Let's talk then but also put this in perspective in the of start up companies and political climate. Is it true that they tried HNIPU before? Possibly. Did he have other companies that didn't pan out as well? Indeed. But if you dig into Transnational's finances they did generate significant revenues of about 20 mil or so and had subsidiaries in Arizona. This was before the housing collapse in which they decided to shut down the company in 2007 probably because they foresaw that the company wouldn't withstand the Housing collapse. Everyone was hurting then and when your in the housing business you will hurt badly. Kristul has had his shares of ups and downs as do many entrepreneurs in the start up world. That is the reality. Also if you look back further and research into Dr. Fig, he even mentions that alternative synthesis to non isocyanate based polyurethanes has been a topic discussion for awhile or so (20-25 years if I'm not mistaken). He also in another article states that he is not putting all his eggs into one basket with Hybrid Coatings, hence why he licenses his products to multiple companies abroad. However, I think the climate is now favorable Hybrid Coatings since climate change is being pushed heavily by politicians on both sides...(i.e. Congress is going to increase the power of the EPA and the means is still being contested...look into Toxic Controlled Substances Act (which is finally being updated...still being debated in Congress though) There is also the SNUR that is supposedly to be effective in June although I haven't found a link that shows when the EPA expects this rule to be put in to play. These catalysts combined with the events of Flint, Michigan in which blame was being pointed in the lack of communication between the EPA and the Michigan Governor is making Congress aware that they need to make changes or risk the life of citizens. If you dig any deeper, you will see that special interests, i.e. Dow Chemical, contributes a lot of the Republican Congressman as well as the Michigan governor (Rick Snyders top donor for his gubernatorial campaign was Dow Chemical) So yeah, my personal belief is that this is a matter of when and not IF, and the company since it is a developmental company moving to commercialization is trying to position itself to survive, by getting into agreements with companies like Industrial Finishes and other F500 companies. The PR releases have been a repetitive for a good year now, and frankly they're re-releasing old PRs in an attempt to keep shareholders at some level appeased. They have no news until they generate revenues and until the bigger companies decide it's time to release the products which can take a long time. Is it a risky bet? You betcha given the volatility, and in the meanwhile until these things become official, this will become a traders best friend given the attention that his received from gaining an EPA award to other promoters trying to pump and dump the stock in the short term. What do you think?
AI
