$ZMRK-is-a-SCAM. Insolvent, No-Sales, Led-by-a-Drug-Dealing, Embezzler-Convicted-Felon.
Read the financial statements. Stock was given to a chart guy touter to promote Zalemark. But no funds to promote and sell jewelry. Under $1,500 in TOTAL SALES for 2016. And like ALL other past years sales; those sales will be written off the books to "Allowance for Bad Debt". Inventory disappears. Who got the inventory from those fraudulent uncolllectable sales.
There will be no AUDIT as promised. An audit would reveal the fraud.
No Kodiak funding. Zalemark needs to be audited with a registration to get any money. And the stock price is too low to be colatteralized for the million bucks.
The license for Crayola jewelry was signed in late 2014. And the license for M&M jewelry was signed in early 2015. NO SALES have been made to anyone...EVER. Zalemark missed Christmas 2015 and Christmas 2016.
So if you think "good news is coming" or "have patience"...you're nuts.
Plus the alliance with Super Bell has not produced one sale. The original agreement was signed in the early part of 2015, not 2016. I repeat; not one sale in over a year and a half.
And the newer RMS accelerated sales deal...that's a bust also. Again, no sales.
I started posting here in August of last year. The PPS was 4 cents. It was touted to go much higher. The PPS has lost most of it's equity. The stock is basically worthless. And as far as this being a low floater. It isn't. What you don't see are all the restricted stock shares that have become unrestricted. Probably close to 25 million shares. Yes, this stock can jump a penny on low volume but there is no buying support at higher prices. It always falls back to new lows.
There is no fundamental value in Zalemark. It will only go lower as Crayola and M&M's have to pull the plug. And maybe they already have.
