New Zealand Companies Office records show that on 9 November 2004 John M Carr CPA, a company director residing in the United States of America, acquired all 50,000 shares in Cheyenne Insurance Company (NZ) Limited of which he had been sole director since 24 May 1991 (It was incorporated on 26/07/90). Prior to the share transfer and as far back as at least 17 April 2001, Angelika Carr held 49,999 shares and BBS Employment Plans Inc., a Florida registered profit corporation with John Malcolm Carr CPA as Principal and Director, held the remaining one share (the latter corporation was dissolved in 1994).
See: US-based critic of economy [John M Carr CPA] has lots more to say
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=154653
See photos of John M Carr:
Photo 1: http://www.carr.co.nz/images/jmc.jpg
Photo 2: http://www.bankler.com/AboutUs/JohnMCarr/tabid/130/Default.aspx
Photo 3: https://www.linkedin.com/in/johnmalcolmcarr
While residing in the United States, John M Carr recorded Cheyenne Insurance Co. (NZ) Ltd in his Annual Returns on the NZ Companies website, up to and including the 7 June 2004 record, as owned by a bona fide New Zealand resident majority shareholder (Angelika Carr, his wife) by connecting her name to the company’s “virtual office” in Remuera, owned by a company in which his Attorney – Alan Bevan McKay – had and still has a financial interest in. (The Companies Act 1993 requires that all shareholders and company directors record their true residential addresses on annual records).
On 26 June 1997 John M Carr incorporated a New Zealand registered company Lookout Estate Ltd with a view to subdividing a large block of land in Alexandra known as Lookout Estate and sell it for profit. He owned and directed this company until it was struck of the Register of Companies on 20 November 2007 and there is no trace on the public record of this company ever having owned any land.
So far about 5.5 million dollars worth of the estate (31 titles) has been sold off by his company Cheyenne Insurance Co. (NZ) Ltd and only 2 of the remaining titles on Lookout Drive, Little Valley, Otago, are yet to be sold. They are currently owned by his company Cornish Point Development Ltd and John M Carr is currently marketing these via an attractive website hosted outside New Zealand (www.lookoutestate.com) while he resides somewhere in the United States (address unknown).
See: http://www.lookoutestate.com/prices.htm
Former major shareholder of Cheyenne Insurance, Angelica Carr was recorded on four consecutive company annual returns (2001-2004) as residing at 14/31 Greenlane Rd, Remuera, Auckland. The 2001 and 2002 returns state that she did not reside ordinarily overseas over any 12-month period during 2000 or 2001. From the 2005 annual return onwards the new owner of the company John Malcolm Carr recorded his New Zealand residential address as the same Greenland Rd, Remuera address. However, at the same time both he and Angelica are recorded as residing in the United States.
The evidence points to the company having been foreign-owned for NZ tax purposes since at least 2000. (A person who resides outside of New Zealand for more than 183 days over any 12-month period cannot be classified for tax purposes as a NZ resident. Any NZ registered company they own while being a non-resident, is deemed in NZ tax law to be owned by a foreign “person”).
Cheyenne Insurance Co. Ltd is not an insurance company. It is first and foremost a property development company. It is owned by John Malcolm Carr, who says he was born in Chicago, (see his website – www.johnmcarr.com), currently lives in the US and holds both New Zealander and US citizenship. He operates his extensive company operations in New Zealand through an authorised solicitor/Attorney/agent, Alan Bevin McKay, partner in Checketts McKay Law Firm Ltd of Cromwell, an operations officer Deirdre Coker of Bannockburn and various other individuals.
As noted, Lookout Estate Limited, owned and directed by John M Carr, was struck off the NZ Register of Companies on 20 November 2007 because its 2007 annual return, due in July 2007, had not been filed. Two properties from the Lookout Estate are currently being marketed by John Carr via his website (www.lookoutestate.com) ….recorded 14 May 2010
[see: http://www.lookoutestate.com/main.htm] which states:
Unique Lifestyle Development Blocks
“Overlooking the Manuherikia River, this delightful subdivision is being developed in harmony with the surrounding environment.
“Privacy, security and an extraordinary relaxed pace are enhanced by a climate with low rainfall (approximately 13 inches annually) and a sparkling clear atmosphere.
“Just a few minutes stroll or drive across the Shaky or Rail Trail Bridges from Alexandra, which has a population of approximately 5,000 family and retired people, is located about one hour from the international resorts of Queenstown and Wanaka.”
31 Titles are currently listed as having been sold from the Estate for between $139,000 and $250,000 (Lifestyle Block Areas 800 to 4,200 sq. metres). The contracts based on sale & purchase agreement went unconditional on 13/03/06 with ten titles issued in 2 August 2007.
The two titles are still for sale (Contact person listed John Carr) are Lot. 18 (1470 sq m DP 388053) and Lot 20 (1288 sq m DP 388053). Both are advertised for $189,000 and are owned by Cornish Pont Development Ltd which is directed and 100% owned by John M Carr.
It is noteworthy that Cheyenne Insurance has also been prior owner of three titles in North Auckland: 18, 18A and 18B Harley Road.
Darryl John Fletcher, “Solicitor of Alexandria” was appointed co-director of Lookout Estate Limited on 26 June 1997. John M Carr was designated “Governing Director” in 2000. In his Annual Returns for Lookout Estate Limited for 2000 and 2001 Mr John M Carr was designated “Governing Director”. Both directors confirmed that 25% or more of the Shares linked to voting rights were held by a person ordinarily outside NZ. This was a clear confirmation that John M Carr indeed did reside at 11107 Wurzbach Suite #405 San Antonio Texas, US over this period.
He held all 25 shares and was living and working in this US location which on his website he calls his “home office”. Then in the 2002 annual return registered on 5 August 2002, Mr John M Carr changed his answer to “NO” on the question of foreign-owned shares, despite continuing to reside primarily in the US and holding all the company shares. Darryl John Fletcher resigned as co-director.
see: http://web.archive.org/web/20100514192851/http://lookoutestate.com/
(Recorded 14 May 2010)
APPENDIX
John M Carr is marketing his company’s South Otago lifestyle blocks on a website hosted in the United States of America (www.lookoutestate.com). The website domain name is owned by the NZ-registered company Cornish Point Development Ltd, owned and directed by John M Carr. [see: http://web.archive.org/web/20100514192851/http://lookoutestate.com/]
alliedsurety.com is a domain controlled by two nameservers at orcon.net. They are on the same IP network. Incoming mail for alliedsurety.com is handled by one mailserver at alliedsurety.com themselves. alliedsurety.com has one IP number. [John M Carr’s company websites] bbstax.com, johnmcarr.com, lookoutestate.com and at least two other hosts point to the same IP and also shares nameservers. bbs.co.nz, vixen.co.nz [Vixen is Steve Crow’s hardcore porn business], mail.bbs.co.nz, mail.bbstax.com and at least 32 other hosts point to the same IP. pex.com.au [Pex is directed by John Carr] and at least 27 other hosts share nameservers with this domain. mail.alliedsurety.com are subdomains to this hostname. alliedsurety.com is hosted on a server in United States.
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