To further back up what blindinvestor said, it appears Exousia might have backed away from the Little Trailer and Product Spectrum Group's purchases at that time, as Exousia was in talks to buy both. I'm not exactly sure why, and the Elkhart county bond was arranged to finance the purchase of these two companies, but they did. My guess is they backed out last minute and decided to go a different direction; possibly due to the writing on the wall that DISCRETIONARY US consumer was about to hit the tank for a long time. Being in the RV and trailer's business is a great way for a start-up company to go backrupt right now. Just ask an established company like Winnebago how well they're doing.

We do know they have acquired the intellectual patents for numerous coatings and that they DID go ahead and buy AEGEON for $2M so they answer probably lies there. The company sees much bigger potential in the corrosion market, especially since the US government cant finance the replacement for corroding bridges, military equipment like naval vessels etc. From a business standpoint, they probably made the right call.