Tuesday, May 31, 2016 11:39:14 AM
No revenue at all in the first quarter of this year.
WHY? Cause the jewelry is not compelling enough for stores to put it in their cases. If the product had merit then it would have sold to some stores. But not one store bought it in over a year. But the sheep don't understand facts. Wishful thinking doesn't make it so. Zalemark is so over burdened with debt that it can't survive. Mr. Martel knew it and left. Underwater by over $8,000,000. Their current liabilities are over four times their current assets. They will continue to lose huge amounts of money because they signed royalty agreements. And there are no sales or profits to pay those minimum quarterly fees.
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