InvestorsHub Logo
Followers 11
Posts 2087
Boards Moderated 0
Alias Born 08/14/2015

Re: DJPB1984 post# 7635

Sunday, 05/22/2016 12:27:45 AM

Sunday, May 22, 2016 12:27:45 AM

Post# of 26028
DJPB: Zalemark is insolvent. No Crayola sales in-one-year. Zalemark is overwhelmed with HUGE debt. I told you they wouldn't ship anything in the third quarter of last year and not only did they not ship anything; Zalemark continued to miss shipping for all the important selling periods after that, including Christmas. And if you read their first quarter financial statement you would see they had ZERO sales in the first three months of this year...ZERO!!!

And if you look at their balance sheet you would see way more liabilities than assets. They are INSOLVENT. They can't pay their bills because they have NO INCOME. No one will lend them money. Well, maybe you, Pete and mick. All the others have gone. Or at least are not purchasing more shares or lending Zalemark funds.

Show the financial statement to your accountant or a trusted advisor. The desperate underwater longs need someone to help them understand that Zalemark is insolvent without a chance of getting out of it.