Zalemark spends money but doesn't make money. This is not an opinion but fact.
Just because you pay to acquire a brand license doesn't mean you can generate revenue. Zalemark has a proven history of getting licenses, approximately 30 licenses and deals, that have generated almost nothing in sales compared to the millions and millions in losses. Again, not an opinion, but fact. They release press releases that are intended to hype the stock not sell jewelry. They are deceitful for not announcing the doubling of the shares. This will cause major dilution when they sell or give those shares away to a new investor or to pay their bills. This is a desperate company that is in major financial distress. Just read the past few years financial statements. The company is led by a convicted felon who was arrested for dealing cocaine and was also arrested for embezzlement as reported by the Los Angeles Times.
Good news is always "around the corner" or "coming soon". The problem with that is the good news is for Steven Zale and not the stockholders...as evidenced by the decline in the price of the shares. No "whale" is going to put money in the open market in this stock when they can go direct to Zalemark and purchase shares at a huge discount. Remember he just newly printed an additional 75,000,000 shares. Do you really think he won't try to make "deals" with those shares. Sorry. Warren Nobusada but you've been had. But you're in good company with numerous million dollar past investors/believers that lost their money and now have stock that is worth only a few pennies.
