Dave you are so close to figuring this out. Why wouldn't companies that have been making big money for decades not bother with cloning this stuff and bumping off the other guys? The ones you mention would love to bump-off their competitors. None of them would break a sweat cloning the unpatented red sauce. Maybe an hour's worth of work in a lab. Ability to paint it on? Some drawings and a trip to a fab shop. Done. All this done with cash, no loans, toxic or otherwise. Why isn't at least one of them willing to take over the market with their existing nationwide footprints? You're so close nailing it.
Perhaps this Eco Red stuff and a clone of it just doesn't work, and their business models aren't built on a stock scam? If not this explanation, then WHY wouldn't one of them be onto this already, and already own the market? They all already have the means to blanket the country with existing resources. They are all doing business with the big boxes. They don't need Conboy to open up a market for them as some suggest, as they already play extensively in those markets. Conboy is the johnny-come-lately.
If not this, then why have all these profit-focused companies with Boards that continually give them the evil eye on profits and future growth (and add Viance) just sat back and allowed Conboy to eat their entire businesses with some red colored sauce. You really think Steve Conboy knows something they don't? His chemistry skills exceed these companies like Dow, Lonza, and Koppers? Really? Just a humble carpenter from Brooklyn? Doesn't make sense does it? Unless you entertain the thought that these guys aren't interested in marketing something that doesn't work because it's not a means to dominate the market, or even sustain just a piece of it.
Have a grand weekend.
