Quote from: KS on March 28, 2014, 08:47:42 AM

Quote from: kano on March 27, 2014, 01:16:01 PM

The Aus company is a owned by the US company. Graet is the director of the Aus company and thus may well be in the same situation as the rest of us regarding the status of what Ukyo has done, however, as a director he may be held responsible for the actions of the Aus company ...

The share (just the one) is owned by Ukyo.

Here's the post from the 94% thread with the Australian doc:

Quote from: krimsonkla on November 22, 2013, 11:12:36 PM

WeExchange is a public company in Australia. There for the articles of incorporation are public knowledge and available to anyone.

Company name, ACN and ABN are posted on the contact us page.
https://www.weexchange.co/?page=helpcontact

A request from ASIC (Australian Securities and Investments Commission) produced the following report.
https://drive.google.com/file/d/0Bza0Sx1iSRWqRVlNSm94YUtwSjQ/edit?usp=sharing

In WeEx US there is only Ukyo as director, whereas in WeEx AUS there is Ukyo and Graet. Ukyo being the sole shareholder in both cases.

Hmm, well then if it isn't a case of the Aus company being owned by the US company, but simply that they are 2 independent companies owned by Ukyo, then pooling the funds of the two companies (since the funds are held in trust) is illegal. They should be held separately and dealt with separately.

I think this all means that when Ukyo stated he had an accountant when he set the companies up, he was outright lying.
The accountant would have pointed such things out ...