Monday, May 30, 2016 5:02:38 PM
Only desperate underwater longs posting what Zalemark would like them to post.
Zalemark is INSOLVENT. They owe four to five times more than they have the ability to pay. Read the financial statements that show the ratio of Assets to Liabilities. Zalemark is underwater by over $8,000,000 between negative retained earnings and their net losses.
Zalemark doesn't have the ability to make any payments due to vendors or investors. They are trading stock (which is basically worthless) to convert their indebtedness. This will only dilute the stock price further. The only thing stockholders and stakeholders have left is just a flimsy straw that they are holding onto in the tidal wave that is crashing down on them.
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