Monday, June 13, 2016 3:45:54 PM
Learn how to read a financial statement.
In simple terms: Zalemark's debt far exceeds their ability to pay those debts.
No sales or revenue equals more huge losses.
Over $163,000 in first quarter losses. AND NO SALES!!! ZERO!!!
A NEGATIVE $8,000,000 in retained earnings and net losses.
INSOLVENT and heading to BANKRUPTCY.
This is reality...not some forward "wishful thinking" B.S.
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