cryptostocks.com   

What the F is this?

Are these supposed to be real stocks for sale?

They don't even verify that it's a real company.
You just have to make sure you have an email address that matches your website domain, and you can sell stock.

If you buy stock, how do you know you're getting real stock, and a real percentage of the profits?

If I'm a company and sell stock, since I'm not registered with the SEC, what will prevent stockholders from suing me if my company loses money?

Don't get me wrong, I'm very fascinated by the idea of using bitcoins as a way to finance new startup companies. There's a lot of cumbersome regulation with SEC if you're a company that wants to sell stock. I'm just trying to understand how cryptostocks work, as the website sure doesn't seem to explain much.