Zalemark Holding Co Inc (ZMRK)

[fact-checker]

M&M and Crayola will pull the plug first on $ZMRK. The opportunity was there already and neither one put the jewelry in any stores. It's not a money maker. Fine jewelry requires locked showcases plus I am sure a different type of insurance would be required. You just can't leave it out at night so some type of safe would be needed.

So forget the company stores. Zalemark has had ample time to sell the product but obviously had no takers. They are insolvent. No sales, huge (suspect) expenses and huge losses. Plus the leadership is inept. The financials have no transparency and most of the original investors are just holding on as the price they would get back is pennies on the dollars they invested. So they are waiting and hoping for the miracle that won't come.

Plus what major retailers would want to be associated with the felon Steven Zale. The criminal history of Steven Zale didn't surface until late last year. The Crayola license was signed in 2014 and the M&M license was signed in early 2015.