Zalemark Holding Co Inc (ZMRK)

[fact-checker]

Has Zalemark withheld "material information" by remaining silent?
Zalemark is required to inform investors of anything material that would help them make an informed decision when buying or selling shares of its stock. Zalemark informed the investor community, in June of this year, of an impending Crayola jewelry launch in the third quarter of this year.
When did Zalemark realize that it couldn't meet that target date? No department stores placed any orders so Zalemark was well aware the third quarter launch, as announced, was not going to happen. Key information was withheld from both shareholders and stakeholders which now opens up Zalemark to shareholder lawsuits under SEC regulations for failure to disclose material facts.
The continued silence by Zalemark, Steven Zale, Ernest Martel, Ray Ruiz and Caren Currier is getting louder and louder.
This post just focuses on one key material breach of information. The $4,000,000 JTV lawsuit is another.