I am new to this board but have followed the company for over a year. In the past the stock seemed too risky for me given the level of revenues and expenses and the number of huge competitors that have been around forever. Now that the price is down I feel like I should take another look.
I sometimes invest in tech stocks. Not that this is necessarily a tech stock, but from my research on techs I've gotten used to looking at their intellectual property, which is all important in that world. I generally don't understand the patents too well or how strong they might be, but I take comfort in knowing they've been issued and the technology has passed muster with the government as being something new and useful.
Now that I've dug in to Alexium with a thought toward investing, I'm not finding patents on flame retardants. There are a number of search sites for patents, including Google Patents and the U.S.P.T.O, but I can't find on any of them any patents that Alexium holds except those for the older reactive surface technology which I understand was discontinued when the company started focusing on flame retardants.
I've seen lots of references to flame retardant patents, including an
online video in which Gavin Rezos, the Chairman, says the flame retardant technology is patented. This might not be the right place for this question but I bring it up in this thread because I also noticed the following comment in the Moelis report:
- AJX is of the view that safe flame retardant chemicals would be very difficult to replicate without an infringement on its patents
So there it is again. And it seems Moelis thinks it's important.
Can anyone help me? It sounds like many on this site have done a lot of research on the company and owned it for a long time. Do they have a subsidiary with a different name that holds the patents? Are the patents held by others and licensed to Alexium (which I've seen on a royalty free basis sometimes)? I'm presuming someone on here has looked them up and read what they say. Any help or direction would be appreciated.
