RBCC is yet another shady company set up by Kathleen Delaney, the late JT Cloud, and Robert Federowicz. The company is beneficially owned by an offshore Polish entity controlled by Federowicz, called Glendive Investments. Delaney, Cloud, and Federowicz have a long history of association with SEC suspended securities, including: EHSI, EVSO, ONYX, SSLR, GAEC, and GSLO. RBCC is no different.
The story line is pretty much the same, issue stunning press releases about immenent cures for cancer, addiction therapy,or some fancy bio-assembler technology which no one really knows about, but sounds high tech. Pretend to have real joint ventures (ref. n3D) with pretend equity stakes, or worse yet, create partnerships with ficticious 3rd party companies that have websites traced back to Delaney's Houston office, and then throw in a few iphone apps to get one noticed by including Apple's stock ticker, and you have their classic pump and dump MO. One does not need to take my word for it - go look at their latest 10Q and follow the convertible debt trail.
