The discussion centers on the reaction of boric acid with isopropyl alcohol and the resulting green flame observed when burned. The green color is attributed to boron, not necessarily indicating the presence of borate ions or triisopropyl borate. It is suggested that without proper conditions, such as heating, triisopropyl borate is unlikely to form. A reference to a similar reaction with methanol is mentioned, highlighting that borate esters produce a true green flame, but the test used cannot confirm the formation of new compounds due to its destructive nature. The conversation also touches on the necessity of sulfuric acid for the reaction to proceed effectively, with one participant sharing their successful experience using borax, sulfuric acid, and methanol to achieve a green flame. The discussion concludes with a request for information on patents related to boron esters, indicating interest in further research on the topic.