For the first time I really began to ponder what is written on my Life Caulk tube. It says it can be used underwater. Hmmm, (I said to myself) - how could this be? It must not have anything to do with lack of oxygen or it would cure in the tube. Does this mean I could I rebed my winches in the rain if I wanted to??? Can someone with a knowledge of the chemistry of this stuff fill me in and tell me how this is possible?