Zalemark Holding Co Inc (ZMRK)

[fact-checker]

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?