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Thursday, June 16, 2016 4:43:11 PM
The desperate underwater longs are still clinging to the hope that somehow the stock price will increase.
Logic and math will tell you that is impossible. Zalemark sells shares of stock...not jewelry. You can see that from their financial statements. They absolutely had no revenue in the first quarter of this year. Not a sale was made in January, February and March. Plus they owe four times their current payables than their current receivables. And they are over $8,000,000 underwater. They can't pay any suppliers or legal and accounting fees except with worthless stock. They lost over $160,000.00 in the first three months of this year.
But the desperate underwater shareholders are still clinging to the lies that come from Zalemark...why?
I post the truth...not wishful thinking.
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