Friday, May 06, 2016 10:16:04 AM
Yes, a low floater can go up on small volume. It's been done here. But a stock can't sustain the higher prices with small volume. When someone goes to sell a larger amount of shares the price always drops back to it's original low price or even lower.
So the investor that slaps the ask with a 1,000 shares or even 10,000 shares will find that the price will drop when the 100,000 share seller wants to get rid of their stock. Can you imagine what new lows we would see when a 1,000,000 share person decides "enough is enough" and wants to get out. Zalemark is a ticking time-bomb.
The only way to get the PPS higher on a permanent basis is when Zalemark has profits. But you need sales first and it's been proven that the Crayola jewelry collection had no takers. And neither did M&M's. So again NO SALES...NO PROFITS. Plus Zalemark has to pay substantial minimum quarterly royalty payments that they can't get out of.
There will be no audit or uplisting. And no exchanging stock for desperately needed funding from Kodiak as the stock price doesn't warrant it. The con-man Steven Zale is out of options.
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