Post
Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
SebastianJu
on 28/03/2014, 21:45:16 UTC
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 ...

Of course it can be that only one company officially held the bitcoins and the other only had minor functions. Im not really sure where the advantage is in two companies. I mean you have to do the double amount of accounting, tax and so on.
I should consider taking Graet into my lawyer letters but i think i dont know his real name.