@is...(put something here)
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Caymans? Maybe we should see if he is in the Panama Papers?
No. Have you tried to contract Simmonds or the person who got you to invest with him in the first place?
Is he not up in King City running his empire with the rest of his "team"? Does anyone actually still work for Simmonds? Is anyone still on his payroll?
Things have been pretty silent here lately. Has anyone here been able to write off their "investment" as a Capital gains loss for tax purposes? It's kind of hard when you actually don't have any shares issued to you by the company you supposedly invested in. I'm interested in Canadian taxes but I have friends who invested from the US who would probably also be interested in a US persepctive as well.
Did you ever actually get your "certificates"? If not, what excuse were you given for not getting them?
Can't be any worse than Harper
I'm not a lawyer but it appears as if Simmonds is now officially on the hook for the money it was "loaned" by RBC http://www.ksvadvisory.com/assets/Uploads/insolvency-case-documents/Goudas%20Food%20Products%20and%20Investments%20Limited%20/Receivership%20Proceedings/Court%20Orders/Endorsement%20dated%20June%2029%202015.pdf
I guess I can kiss my 10K goodbye.
Why are so many messages being deleted on this board? A recent message that I replied to was deleted for no apparent reason. Only posters asking questions about Simmonds or are critical of the company are being deleted.
Can't agree more.
Umm, has someone gone off their meds. This is just getting weird.
Has anyone heard from Simmonds lately? I've emailed him and left messages quite a few times over the past few weeks and have heard nothing back. Just wondering what his tune is now.
I can't agree more. Any suggestions on a strategy of either pushing these individuals to turn in Simmonds or (if they are still enabling him) to do something on our own?
The funny thing is it appears as if Simmonds never actually paid Peter Goudas (PG) for the company and that PG received the same shares as all the rest of us did--nothing. A sworn affidavit by PG can be found in the Duff and Phelps documents where he describes Simmonds as a "serial fraudster". http://www.duffandphelps.com/intl/en-ca/Pages/RestructuringCases.aspx?caseId=1016&fileGuid=ea057a2c-2701-470a-a5a4-e4f7da00e0e6
See pages 9-24 (especially pages 14 onwards).
Who encouraged you to invest and what are they now doing about it? I'm very pissed at the individual who got me to invest in this scam as they still appear to be drinking the cool-aid while on Simmonds' payroll. They also parrot every Simmonds excuse for the undelivered stock certificates. Does anyone else have a different experience or, perhaps, were we all brought into this by the same individual?
Has anyone been in contact with the person or people who encouraged them to invest with Simmonds? If so, are they still shilling for Simmonds or have any of them now singing a different tune?
Care to provide any proof that Simmonds is anything but a fraudster? IF he is on the up and up how about I sell you my stake in Simmonds?
I'm also wondering about this as I also don't see any signs of shares being actually traded.
I was also wondering if anyone has talked recently to any Simmonds insider who encouraged them to invest in this "company" and what they are now saying.
Do you think Rabea now realizes that Simmonds is a crook? Also, Vertility Oil and Gas seems to have been loaned quite a bit from RBC in the Goudas pilfering. Who actually received that money? Wouldn't you think it a bit strange that an oil and gas company (that doesn't appear to have any actual contracts) is suddenly billing a food company for 6 figures?
I really don't know what to think about all of this, but I am annoyed that Rabea doesn't seem all that concerned that we got swindled, still appears to be enabling J. Simmmonds, and spends all his time on his political activities. At the very least the honourable thing to do would be to cut ties with Simmonds and personally apologize to all the friends and family members who he encouraged to invest in this "company".
I got my stock through someone whose initials are R.A.
I don't think dmax13 was referring to you but to dmax14 who obviously created the name to annoy dmax13 and confuse readers of this board.
I'm with you on Simmonds being held accountable. I "bought" shares through someonw working with Simmonds and never received my stock certificates--just a letter that the tradeable shares would be put into a holding company. How did others here who supposedly bought ACSX stock buy theirs?
I'm not sure if any of you have been following the Goudas litigation, but a lot if info can be found here. http://www.duffandphelps.com/intl/en-ca/Pages/RestructuringCases.aspx?caseId=1016
Care to elaborate on this--i.e. RCMP and local cops?
Please keep us informed on what is up with this stock. Myself and a few others bought some of this "stock" from Simmonds and never got our stock certificates.
Where did you find the most recent information on the delinquent filing?