From-a-June-17-2015 press-release. And-still-nothing-happened. Steven-Zale; all-talk...all-the-time. But-he-doesn't-deliver.
Zero sales in the first quarter of this year. No revenue at all. Only huge expenses and a loss of over $160,000.00. And the price per share continues to drop.
From a June 17, 2015 press release:
"Zalemark is currently in discussions with TV, brick and mortar, and fine department store distribution channels for the initial distribution of the new jewelry lines. Zalemark is also developing a TV marketing campaign for the Engelbert Humperdinck, “Harmony Collection” and for the jewelry line created by internationally renowned Brazilian designer, Monica Di Creddo for both TV and department store retailers.
About Zalemark Holding Company, Inc.- Zalemark Holding Company, Inc. is a publicly traded OTC company under the symbol, ZMRK. Zalemark is an award-winning jewelry product design, development, manufacturing and distribution company. Zalemark also operates stevenzale.com, Luxury Brands Group, Demeter® Brand, Divas Choice™ Brand, Dog Boxer Brand™, the Compralux Hispanic Shopping Network™, “The Harmony Collection” by Engelbert Humperdinck, and Brazilian Designer, Monica Di Creddo’s jewelry line in addition to the brand new Crayola Colors line it created. These brands are widely known for their, “Mark of Quality,” Zalemark’s well-established standards for high quality in design, manufacture and distribution throughout the jewelry industry."
As anyone can see there is NEVER anything good that happened in the past. Only wishful thinking about the future that never comes true.
Steven Zale is a con man. He puts out phony news announcements to inflate the dreadful condition of Zalemark. He has pissed away over $8,000,000.00 in stockholders equity. The company currently owes more than four times it's ability to pay it's current debts. Zalemark is insolvent. They have no revenue coming in. Only expenses going out.
Steven Zale spent three years in prison for dealing huge amounts of cocaine. He also plead guilty to embezzling close to $300,000.00 from his wife's employer. He has never had a successful business endeavor...always losing money. And yet, there are investors that still believe everything he or Zalemark says.
AI
