Wednesday, November 11, 2015 9:59:25 AM
It would not surprise me at all to see Zalemark file. After all Zalemark Inc. Did it a few years back so Steven Zale has experience.
No Sales,
No money,
No credibility,
You have insiders that are now distancing themselves from the company...both the ex chairman Warren Nobusada and Steven Zale himself. Just look at the October 8, 2015 restructuring announcement.
Distance yourself so you aren't as tainted when you file for bankruptcy. Your names won't be mentioned in the filings. Is this the reason they surrendered their right to do business in California. If they ship out any merchandise from California they are in violation of California business laws. This scenario makes total sense.
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