Well said, SaltNoPepper.....
There are probably a lot of SIMMONDS shillers / lovers on this board, but rest assured you and I are not!
If Mr. McGoo or whatever he calls himself is really Mr. Goudas, then he is also in a pile of trouble, because I assume that although he gave SIMMONDS the keys to the kingdom (signing authority), he is still on the hook to RBC credit facility with personal guarantees. Once they (RBC) realize that their cash is long gone (stolen by SIMMONDS) they will grind Mr. Goudas (or if you prefer Mr. McGoo) into a pulp, while SIMMONDS sits in a beach somewhere sipping piña coladas, caring less and less with each passing moment!