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Steven-Zale-spent-three-years-in-prison-for-selling-huge-amounts-of-cocaine.
$ZMRK
Steven Zale plead GUILTY to just-under-a $300,000 embezzlement.
$ZMRK
$ZMRK is led by the FELON Steven Zale.
No-Crayola-or-M&M-jewelry-in-any-stores. Why-you-ask...because-it-serves-no-purpose. $ZMRK missed Mother's Day sales again.
The-following-$ZMRK-post-is-from-3-1/2-years/ago. And-is-still-true-today.
yorkie dog Friday, 11/01/13 07:40:48 PM
Re: yorkie dog post# 309
Just a lot of promises that never happen. They appear to state a lot of smoke and mirrors that NEVER happen.
$ZMRK: Always wishful thinking posts but never factual.
As one "touter" stated:
"Mr. Zale is a nice guy and he care for investors and he is working really hard to bring value to ZMRK stock soon."
(BTW, I am sure a lot of people liked Attila the Hun, Charlie Manson, Adolph H, Bernie M and Osama bin Laden as well)
And the response was:
"I think so as well. With the partnership with Super Bell, big things are going to happen this year. One of them being huge revenue."
(First of all; Steven Zale is NOT a nice guy. He is a convicted felon who was put in prison for three years for dealing cocaine. He and his wife plead guilty to an earlier almost $300,000 embezzlement charge also. And in his "oh have pity on me video", he tries to diffuse his involvement...like he was an innocent bystander but the police were watching him and making drug purchases for a month before they arrested him. To this day he still wants to blame others for his criminal behavior. Look at the video he made. Read the transcripts.
And secondly, there will be no huge revenue. The Crayola and M&M jewelry doesn't have merit. If it did, then they would have sold something since the product was debuted years ago in Las Vegas. Stop with the stupid wishful thinking.)
Telltale signs-of-an impending BANKRUPTCY: The management shuffle. As a company starts running into more serious trouble, the board and investors start looking for people to blame. Typically, you'll start to see lots of turnover at the top ranks, as investors look for a quick fix. Please note: $ZMRK's longtime account didn't sign the last financial statement.
Retail-101: why-didn't $ZMRK get-any major-retailers to-purchase Crayola product?
Retailers need a vendor that they know will be around to "help" them if the product doesn't sell. That means, taking back the product that didn't perform or giving the retailer "mark-down dollars" so they can reduce the retails, or exchanging the poor selling styles for newer, fresher merchandise.
But you first have to have product that is so compelling that the consumers want to buy it. The Crayola product didn't have the appeal to get it in the showcases of those major retailers. And obviously the M&M jewelry was received in the same way.
It's a lose-lose situation. A company that is too deep in debt so that retailers have no confidence in Zalemark being around long term and the product wasn't exciting enough for any major retailer to even test it. Not to mention being associated with the drug dealing Steven Zale, who also plead guilty to the embezzlement charges.
The branding concept can work if you have deep enough pockets to fund the promotions you need to establish the brand as a terrific new jewelry supplier AND you need great looking product. Crayola, M&M's and Zalemark have none of these elements.
But now Zalemark is saddled with minimum quarterly payments they have to make to Crayola and M&M's. And there are no sales or profits to do this. Only continuing losses. My guess is that both Crayola and M&M's will cancel the licenses based on "default". Default in both performance and payments.
From a $ZMRK mid-2015 press-release re: retail-distribution.
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
Steven Zale is a big talker and a big spender (with other people's money).
But he NEVER DELIVERS on anything.
Look at all the past press releases, news announcements and financial statements. Just a trail of bankruptcies and failed business endeavors. Just like the above "roll out". It's been close to two years since Zalemark "debuted" the Crayola jewelry (with Super Bell) at the big jewelry show in Las Vegas and they haven't sold anything.
Read the $ZMRK financial statements carefully. Zalemark pays entities to promote the stock. I sure wish they would have spent those dollars to try and sell some jewelry. That real facts are that there is no legitimate major news coming. Way to many lies coming from both the paid touters and Zalemark. Every news announcement and press release, touts how their intention is to make Zalemark great again. Hello...when was Zalemark great to begin with. Every year ZMRK loses more and more investor dollars and the price per share drops to new lows. The credibility of management is in the toilet. ZMRK should stop issuing forward looking PR. Instead they should accomplish something...anything that is positive and then issue a press release on the accomplishment.
Raymond-Ruiz,-Caren-Courier-and-Steven-Zale-must-think-the-shareholders-are-stupid. Well,-a-few-stragglers-are. $ZMRK and the paid touters keep stating "lies". Always trying to keep the "fishies" on the hook by putting out new press releases or news announcements that are absurd. Or, having a paid touter state something big is coming soon. It never happens...all lies. Zalemark said they would be finished with their audit so many times already. There is no credibility left. But yet the paid touter tells you to believe it. And how about the sales at their major jewelry show. They said the buyers were captivated by the designs. And they had a lot of orders and sales both in 2015 and 2016. But read the financial statements and you will see they didn't sell or ship anything. But they spent money on expenses and salaries. This stock is dying, albeit too slowly for me.
Read-and-reread-the-$ZMRK-letters-to-the-stockholders. All B.S.
Both-the-California-and-Nevada-Secretary-of-State-have-suspended-$ZMRK-because-of-non-payment-of-the-yearly-filing-fees. Zalemark has "surrendered" their ability to conduct business in both those states.
$ZMRK-probably-is-in-default-on-both-Crayola-and-M&M-licenses.
Close to $9,000,000 in $ZMRK NEGATIVE RETAINED EARNINGS.
$ZMRK doesn't have a pot to pi$$ in.
Nothing positive that $ZMRK said ever came true.
Only-stupid-gullible-investors-would-believe-anything-that-Steven-Zale-or-$ZMRK-says.
Steven-Zale-spent-three-years-in-prison-for-selling-huge-amounts-of-cocaine.
$ZMRK
Steven Zale plead GUILTY to close-to-a $300,000 embezzlement.
$ZMRK
$ZMRK is led by the FELON Steven Zale.
No $ZMRK audit. It will reveal fraudulent activity.
No "Big Deal" is coming. $ZMRK is INSOLVENT.
$ZMRK constantly lies to the gullible investment community.
Worth-repeating:_Countless $ZMRK-press-release's-where-nothing-positive-ever-happened.
No Audit
No Uplisting
No SuperBell sales
No sales from the last two JCK Las Vegas trade shows
No million dollar stock swap with Kodiak
No RMS accelerated sales
No Christmas sales in 2016
No Christmas sales in 2015
No 649% sales increase (all and more were written off to Bad Debt)
No Monica (from Brazil) sales
No Dog Boxer sales
No new "Face of Zalemark" at the 2016 JCK show
No more Rachel Hunter
No ANYTHING from Zalemark except lies.
No profits...only losses
No legitimate expenses.
No increase in the price per share...every year the stock price hits a new low.
No Compalux Hispanic Shopping Channel sales
No LuxTV sales
No Luxury Brands Group sales
No Demeter sales
No Divas Choice sales
No stevenzale.com sales
No Strategic Plan for Investor Transparency
No "Infinite Love by the Morgans" sales
No "Reggae Royalty Launch with a Famous Italian Brand"
No "Zalemark/Windsor Diamonds Exciting New Venture" (to open 50 new jewelry stores).
No sales from distribution agreement with Bejar Beauty LLC.
No sales from distribution agreement with Famous Hispanic Icon Margarita O'Farrill Skin Essentials.
No sales from alignment with MercadoMagical.
It seems that Zalemark likes to release PR but hates to sell any jewelry.
Investors would have to be idiots to think that Crayola or M&M-Mars would renew the licenses.
Zalemark is run by the felon Steven Zale, a convicted and imprisoned drug dealer.
Steven Zale (along with his wife) also plead guilty to embezzling close to $300,000 from his wife's employer.
Zalemark pays "touters" to tell you "big news is coming soon" and "have patience". Read the financial statements.
This company is a sham/scam.
Just as a $ZMRK FYI: I noticed that the long time accountant whose name was on the incorrect year end financial statement, that really was a fourth quarter statement only and filed on March 27, was changed a few days later to another accountant on the final year end and fourth quarter financials. This new accountant also appears on the Q1 2017 statement.
I find it hard to believe that any legitimate accountant filed the Q1 as there are too many misspellings and inaccurate reportings for a legitimate CPA to let pass without making those needed corrections.
My guess is the accountants all quit and Zalemark published those statements themselves.
No-Uplisting-for-$ZMRK: NASDAQ SmallCap Market Listing Requirements
Small capitalization companies can be listed on the NASDAQ SmallCap Market if they have either:
Net tangible assets of $4 million,
$50 million market capitalization, or
Net income in the latest fiscal year or two of the past three fiscal years of $750,000.
In addition, these companies must have a public float of $1 million, a market value of the public float of $5 million, a minimum of 300 shareholders, and at least three market makers. Also, these companies must have an operating history of at least one year or $50 million market capitalization. The initial minimum bid price is $4.00.
Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $4.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market.
Peer Review Requirement: The practices of all independent auditors for companies listed on the NASDAQ are subject to monitoring under a peer review system. Also, the quality control systems of accounting firms of NASDAQ-listed companies are reviewed by peers every three years.
Get Legal Advice
The U.S. securities market is a complicated field. You may wish to contact a qualified business and commercial law attorney in your area today to help you simplify some of the financial and legal jargon and get your company's shares on the publicly traded market.
Excerpt-from-the-January-2017-Shareholder-Letter-which-highlights-the-past-years-failure-to-deliver-product.
"HIGHLIGHTS OF THE PAST YEAR:
Super Bell sales and manufacturing agreement: We were able to obtain many purchase orders through Zalemark and from Super Bell's independent retail customers. However, we ran into a snag when we switched all of the manufacturing to a subsidiary of Super Bell in China, and had to go through a stringent Certification of their plant to satisfy the requirements of both Crayola and Mars, which has now been completed.
Crayola and Mars licensing agreements: With the Certification of the manufacturing plant completed, we are now ready to go forward with filling our purchase orders, along with new sales, starting in March, which will position us for the Mother's Day sales. We have verbal agreements with both Crayola and Mars to extend our licensing agreements, and will notify you upon written confirmation."
It's all B.S. There weren't any orders. If there were, we would have seen the sales reported in the $ZMRK Q1 report. It's all lies. These are material misrepresentations of fact. A federal offense.
When Ms. Currier and Mr. Ruiz get incarcerated, I will send them gift baskets.
Excerpt-from-the-Shareholders-Update-letter-dated-June-20,-2016.
"With our management focus on the launch at JCK, there is a slight delay in our audit and registration timing. However, as this is a priority, the management team has focused its’ efforts and are back on track. Caren Currier, our CFO, has assured all that will be finished before the end of the Q3".
Well, that was "on track" for the end of September 2016. $ZMRK repeatedly lies to the investor community. And you then have paid touters that repeat those lies.
Just remembered: Isn't the big Las Vegas jewelry trade show happening at the end of this month. Will $ZMRK be exhibiting? Or, will they stop trying to fool everyone and just declare bankruptcy.
Ernest Martel the former $ZMRK CEO, President and CFO left the company a little over a year ago. He should go to the proper regulatory agency and beg for immunity in exchange for his testimony.
Note to Mr. Martel: When the authorities sweep in and question everyone separately (even though you left a while back) they will give leniency to the one who spills the beans first. Probably Caren Currier will crack first. Do it now before she does.
Remember this; Steven Zale will throw you all under the bus.
Both-the-California-and-Nevada-Secretary-of-States-have-suspended-$ZMRK because of non payment of the yearly filing fees. Zalemark has "surrendered" their ability to conduct business in both those states.
No-$ZMRK-sales-in-Q1._No-Crayola-or-M&M-sales. Someone please call them to verify that $ZMRK still has the licenses. I don't think they do. There have been no sales ever.
More-misspellings-on-the-$ZMRK-Q1._Maybe-Mr.Ruiz-and-Ms.Currier-will-utilize-their-prison-time-with-some-educational-classes.
Almost $10,000,000 in $ZMRK NEGATIVE RETAINED EARNINGS.
Pete;_are-you-still-thinking-$ZMRK-is-holding-strong?
$ZMRK-Q1-financials-came-out-and-I-see-nobody-commented.
Pete/mick; is-the-supposed-$ZMRK-audit-ever-going-to-happen?
Thank you Roger. But-I-do-have-a-method-to-my-madness.
But not to be revealed yet.
Worth-repeating:_Countless-$ZMRK-press-release's-where-nothing-positive-ever-happened.
No Audit
No Uplisting
No SuperBell sales
No sales from the last two JCK Las Vegas trade shows
No million dollar stock swap with Kodiak
No RMS accelerated sales
No Christmas sales in 2016
No Christmas sales in 2015
No 649% sales increase (all and more were written off to Bad Debt)
No Monica (from Brazil) sales
No Dog Boxer sales
No new "Face of Zalemark" at the 2016 JCK show
No more Rachel Hunter
No ANYTHING from Zalemark except lies.
No profits...only losses
No legitimate expenses.
No increase in the price per share...every year the stock price hits a new low.
No Compalux Hispanic Shopping Channel sales
No LuxTV sales
No Luxury Brands Group sales
No Demeter sales
No Divas Choice sales
No stevenzale.com sales
No Strategic Plan for Investor Transparency
No "Infinite Love by the Morgans" sales
No "Reggae Royalty Launch with a Famous Italian Brand"
No "Zalemark/Windsor Diamonds Exciting New Venture" (to open 50 new jewelry stores).
No sales from distribution agreement with Bejar Beauty LLC.
No sales from distribution agreement with Famous Hispanic Icon Margarita O'Farrill Skin Essentials.
No sales from alignment with MercadoMagical.
It seems that Zalemark likes to release PR but hates to sell any jewelry.
Investors would have to be idiots to think that Crayola or M&M-Mars would renew the licenses.
Zalemark is run by the felon Steven Zale, a convicted and imprisoned drug dealer.
Steven Zale (along with his wife) also plead guilty to embezzling close to $300,000 from his wife's employer.
Zalemark pays "touters" to tell you "big news is coming soon" and "have patience". Read the financial statements.
This company is a sham/scam.