From recent news letter: As previously communicated, the...

From recent news letter:

As previously communicated, the long-term goal for Alexium has always been to move from our initial target market of textiles (global FR market potential $3.5B per year) into the much larger non-textile markets (global FR market potential $6.6B per year). We have targeted three initial non-textile customers and have gained immediate traction in these markets. In our initial efforts here, Alexium’s proprietary chemistries in trials with a major global PET film supplier were very successful and we will be meeting with the customer in Europe to confirm results this month. Early testing from two large resin producers in late 3Q were very encouraging, with trials in both opportunities moving from pilot scale to full-scale FR polymer production targeted for fiberglass composites. This customer ordered more scale up chemistry and are expected to purchase additional chemistry in early January. Based on the speed of technical work and customer adoption, these two opportunities in the polymer and resin industry—which is Alexium’s next market focus—have monthly run rates of up to $4M per month. Alexium recognizes the importance of this new industry and will continue to shift the focus onto this segment in 2016.

Would be nice to get that $4M/month ($48M/yr)