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Monday, April 18, 2016 12:02:05 PM
"Longs" are-asking why-is-this happening? Investors FINALLY-realize it's-all-smoke and-mirrors. The interest in Zalemark has dried up. Everything that Zalemark, Steven Zale and Ernest Martel have said is always something to keep a "hold" onto their investors.
It's what I would call "future enticement". But investors eventually realize something is wrong when nothing positive EVER happens. Zalemark can't keep saying "stuff" without having something positive come to fruition. So now investors are doing real due diligence and not believing the remaining few underwater desperate longs that keep posting wishful thinking and labeling it DD.
The investment community interest in Zalemark is gone. The desperate longs continue to post press releases and news announcements that are not current and have never materialized.
Zalemark needs huge revenue based on a product being sold to major retailers not small independent jewelers. It hasn't happened in close to one year since Crayola was shown at a jewelry trade show in Las Vegas.
Zalemark is not fundamentally strong enough to wait this out. Their balance sheet is way out of balance with enormous debt.
The chartists and wishful thinkers can post anything they want EXCEPT they can't post anything that shows any stores carrying Crayola jewelry and they never have acknowledged reading and/or understanding the annual financial statement that shows huge losses. It's always "whatever" or "have patience". Or "great news is coming soon".
Closing the doors to Zalemark would be "great news" to me.
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