NewMarket Technology (fka NWMT)

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By selling shares in the subsidiaries through an IPO the subsidiaries will be able to raise their own cash for expansion without NMKT having to issue any new shares in NMKT or without taking out any loans. Down the road after these subsidiaries are thriving they will be able to make their own aquisitions with cash as NMKT did with Unione. There will be no reason for NMKT to need to sell any more of its own shares since money is being raised through the IPO's. By maintaining at least a 51% ownership NMKT still gets to count the subsidiaries results in its consolidated financial statements. By determining a value for the subsidiaries stock the market can monetize NMKT's value. Another words, if NMKT Latin America stock has a market cap of $50 million and NMKT owns 52% of the stock then we know that NMKT's investment in NMKT Latin America is worth $26 million. This will help the market see the rising value of NMKT's investments as these subsidiaries grow.