Zalemark Holding Co Inc (ZMRK)

[fact-checker]

Questions: Profesionsl Fees, Salaries-and-Wages and-Travel-Expense.
Click on the link and see for yourself.

1st Quarter 2016:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155115

1. "Professional Fees...$79,050". Who was this paid to? This is a huge amount for a company that had no sales. Where did Zalemark get the funds for this?

2. "Salaries and Wages...$52,500." Again, who got this money. And for doing what? How was this paid? I thought no one received actual money...they were all sweat equity people that were getting stock for their "non performance".

3. "Travel Expense...$11,899.71". What trip was taken and to where?
I certainly hope it wasn't to Bangkok to see his other family. It would be nice to see a trip to Bentonville, Arkansas to see Wal-Mart. Or, maybe to Akron, Ohio to see Kay Jewelers. Or, New York to see Bloomingdales, Saks and Macys. I just don't think it's right for a "pleasure" trip to Thailand at investors expense.

And look at the Business Filings, Business Licenses and Permits...both totaling $8,000. I would like details on those payments.

I won't even go into the $30 for "Cost of Goods Sold"...????

And why "Filing Fee SOS NV...$400"? Is that $400 to the Secretary of State for Nevada? If yes, then why didn't Zalemark renew their ability to conduct business in California with the SOS there where they say they have office space with Super Bell. Nothing makes logical sense.

But the bottom line tells it all: in three months they lost $163,506.03. (Where does does that "Net Other Income" penny come from?)

Big deal that they have Crayola and M&M's. In one year they couldn't sell any Crayola product and since the beginning of this year they haven't sold any M&M jewelry. Steven Zales branding concept is as idiotic as he is. It ties Zalemark into trying to make minimum quarterly royalty payments when they haven't made any sales.