Hello everybody, heard my name mentioned. Hey couch.

Yeah you pretty much have it here as it is. The question would be "What are you doing with it now? and "could this person help you get it somewhere you couldn't yourself? And yes, you would probably need to re-register it including him as a co-writer if he suggests it. And you should ask him and get some information before you go much farther. Communication is the key.

Look, here is the reality. Most songs, even some major songs, don't earn a lot of money, no matter what. With streaming and the way today music is with millions and billions of songs out there, and endless things down and uploaded today, so money is almost not even involved any more. It's about track record and activity with someone taking something places that you can't go.
If you are satisfied with what you have and it goes against your grain to have him do anything, you can tell him to take it or leave it. If it is something that can be put in front of people you wouldn't ordinarily do, then what is that worth to you?
What if he was to revamp it a bit, record it, put it on his web site, social media, and take it to a place with a life of it's own.

Today it's very hard to get anyone to even listen to anything that they are not a creative part of. If that means we have to share things, that is simply the cost of doing business. There are many artists over the years, that were cut in on the writers share of a song even if they didn't do anything. But that gave incentive for the artist or their teams, to actually take more interest and work the songs.
You just don't know.

I wish it was like the "old days" where everyone gets his/her due and it all comes out for everyone. Those days are gone and in my opinion never really existed. IT's why there are so many writers artists, and musicians from eras past are still fighting and suing to get rights on things done 20.30.40 plus years ago. There are still some Beatles songs that are not cleared with the Beatles organization. You don't have much of netgotions in your early career.

Consider what you gain, and what it's worth to you. My two cents? Do it. But that is just me.

MAB