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Wednesday, July 27, 2016 6:19:00 PM
In summary:
The float increased over 50%.
Total Shares Outstanding increased 85%.
Total Shares Authorized increased 100%.
All being done as the PPS CONTINUED TO DROP, AND Zalemark racking up HUGE LOSSES each year.
The big concern is the 39 million+ shares that have increased in Total Shares Outstanding. Most of those shares were "restricted stock". Those shares will be added to the float. Which means the existing float will more than double causing serious dilution. The restrictions have to be coming off soon, or have come off and have just not been reported properly. This will cause the price to drop at least in half.
Also, there are approximately 64 million shares in the Zalemark "kitty". Remember last year when The Felon had the secret board meeting and doubled the amount of the authorized shares. The convicted felon needed to do that. Those additional shares are for making payments to lenders, accountants, lawyers, suppliers, the sweat equity people, the Inept Felon himself (and his wife...read those financials) etc. etc....which means further dilution of the share price.
This is real DD. Not wishful thinking hoping the stock price will rise as posted by some desperate underwater investors. These are hard cold facts.
I keep stating Zalemark is out of money...they are INSOLVENT.
Show my posts and the Zalemark financial statements to your accountants. Do your own due diligence before buying, selling or holding onto Zalemark stock.
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