Is that security properly registered with the Utah Division of Securities or federal government?
If the company is properly registered, you should be able to find the SEC’s Edgar database. If the company says it is exempt, they should be able to provide you with a legal citation of the law that they are relying upon for exemption. Some exemptions require notice filings in the states where the security is offered. If they cannot provide you reference of filings or exemptions, the security is likely illegitimate and you should not invest. For more information on micro cap stocks – penny stocks – issued by the smallest of companies with thinly traded markets see the SEC’s info on Microcap stock. Have you been offered some disclosure document? To help you perform the proper due diligence before investing, you should be provided a prospectus, private placement memorandum, private offering memorandum, or some other document that fully details information about the security offered. Have you been offered audited financials from the company? Generally, audited financials are reviewed to a
