Pete: It really is time to dump $ZMRK. All info you get from Zalemark or the felon Steven Zale is B.S. The shareholder letters are full of hype or excuses to keep shareholders from dumping their shares. A prime example of that would be the audit and registration for uplisting. In the June, 2016 shareholder letter it stated the audit was behind schedule but would be completed by the third quarter which was September 30, 2016. That never happened. Then the January 2017 shareholder letter stated the audit would be completed by the end of that month...January 31, 2017. That never happened. You stated in one of your posts the audit would be completed by the end of February...that was last month. That never happened.
The audit won't happen. There is no reason to spend the money, that Zalemark doesn't have, on an audit. There are no sales. Therefore no receivables to verify. So the audit would be done to verify expenses and Steven Zale doesn't want anyone to verify, or even see who got paid, and for what.
Zalemark can't uplist. No sales and no future sales. No financial strength. They are insolvent. So hoping they will uplist is just not going to happen. They also can't uplist without being audited.
How can you believe anything from Zalemark when they keep stating the audit will be completed by a certain date and then that date comes and goes. Always unfulfilled promises. Always pie in the sky PR that never happens.
There is no financial support for the stock price at higher prices as evidenced by more sellers than buyers. Especially now that more shares have been issued...this has to lead to dilution. When you authorize more shares, the intent is to distribute those shares to pay old debt or to exchange stock for hopefully something tangible. If you double the shares you are diluting the share price in half. It happened in late 2015 when they doubled the 75 million shares to 150 million shares. Now they could go to 300 million or maybe even more.
Steven Zale cons investors by telling them something good will happen with Zalemark in the future, and they will make millions of dollars if they take the worthless stock. And much to my dismay, some sucker investors believe him. He is a con man extraordinaire.
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