Steven Zale: the failed vision behind it all.
As I view the different videos, I see a desperate person still misleading his investors to believe he was just an innocent bystander in his jewelry store when the cocaine transaction took place. As Zale explains it, the police wanted him to expose someone else to get his sentenced reduced. He chose not to do that, as he wanted to take responsibility for his actions. BUT why would he say no to that deal. If he really was innocent and just put two parties together with no knowledge of them selling and buying drugs then why didn't he say that to the police. What he told the police is that he wouldn't "tell" on someone else. It doesn't make sense. The police, for a few months, had made smaller buys from Steven Zale directly. Doubters; read the arrest documents and the articles in the L.A. Times.
Steven Zale portrays himself as an innocent bystander. He wasn't. And he still is trying to twist the truth. His stupidity in business has sunk this company for years. And now he says "you are not hurting me. You are hurting the shareholders"...referring to myself and I-Glow. I have only been here for a few months...Steven Zale started destroying this company from day one.
The only renumeration I receive from these posts is gratification in exposing this crook for what he is.
I'll write next about his involvement in the embezzlement arrest and how he continues to downplay that as well.
Crayola or Hallmark/M&M's must have put tremendous pressure on Steven Zale. That is why he made the video. Yes, he made and paid for the video. Why do you think he is trying to distance himself from the company. It's not because he wishes to just focus on design and sales; he is inept at doing both. There has been no appreciable sales or revenue ever. The company continues to lose money (millions upon millions of stockholder, stakeholder and investment funding). Meanwhile the PPS keeps dropping.
No sales
No profits
Coupled with inept leadership have put this company on a course to bankruptcy. So please, don't blame me or others for the stock price decline. Blame yourselves for not seeing what I and a few others have seen for quite some time.
