The PRESIDENT, SILVERBACK CAPITAL, DAVE SIMMONS, HAS NOT SHOWN RELIABILITY OR ACCOUNTABILITY IN HANDLING CLIENT FUNDS.
The Chief Executive Officer, of Nonna Homes ADU Construction, Dave Simmons was also the CEO/CFO of NONNA ADU AND CONSTRUCTION INC. ,AKA, NONNA HOMES ADU CONSTRUCTION IN SACRAMENTO, CA. iN DECEMBER 2025, DAVE SIMMONS LEFT THIS COMPANY WITH $950,000.00 OF UNPAID INVOICES TO CONTRACTORS AND CLIENTS ON THE ADU PROJECTS.
THE CLIENT TRUST ACCOUNTS ON THE CERUM ACCOUNTING FOR THE CLIENTS WAS DEPLETED OF ALL FUNDS AND THERE ARE OVER 30 PROJECTS THAT CANNOT BE COMLETED DUE TO THE FUNDS NO LONGER IN THE NONNA HOMES ACCOUNTS FOR COMPLETION OF THE CONSTRUCTION.
THE PROJECTS, AND THE CLIENTS WERE ABANDONED WITHOUT RESOLVE OR COMPLETION.
IN LIGHT OF THIS OCCURRENCE, ALL EMPLOYEES WERE FORCED TO GO HOME ABRUPTLY ON DECEMBER 23, 2025. MANY OF THE EMPLOYEES WERE NOT PAID THEIR FINAL PAYCHECK, PTO, EXPENSES, AND COMPANY CHARGES THAT WERE CHARGED AGAINST THE EMPLOYEE.
CLIENT FUNDS PAID INTO THE COMPANY WERE IN THE MILLIONS AND THERE IS A MULTITUDE OF INCOMPLETE PROJECTS AND STRANDED CLIENTS WITHOUT THEIR FUNDS TO COMPLETE THEIR PROJECTS AND NO CONTRACTORS WILLING TO DO FURTHER WORK ON THEIR PROJECTS SINCE THEY WERE NOT PAID FOR PRIOR WORK.
**********MORE INFORMATION IS AVAILABLE ON THE CSLB CALIFORNIA LICENSING BOARD FOR NONNA ADU AND CONSTRUCTION INC, AND NONNA HOMES ADU AND SOLAR CONSTRUCTION IN RANCHO CORDOVA, SACRAMENTO AREA, CA **********ADDITONALLY, MORE INFORMATION IS AVAILABLE ON THE FACEBOOK REVIEWS AND FOCUSED FACEBOOK COMPLAINT PAGES FOR NONNA HOMES ADU CONSTRUCTION WHEREBY EXISTING CLIENTS DISCUSS THE LOSS OF PROJECT FUNDS, INCOMPLETE PROJECTS AND ABANDONED PROJECTS BY THE CONTRACTORS FOR NON-PAYMENT OF CONSTRUCTION INVOICES
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