Zalemark Holding hasn't made money off any brand!!!
Zalemark Inc. went bankrupt.
That was the Steven Zale company under the Zalemark Holding Company umbrella that had Badgley Mischka, Seventeen and Esq. jewelry throughly Hearst Publications and so many others. Look at the financials of Zalemark Holding and you will see they are in great financial distress. They have lost millions upon millions of dollars which translates to the stock price being worth a few pennies.
They can spend money to acquire brand licenses but they have never made money as they haven't been able to generate any significant revenue. The same is happening with Crayola. All major retailers have made their Fall/Holiday 2015 purchases. Those retailers are now working on Valentine's Day 2016. It's been four months since the launch of Crayola Jewelry and not one announcement regarding any retailer purchasing the jewelry. But in going over past PR from this year I saw "Financial Projections" for this year and also 2016 and 2017.
2015 Sales: $53,300,140.00
After Tax Net Profit: $24,194,694.00
These numbers are totally absurd!!!
2016 Sales: $119,654,940.00
After Tax Net Profit: $55,225,772.00
2017 Sales: $197,054,540.00
After Tax Net Profit: $95,205,114.00
Real due diligence is reading and understanding what is being told to investors and not blindly accepting whatever the company says.
One more thing; as one poster here wants me to clarify that the opinions above are mine but yet when they state "good news is coming soon", they never state that is their opinion.
