You started the Triangular Frisbee Company as a small operation. When the product went over big, you decided to seek outside funding to build a larger company. Your lawyer explained to you the costs of SEC registration and securities disclosure in the case of a public stock offering. Your lawyer also explained that you could avoid this by organizing as a corporation on the Caribbean island nation of Torlaga and selling stock in the corporation from there. U.S. investors would simply buy your stock through a Torlaga stockbroker. This would be much cheaper and quicker than U.S. registration. What are the pros and cons of this arrangement? Is it ethical to avoid compliance with American laws in this manner?