The SERIAL SIMMONDS FRAUDSTER is a total low life POS, and he could care less about the cash he has taken from innocent hardworking people. I heard he also pulled the same scam with another Penny stock PFSF (Pacific Software). That POS has gone dark, and it consolidated 10 for 1, from .50 to $5...BUT....most of the equity was printed and given to him directly in exchange for some BS FRAUDULENT oilfield services business that didn't REALLY exist.
This was done so that he can probably sell the PFSF shell to some other scammers that lurk on the OTC for undisclosed cash.
I don't know how he lives with himself, other than he is a pathological liar, a con artist, and will eventually end up in hell, side by side Hitler as the Devil gang rapes his ass repeatedly.
I think this fate is far too lenient for someone who has screwed over 1000's over the years, in many, many penny stock scams, without any retribution whatsoever thus far!