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Re: $Pistol Pete$ post# 4578

Monday, 10/05/2015 8:52:31 PM

Monday, October 05, 2015 8:52:31 PM

Post# of 26028
Zalemark Design Center??? What is that? Where exactly is their decent sized facility in Los Angeles? Don't forget they surrendered their ability to do business in California. Seriously, why is that? Why aren't they forthcoming in all their dealings. The JTV lawsuit should have been mentioned in their financial statements. They doubled the shares with improper notice to ALL shareholders. They list a "mailbox" office as their main address. My list goes on and on. Read their financial statements. Total Assets dropped $8,771,490.29 from period ending June 30, 2014 to this year June 30, 2015. Look at the Balance Sheet.
Retained Earnings: ($7,949,584.05)...to those who don't know; the brackets mean it's a negative amount, they lost that money.
And in addition they list Capital Stock of $7,603,799.29. Where did they get this number from? If they had those funds then they are long gone. Just like I saw an asset of $5,191,219.36 listed on the December 31, 2013 Balance Sheet stating it was an investment. If it truly was an investment than you would see those funds show up somewhere. And that same Financial Statement shows total sales for the year of $6,708.72 and the cost of goods sold relating to those sales was $828.26. There is so much more. Stop with the nonsense...please. Close this business down.
Again, do your own due diligence, as these are my opinions and observations.