John M Carr – Steve Crow and 149,900 Eden Digital Ltd porn XXX shares

On Sunday 31 January 2010, the directors of hardcore porn company Eden Digital Limited issued 149,900 shares to porn mother company – CVC Group Limited – which already owned it. The CVC Group now owns all 150,000 shares. “Porn King” Steve Crow and John M Carr (see photo links) are directors of both companies.

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

They have not supplied to the Registrar of Companies a share issue certificate signed by both directors of Eden Digital. It certainly does not appear on the Companies Office website as of 19 February 2009. The Companies Act 1993 states:

Part 6: Shares and debentures

43. Notice of share issue

“(1) The board of a company must deliver to the Registrar for registration, within 10 working days of the issue of shares under section 41(b) or section 42 or section 107(2) of this Act, a notice in the prescribed form of the issue of the shares by the company.”

(2) If the board of a company fails to comply with subsection (1) of this section, every director of the company commits an offence and is liable on conviction to the penalty set out in section 374(2) of this Act.”

Sections 47 (1) to 47 (5) of the Act deals more fully with the requirement of a signed directors’ certificate  to be supplied to the Registrar within 10 working days.

Steve Crow made an on-line entry on 16 February 2010 recording the share issue numbers but no share certificate was registered. Both directors are liable of a fine not exceeding $10,000 if convicted of an offence under s. 43.

Given that the National Enforcement Unit of the Companies Office has failed to make any contact with Mr John Malcolm Carr via any of his registered company office, residential or shareholder addresses listed on the Companies Office website – and they have been trying to do so since early August 2009 – it would seem that Mr Crow IS able to.  We at least assume that a “Mr John M Carr” was consulted directly by Mr Stephen Peter Crow regarding the 149,900 share issue. Perhaps not. He may have done the consultation via Mr Carr’s solicitor Alan Bevin McKay of Checketts McKay Law firm, Cromwell, as Mr Carr is unavailable.