Hey guys,
I am not looking for a professional help here unless someone is certifed to do so but maybe you all can help find the answer I am looking for.

The question is, is it legal by law of U.S for a website to sell e-shares? I mean of course they will not have any market value but at the website it will.

From what I remember, you have to register a company with gov if you want to sell actually stocks of your company but do you guys think that the idea above is an exception?

Thanks in advance.