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blvd holdings inc (BLVO) Details

A.C. Simmonds and Sons Inc. primarily supplies food products in Ontario and Western Quebec. The company offers approximately 600 branded products in various grocery categories to supermarket chains and neighborhood stores. It provides food products primarily for the Chinese, South Asian, the Caribbean, Filipino, and Arabic communities. The company also undertakes projects in the oil well services, pipeline, power generation and distribution, water and wastewater, petrochemical, refining, and equipment process technology industries. It has strategic alliance with Gemoscan Canada, Inc. The company was formerly known as BLVD Holdings Inc. and changed its name to A.C. Simmonds and Sons Inc. in April 2014. A.C. Simmonds and Sons Inc. was founded in 1918 and is headquartered in King City, Canada.

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blvd holdings inc (BLVO) Key Developments

A.C. Simmonds and Sons Inc. Announces Resignation of Jonathon Szczur Has Resigned as the Chief Financial Officer

Effective as of January 23, 2015, Mr. Jonathon Szczur has resigned as the Chief Financial Officer of A.C. Simmonds and Sons Inc.

Gemoscan Canada, Inc. Forms Strategic Alliance with A.C. Simmonds and Sons

Gemoscan Canada, Inc. announced that it has formed a strategic alliance with A.C. Simmonds and Sons. The Alliance will focus on corporate and business development initiatives focused around Gemoscan's previously stated goals of leveraging its patented intellectual property and proprietary processes to become one of the integrated platforms in the rapidly growing multi-billion dollar North American consumer based healthcare market. The Alliance will help the Company to further expand its position in the health and wellness industry, with a particular focus on natural remedies and treatments.

Gemoscan Canada Seeks Acquisitions

Gemoscan Canada, Inc. (TSXV:GES), which is creating alliance with A.C. Simmonds and Sons Inc. (OTCBB:ACSX), is looking for acquisitions. The company indicated that among other considerations, the alliance will seek to identify and sufficiently capitalize Gemoscan in order to acquire businesses and enter into strategic partnerships that may represent immediately accretive sales while functioning as organic channels for Gemoscan's patented medically supervised diet-related wellness programs in Canada and the United States.

 

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Valuation BLVO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 149.6x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 149.5x
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