Zalemark Holding Co Inc (ZMRK)

[fact-checker]

The Zalemark boat-is-sinking and-taking the-last "long" holdouts-with-it.
Not one of the faithful longs can state why this company is still viable.
No launch of Crayola or M&M jewelry.
No other jewelry sales.
No profits.
Huge and ongoing losses.
No funds to pay expenses or loans.
Current accounts payables is four times their questionable current receivables.
No ability to borrow from Kodiak.
No audited financial statements or uplisting.
Fraudulent financial statements (no mention of a material fact; the JTV $4,000,000 lawsuit).
Zalemark surrendered the right to do business in California.
The "sweat equity" people are disgusted with Steven Zale and his mis-direction.
The Crayola and M&M jewelry product looks like it's for children but with adult pricing.
No major retailers liked the product since it was first shown at a trade show in early June of last year. That has got to tell you something.
The faithful longs can bury their heads in the quicksand but the problems with Zalemark won't disappear.