Here's a look at the moelis report from the 31-3-16, checkout our distribution and sales agents network and you'll not see brocolor listed pages 9-10, in these newer reports such as the one above we do see them.
http://alexiuminternational.com/wp-content/uploads/2016/06/AJX-initiation.pdf
Here's what these guys get up to (paints and coatings).
https://www.european-business.com/brocolorr-lackfabrik-gmbh/portrait/
Here's Alexium testing paints for the airforce years ago.
http://www.aspecthuntley.com.au/asxdata/20111129/pdf/01247193.pdf
There's several military grade paint applications explained in this next link.
http://www.aspecthuntley.com.au/asxdata/20110120/pdf/01142939.pdf
We all know the military takes time!
Cheers.
Ann: Updated Shareholder / Investor Presentation, page-49
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