The ASB Showgrounds in Auckland has allowed a failed hardcore porn company that has been declared insolvent and consequently placed into liquidation on 27 May 2009, to organise a three-day porn promotion sleaze event where all cameras, videos and ptx phones are banned.
(see: http://www.bvents.com/event/166191-erotica-lifestyles-expo ).
Any person[s] found within the venue taking video or still images will immediately be thrown out from the porn fest says big boss Porn King Stephen Peter Crow (Steve Crow) and all images recorded will be forcibly removed.
The Society is asking: Why has ASB Showgrounds management allowed a company in liquidation to enter into such an arrangement? Some media commentators predict it will attract no more than a few hundred people with a sexual dysfunction or those seeking titillation from porn sleaze and extravagantly priced sex toys or seeking AIDS for the impotent or promiscuous.
Liquidator, Lloyd Hayward of Accountants Meltzer Mason and Heath, in his report dated 3 June 2009 and available on the Companies website, states that Malibu Media Ltd (In Liq) (formerly Erotica Expo Ltd) owes unsecured creditors and shareholders $145,665 and $18,649 to IRD. He reports that the company Steve Crow directed failed mainly because of very poor attendances at the most recent Erotica Lifestyles Expos held in Wellington and Christchurch (see Co. No. 1275425 www.companies.govt.nz). These debts together with those of three other porn companies that were directed by Steve Crow, all of which have been placed into liquidation, amount to over 1.3 million dollars. The Liquidator has confirmed that there is nothing left for creditors.
Currently there is no registered company by the name “Erotica Expo Ltd”. Crow changed the name of the company he directed – Erotica Expo Ltd (Co. No.1275425) – to Malibu Media Ltd, on 1 May 2009, one month before it was placed in liquidation; no doubt to try and hide the financial failure being linked to the brand name “Erotica Expo Ltd” which he continues to use in breach of the Companies Act 1993.
ASB Showgrounds management have allowed an event to be staged that could place all those individuals, organisations and companies that supply goods and services to the forthcoming three day porn sleaze show, at serious financial risk, should the show run at a huge loss. Creditors, both secured and unsecured, would have no legal comeback against an unregistered company running or staging the event. To do work for a company that is currently in liquidation is financial stupidity. Furthermore, given the huge financial failure of the last few Erotica Expo run by Steve Crow, one would have to be either naïve, stupid or desirous of financial suicide, to work as an employee, contractor or provider of services to such a company.
Just because an event organiser boasts he has a website featuring porn stars and titillating claims of a few event successes (ignoring the failures), this does not make the event to be staged one that is organised by a legitimate legal entity such as a registered company. It is a serious offence against the Companies Act 1993 for a director of a company to trade under a company name when it is in liquidation. It is a serious offence to use the name of such a company in any contractual agreement or in any form of advertising.
Auckland Savings Bank management, who approved the branding or naming rights of the ASB showgrounds, would no doubt be appalled to learn that showground management have entered into an agreement allowing a hardcore porn promo company in liquidation to be the organiser of a three day porn-fest at this venue. Words like fraud, con artist, scam and business corruption come to mind when one contemplates such arrangements.
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