RBCC DD:
RBCC has two employees with zero experience in the bioscience field.
RBCC has zero bioscience assets.
RBCC had gross profits of only $25k (attributable to their Coral Fish Farm business) during the latest 6 month period while incurring a staggering $750k in G&A expenses for their two employees.
As of September 30, 2012, RBCC had cash on hand of only $18,751 and negative working capital of $249,233
As of Dec. 3, the JV with AMBS has yet to be finalized.
Notwithstanding the obvious pump of the last few days, since January 2012, RBCC management has taken the stock price from $63/share (post split) to its current level - a staggering 99% loss in shareholder value.