Zalemark Holding Co Inc (ZMRK)

[fact-checker]

Always gearing up!!! NEVER delivering on their promises.
It is always "wishful thinking" by the investors that should have sold earlier. They are trying to entice new investors to drive up the price. But the investors that are looking now are not as stupid as the old investors. Nobody is loading up. The price per share reflects the "no confidence" attitude regarding convicted felon Steven Zale who finally admitted he served three years in prison for dealing cocaine. And there is no confidence in Zalemark. They spend their limited resources on selling shares not selling jewelry. Read the financial statements.
Zalemark is out of money.
Their is no reason to have their financial statements audited as the have no sales. Plus since 2010 they have been telling stockholders they were going to be audited...they want to be more transparent. But they never have answered pertinent questions. Why did they file a cease of operations with the California Secretary of State?Their only domicile is in California.
What happened with the settlement payment they were required to make in regards to the Jewelry Television lawsuit?
Why haven't they stated which major department store (if any) they will launch Crayola jewelry with. There is none...that's why.
The selling of "brands" is a highly specialized business. It needs smart and talented people with enormous financial backing to make it work through consumer advertising and promotion. As proven in the past with Zalemark they couldn't make it happen ever. Steven Zale has always left a trail of destruction in his past bankruptcies and closed businesses. He closed or bankrupted those businesses leaving tremendous unpaid obligations. Steven Zale is an inept business person that had lost millions upon millions of stockholder, stakeholder and private investment equity.
He denies anything negative in his past and then plays the pity card when caught.