Sunday, November 15, 2015 12:55:59 PM
"Good new is coming soon" just never seems to materialize. If a catalyst comes it will be detrimental to the PPS as Zalemark has no good news to tell us.
No Christmas delivery of Crayola jewelry to any major department stores. And no real business for 2016 shipping as well.
A DISASTROUS financial statement being released within days. Or possibly a delayed release date.
Increased losses.
Having no funds to make the JTV financial settlement which is due in early December.
Zalemark can't ship jewelry from California as they would be breaking California State laws.
All major investors were counting on this being the year to get them back to even or at least cut down on their losses.
The "sweat equity" employees were also counting on the stock price going up tremendously as they keep getting more shares that are depreciating rapidly.
The "Debt Conversion" recipients who took stock were also counting on a higher PPS. How much longer can they hold on. They received pretty much worthless stock. And the shares trading daily has declined as well.
Why spend time, effort and funds on an audit or trying to get uplisted when there are no sales. The branded concept is not a good idea. It only locks you in to making upfront payments and then quarterly payments as well whether you sell any jewelry or not.
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