I've never heard of it but saw some on ebay for sale. Look inside the bottom of the cone and see if it is 100% cotton or a blend. Pull some off the spool and tug on it and see if it breaks easily. Does it say what weight it is: ie: 40, 30 ???
If you are still unsure, make a small sample of two fabrics and batting and quilt with it. I doubt it is thin enough to piece with but quilting to put your sandwich together might be fine.
Oh and you might need to use a larger needle size if it's a heavier thread. Good luck.