No trading = no interest. ZMRK doesn't-have-any credibility.
Too many press releases and news announcements stating future positive sounding forecasts and promises that have never come to fruition. This is done to hype the PPS, not to sell jewelry. There is no transparency to investors, otherwise Zalemark would have stated that they tried to place the Crayola and M&M jewelry collections with the major retailers they announced that they would be selling to...but they had no takers.
But "dumb and dumber plus another" still try to tell us to have patience. Steven Zale has blown over $8,000,000 of company money. AND, investors stock equity as well. Every year the PPS hits new lows.
I get it. Longs have nowhere to go. The value of their investment is almost worthless. So why sell. But with the track record of Zalemark and Steven Zale (a convicted felon who was incarcerated for three years for selling huge amounts of cocaine and who pled guilty after his embezzlement arrest) why would any serious investor put money in this company.
So, no new money is coming in and no long investors are selling (really because the stock is worthless) there is just no interest in Zalemark.
There are so many negatives with Zalemark.
Huge debt.
No interest in the jewelry from retailers.
The past criminal history of Steven Zale.
Never a news announcement or press release that came true.
Total incompetent leadership starting with Zale and including the officers, sales and marketing people.
There is just no chance of survival. Anyone who believes there is, has got their head in the quicksand or is being paid either in stock or money to tout this stock.
And let's not forget "dilution"!
It's coming...and in a big way.
But that I will have to explain why in another post.
