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Re: Horsts post# 74264

Sunday, 05/12/2024 12:46:08 PM

Sunday, May 12, 2024 12:46:08 PM

Post# of 74713
We as shareholders should receive something for anything that's spun off from the company. If Galaxy Batteries becomes an independent company, at some ratio, we should have shares in that new company. Much of the success of Galaxy Batteries may require substantial new funding, but some percentage should be owned by current investors. I wouldn't expect anything close to 1 for 1, most likely more like 1 for 10,000 shares, but something saying we have ownership in Galaxy Batteries.

On the other hand, if Galaxy Batteries is being sold, the price it's sold for should enhance the value of the company. It should be clear that the company received fair value for what it was sold for. At minimum I would think that was bringing in millions of dollars into the company.

Gary
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