But I-can say-with certainty how-low the-price will-fall: BANKRUPTCY!
Everytime, since I came here in August, whenever a press release came out the volume sometimes rose but the price ALWAYS dropped lower right away or within a few days. In mid August this stock was at 4 cents now it's under a penny. There have been numerous press releases since then. The loyal longs who are desperate, should have got out the day it hit 9 cents. But they held on because of greed...thinking Zalemark was on its rocket launch (another launch that fizzled).
Remember:
No sales...no profits.
Little sales...no profits.
Medium sales...no profits.
Zalemark needs legitimate sales in the millions of dollars to succeed. They don't have the talent, designs, sales or infrastructure to do that kind of business.
They have run out of funding and the sweat equity people know it. Steven Zale has lost all options except for a few naive loyal hold-outs. But they have lost there equity in this stock and don't have anywhere near the funds to keep this company afloat.
I am sure Zalemark is trying to delay payments to Crayola and Mars so as not to be in default on their licensing agreement. BANKRUPCY LOOMS!!!
And thank you for your explanation of how the OTC works. It is very much appreciated. I will remember that the next time I buy, form, or sell a public company. Please notice, I didn't say the stock of a public company.
