Where's the Hydrotec paintballs and the 50 cal issue at now?
This is two separate questions and I expect to have more info related to small ball soon so today's extra is about HydroTec. (Another mailbag question came over the transom recently that got me digging into something else that might provide some answers soon.)
If you've been following HydroTec you know (from tweets & their website) that they continue to stall while claiming to be working away diligently on things like paint seams and color combos, etc. Which is probably true but there is also speculation that there are other, primary causes at work. Around the time of the public disclosure of the HydroTec water-based paintball project there were rumors that one or more of the major paint suppliers would likely file suit against HydroTec if for no other reason than to impede their delivery to market. In the case of KEE the rumors swirled around the past employment of Mr. Ronnie Bayless who worked, in the past, on a number of paintball-related projects for R.P.Scherer and others. The rumored wedge was something on the order of proprietary knowledge and systems belonging to KEE via RP (included in the purchase/merger of PMI & National) given that Mr. Bayless was (then) employed by HydroTec.
The latest rumorology claims KEE never filed suit against HydroTec but did present them with a cease & desist order. Further the latest rumors claim Mr. Bayless no longer works for HydroTec but just when that relationship was severed (if in fact it has been--the website gives no indication it has) remains unclear. And finally rumors hint at a growing dissatisfaction with HydroTec's progress, or lack thereof, from a principle investor that VFTD reported last year was rumored to be Kraft Foods or a subsidiary company. VFTD has not confirmed that rumor but it continues in play in the deep background.
HydroTec is nearly a year behind their originally announced roll out date of January 2011 with no end in sight.