But Shirley making a film from old "Goo" would have been far worse for the bigger picture?
At the tiime, the materials that they had available were sufficiently "raw" enough that they expected to purify sufficient amount s to allow mixing a batch of the needed solutions from the old recipe. If you read closely, they were well into that process when the work was interrupted, and the materials that they had prepared ended up going past usable. Mr. Bias referred to a 2 month waste of time. (and one assumes a fair amount of resources)
I get the impression that the plan would have used some of the machinery that they were purchasing while it was still installed in the buildings that it had been used in back in the 3M days. After the first batch, THEN the machines would have been de-istalled and placed into storage while the LRF was converted into a film factory. The delay forced the quick removal of the machinery just ahead of the demolition of the old buildings.
All problems do create learning opportunity, and that is when they decided to try to make a simpler product, a Two layer B&W film to find the path to reasonable production methods, while also generating some actual sales. Once serial production of the B&W film is well established, then returning to the two pass coating of the more complex colour stock could be contemplated.
REread the post
Dead Link Removed to get an idea of the learning curve that they have gone through.