RE:I added to my position about 30% todayI doubt they "spin out Bullfrog" into a public co...SPG itself is too small to be a public co, never mind Bullfrog. I meant they sell it to a strategic of PE firm (which is more likely as it doesn't have any operations other than buying and selling carbon credits to it's customers. Easy sale, high multiple, pays down SPG debt and all that value accrues to SPG shareholders immediately. Why on earth the Board and Strategic Review Committee are not doing that is beyond me.