There's plenty of discussion here (and the original thread back in March) about the social/moral/ethical issues behind this. What about the legal side? Is there any way he's doing this legally - in such a way that the SEC, FTC, or similar gov't entities wouldn't shit all over it if they decided to pay attention? Even if he created a corporation with real stock, is it possible that he's actually legally bound to it?<p>In other words, does the continued value of the stock hinge on your faith in his word, and your faith that the government won't someday intervene?