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Thursday, March 31, 2016 2:12:33 PM
ZMRK is in quicksand with it's overriding debt. There are no sales, only losses that keep mounting. Inept leadership that has no credibility. No ability to borrow money. Always giving out false or phony promises.
Read the unaudited financial statements. Negative retained earnings and a net income loss amounting to a NEGATIVE $8,000,000. Zalemark needs the PPS to rise dramatically and stay at a high level for quite some time. To do that they need concrete revenue (sales) so they can tap into the Kodiak funds. They also need to have audited financial statements and file certain SEC required documents. This can't happen when you have "cooked the books" for as long as they have. They can't get the sales as the Crayola product is just not saleable for fine jewelry. The product has been available and in the market for close to a year without sales. And the M&M necklace/pendant featured in the press release is unsalable. Steven Zales branding concept has never made money. It's time to close this scam business down.
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