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Old 08-30-2005, 10:59 PM
MrMon MrMon is offline
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Join Date: Nov 2004
Location: St. Louis, MO
Posts: 135
Default Re: Questions about incorporating

Incorporating is one thing, selling shares to investors in a corporation is something else entirely. Anyone can fill out the forms to create a corporation, knock yourself out.

Once you start issuing shares, state regulation starts big time and I wouldn't recommend it without some legal advice. Screw up, piss off an investor, and you get to experience the part of the law known as "securities fraud".

In short, if you want to sell shares in your corporation, don't do it yourself. You can pay the lawyers now, or you can pay them later. You have been warned.
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