Zalemark Holding Co Inc (ZMRK)

[fact-checker]

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.

Has Zalemark withheld "material information" by remaining silent?

Zalemark informed the investor community, in June of last year, of an impending Crayola jewelry launch in the third quarter of 2015.
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 opens up Zalemark and its officers and directors, during that period, to shareholder lawsuits under SEC regulations for failure to disclose material facts.

But instead of addressing the issues of non delivery of any Crayola product, or the JTV lawsuit, or why Zalemark filed to cease operations in California (where their only office is), the convicted felon Steven Zale who finally was forced to admit he served three years in prison for his drug dealing, begs for pity in his disguised video. And he tries to do that again on his embezzlement arrest. And yet there are a few loyal followers who still believe in him as the PPS keeps dropping and dropping and dropping. Bankruptcy is eminent.