It's 1/2 opinion. And 1/2 wishful thinking.
Yes, ZMRK signed licensing agreements with both Crayola and M&Ms. Zalemark has basically done nothing with any of their NUMEROUS licenses over many of these past years. They are great at getting licenses (because they pay for them or trade stock) but horrible with making money from any of their "deals". Read the financials. Look at the sales and also look at the cost of goods sold. This company is in financial distress. That is why they printed/issued 75,000,000 more shares and waited months before making that public. They need these shares to pay their financial obligations. They are under water financially (not an opinion) and they have a leader that is a convicted felon (not an opinion) that has been arrested for cocaine dealing AND embezzlement (and yes, it's old news that you have been told before) but verified in the Los Angekes Times. And never has Zale denied any of this.
They have never responded on why they surrendered to the Secretary of State their ability to do business in and from California...this is where they are allegedly located. The reason I say allegedly is that they are operating out of a mailbox type virtual office that costs them $95 month. They have never told the shareholders about the Jewelry Television lawsuit even though they are obligated to do so in their financial statements. They have never responded or issued any press releases after the JCK trade fair in Las Vegas regarding trade press that showed up at their Launch Event or pictures of Steven Zale with any jewelry buyers. If they have orders or commitments they wouldn't have waited four long months to tell their loyal stockholders that information...others have. Again, as I have stated in the past, this company is running on what I call the three H's: Hype, Hope and Hysterics.
