Zalemark Holding Co Inc (ZMRK)

[fact-checker]

The non-existent Crayola launch can be explained: NO-SALES.
Not one major department store (like Macy's) and not one major jewelry retailer (like Kay's) thought the product would sell at retail. Nobody placed any orders.

Just because you "buy" a brand license doesn't mean you can make a profit from it. Zalemark has proven that.
And I am sure Crayola and now Mars have become very concerned with all the adverse publicity they will get from their association with the convicted felon Steven Zale. Watch the video where he begs for mercy as his drug dealing became a "lesson". Both Mars and Crayola made a huge mistake. They are aware of that now. No matter how much pity Steven Zale asks for it doesn't change the past facts. I can't wait to read the next financial statements to see what payments (if any) were paid out to Crayola or Mars. Or, will it be like when Zalemark Inc. went bankrupt and left unpaid monies owed to Hearst Corporation for Zalemark's licensing deal with them.