day for what amounts to a decent cup up coffee at Starbucks.
I would think that for an investor who bought in over $0.25 (and some bought in at prices over a buck), this stock is expensive. An EXPENSIVE LESSON in believing the hype.
For your sake, I hope it's true but I have my misgivings re Zalemark and Steven Zale.
Crayola license signing anniversary is coming up soon. One year on the 21st of this month. Are we all going to celebrate at the mailbox office of Zalemark. Or possibly, that is the date of the Crayola launch in all their retail stores...which so many of you rightly predicted. It comes just in time to remove that lump of coal from the Christmas stocking and replace it with a piece of Crayola jewelry. Thank you Mr. Zale.
LOS ANGELES, Oct. 21, 2014 (GLOBE NEWSWIRE) -- Zalemark (OTC:ZMRK), a jewelry and product design, manufacturing and branding company has entered into a licensing agreement with Crayola, a brand whose products have inspired creative expression in children for more than 110 years.
Zale has left a trail of financial destruction. Not one successful endeavor. Failed businesses, bankruptcy, creditors owed huge sums of money, investors owed huge sums of money, false promises, outrageously exaggerated press releases, misleading financial statements etc etc. And yet the faithful, the loyal to the very end, those unwavering followers continue to see that Zalemark and Steven Zale will bring them profits. It's GREED that propels their thinking. Every one of them is as morally bankrupt as Steven Zale. They need to, or should cash out now before Zalemark continues it's downward cycle and then they should donate all the funds they get to charity. All of them need redemption. This is not a company you want to be associated with.
I am not a jewelry expert but a retail expert (in my not so humble opinion). So it's all basically the same to me with some subtle differences. That's why you can be a buyer at JC Penney purchasing intimate apparel one day and then you become a jewelry buyer next. It's really a numbers game and getting direction from your trusted vendors who will support you if the product doesn't sell to their expectations. That's why there are exchanges, returns and mark down money. A manufacturer really partners with that retailer for a long term relationship.
Zalemark could NEVER achieve their projected sales this year of $53,000,000. It's just crazy. And to think they could estimate an after tax profit of $24,000,000 is ludicrous. This isn't a pharmaceutical company that just received a patent on a new miracle cure drug. It's just a so called jewelry company that acquires licenses but doesn't sell jewelry. It sells hype through its press releases to inflate the stock price. Warren Buffet owns a few large jewelry retail companies along with a huge jewelry manufacturing concern that does have legitimate licenses and sales and they all work on slim profit margins. Don't believe ANYTHING that Zale of ZMRK tells you.
Too much money, time and effort has gone into Zalemark's marketing strategy of acquiring brands that can translate into jewelry. Very few companies can pull it off. BUT, if you have a successful track record and a marketing plan that includes a serious budget for promotion then it can be done. Merchants like to see successes. That's why in any field, one of the first things that a buyer will ask is; "show me your best sellers", and "who is selling this". No one wants to caught with non salable inventory. Plus no major retailer would EVER trust a company just on their word. But both Crayola and M&Ms did. There is no question about that in my mind. They will come to regret that, just like Hearst Corporation did.
You know Steven Zale is reading these posts. My opinion is that he is in panic mode. Had there been some substantial sales from the launch in Las Vegas we would have known about by now and not at this late date in the season when stores need to be assured of their purchase order receipts. The company is in desperate need of funds so they print more shares thinking they will entice a new investor with a trade of shares for an infusion of money. They also need the shares to pay salaries and for other services rendered. So now the big whale potential investor starts reading all these posts and has second thoughts about what they are getting into. Zalemark has a lawsuit settlement to finalize in early December that potentialy could bankrupt them. They don't have any real purchase orders to ship. They have no funding to pay for the cost of goods and to top it off they are now finding out about his past bankruptcy and other businesses that have gone out of business. OH...and he is a convicted felon. Now do you think a whale investor would want anything to go with Zalemark or Steven Zale? So right now Steven Zale is desperately trying to convince the whale to still put in money or he is contemplating something more drastic. Can't venture s guess there as it could lead to so many places. But desperate people do desperate things. But the loyal faithful followers and believers are still drinking the same Kool-Aid as Steven Zale.
BTW: no disrespect intended to the Kool-Aid brand.
As always, these are my thoughts, judgements and opinions.
Just because you acquire a Crayola jewelry license doesn't mean sales will come automatically. There is serious competition to get a product in front of a consumer. ZMRK has the license. That in and by itself is no big deal. You have to have a team that knows how to design a desirable product with value pricing. Then you have to market it. You need someone that can get you an appointment with the store buyer. When you are selling to major retailers, as ZMRK has stated in his Tier 1 selling strategy, just stating you have Crayola jewelry doesn't get you an appointment. You have to convince that merchant that there is a compelling reason why Crayola jewelry will have a positive impact on their sales and bottom line. To entice consumers to purchase Crayola jewelry over another vendors product takes market savvy. You will need strong retail partnerships that will help you co-brand the product along with an enormous budget for advertising and promotion. I personally think ( by observing my two teenage daughters and her friends) "cheap & chic" is the way to make money with Crayola and not karat gold fine jewelry. You need strong leadership aiming at it's target. "Without distractions". I didn't intend this to be a Retail Marketing 101 lecture as I could go on for quite sometime on why Zalemark and Steven Zale cannot succeed. I will touch on a few points:
No leadership
No TEAM in place
No infrastructure
NO MONEY
No credibility
No past success
Why would any retailer tie up their "open to buy" dollars? The purchases they make directly affects theirs sales and bottom line. They are not going to risk that on Crayola when the licensee (Zalemark) is untested and has a history of bankruptcy, dubious financial statements and self-aggrandizing press releases.
Please read and try to understand the Zalemark financial statements and the absurd projections of 53 million dollars of sales this year with an AFTER TAX profit of over 24 million dollars.
But I know some of you loyal faithful followers snd believers are still going to post:
Good news is coming soon
October is the month we will hear something
$ZMRK is the golden ticket
They have Crayola and M&Ms
Steven Zale is their designer
You have been "had" by a convicted felon who also has a history of dealing cocaine and embezzlement.
You don't need "good luck" you need "good sense".
Ask Hearst Corporation; #39 on the 2014 Forbes list of Americas Largest Private Corporations. Hearst was part of the creditors in the Zalemark Inc., bankruptcy. Zalemark owed them for licensing royalties plus advertising costs for ads in their magazines.
Hallmark is #95 on that same list.
Hearst sales/revenue: 10.3 billion in 2014
Hallmark sales/revenue: 3.8 billion in 2014
I am not impressed with the DD that Hallmark/Crayola did. Nor am I impressed with ANY DD that has been done by the ZMRK loyalists. I haven't seen any concrete evidence aside from Zalemark spending dollars or maybe stock to get licenses. I have not seen any positive results of ANY licenses they have EVER had. The DD from the loyalists are just regurgitated PR from Zalemark or others that have gleaned and reprinted Zalemark press releases as news or editorials.
SHOW ME THE MONEY!!! In this case, show me the huge orders that will fulfill the 2015 Projections of $53 million dollars in sales this year. Why ZMRK would throw out an estimate like that is beyond my thinking. Do they not think that someone with a sixth grade education wouldn't find that absurd. Especially with a projected NET PROFIT of over 24 million dollars. The clock is ticking as the have less than 3 months to achieve those estimated sales and net after tax income. Do the loyalists really believe that?
I just don't understand how you can believe ANYTHING that comes from this company.
Zale has been awful quiet regarding the audited financial statements and the uplisting of his company. Nothing after Las Vegas about ANY Fall/Holiday 2015 orders. Yet the loyalists think that miraculously October will reveal all...and the great anticipated news will shut us up. Give us a tidbit of something positive...anything will do. But I do not want to hear "good news is coming soon". If there is good news then tell us NOW. I will keep posting facts not wishful thinking.
I can't wait to dissect the next financial statements. In the very beginning of December, Zalemark Is obligated to take "certain actions" to finalize the Settlement Agreement which is part of the JTV lawsuit. Meanwhile the lawsuit remains open until those obligations have been met. This information, which is paramount to shareholders and stakeholders, should have been included in the last set of financials that were released. This disclosure should be a material part of any legitimate company's financial statement.
My guess is that this is part of the reason that an additional 75,000,000 shares were authorized. They need funds to pay off JTV and try to stay in business...somehow. But the loyal "longs" won't believe anything that could tarnish the polish on this jewelry company. And still we read; "good things are coming". Strap yourselves in or throw on your life jackets. This rocket launch has failed and your boat, that is about to sail, is sinking.
DD from a national credit reporting agency (from June of this year) states the following:
(I am not going to re type everything put will capsulize the content...FC)
"GENERAL REMARKS:
Attempts to contact Steven Zale were without success. Numerous messages left on his personal voicemail remain unanswered.
ANTECEDENTS:
Zalemark Holding Company Inc. was incorporated under Delaware State laws on March 23,1999. On December 23, 2009, the corporation qualified to operate under California State laws (Charter #C3264532). A check with the California Secretary of State on March 10, 2015, showed the corporate charter as suspended.
Steven Zale previously appeared at interest in Zalemark, Inc., which was incorporated under California State laws on September 26, 2002. On February 14, 2011, Zalemark, Inc., filed a petition for relief under Chapter 7 of the U.S. Bankruptcy Code. (Case #11-11877). On March 8, 2012, the United States Bankruptcy Court granted an order closing the bankruptcy case. A discharge was not applicable. Zalemark, Inc. , subsequently discontinued operations in February 2011, leaving unpaid trade obligations."
My question is; why is the bankruptcy not noted in the Timeline?
The unpaid trade obligations would have included licensees like Hearst Corporation, Badgley Mischka, etc. etc. plus numerous private money investors totaling millions of dollars.
Zalemark and Steven Zale love press releases that show positive, forward thinking news and they will always stay silent (which to me is thunderous) about what the reality really is. They could answer all of the questions and allegations that have been posted but they have chosen not to because they have nothing positive to say.
What's happening with getting audited statements and uplisting.
ZMRK has been quiet on that front. And stockholders want to see "real" audited statements from a Big Four accounting firm...not someone down the hall or across the street who doesn't know how to spell or proof read.
"The Company has an off-balance sheet arraignments".
Someone with an high school education should be proof reading the financials. The word is "arrangement".
"Whales" are buying: 100 shares at a time. Let's keep trying to push the 50 across the 200. Nobody will notice what's going on. You serious two dollar and fifty cents investors are really helping the legitimacy of this stock.
Desperate people do desperate things.
ZMRK: CEO; Convicted Felon, Arrested for Embezzelment and Cocaine dealing. This is DD from the Los Angeles Times. Millions of dollars have been lost by Zalemark investors. Read the financials. As a very wise sage aptly stated (and I may be paraphrasing):
"The best way to make a small fortune in the stinky pinky's is to start with a large fortune and believe the hype."