SEC Suspensions & Revocations

[Renee]

RNBI SEC Suspension:

https://www.sec.gov/litigation/suspensions/2016/34-79001.pdf

Order:

https://www.sec.gov/litigation/suspensions/2016/34-79001-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2016/33-10226.pdf

The Commission temporarily suspended trading in the securities of RNBI because it has confirmed for the Commission staff that the company is no longer operating. In addition, there is a lack of accurate information concerning the securities of RNBI because in Form 8-Ks filed with the Commission on May 5, 2014, May 12, 2014, and Sept. 4, 2014 by Rainbow, the company appears to have made false and misleading statements concerning, among other things, a purported acquisition, company business relationships, its purported development of products, purported rental revenues, and a purported purchase of company shares by a company officer. The company appears not to have made any information publicly available about itself for approximately two years.