Zalemark Holding Co Inc (ZMRK)

[fact-checker]

Zalemark definitely should be trading in triple zero's. They have no future sales and any past "fraudulent, in my opinion" sales and or revenue has been wiped off the books as Uncollectible Bad Debt. They have close to $200,000 in Accounts Receivable that has been on their books for way over 6 months. That also will be reclassified as bad debt. There is missing inventory from one financial statement to the next. Expenses are being reclassified. Who received funds for Salaries and Wages? And who received funds for Professional Fees? And who got the jewelry that was shipped out last year and in previous years...and then written off as bad debt?
I bet that is why Ernest Martel quit. He knew it was coming to the end. Ernest, if you are reading this, turn yourself in now. Do a "plea deal" and tell the truth. Your prison sentence will be lighter. My guess is that all the officers and directors along with the "advisors and consultants" will be indicted. And Steven Jeffrey Zale will become a three strikes felon under California law. Greed and no morals did them in.