I think the Boeshield is one of those products that was not designed for bikes to begin with. It was for aerospace applications and then found its way in the marine business because of its anti corrosive characteristics. We would have to go back to the scientists and engineers who were responsible for Boeing's Boeshield and ask them to re formulate it for bicycle chains.

In the meantime, some of us still use it. On Ceramic Derailleur Pulley the jockey wheel will show a build up using Boeshield if its over applied. With a more thinner lubricant, that jockey wheel will show less of it.

I wouldn't be surprised if some of these bike lube companies really outsource their engineering and science to bigger companies like LPS Labs. Take a look at this:

http://www.lpslabs.com/product-details/657