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Tuesday, August 16, 2016 7:51:07 PM
2015 Net Loss: $240,783.11
2016:
ZMRK's-2ndQTR-financials-came-out-with-3-month-sales-of-$1,446.46. ZMRK-sold-that-jewelry-at-a-LOSS...cost of goods sold was $2,026.35. Couple that with NO SALES in the first quarter, and that gives you $1,446.46 in TOTAL SALES FOR 6 MONTHS. Showing a QUARTERLY LOSS of $119,295.35. This is with both Crayola and M&M jewelry licenses. Licenses that require a minimum quarterly royalty payment. The TOTAL LOSS for six months is $272,801.87. The Crayola license was signed in 2014 and still no product sold, or in stores. And no M&M jewelry anywhere either. Why this company is still in business amazes me. No jewelry stores placed orders in Las Vegas. That was quite obvious. So, no future sales and no past sales. Even an idiot should be able to see that spells DISASTER.
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