On 27 August 2008 Brass Magazine Ltd, directed by John Malcolm Carr (see photo links below), was put into liquidation by order of the Auckland High Court. It published the hardcore porn magazine BRASS. One of the company’s creditors, PMP Maxum Ltd, was the applicant to the Court that successfully forced the liquidation of the company – a process that ended on 27 August 2009 when the company was struck off the Register.
John M Carr CPA of CarrConsultingPA
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
The purchase of all the shares of Brass Magazine by CVC Group Ltd, co-directed at the time by John Malcolm Carr (appointed director of CVC Group on 3/12/07 and currently its sole director), was registered on 28 March 2008. (Stephen Peter Crow and Shirish Daddaram Vagal, the other two directors of CVC Group were appointed on 29/11/05 – and both resigned in May 2010). [Incidently, PMP was the same creditor to the High Court that successfully forced porn company Eden Media Ltd, directed by Steve Crow, into liquidation on 21 May 2009].
Brass Magazine Ltd was incorporated on 9 January 2007 by John Malcolm Carr, who became its sole director from that date until the company was forced into liquidation on 27 August 2008 and later struck off. It was fully owned from the time of its incorporation by Electronic Published Ltd, a Company directed solely by John M Carr.
All of Brass Magazines Ltd’s shares were subsequently purchased by CVC Group Ltd – the share transfer was first registered on the Companies Office website on 28 March 2008.
CVC Group Ltd, at the time the share transfer was recorded, was therefore co-directed by Steve Crow, John M Carr and Shirish D. Vagal and Brass Magazine Ltd. A NZ Herald report (see below) suggests that CVC Group Ltd bought the shares in November 2007, just before John M Carr was appointed director of CVC Group Ltd on 3 December 2007.
It was Crow as the NZ Herald report states, who moved the magazine’s content from soft porn to hardcore porn over the period November 2007 to June 2008.
Brass Magazine New Zealand Ltd (name changed to Holding Company 666 Limited on 5 April 2007).
John M Carr’s websites presents a confusing set of facts concerning the history of Brass Magazine New Zealand Ltd (Co. No. 1806536) – which is a different company to Brass Magazine Ltd (Co. No. 1897517). Carr states:
“In April 2006 Brass Magazine New Zealand was purchased by Electronic Publishing Ltd. Brass is a complimentary business to Pex in that programming and design elements, in addition to office sharing will be beneficial to both companies.” See: http://johnmcarr.com/profile.htm and http://www.bbs.co.nz/profile.htm
Carr specifies the exact date of this purchase of “Brass Magazine New Zealand Ltd” as “April 1st, 2006”. http://johnmcarr.com/curriculum.htm
However, Brass Magazine New Zealand Ltd (Co. No. 1806536) was not even an incorporated company until 3 May 2006 and it was at that time Electronic Publishing Ltd, directed by John M Carr purchased 333 (33.%) of the shares.
Brass Magazine NZ Ltd changed its name to Holding Company 666 Limited on 5 April 2007 and it was struck off the register 21st July 2009 after failing to supply the Companies Office with its Annual return for 2008. John M Carr was a co- director of this company along with Kim Dinneen and David Gray and had financial interests it it via Electronic Publishing Ltd, a 33.3% shareholder (he was the sole director of Electronic Publishing).
John M Carr resigned as director of Brass Magazine NZ Ltd on 21 July 2006.
John M Carr’s incorporation of Brass Magazine Ltd (Co. No. 1897517) on 9 January 2007 is highly questionable given that he must have known at the time about the existence of Brass Magazine New Zealand Ltd (Co. No. 1806536), because the latter was 33.33% owned by a company he directed (Electronic Publishing Ltd).
As the sole director of Brass Magazine Ltd, Mr John M Carr failed to suppy an Annual Return for his company to the Companies Office. And yet he sold the company on to CVC Group Ltd, prior to it being put into liquidation by its creditor and then climbed on board CVC Group as director on 3 December 2007, apparently after the sale of all the shares.
The Liquidators of Brass Magazine Ltd, Damian Grant and Steven Khor of Waterstone Insolvency, note in their reports that director John Malcolm Carr was “not available for interviews, residing outside New Zealand and is not able to be contacted at present.”
REFERENCES
BRASS IN POCKET
Pornography publisher Steve Crow has scrapped Brass magazine after owning it for just seven months, saying the hard-core content under his reign was eating into advertising revenue for his established title NZX.
In any case, he said that he bought Brass from John Carr at Velocity Partners in November with the intention of selling it. Crow said the title had been published for more than a decade and he closed the magazine on Wednesday.
He said that when he took over the former lads’ magazine in November, he moved the magazine from a quarterly to a monthly and shifted the format from soft to hard pornography.
Crow said that he considered various combinations of content with his hard porn title NZX but the two magazines were competing in the same market.
http://www.nzherald.co.nz/wired/news/article.cfm?c_id=1501834&objectid=10517301
Applicant: PMP Maxum Ltd
Steve Crow, in the spotlight at the moment after running the Boobs on Bikes parade down Queen St last week, bought the magazine [Brass] from Mr Carr in November 92007] and closed it in June [2008].
http://www.propbd.co.nz/afa.asp?idWebPage=8338&idBobDeyProperty_Articles=10981&SID=950457451
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