NOKOMIS, Fla.--(BUSINESS WIRE)--Rainbow Coral Corp. (OTCBB:RBCC) unveiled a new website today detailing the company’s strategic efforts to capitalize on booming demand for the endangered marine organisms from the aquarium and medical research industries.
The new site is now online at www.rainbowcoral.com.
Medical researchers and aquarium retailers are finding it increasingly difficult to source the coral that they need from the wild, and that creates a tremendous opportunity for Rainbow Coral Corp. Wild coral populations have been declining steadily for decades due to disease and habitat destruction. Rainbow Coral is working to deliver sustainable, profitable supplies of coral for the industries that rely upon them while protecting wild coral reefs from overfishing and environmental damage.
Rainbow Coral’s innovative business plan calls for the acquisition of specific parent colonies of coral to build and maintain farm populations. The farm’s parent coral, or brood stock, will regenerate and produce successive generations, making the coral farm a self-sustaining and reliable source for coral harvesting. Rainbow Coral expects to market over 50 species of hard and soft corals suitable for commercial sales and distribution.
RBCC targets innovations for development to compete in technology developed to compete in the biomedical research industry alongside Amgen (NASDAQ: AMGN), Dendreon Corporation (NASDAQ: DNDN), Smith & Nephew (NYSE: SNN) and Pharmaceutical Product Development (NASDAQ: PPDI).
For more investing information on Rainbow Coral Corp., please visit www.rainbowcoral.com/investors.
About Rainbow Coral Corp.
Rainbow Coral Corp. (OTCBB: RBCC) is a start-up company dedicated to the ecologically responsible distribution of hard and soft corals for commercial use. RBCC is an OTCBB publicly traded company. For more information, please visit our website at www.RainbowCoral.com. For investment information and performance data on the company, please visit www.RainbowCoral.com/investors.
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