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Re: None

Wednesday, 08/03/2016 9:01:04 AM

Wednesday, August 03, 2016 9:01:04 AM

Post# of 26028
The financial statement is a disaster. Shareholders Equity is what is left for the stockholders after everything is liquidated. Where does Zalemark come up with $7,687,389 as Shareholders Equity, which is also the same number mentioned as Capitol Stock.

Zalemark doesn't have a pot to piss in yet they throw in over 7 million dollars as Equity. Ridiculous.

Zalemark is insolvent. Much more debt than the B.S. assets. And no ability to pay those debts...because they have no sales. Zalemark sells shares of stock not jewelry. And when they do sell jewelry its at a loss or they write off those phony sales later as Uncollectible Bad Debts. The company is led by a felon and his cohorts while the shareholders and stakeholders get screwed.

So if you are still hoping for an audited statement or getting uplisted or getting financing from Kodiak....it won't happen.