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ZMRK Zalemark Holding Company Inc (PK)

0.0005
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zalemark Holding Company Inc (PK) USOTC:ZMRK OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0005 0.0004 0.0006 0.0005 0.0005 0.0005 10,500 13:04:44

Zalemark Holding Co. Enters into a $1 Million Equity Purchase Agreement with Kodiak Capital Group, LLC

29/10/2015 7:46pm

Access Wire


LOS ANGELES, CA / ACCESSWIRE / October 29, 2015 / Zalemark Holding Co. (OTC:ZMRK), at times referred to herein as Zalemark, today announced that it has entered into a $1 million common stock purchase agreement with Kodiak Capital Group, LLC, a Newport Beach, California-based institutional investor. Zalemark is an award winning product design, development, manufacturing and distribution Company that develops and markets strategic jewelry brands such as, Crayola(R) Fine Jewelry, Mars(R) M&M's(R) Jewelry Brand, and Demeter(R) Fine Jewelry.

Zalemark has agreed to file a registration statement with the U.S. Securities and Exchange Commission covering the shares that may be issued to Kodiak under the terms of the common stock purchase agreement. After the SEC has declared the registration statement related to the transaction effective, Zalemark will have the right at its sole discretion over a period of one year to sell up to $1 million of common stock under the terms set forth in the agreement.

Proceeds from this transaction, if any, will be used to further develop and commercialize projects using Zalemark's market expertise, extensive relationship capital and award winning industry performance.

"We are very excited about the opportunity to receive this capital infusion and the vote of confidence in our brand and business model by an investment group as renowned and successful in the consumer products space as Kodiak Capital," commented Raymond Ruiz, Zalemark's Chief Executive Officer. Scott Lopez, Kodiak Capital Group Advisory Board Member, said "We are equally pleased to be able to assist an industry innovator such as Zalemark as it moves forward with the commercialization and distribution of its world class products and market strategy."

Contacts:

Zalemark Holding Company, Inc.
Ernest Martel, COO/ CIO
info@zalemark.com
www.zalemark.com
or
Kodiak Capital Group, LLC
Office: 212-262-2600
info@kodiakfunds.com
www.kodiakfunds.com

SOURCE: Zalemark Holding Company, Inc.

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