Engagement letters are USELESS without sales or revenue.
Zalemark keeps wasting investor money by promoting the PPS of its stock when they they should be trying to sell jewelry. Zalemark's focus and the focus of the "pumpsters" should be on getting sales and not to quickly raise the PPS so they can dump out. Q3 financials showed $900 and change in sales for three full months. Less than $1,000 in sales for three months. Pitiful.
This company is on the verge of filing BANKRUPTCY. Steven Zale has had multiple bankruptcies in his recent past. The quick hint to all this; no sales, a dried up "revenue stream", a possible $4,000,000 lawsuit settlement that Zale has agreed to pay by next week, no liquidity at all, more liabilities than assets without the ability to pay anyone. And the pìece de résistance: This company is led by a convicted felon who was arrested, along with his wife, for EMBEZZLEMENT to the tune of hundreds of thousands of dollars. In addition to having that on his resume, Steven Zale was arrested for DEALING huge amounts of COCAINE.
Why would any sane person want to invest in this company is beyond my thinking.
Stop believing Zalemark's PR. Nothing they have said has ever come to fruition.
AND they continue to remain SILENT regarding the "non event CRAYOLA launch". The Crayola product was NOT liked by any major department store buyers. The product failed...that is why you don't see it in stores.
As they say: GAME OVER.
