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 ...