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skitahoe

05/12/24 12:46 PM

#74265 RE: Horsts #74264

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
Bullish
Bullish

KISSINGER

05/13/24 10:50 AM

#74270 RE: Horsts #74264

He is FOS like he has been for the last 10+ years with all of his companies. ALL FAILURES!