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Zalemark hasn't released store sales or launch information.
Others have!!
This is real DD from a press release today.
"September 24, 2015
Wedding gown designer Angel Sanchez is testing a bridal jewelry line with Sterling, according to a Sept. 22 BSE filing from supplier Tara.
The line is being tested at 60 stores, the filing said, which put the initial order at $4.4 million.
Signet spokesperson David Bouffard called the line a “relatively small bridal jewelry test” that is under way at some Kay Jewelers and Jared The Galleria of Jewelry stores.
The line “is inspired by the signature design elements seen in his bridal dresses—ethereal curves, sumptuous folds, and cascading layers—and incorporates the designer’s sculptural elements into every ring,” he added."
Wasn't Zalemark supposed to be selling to Kay Jewelers? Didn't Steven Zale mention his tiered selling accounts were Nordstrom, Neimans, Saks, Macy's, Signet which owns Kay Jewelers and Jared and now Zale Jewelers and so many others including having access to 23,000 independent Jewellery stores.
Please stop believing the stupid press releases along with anything Steven Zale says. It seems they (the company and Steven Zale) have no credibility. Zale has proven a few things: he can get a license and he can get investors to believe him. But they can't make sales...there is no legitimate revenue. Read the financials. The company is sinking. They have no funding. Only now they have more worthless stock to give out.
Your boat is sinking.
You had a chance to save yourself when the stock price shot up to $0.09. But you and others thought that it was just the beginning of the giant increase in price. But the greedy ones stayed in, always believing "good news is coming". If you really did your DD then you would have foreseen the actuality of what is happening. But you are clinging to that lifeline of hope that you refuse to accept and you are allowing others to drown with you. Again, the boat is sinking...there are too many "holes" in it that can't be fixed.
The "cheerleaders" never answer a serious question.
They will always diffuse reality with rhetoric and smoke screens. I have asked questions repeatedly about the financials that were posted. Nobody answered those questions but tried to discredit me. But you can't discredit a fact, you can only blow smoke on it so people can't see the truth. I have mentioned (numerous times) about a buyer coming in after the stock has fallen and then paying top price so the stock looks like it is higher or had no losses for that day. Never has anyone addressed that. It's always "good news is coming soon". Well, they have been saying that for years and the stock keeps dropping. There is no money to pay anybody so Zale keeps paying them in stock. Your 100,000 shares are really worth half of what they were before he doubled it to 150 million shares. Poster silver states that isn't so, as he hasn't released those 75,000,000 additional shares yet. But he will, that is why he did that. Now he has more shares to pay people. Read the financials. Zalemark has lost approximately $8,000,000 over the years. Where do you think that money came from? But yet I will be called a basher because I show you reality. Someone will come back and try to discredit this post with diffusion and smoke. But surely they will never question the quarterly and annual financials that reveal what I say is truth.
It came back on a $20 inflated purchase.
Don't you see the reality here? The stock drops a huge amount to its previous low on over 100,000 shares. And then jumps up way past the $0.016 ask to $0.022, on less than 1,000 shares. You have constantly inquired why this stock isn't getting any action. No serious investor will touch this stock. The financials are terrible and totally misrepresented. They spend money on promoting the stock and not their products. The true price of this stock is way lower than what it shows. But always someone will come in when the stock drops and make a tiny buy at an inflated price just so the stock closes higher. So please, don't say it has come back. It hasn't. There IS news around the corner but it's bad news and stockholders are tired of the B.S. and the smart ones are getting out now.
Brophinvest, read again what I wrote.
You keep bringing up diffusion rhetoric. Address what I wrote, not something someone else wrote. Tell me about the Zalemark financials. Did you read them? Are you satisfied as to their accuracy? Did you see any glaring irregularities?
I look at facts as they are presented. You are one of the wishful thinkers hoping that this stock this will make you money. This company in in dire financial straits. Steven Zale is no genius in getting licensing deals...look at the past few years press releases but Zalemark hasn't done anything with them. He urinates away stockholder equity. Read what I have posted and respond to what I have said...don't try and blow smoke around the obvious.
Fortune 500 companies don't put out B.S financials!!!
First of all this is not a Fortune 500 company. The Zalemark financials are incomplete and full of highly questionable figures. You yourself noted this a while back. Nobody has ever addressed the questions I raised re their last two financials...it's like; "well, this is normal for a stinky pinky company". Shame on those that believe that. If you just based your judgement on those last two financials you would know there is no future here. It is not "good things are just around the corner"...that is only wishful thinking at best. Out of all the cheerleaders you have brought up some very good points (such as getting the bid and ask to be more closely aligned) but you too were ridiculed. You are pretty bright...don't get sucked in by the pumpers.
What I see is not a gem but a piece of cheaply made costume jewelry that was inexpensively gold plated and now that the plating is wearing away the whole piece is starting to tarnish.
But you cheerleaders keep saying: "good news is coming", "just around the corner". I have been reading the same stuff for months and this stock keeps going down in price. There is no credibility here. Zalemark has no funds to pay it's suppliers or so called employees. They get paid in stock. There is no infrastructure to be able to ship or service any major retailers. This stock is built on what I call the three H's; Hype, Hope and Hysterics.
13 Analytics Show ZMRK = STRONG SELL!!!
If the 50 crosses the 200...
I am no chartist by any stretch of the imagination BUT, if you continually slap the ask (mostly at the end of the day) to paint the close with a high number based on a sale amount that couldn't get you a decent cup of coffee at Starbucks then you are trying to manipulate the chart. Now any sizeable investor that has any brains (and I am not saying I do) would see right through that. So whoever is doing that is hoping that at day's end the positive gain (which is being done usually on ten dollars or less) will move the 50 day line higher than than the 200 day line...resulting in what is called the Golden Cross (usually a definitive buy signal), but in this case if that happens I will call it the Fools Gold Cross. In reality if you base the closing number on the up or down volume in relationship to the price the stock sold at then you would see we are moving toward the Death Cross.
Hey...just a stupid guys observation as I know you guys are the real experts here and make a ton more money than I do.
If Zalemark did increase the number of shares...
Wouldn't the shareholders have to be notified first.
Were any shareholders notified?
So I guess what I am saying is that if you, as a shareholder, we're not notified, then what I originally posted about Zalemark raising the number of shares to 150,000,000 can't be true.
That would make sense.
I really thought it would be a good ploy to add more shares as Zalemark has no cash flow and no more significant amounts of shares to exchange for payments so that by increasing the number of shares it would give them some more breathing room.
But I guess you guys are right (again) and I am wrong.
Sorry.
Rumor: Number of Shares Increased to 150,000,000.
Anybody know if this is true?
Congratulations to those investors buying more shares.
They are picking up 100 to 1000 shares at the the high ask? They show great market savvy in doing that.
Somehow though, what I saw was more significant selling then buying around $0.018. And the price would be lower that that if they didn't try to paint the tape.
But then again, desperate investors do desperate things.
Zalemark has no financial credibility...NONE!!!
I-Glow, aside from you and I (plus an occasional poster that has read and understands financials) the cheerleaders don't get that the reality is; Zalemark is not only out of funds but they have no borrowing power and they are giving stock away instead of salaries. They are severely in debt and have no way out.
Someone "verified" that Crayola jewelry is coming soon.
I am not sure what retailers they talked to...
But I am sure they called:
Bloomingdales?
Nordstrom?
Neiman's?
Saks?
Macy's?
"Tier 1 - Roll out will begin in Department Stores (Bloomingdales, Nordstrom, Neiman Marcus, Saks, Macy’s)
Tier 2 - Driving a fresh new revenue stream to Specialty and Independents (Helzberg, Zales, Kay)
Tier 3 - Mass Retailers !!!!!!"
They may have called all of these retailers...I guess we'll just have to wait and see cause they wouldn't reveal who provided them with the launch info.
Disappointed in my new DD.
I really thought I was onto something but it didn't come to fruition as I had planned.
Zalemark with it's fictitious Sherman Oaks, CA address has a telephone prefix for both the main phone number and the fax number that is really a central downtown Los Angeles prefix. So I spent some money today to do a reverse telephone number search. I found out both belong to their Luxury Brands Group but I didn't get a landline address on the fax machine as I hoped. One site said the main number was a cellphone but another site said it was a landline. Both sites said the fax was a landline but none could give me an address. Only a zip code in Los Angeles. This just means I will have to spend a few bucks more to see if I can get an actual address.
I love to say "I told you so".
What you are spewing is the same rhetoric that every Zalemark investor, stockholder and stakeholder thought when they put their money in this stock. In looking at the charts there were people that invested at $1.50, $1.00, $0.50, $0.25 and all the way down to pennies. Most of these people were duped into buying the Zalemark Kool-Aid. They all lost money. But you can predict the future better that anyone and you can envision that fat brokerage account.
Just remember; "I told you so".
The "Event" was so poorly attended that it didn't make sense to publicize it. If you look back at other JCK events that Zalemark produced you will see the press releases from Badgley Mischka event years ago was the real deal. Both the designers came in from New York and Zalemark must have spent a fortune on that event. But again, the bridal jewelry sales were basically non existent and Zalemark left the hotel with a huge bill it couldn't pay. Zalemark knows how to sign brand names and they knows how to "package" those brands but they can't make sales.
In my not so humble opinion, you need four elements to become a successful wholesale to retail business.
1. Design...this is key. The product has to be fresh and relevant. And priced to sell at retail.
2. Sales...this is paramount. You need a seasoned professional that has been dealing with these retailers for years and truly understands their needs. You need prime real estate in their stores and they are not going to give it to someone that doesn't understand all the requirements of their business.
3. You need a great factory behind you to produce the goods to the proper specifications. They have to deliver a perfect product on the first go round and they have to extend you credit.
4. You have to have a top CEO who can put the above in place with a top COO that can coordinate both the incoming orders along with the outgoing shipments and a CFO who is a financial genius that can coordinate with the banks, the suppliers, etc.
To me number four is the most important because these are the people that truly fuel the "engine" of the company.
It's apparent to me that with the exception of number three (as I don't know anything about their production) that they are missing too many important elements to make this a real company.
The Crayola Debut Event Was Real.
What was "unreal" was that nobody showed up except for friends, family, insiders and some investors.
Not one bonafide order was written. Not one editorial was written after the "event" in any trade magazine that related to the "event". Not one photograph from any of the trade magazines was ever publicized after the "event". Not one picture of any magazine editor or significant buyers were ever publicized by Zalemark. My resources told me it was a "non event". But I heard the food and drinks were terrific. Basically a no show "event".
ZMRK = Gold Mine = FOOLS GOLD
I-Glow has a tag line at the bottom of his posts. Read it. Then read it again. If you don't get it by now, then keep reading it until you do.
I read over the last financials earlier this afternoon. They still list stockholders equity as an asset, they still list that the offices are in a 600 square foot space and later today or tomorrow I'll post some new DD that again shows this is not a "real" business. This company is truly a scam. The financials state you have to explain or detail any past bankruptcies or non payment of any debt. It says "None". A blatant lie. Investors and accounts receivable holders of Zalemark Inc. were left with nothing or a mere pittance of what they were owed.
Again...FOOLS GOLD.
"Wednesday, September 9, 2015 8:04 PM EDT
Justice Dept. to make prosecuting white-collar criminals a priority
Stung by years of criticism that it has coddled Wall Street criminals, the Justice Department issued new policies on Wednesday that prioritize the prosecution of individual employees — not just their companies — and put pressure on corporations to turn over evidence against their executives."
From today's New York Times.
You won't be laughing after you read this.
You wrote:
"Finally, your wife saw the same design of the ring from a company in Europe? Considering it was on the Internet as you say, please provide a source link. I would love to see the design that Zale "ripped off". Reading that made me laugh. You talk about insiders trying to pump the stock and you say this? LOL. "
Do a Yahoo search:
Oliver Weber 2012 catalog images
If all the images don't show up then click on "Images" and scroll down a few images and you will see the ring that "Steven Zale designed exclusively for the Crayola Collection". This ring was manufactured over three years ago by another company in Europe.
BTW: are you still laughing?
I know you really want this ship to sail but in actuality it's sinking.
I don't think Crayola or M&M's did DD.
Steven Zale has been known to embellish the truth. I know most of you don't care about his past but if his past actions are indicative of his behavior then he certainly could have pulled a "Fast Eddie" on the people from Crayola and M&M's. The people that put this deal together at Crayola and M&M's may have received stock on the side or cash payments. Zale or Zalemark did this before and got busted. If you think this is basher B.S.then Google; Jenny Ta Steven Zale Zalemark. Jenny Ta was fined by the court for receiving "cash" payments from Steven Zale or Zalemark without proper disclosure. She raised $125,000 in loans for Zalemark Inc. that then went bankrupt.
And another thing, that multi stone burgandyish Crayola featured ring that my wife like so much...well it turns out my wife found the exact same style on the Internet by a company in Europe. So I guess he didn't design it (no surprise there) but knocked off the design.
My theory here is that some of you are just investors hoping for a big hit..(aren't we all). But you have been drinking his kool aid and just don't want to see or hear the truth.
Others of you are insiders either getting stock (no money...cause there isn't any) to hype this worthless stock or actually work for Zalemark and are holding on because that's all you have...hope. Look at how many people have jumped ship that have worked at Zalemark in the past. No money but stock. All these so called workers today can't be getting paid as you see from the financials. When I-Glow posted about Zalemark not having an actual 600 sq ft. office but what is essentially a Post Office box type location in the Sherman Oaks building not one of you cared or responded. To the true investors..."wake up...you've been had". To the others; you know what you can do with your worthless stock...use it in the bathroom.
Can you provide more clarity to "soon".
Where are you getting your information as to when Crayola will be hitting the shelves "soon".
Is this the start of the Crayola launch? In your opinion what does "soon" mean in actual time. Days? Weeks? A month? Or could "soon" mean many months. If you could clarify then we can move on to another subject. Will stockholders be able to buy direct from the company at a discount to the retail price. My wife still likes that multi stone burgundy colored ring.
I remember reading "somewhere" that Steven Zale said he was not a member of the Zale's that are related to the national jewelry store chain. I maybe wrong though.
Where did you see that the Zale Jewelry Store Corporation bought him out? If they did, you are right that it would have to be big money.
Is that "Crayola" ring designed by Mr. Zale?
It's actually a nice design and a good tie in to Crayola. So, I guess he has some talent as my wife likes the ring. Some of the other pieces I have seen here are much older. Still pretty, but somewhat dated. Do you really think he has the capability to design a whole Crayola jewelry collection?
But somehow it's OK to bash a basher.
And not address the serious issues the so called bashers bring to the table.
Go $ZMRK$
Show me the green.
Mr. Zale is a genius.
Strap yourself in.
Thank you!!! Someone spent under $3.00.
This quality investment is up again. And all it took was under 3 bucks to purchase a HUGE 100 shares. I am thrilled to see that. It shows you a tremendous support level.
Again, thank you for your belief in Zalemark.
Go $ZMRK$
We are on the move again.
$olid $upport at thi$ level.
I am not panicking here. We're still golden.
It's just a little hick-up. We need someone to jump in with another $6.00 to move this baby higher. Come on you die hards, what is 6 bucks...it's just your lunch and dinner money...give it up to get us back into the green.
Go $ZMRK".
This is the "Golden Ticket", come along for the ride.
Good news is coming!!!
OMG...good news...someone's buying.
And they are digging deep into their wallets. Went up a couple ticks on 100 shares...mmm.
Then again spending less than 3 bucks to move it higher once more.
This stock is showing an amazing growth pattern.
Go $ZMRK$.
Show us some green today.
Can't wait for the much anticipated news coming shortly.
I came here a few weeks ago. This stock had a buzz and I wanted to find out more. I asked serious questions re the old Q as it didn't make sense. I was told just wait for the new Q, which btw looked even worse. Nobody has ever given me an answer to my questions but I am called a basher along with I-Glow. And then my posts get deleted. So now I stick around just to question everything you say or do. And that statement goes to you and all the other cheerleaders. I don't want to hear "well it's just a penny stock and you take your risks with that". Tell that to the people that purchased shares at $0.25 or $0.50 or a buck and higher. Today's 3 cents a share isn't pretty. There is just too much uncertainty here and I want to be part of the fun that exposes it. That's why I am sticking around asking hard questions. Mr. Zale is a convicted felon as reported by the L.A. Times...read those articles I-Glow posted. Do a search on Zalemark and Steven Jeffery Zale and see for yourself. You really can't believe this is a legitimate company.
Regarding the so called audited financial statements...
To have ANY credibility to those audited statements they have to be certified by a Big Four accounting firm...not some guy down the hall or across the street that has been paid off in stock.
You need one of these four firms to audit you:
Deloitte
KPMG
Pricewaterhouse-Coopers
Ernst & Young
Any other firm will not give you the legitimacy you desperately need.
Regarding the so called audited financial statements...
To have ANY credibility to those audited statements they have to be certified by a Big Four accounting firm...not some guy down the hall or across the street that has been paid off in stock.
You need one of these four firms to audit you:
Deloitte
KPMG
Pricewaterhouse-Coopers
Ernst & Young
Any other firm will not give you the legitimacy you desperately need.
I called five Hallmark stores re Crayola jewelry.
Some stores were corporate stores and others were franchised. I found out that all stores are required to carry certain merchandise while others can be more localized or regional in the supplemental product they carry. I talked to store managers or assistant store managers and one was a franchisee owner. I had only one question:
"Do you know when the new Crayola jewelry will be arriving in your store?"
Not one person was aware of any jewelry coming in. One woman was concerned because as she said her corporate store was overloaded with merchandise and where would she put it. Then I realized they would need some kind of locked display case as you wouldn't want to leave jewelry out as you do with their other merchandise. Beefhouse, who told you or where did you read that all Hallmark stores would be caring Crayola jewelry?
Betchips...or possibly you are Mr. Zale himself or a Zalemark employee (being paid in worthless stock because there are no funds to write checks that won't bounce) or maybe a relative. But for sure not an unbiased investor. Mr. Zale has been drinking the Kool Aid (come to think of it, he could produce a Kool Aid jewelry line) that he is giving out to you instead of salaries.
But my question is; if ZMRK is an authorized vendor of all the companies you mentioned then why hasn't he sold them anything. Well the answer is his product is horrible. Where can I purchase a Steven Zale Couture piece of jewelry. Where did the Englebert jewelry sell. I didn't see it at Zale, Macy's, Kay, SAMs Club etc etc. ZMRK is not an authorized vendor...maybe in the past but to become a SAMs Club vendor today you need to be financially sound. No major store will tie up retail dollars in a company that can't deliver. Where are they going to get the money to produce an order? How are they going to pay M&M and Crayola. Maybe in worthless stock.
It's all BS.
ZMRK has no credit to purchase any inventory.
Just suppose (and that is a HUGE supposition) that they get a major retailer to place an order for M&M or Crayola jewelry...where do they get the money or credit to pay for the goods? The stock is basically worthless and looking at their last few financials, who would give them credit?
With the uncertainty and continued under performance of ZMRK any new investor will run from this stock. And now the existing stockholders and stakeholders (cheerleaders excluded) are going to panic and a much lower stock price is inevitable. Don't buy more shares now. Wait, and you will purchase shares for under a penny.
Wolves are afraid of fire.
Are you feeling the heat, Mr. Cheap? Comments like yours only make me want to dig deeper.
21 brands or entities and no success.
There is a deep history of failure, all preceded by ZMRK hype. Zalemark and Steven Zale along with his cohorts have left a trail of destruction. Tell me a Zalemark success story. From all the press releases, I haven't found one that translated to profit dollars...you can't take percentages to the bank. The financials are horrible and the revenues reported all have the suspect COGS. The cheerleaders either work with or are close friends of the company but clearly you can't cover up bad business management...SHOW ME THE MONEY. They can't as approximately 10million (plus or minus) got flushed down the toilet.
ZMRK must have the Christmas orders very soon.
My retail friends have given me the timeline needed for the 2015 Fall/Holiday selling season.
The merchandise must be in the stores tagged with the "normal" selling price 30 days prior to Black Friday, which is November 27. This is because the "sale" retail price will be lower than the ticketed retail. And consumer protection laws state you can't have something on sale unless the product was offered for sale at the regular retail for at least 30 days.
So October 27 or earlier is the delivery date given to the vendor. That supplier needs eight weeks to produce the goods. So pretty much the timeline to get hard orders is ending in two to three weeks and that is cutting it close.
But prior to getting the orders, the stores needed to have received samples, specification sheets etc. etc.
Possibly they have orders or will have orders. But in addition to orders they need to be EDI (Electronic Data Interchange) compliant. This is a computer to computer way of doing business with major retailers; getting and acknowledging purchase orders, sending shipping details and invoices and getting payments from the retailers.
There is a tremendous amount of testing to become EDI compliant with each major retailer and that could take many weeks stretching into months. Has this been finalized with any retailer.
As a side note they need to get a "real" (Big Four) accounting firm to prepare their financials as the accountant now is not good. Also has the Zalemark prior bankruptcy been discussed on this message board?
Good morning shalley. I'll answer your question.
I don't have that much time to go in depth this morning but if I don't finish now I will try to do that later.
I got here because of the BoB's. That was the bait. There was a lot of chatter on this stock and I wanted to find out if there was an financial opportunity to be had. When I started looking through the posts I saw some pretty unsophisticated investors/posters just trying to pump the stock with air. But that was OK because I assumed they bought high and wanted to get back to even and maybe make a profit. The Q hadn't been released yet so I looked at the last Q. From an investors point of view it was horrible. But all the cheerleaders kept saying was wait until they release the new Q and "strap yourself in". OK, I waited and when it came out I looked that over as well and saw blatant figures and statements that needed answers. This is just me, one guy looking at financials that don't make sense. How many others looked and just walked away but I gave you guys and the company a chance to answer the questions. All I got (except from a few posters) was I was a basher. This stock will never rise substantially unless there is transparency to investors. Mr. Zale may be a talented designer and acquirer of brands but in reality there have been no significant sales/growth for years. The recent Q had sales but the cost of goods for those sales was close to the price they sold them for. An investor doesn't want to see that or at least tell us why. This message board is more of a negative than a positive. Simple questions deserve simple answers until that happens myself and others are not putting funds here. And please don't tell me "Oh, but we've got M&Ms and Crayola". Each of these two companies have licensing divisions whose main goal is to bring in revenue. Just because you get the license doesn't mean you will make money off it. The company granting the license is the one guaranteed to make money. I hope all of you reading this will understand your rallying should be done privately as wishing for something just doesnt make it so. Maybe you'll get a rebound today but your posted charts are showing heavy volume as the stock is dropping. Not a good sign for new investors as I would like to buy on the rise as volume is increasing.
The settlement most likely will BANKRUPT ZMRK!!!
Geoart9...your math and logic are flawed. You state that a four million dollar payout will not destroy the company as they could sell shares to raise the funds. Then you go on to say whats another 13-20 million shares to a 71 million O/S.
My math says they would need to sell 133 million shares at $0.03 to take in $4,000,000.
And nobody would pay 3 cents a share anyway when buying that kind of volume.
ZMRK has to be sweating bullets because they can't escape this (even though they tried) and you cheerleaders have your heads all buried in the sand. Were Crayola and Mars ever informed about the lawsuit and settlement? If they weren't then they have legal justification to rescind any contractual obligations.
One last thing before I have to break for lunch; I want to personally thank I-Glow for his excellent coverage of the lawsuit.
It's a game-changer.