John had a vision alright....but it wasn't to build something. It was to steal everything. How do you explain John Simmonds looting (outright stealing) from Goudas credit facility 8M$ and sending it to all of his other "investments" like trucking companies, golf courses, his own pocket, etc. If John truly had "noble intentions" surrounding building an ethnic food powerhouse, he would have left the Goudas credit facility alone to do just that. He would have built it, rather than tear it apart. The real problem is inept management, and that starts and ends from the top down. He never wanted a thriving operating business, he wanted Goudas cash, and he falsified many documents to the RBC to get his greedy fat little hands on it.
READ THE F$&KING INFORMATION PRESENTED so that you can render an unbiased opinion. These documents are factual, true, legal, and accurate. If SIMMONDS had a defence beyond "it wasn't me" don't you think we would have all heard it by now. This is serious $hit!!!!! His reputation means nothing to him because he is a greedy little SOB.
You are correct regarding his cronies, their high salaries, fancy cars, and questionable work ethics. BUT, it is the sole responsibility of the CEO to decide these factors, and hold them accountable. He was more interested in kiting cheques, stealing cash, stiffing investors, and wrecking people's lives, rather that building anything.
To render your own opinion, read the information presented in this forum. We didn't simply wake up one day and "invent" this stuff. These are facts published in the public domain. Simmonds can hide no more behind a "it wasn't me" defence when his dirty, greedy, grubby, fat little hands are all over this $hit show, from start to finish.
What about investors that paid for stock but got none. I call this FRAUD!
What about pensioners who paid SIMMONDS for golf memberships in the fall, but received nothing. There are no courses open this spring....I call this FRAUD!
There is also a pattern of behaviour here that is MOST DISTURBING. He has done this on (3) occasions over the last (5) years, and walked away from each instance, unscathed. I am making it my mission to ensure that this time, he feels the wrath of the requisite authorities so that there is absolutely no chance of a fourth time repeat performance. He is a joke of a CEO, a FRAUDSTER, and he must be stopped at all cost! He has ruined people's lives, and he could care less. Doesn't this bother you?
News 
Market Data 
Discover 
