Zalemark Holding Co Inc (ZMRK)

[fact-checker]

"Welcome to Zalemark" = Welcome to Absolutely Nothing!
All the "brands" and all the licenses and associations have never produced sales let alone profits.
This company is led by an inept businessman whose specialty (aside from criminal activities that have landed him in prison) is producing press releases to hype the stock but never any sales of jewelry. The last reported Q3 financials showed $973 in total sales.

Aside from news releases, Zalemark produces millions of dollars in losses. The PPS has hit a new low this year as they continue to be silent on the non delivery of Crayola jewelry. This "launch" was to supposed to be in the third quarter of last year. And still no word from the company on why to this day in February it still isn't in any stores. Is it because they filed with the State of California to discontinue doing business in that state? Who knows as Zalemark continues to be silent on why they did that. And they continue to be silent on the $4,000,000 lawsuit against them filed by Jewelry Television (JTV).

And if you look at the PPS it had a high of $1.50 a few years back and the downward slide has continued each and every year to sub penny now.

But yet you have desperate longs who hold millions of shares that continue to post "good news is coming soon" or "be patient" or just "whatever". They bought high and are desperate to get some upward price movement so they can get out.

This stock is ready to file BANKRUPTCY as there are no sales (there haven't been for years) and the funding is all gone (the Kodiak deal can't happen as the stock price doesn't warrant it plus their are numerous other contingencies that have to be met). Zalemark can't pay suppliers let alone the sweat equity people. They continue to pay people and companies in stock that is basically worthless. They are out of options to go forward.