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Let's start with Management filing the appropriate, long overdue (1 1/2 years and counting) financials. How can you make a buy decision unless you know the companies true financial picture?
Thanks Tree,
This really boils down to a simple question. Why are the financial reporting requirements over (2) months late?
If JGS is not a capable CA, hire one!
SIMMONDS is still delinquent 2 months past the deadline. Why is he waiting to file ASCX financials? What "GEMS" await public scrutiny? What is he hiding from plain sight? Why not file? Isn't he a CA (Chartered Accountant), with decades of public market experience?
This is terribly irresponsible governance of a public company, which is the reason most of these pump and dump schemes revolve around corporations based in Nevada.
NEVADA has the worst record and laws regarding shareholder rights, and it is the primary reason SIMMONDS uses shells based from there.
What are you hiding JOHNNY BOY?
Someone told me that domains were expensive, especially at auctions.
They probably have a better shot at success than SIMMONDS "dream team" ever had! My money is on them, sight unseen. They probably have more business savvy, and ethics than the SIMMONDS "dream team" could ever hope to have.
Now go sit in the corner and eat some more expired Goudas inventory, Rabea "the con artist" Allos.
Really!
How gullible are you?
Go to the Duff & Phelps website and read the statement of claim, plus the first and second report of the receiver.
If you can't figure out what they are accusing SIMMONDS of, you should seek some help.
They even used legit company codes and masked the fake inter company payments so that RBC wouldn't smell a rat. This went on for several months until these anomalies were discovered by an RBC audit. This was when SIMMONDS launched the "smoke screen" regarding the over inflated Goudas inventory. It is alleged that he knew his before he did the deal.
The only part of this POS story that isn't written is the final chapter, which we all are waiting patiently for. Oh the drama......how DOES it end?
Cops, Court, Judgement, Jail, Trust fund evaporation??????
Hedge Starz,
Go back and smoke some more crack!
How can you ignore the facts is laughable. You must have just crawled out of the primordial ooze that SIMMONDS dwells in. I assume you are yet another paid Shiller of all things SIMMONDS.
If this POS has any hope, the lawsuit needs to go, and old Johnny boy needs to file current financial and disclosure information. You probably don't care that ACSX's filing status is delinquent, like every other past SIMMONDS folly.......
The lawsuit won't go until SIMMONDS repays the cash he looted by artificially inflating Goudas inter company receivables, then writing checks to all these "sister" companies, most of which never closed, and therefore are not part of the ACSX debacle.
Put a fork in it, it's done!
WTF?
I have no idea what or who you are talking about. Besides, what does this have to do with the colossal FRAUD you, and your group of merry men pulled on investors?
You can throw whatever amount of shit you want at the wall, hoping something sticks, but the facts are that you are an idiot, a liar, a cheat, a con, an asshole, and a scam artist.
This is either Jason Williams or Mathew Simmonds, both first class assholes with no conscience or care for the amount of wreckage and pain your FRAUD has caused.
Who is Memex Automation?
Are they public?
What do they have to do with ACSX?
MrGee - Rabea, I presume.
I thought it might be you, broken English and all. It appears as though you are ducking your responsibility regarding all the worthless stock you sold me, and many, many others.
My guess that you are embarrassed by this fact. Or, could it be that SIMMONDS has you under some magical spell that "all will be fine one day, things will just work out, don't worry, I gave it all under control".
Keep staring into the SIMMONDS crystal ball, maybe he will one day find a pot of gold at the end of the rainbow.
Now back to reality......
Don't you feel shame?
Don't you feel guilt?
Don't you feel remorse?
After all, you, by extension, were SIMMONDS agent / representative, and therefore must agree now that this $hitshow is all but over / dead!
I've got a little twist on your "eat, and music will follow" theme.
How about "invest, and cash will disappear"
Do you still have your little desk at the King city Taj Mahal? And your most important title at Vertility Oil and Gas?
Are you still being paid by SIMMONDS? If so, one of the few left....
You would be valuable to the myriad of authorities investigating this $hitshow, but for (1) small fact, you probably know absolutely nothing of any real importance! You thought you were really important, big man on campus so to speak, but in reality, you were simply used. Yep, used and then summarily discarded like a piece of soiled toilet paper, flushed down the sewer, gone, bye bye.
How does it feel to be conned, duped, lied to, LOSER?
Are you done playing the part of SIMMONDS third testicle?
Oh, Mr. McGoo......
Assuming we show up for SIMMONDSFEST......
Will we be able to tell where John's butt stops, and where your face starts.....or is it the other way around.
I'm so confused!
IDIOT / Loser....or should I say Rabea?
He preys on people's ignorance regarding the stock market, and he rely's on a fundamental human emotion - GREED.
SIMMONDS.....Hey, I'll sell you .25$ "founders" stock, well close a couple of deals, the stock will go up, you will become a millionaire. This is his M.O, and for ignorant people (of which I am one) this "sucks us into the vortex".
One BIG problem.....
The entire story is total BS, it's not real. In order to buy "distressed" businesses, you need cash to bring them back to profitability. He invested no personal cash, and stripped the only asset that he had, Goudas, of all its cash.
I agree, this dude needs to see the inside of a courtroom, so he can be held accountable.
I understand that there are several parallel investigations presently underway by various authorities, on both sides of the border.
Can't wait for the indictment announcement(s), followed by a very public trial, or trials, and hopefully justice for all that have been victimized.
This should put an end to these Fraudsters antics once and for all.
PHAIL?
I guess you can't spell either! What's the matter, grade school a challenge, idiot. My assertion, is that you are definitely "connected" to this $hitshow. If you are not Mathew SIMMONDS, you are definitely 100% on the inside, as no other douchebag would pull the IP Phish scam unless they desperately wanted to know who was posting truthful information in this forum. It is also highly suspect that you wouldn't choose an original name, but simply try to deflect the truth by clouding this forum with another "dmax" name.
If you were an investor, or someone else that was ripped off, you wouldn't possibly be seriously defending the perpetrators. The only logical explanation is, is that you were part of the scam itself, and have a vested interest in having the spotlight turned away from this SCAM.
The law and the SEC will surely catch up with you at some point in time, in the near future I heard. This scam dwarfs the others you have pulled, and it won't go away quietly this time.
I dunno, how is the FRAUD going, Mathew SIMMONDS?
Do you have any information to share regarding the SOC regarding Foodcrafters? I believe that this acquisition was announced by ACSX and the SERIAL SIMMONDS FRAUDSTER, but never completed.
ACSX has no assets, no cash, no capable management, nothing!!!!!!! It is just another SIMMONDS POS stock manipulated to trade at $10.25. If there was even the slightest amount of liquid stock, this biatch would trade at its stock certificate par value of .001$
They are way behind in their SEC reporting requirements, and are being sued by RBC for 12M$, so nobody would touch this, anytime soon, if ever.
I wonder when JGS will crawl out from under his slimy rock and answer the shareholder call for detailed information. My guess is NEVER, as the cash is gone, and he has moved on to another scam by now.
WTF is the correct question, one that has been asked for months, but fallen on deaf ears.
Mr. McGoo,
WTF???????
Broken telephone comes to mind! As one other post said before, It's done, put a fork in it.
This gem of an excerpt from the SERIAL SIMMONDS FRAUDSTER "Success story"....
And I quote....
"The reason I took A.C. Simmonds public – it’s always been a very private company – was it’s time that the family got some of the recognition they deserve. It’s hard to sustain a business for 96 years – and continue to grow and reinvent it. So my challenge is to turn it over in the best shape it’s ever been to the next generation."
Based on the present state of the A.C Simmonds debacle, and putting myself in the shoes of a relative of this SERIAL SIMMONDS FRAUDSTER, I would want to legally change my name.
Way to go Johnny Boy, not only have you screwed up your family's past exploits, you have also tarnished your family name and prospects for the future of your spawn.
You must be a proud poppa now.
I heard that BLVO Entertainment is working on a sequel to "Cash McCall", entitled "Cash BeGone", starring the SERIAL SIMMONDS FRAUDSTER John Graham Simmonds.
I hope they use a wide lens camera to get his entire fat faced $hit eating grin on film, as he $miles continuously knowing that he is living off the proceeds of shattered investors, bankrupt businesses (Goudas), and defrauded pensioners golf memberships.
This dude is a total PO$......
Mr. McGoo
You are either a Shameless SIMMONDS SHILLER / Lover, or you are a VICTIM.
Which one are you?
Just checked PFSF, a stock that some of us bought from the SERIAL SIMMONDS FRAUDSTER first.
It has been halted, as there has been no reporting activity since Sept 30, 2013. This FRAUDSTER filed a 10-K on Dec 2013, begging for an extension to file PFSF's year end, but never did.
Sound familiar?
This is a SERIAL SIMMONDS FRAUDSTER $HITSHOW!
Goodbye Cash.....
Mr. McGoo
You are still an idiot!
Maybe you like gay bars, but they are not on my "to do" list.
I heard about you Greeks....
Now, as I said before, go back and sit in the corner, eat another can of your expired inventory, and take solace in the fact that you were screwed harder, deeper, and longer by JGS, than anyone else connected to this SIMMONDS SERIAL FRAUDSTER, period.
Your life's work ended in bankruptcy, and you are too old to start anew. You didn't get squaduche from JGS, and you are now left to clean up the mess. Any assets you have left will be sucked up by D&F to pay back RBC, and you will die penniless and destitute.
I actually feel a little sorry for you, as you lost everything betting on the worst serial fraudster ever, JGS. He got down from his white horse and repeatedly raped you, and you loved every single minute of it.
SIMMONDS makes Madoff look like a choir boy, and you are still a colossal idiot!
Mr. McGoo....
You are an idiot!
No go back to your cardboard box and open another can of your expired inventory, fill your yap, and be still.
If you are PG, your ass got gaped by JGS, and you will be lucky to have 2 nickles to rub together when it's finally over.....
Loser idiot....I think you secretly are a flamer, who is in love with JGS.
Good news, gay marriage is legal in Canada, so you are free to make your nuptials public. In any event, John will need to get used to "taking it", because where he is going, he will be married to bubba in no time.
Drive on loser, drive on!
Also, Mr. McGoo, if SIMMONDS is the modern day Tom Vu, he will be married to bubba soon, tossing salad like a sous chef, and puckering up until he can no longer make a sound when farting.
Couple this with being penniless, having his trust fund(s) looted, when he is finally let out of prison, this is a complete picture of what I hope the future looks like for this SERIAL SIMMONDS FRAUDSTER!
Pucker up Johnny Boy, bubba's calling you - cream puff!
Mr. McGoo....
I was never offered a job to work for John. I Am, however an investor. That means that I parted with cash in exchange for shares in the SIMMONDS empire. I also own 100's of other companies stock as well. The difference is their management teams work hard everyday to generate shareholder value....whereas SIMMONDS is only interested in FRAUD / THEFT / DECEPTION, LYING, CHEATING, AND STEALING whatever he can get his grimy fat little hands on.
You are only focusing on the SIMMONDS SHILLER / LOVERS that were employees / biatches. What about all the countless others who were burned? (Shareholders, PG - possibly you, pensioners, etc.)
If you really are PG, than you got screwed worse than all of us combined. You lost control of your food empire, but we're never paid the 2.5M$ by SIMMONDS. You were then DEFRAUDED out of MILLIONS of dollars, by SIMMONDS FRAUDSTERS, and you now will recover absolutely squaduche.....truly SAD, REALLY, because at your age, starting from scratch again will be impossible, life ending journey.
You (assuming you are PG) were also captivated by the BS yarn of a story told to you by SIMMONDS, as he rode in on his white steed, sword in hand, ready to relieve you of your life's work, dignity, cash, and all future dreams and hope.
SIMMONDS is a FRAUD, a CHEAT, and a liar, it really is simply this fact!!!!!!!!
No go back and open a can of your expired inventory, fill your yap, and be happily quiet.
DO NOT CLICK ON THIS LINK!
This is an IP grabber site.....so now we know that dmax2014 is really Mathew SIMMONDS!
You will expose your IP address, which could make you vulnerable to a hack job.......
What a POS move SIMMONDS.....
Hey MORON,
At least post a URL that resolves to a website.......
IDIOT!
SIMMONDS FRAUDSTER didn't provide any representation or counsel at today's motion hearing.....surprised, HARDLY.
He has the cash, could care less about his tattered reputation I guess.
What a POS!
I wonder how the FRAUDSTER SIMMONDS will respond today (if at all) to the motion hearing in court re: Goudas Bankruptcy?
Also,
It should be any day now, that ACSX is delisted for not filing year end financials.
What are we doing to expose this dude to the authorities? I have already contacted the SEC, and given them all of my documents (sub agreements), cancelled cheque, as well as the email correspondence received from Carrie regarding the deal.
What have others done?
Hey trashman, do you think the writing style of dmax2012 and dmax2014 look a lot like Mathew Simmonds? Or could it be Carrie Weiler, or Jason Williams, or Rubea Altos, or Michael Greco, or any other SIMMONDS shiller / lover that had "inside" knowledge.
The people above, under the guise and direction of John Graham Simmonds solicited much investment dollars from hard working people like me, took their inflated salaries (at least for a little while until SIMMONDS stopped paying them), but failed in every way to prevent this colossal multi faceted FRAUD. You were enablers, used by JGS like toilet paper, soiled, then discarded, when your usefulness was deemed by him to be zero.
In the case or Rabea and Michael, this day hit the minute you ran out of contacts to convince that this "investment" was a really good idea. You collectively raised a few M$ for JGS, but were discarded like a used snot rag once your network was tapped out. How do you feel now? I autumn you have a conscience, so you must feel some guilt.
If they (any one of you) had any ounce of decency left, you would contact your local authorities (police / RCMP / SEC) and tell them what you know, before the local authorities implicate you in this FRAUDULENT $hit show.
This would be the honourable thing to do. I am virtually certain that JGS is not smart enough to pull this off alone, he must have had some assistance from the people mentioned above. This was NOT a sophisticated CON. There wasn't even an attempt made to cover up the tracks of the guilty. It is like JGS feasted and binged on investors, RBC, pensioners with reckless abandon, like a fat, greedy little pig, and none of you did anything to thwart his lust for FRAUD.
I appeal to the moral side of these individuals, as there were many lives financially compromised, and some ruined by the actions of this FRAUDSTER. This trust fund baby needs to pay for his actions. If we all do a little, JGS will pay for this FRAUD.
Please do the right thing soon, so the real truth about this FRAUD can be seen and heard by all who are unfortunately connected to it.
A guy that $hits more credibility on a daily basis that you could ever hope to have....I think YES!
Moron, pu$$y, lo$er, idiot!
Hey D.Bag,
You are a moron, like your sidekick dmax2012.....no original ideas for a name.....nothing of any value to add, just shilling for the JGS clan, like a third testicle....
I'll bet your the type of dude that needs to look at your drivers license to reacquaint yourself with your name on a daily basis.
I know why you don't have any time. If I was party to a colossal FRAUD, and related to the perpetrator, I would spend my days diverting and scheming on who I could possible throw under the bus.....
Get a life idiot!
You are a D.Bag....like your father!!!!
What a D.Bag.....
I hope that when bubba curls up at night to old Johnny boy, he has that exact same $hit eating grin on his face!
If the suit launched recently against the Goudas auditors is JGS's idea of a counter claim....PLEASE, spare us all!
You stole the cash JGS, why blame anyone else for the foundation upon which you build your flimsy house of cards!
Ok,
Yet another idiot that can't seem to come up with an original name. If I was to guess, I would think that the same D.Bag that decided on dmax2014, is the the same D.Bag that is now attempting to cloud the real issue by posting as dmax2012.
I am really flattered SIMMONDS shiller / lover / relative / ?????....NOT D.Bag!
The real issue is simply this!
If BLVD (BHI), ACSX.....insert shell company name here....had just "passed" on the opportunity, and not "consummated" the deal to buy Goudas, RBC would only be out a couple of million $.
BUT,
SIMMONDS "got involved", and as such pilfered the piggy bank, apparently to the tune of 13M$.....and now it is Goudas auditors FAULT.....HARDLY!
This does jack squat to determine real fault. All this frivolous law suit attempts to do is to detract from the real thief.....JGS.
This still doesn't explain the millions raised from investors who weren't issued stock, the many more millions that were looted from Goudas RBC credit facility, or the 300k that was stolen from pensioners re: 2015 advance payment of golf memberships.
This is pure smoke and mirrors launched by a desperate dude, or his supporters, clinging to a fabricated corporate life, trying to pin a tail on a donkey.....
SIMMONDS, you are the donkey, I hope you receive your day in court!
"I'll chill frankly" when you, and other SIMMONDS shillers / lovers acknowledge that this charade had no chance of success, and you stop patronizing the investor like we did something wrong!
Call a spade a spade my friend, this guy was a FRAUDSTER, and a greedy little pig!
Mr. McGoo,
John took cash from honest investors, of which I am one. When we make investments in companies, sometimes they don't all work out as planned, this is the risk we take. There are usually different reasons why they all don't pan out. Most of the time, it's due to market timing, market adoption of the product or service, or other reasons beyond the management teams control.
SIMMONDS took investment cash with the expressed knowledge that it was never going to work out. He stole after tax investment money from hard working people like me, knowing full well that this was a scam from day one. How do you explain the blatant FRAUD, oozing out of every pore, with every single deal he supposedly did, with every single connected transaction?
This $hit show didn't stand a chance from the first penny in. Then, this FRAUDSTER continued to perpetrate more FRAUD, culminating in the death of several companies (Goudas, Direct Reefer, others), the abandonment of a couple of public shells (PFSF, ACSX), the looting of 8M$ from Goudas RBC facility, the stealing of golf memberships from pensioners, and on, and on, and on.
By my estimation SIMMONDS raised 3-4M$ from investors, stole 8M$ from Goudas, another 300K from pensioners.....all within 18 months. The daily kangaroo court he held in his office was a total farce I've been told, and people ate it up....
If you didn't get burned, you are lucky. If you did, you must have more patience than JOB, and more money than GOD!
Tell Johnny boy that I am making it my life's mission to ensure that he pays for his FRAUDULENT actions and that, more importantly, he is prevented from EVER scamming anyone again. This dude is a pathological liar, and has no conscience whatsoever. this is the third time he has pulled this BS. I want his trust fund looted the way he looted others. Am I making myself clear, moron????
Mr. McGoo....you said, and I quote.
"Like John would say "I AM WORKING ON IT AND SHOULD HAVE SOMETHING SOON"
Remember John is a genius according to Mr Scully."
PLEASE, spare us all the remedial education!
If you believe 1% of the above statement, you are a colossal moron. If John is a genius, Dr. Evil is real, and the world is for sale for 1M$....
Now, like the other SIMMONDS shiller / lover, go sit back down in your masters lap....moron.
Oh, I see....SIMMONDS steals your entire life's work, Peter, and the only retort you have is a video of you bathing a stray cat!
No wonder SIMMONDS was able to rob you blind....You deserve everything that has happened, and is yet to come!
If you think SIMMONDS is going to give you back your looted cash, you are a dreamer. Your company is already GONE......Go buy a lottery ticket, you stand a much better chance of "winning".....IDIOT!
First of all, these are not allegations, they are cold hard facts!
You choose not to read the factual documents because you are an idiot, or a relative, or a ?????. I didn't make this up, I carefully read the evidence as is has been presented, from both sides, and have drawn a logical conclusion based on a thorough review.
Why would Duff & Phelps make up the story about SIMMONDS initiated fraudulent transactions in their most recent receiver report to the judge?
Why hasn't John SIMMONDS publicly and with sufficient factual detail refuted their position?
They (D&F) are bound by obligation to report only the facts, without emotion. They have no dog in the fight, other than to figure out where the money went, and to try to get it back on behalf of RBC, the secured creditor.
You are obviously biased to SIMMONDS, and therefore refuse to review any factual details. This makes you an ignorant idiot, who simply spouts off, without any real opinion based on the factual information presented. I am not wrong, D&F are not wrong, the folks who paid for stock and didn't receive it are not wrong, and the pensioners who were duped out of their 2015 golfing fees are not wrong.
No go back to your masters lap and sit down, little doggy!