Zalemark has run out of funding even-with Kodiak.
A typical scenario regarding the supposed $1,000,000 Kodiak funding:
It's a supposed cash for stock deal. That is why Zalemark doubled the A/S. ZMRK issued 75,000,000 new shares. If the stock is freely trading at 100,000 average shares per day (when there is trading at all) and the PPS is a penny then what would a million shares offered for sale drop the price to? Or, 5 million shares? Think about how quickly the price falls into the triple zeros. 75,000,000 at a penny is $750,000. $375,000 at a half cent. At what PPS is a fair valuation on an exchange of 75 million shares for cash? I can not say as I an not an expert in valuations like this but I do know once this happens the dreaded word "dilution" comes into play. So that cuts the PPS in half again.
Zalemark is out of money.
They have no sales forecasted for this year or next year.
They have constantly lied to the stockholders.
They have constantly lied to the stakeholders.
Always delays and excuses posted from Investers but only silence from Zalemark.
Consistently promoting the stock and not putting valuable assets into the sale of jewelry.
And then there is the four million dollar lawsuit against Zalemark, Steven Zale et al. A settlement was agreed upon with a payment due in the first week of December. But with the PPS in the toilet and no one purchasing stock from Zalemark directly this now changes what is going to happen. I agree with I-Glow...BANKRUPTCY is the answer. Don't forget bankruptcies are in Zalemark and Steven Zales not to distant past.
