PPG's full year 2015 net sales from continuing operations was $15.3 billion. Sherwin Williams 2014 net sales? $11.1 billion. What about LBrands for 2015 (parent corporation of Victoria's Secret)... $11.3 billion. Nike in 2015? A whopping $30.6billion.
Now... if HCTI was to even whisper one of these names, confirming a revenue-stream partnership with a company making billions of dollars, just one... could propel this to nickels and dimes. However, they claim they are in talks with multiple F500s. Multiple names, with multiple companies doing billions in sales, paired with an isocyanate restriction/ban, could easily push this past a dollar on the market perception alone, even if the O/S was still a billion shares.
Why should we believe they are working with F500's? Why should we believe they are telling the truth? Because they have legitimized their past PR claims by announcing the deal with Industrial Finishes. The credibility of their other PRs mentioning F500 companies have now been solidified, at least in my own view.
The only time I believe a RS would become a thought would be to get to the big boards... really don't think it bares any relevance at this time as this company transitions from the research to marketing phase. The only thing that should be the main focus now is establishing agreements and partnerships.
