8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________

FORM 8-K

_______________

CURRENT REPORT

Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 19, 2010

RCLC, INC.

(Exact Name of Registrant as Specified in Charter)

New Jersey	001-01031	22-0743290
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1480 Route 9 North, Suite 301, Woodbridge, New Jersey	07095
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (732) 877-1788

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

RCLC, INC.

FORM 8-K INDEX

ITEM	PAGE
ITEM 7.01. REGULATION FD DISCLOSURE	2
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS	3

Explanatory Note

As previously disclosed, on August 17, 2010 RCLC, Inc. (the “Company”) and certain of its subsidiaries filed voluntary petitions in the United States Bankruptcy Court for the District of New Jersey in Trenton, New Jersey (the “Bankruptcy Court”) under Chapter 11 of the United States Bankruptcy Code (administered under the caption, In re RCLC, Inc. f/k/a Ronson Corporation et. al. Case No. 10-35313 (MBK)).  The Company has adopted a modified reporting program with respect to its reporting obligations under the federal securities laws. In lieu of filing annual reports on Form 10-K and quarterly reports on Form 10-Q, the Company will file current reports on Form 8-K to disclose its monthly operating reports required to be submitted to the Bankruptcy Court and material events relating to the bankruptcy procee dings, in accordance with the Securities Exchange Act Release No. 9660 (June 30, 1972) and the Securities and Exchange Commission’s Legal Bulletin No. 2 (April 15, 1997).

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements based on management’s plans and expectations that are subject to uncertainty.  Forward-looking statements are based on current expectations of future events.  The Company cannot assure that any forward-looking statement will be accurate.  If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual events could vary materially from those anticipated.  Investors should understand that it is not possible to predict or identify all such factors and should not consider this to be a complete statement of all potential risks and uncertainties.  The Company assumes no obligation to update any forward-looking statements as a result of future events or developments.

Item 7.01    Regulation FD Disclosure

On November 19, 2010, the Company and certain of its subsidiaries (together with the Company, the “Debtors”) filed their unaudited Monthly Operating Reports for the period from August 18, 2010 through September 30, 2010 (the “Monthly Operating Reports”) with the Bankruptcy Court.  Copies of the Monthly Operating Reports are contained in the attached Exhibits 99.1, 99.2 and 99.3 and are incorporated herein by reference. This Current Report on Form 8-K (including the Exhibits hereto) shall not be deemed an admission as to the materiality of any information required to be disclosed herein.

Upon the closing of the sale of the Company’s Aviation Division on October 15, 2010, the Company ceased to have operations, other than to effectuate its wind-down and approve its liquidation plan by the Bankruptcy Court.  The Company does not expect that there will be any proceeds available for shareholders of the Company.

Cautionary Statements

The Company cautions investors and potential investors not to place undue reliance upon the information contained in the Monthly Operating Reports, which were not prepared for the purpose of providing the basis for an investment decision relating to securities of the Company.  The Monthly Operating Reports have been prepared for the purpose of complying with the Bankruptcy Court proceedings.  The Monthly Operating Reports are limited in scope and only cover a limited time period.

The financial statements in the Monthly Operating Reports were not audited or reviewed by independent accountants and were not prepared in accordance with accounting principles generally accepted in the United States of America.

There can be no assurance that, from the perspective of an investor or potential investor in the Company’s securities, the Monthly Operating Reports are complete. The Monthly Operating Reports may be subject to future adjustment and reconciliation. The Monthly Operating Reports also contain information for periods which are shorter or otherwise different from those required in the Company’s reports pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and such information might not be indicative of the Company’s financial condition for the period that would be reflected in the Company’s financial statements or in its reports pursuant to the Exchange Act. The information set forth in the Monthly Operating Reports should not be viewed as indicative of future results.

Other Available Information

The Company’s informational filings with the Bankruptcy Court, including the Monthly Operating Reports and additional information about the Debtors’ filing under Chapter 11 of title 11 of the United States Code, are available to the public at the office of the Clerk of the Bankruptcy Court, Clarkson S. Fisher US Courthouse, 402 East State Street, Trenton, New Jersey 08608 or through the Bankruptcy Court’s website at https://ecf.njb.uscourts.gov/ .

Limitation on Incorporation by Reference

The information in this Item 7.01 (and the exhibits hereto) are being furnished for informational purposes only and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.

Item 9.01      Financial Statements and Exhibits.

Number	Description
99.1	RCLC, Inc. Monthly Operating Report for the period from August 18, 2010 through September 30, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on November 19, 2010
99.2	RCPC Liquidating Corp. Monthly Operating Report from August 18, 2010 through September 30, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on November 19, 2010
99.3	RA Liquidating Corp Monthly Operating Report for  the period from August 18, 2010 through September 30, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on November 19, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RCLC, Inc.
Date: November 24, 2010	By:	/s/ Daryl K. Holcomb
	Name: Daryl K. Holcomb
	Title: Vice President, Chief Financial Officer and Controller

Exhibit Index

ITEM 9.01   Financial Statements and Exhibits

Number	Description
99.1	RCLC, Inc. Monthly Operating Report for the period from August 18, 2010 through September 30, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on November 19, 2010
99.2	RCPC Liquidating Corp. Monthly Operating Report from August 18, 2010 through September 30, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on November 19, 2010
99.3	RA Liquidating Corp Monthly Operating Report for  the period from August 18, 2010 through September 30, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on November 19, 2010

EX-99.1 2 ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.

Submit copy of report to any official committee appointed in the case

		Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS	Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements	MOR-1	P
Bank Reconciliation (or copies of debtor's bank reconciliation)	MOR-1a	P
Schedule of Professional Fees Paid	MOR-1b	P
Copies of bank statements		P
Cash disbursements journals		P
Statement of Operations	MOR-2	P
Balance Sheet	MOR-3	P
Status of Postpetition Taxes	MOR-4	P
Copies of IRS Form 6123 or payment receipt
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts	MOR-4	P
Listing of aged accounts payable	MOR-4	P
Accounts Receivable Reconciliation and Aging	MOR-5	N/A
Debtor Questionnaire	MOR-5	P

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
are true and correct to the best of my knowledge and belief.
Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Daryl Holcomb	Nov. 18, 2010
Signature of Authorized Individual *	Date
Daryl Holcomb	Vice President
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor
is a partnership; a manager or member if debtor is a limited liability company.

In re	RCLC, INC.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

	Bank Accounts											Current Month					Cumulative Filing to Date
	Operating			Payroll		Tax			Other			Actual			Projected		Actual			Projected
Cash Beginning of Month	$	32,564.65		$	999.81	$	484.90		$	2,790.88		$	36,840.24		$	-	$	36,840.24		$	-
Receipts	Amount			Amount		Amount			Amount			Amount			Amount		Amount			Amount
Cash Sales	$	-		$	-	$	-		$	-		$	-		$	-	$	-		$	-
Accounts Receivable													-					-
Loans and Advances													-					-
Sale of Assets													-					-
Other (see below)		415.00			-		51.82			-			466.82					466.82
Transfers (From DIP Accts.)		65,406.26			36,268.19		10,277.53			1,048.02			113,000.00					113,000.00
Total Receipts	$	65,821.26		$	36,268.19	$	10,329.35		$	1,048.02		$	113,466.82		$	-	$	113,466.82		$	-
Disbursements	Amount			Amount		Amount			Amount			Amount			Amount		Amount			Amount
Net Payroll	$	4,171.30		$	36,268.19				$	2,774.85		$	43,214.34				$	43,214.34		$	-
Payroll Taxes							10,277.23						10,277.23					10,277.23
Sales, Use, & Other Taxes													-					-
Inventory Purchases													-					-
Secured/Rental/Leases		7,751.20											7,751.20					7,751.20
Insurance		48,062.58											48,062.58					48,062.58
Administrative		10,651.48											10,651.48					10,651.48
Selling													-					-
Other (see below)		7,940.42					433.72						8,374.14					8,374.14
Owner Draw *													-					-
Transfers (To DIP Accts)													-					-
Professional Fees		18,658.55											18,658.55					18,658.55
U.S. Trustee Quarterly Fees													-					-
Court Costs													-					-
Total Disbursements	$	97,235.53		$	36,268.19	$	10,710.95		$	2,774.85		$	146,989.52		$	-	$	146,989.52		$	-
Net Cash Flow	$	(31,414.27	)	$	-	$	(381.60	)	$	(1,726.83	)		(33,522.70	)				(33,522.70	)
(Receipts Less Disbursements)
Cash - End of Month	$	1,150.38		$	999.81	$	103.30		$	1,064.05		$	3,317.54		$	-	$	3,317.54		$	-
* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate

THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements									$	146,989.52
Less: Transfers to Debtor in Possession Accounts										-
Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees									$	146,989.52
Other Receipts:
Pre-DIP check not cashed (voided) PR Newswire		415.00
Adj per reconciliation of Pre-DIP Payment						51.82
	$	415.00	$	-	$	51.82	$	-
Other Expense :
Stock Related Exp. - Registrar & Transfer		4,900.00
Information Release Costs - PR NewsWire		415.00
Adj per reconciliation of Pre-DIP Payment						433.72
Bank Fees  -  Capital One		2,256.27
Outside Print. - Commerce Financial Printers		369.15
		7,940.42		-		433.72		-

In re	RCLC, INC.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

	Operating					Tax			401K				Cash Collateral			Operating				Payroll					Other
	Wells Fargo Bank, NA					Wells Fargo Bank, NA			Wells Fargo Bank, NA				Wells Fargo Bank, NA			Capital One Bank				Capital One Bank
	*					*			*				*			*				*
Balance Per Book			$	3,881.85			$	103.30		$	992.79			$	-		$	(2,731.27	)			$	999.81			$	-
Bank Balance			$	34,450.35			$	99.80		$	1,166.96			$	-		$	(1,670.55	)			$	11,220.41			$	-
(+) Deposits in Transit (Attach List)				-				-			-				-			-					-				-
(-) Outstanding Checks (Attach List)				(30,093.50	)			-			-				-			-					(11,365.35	)			-
Other (Attach Explanation)				(475.00	)			3.50			(174.17	)			-			(1,060.72	)				1,144.75				-
Adjusted Bank Balance *			$	3,881.85			$	103.30		$	992.79			$	-		$	(2,731.27	)			$	999.81			$	-
* Adjusted bank balance must equal
balance per books
Deposits in Transit	Date		Amount			Date	Amount		Date	Amount			Date	Amount		Date	Amount			Date		Amount			Date	Amount
			$	-			$	-		$	-			$	-		$	-				$	-			$	-
			$	-			$	-		$	-			$	-		$	-				$	-			$	-
Checks Outstanding	Ck.#		Amount			Ck.#	Amount		Ck.#	Amount			Ck.#	Amount		Ck.#	Amount			Ck.#		Amount			Ck.#	Amount
		16126	$	19,826.80			$	-		$	-			$	-		$	-			2652	$	145.73			$	-
		16127		1,874.12																	2937		5,080.11
		16128		2,332.58																	2938		1,449.97
		16129		3,160.00																	2939		2,156.79
		16130		2,900.00																	2940		2,012.15
																					2942		520.60
			$	30,093.50			$	-		$	-			$	-		$	-				$	11,365.35			$	-
Other
NJ Tax Payment 3/10/10 diff. due to rounding							$	3.00
Over Deposit 4/14/09 due to rounding							$	0.01
Over Deposit 4/28/09 due to rounding							$	0.49
Payment to Exxon not debited				(475.00	)
Over deposit on 7/23/10											(174.17	)
Charge off Recovery Debit																							1,610.17
Service Charge August																		(1,060.72	)
Check rejected by bank																							(567.77	)
ACH withdrawal - Intuit for payroll checks																							102.35
			$	(475.00	)		$	3.50		$	(174.17	)		$	-		$	(1,060.72	)			$	1,144.75			$	-

* Account number has been redacted.

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID
This schedule is to include all retained professional payments from case inception to current month.

	Period	Amount		Check		Amount Paid		Year-To-Date
Payee	Covered	Approved	Payor	Number	Date	Fees	Expenses	Fees	Expenses
SSG Capital		15,158.55	RCLC	16120	09/16/10	15,158.55		15,158.55

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS
(Income Statement)
Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	150,000.00		$	150,000.00
Less:  Returns and Allowances
Net Revenue		150,000.00			150,000.00
Cost of Goods Sold
Beginning Inventory
Add:  Purchases
Add:  Cost of Labor
Add:  Other Costs (attach schedule)
Less:  Ending Inventory
Cost of Goods Sold		-			-
Gross Profit		150,000.00			150,000.00
Operating Expenses
Advertising
Auto and Truck Expense		804.60			804.60
Bad Debts
Contributions
Employee Benefits Programs		20,138.99			20,138.99
Insider Compensation *		5,100.00			5,100.00
Insurance		16,579.62			16,579.62
Management Fees/Bonuses		-			-
Office Expense		841.64			841.64
Pension & Profit-Sharing Plans
Repairs and Maintenance		4,894.72			4,894.72
Rent and Lease Expense		5,185.60			5,185.60
Salaries/Commissions/Fees		102,914.31			102,914.31
Supplies		370.90			370.90
Taxes - Payroll		7,342.96			7,342.96
Taxes - Real Estate
Taxes - Other
Travel and Entertainment		4,394.17			4,394.17
Utilities		1,074.56			1,074.56
Other (attach schedule)		5,954.95			5,954.95
Total Operating Expenses Before Depreciation		175,597.02			175,597.02
Depreciation/Depletion/Amortization
Net Profit (Loss) Before Other Income & Expenses		(25,597.02	)		(25,597.02	)
Other Income and Expenses
Other Income (attach schedule)		(4,299.75	)		(4,299.75	)
Interest Expense		5,517.95			5,517.95
Other Expense (attach schedule)		12,606.62			12,606.62
Net Profit (Loss) Before Reorganization Items		(39,421.84	)		(39,421.84	)
Reorganization Items
Professional Fees
U.S. Trustee Quarterly Fees
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		-			-
Income Taxes
Net Profit (Loss)	$	(39,421.84	)	$	(39,421.84	)

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
None	$	-	$	-
	$	-	$	-
Other Operational Expenses
Stock Transfers - Registrar & Transfer	$	3,900.00	$	3,900.00
Information Release Cost - PR News Wire		415.00		415.00
Other Stock Related Expense - Registrar & Transfer		1,000.00		1,000.00
Bank Service Fees - Wells Fargo		580.55		580.55
Penalties & Late Charges - Pitney Bowes		59.40		59.40
	$	5,954.95	$	5,954.95
Other Income
Dividend Income - Split Dollar Insurance	$	4,299.75	$	4,299.75
	$	4,299.75	$	4,299.75
Other Expenses
Auditing & Tax Fees - Demetrius	$	4,875.00	$	4,875.00
Rights Plan Amortization		495.12		495.12
Legal Fee - General Accrual		2,250.00		2,250.00
Insurance Advisors		3,500.00		3,500.00
401K Administrators		1,186.50		1,186.50
Actuarial Services		300.00		300.00
	$	12,606.62	$	12,606.62
Other Reorganization Expenses
	$	-	$	-
	$	-	$	-
Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:
Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding.

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET
Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		3,317.74		36,840.24
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses		234,932.43		242,091.94
Professional Retainers		54,703.60		54,703.60
Other Current Assets (attach schedule)		250,768.00		250,768.00
Total Current Assets	$	543,721.77	$	584,403.78
Property and Equipment
Real Property and Improvements
Machinery and Equipment
Furniture, Fixtures and Office Equipment
Leasehold Improvements
Vehicles
Less Accumulated Depreciation
Total Property & Equipment	$	-	$	-
Other Assets
Loans to Insiders *
Other Assets (see schedule)		17,108,527.02		17,107,507.81
Total Other Assets	$	17,108,527.02	$	17,107,507.81
Total Assets	$	17,652,248.79	$	17,691,911.59

	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable		18,008.46
Taxes Payable (refer to Form MOR-4)		4,881.52
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees
Amounts Due to Insiders * (defined in 11 U.S.C. Section 101(31))		3,003.62
Other Postpetition Liabilities (attach schedule)		524.01
Total Postpetition Liabilities	$	26,417.61		$	-
Liabilities Subject to Compromise
Secured Debt		2,005,050.59			2,005,050.59
Priority Debt		50,423.19			51,133.31
Unsecured Debt		9,468,127.10			9,494,075.61
Total Pre-Petition Liabilities	$	11,523,600.88		$	11,550,259.51
Total Liabilities	$	11,550,018.49		$	11,550,259.51
Owner Equity
Capital Stock		5,172,577.50			5,172,577.50
Additional Paid-In Capital		30,006,795.83			30,006,795.83
Partners' Capital Account
Owner's Equity Account
Retained Earning - Pre-Petition		(27,441,051.23	)		(27,441,051.23	)
Retained Earning - Postpetition		(39,421.78	)
Adjustments to Owner Equity (attach schedule)		(1,596,670.02	)		(1,596,670.02	)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	6,102,230.30		$	6,141,652.08
Total Liabilities and Owners' Equity	$	17,652,248.79		$	17,691,911.59

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET - continuation sheet

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Other Current Assets
Current Deferred Tax Asset		250,768.00			250,768.00
	$	250,768.00		$	250,768.00
Other  Assets
Investment in Subsidiaries		8,972,480.35			8,972,480.35
Intercompany Receivables - Prometcor		4,686,643.53			4,686,643.53
Intercompany Receivables - RCPC Liquidating		1,001,365.24			999,740.57
Deferred Sale costs - Ronson Aviation		348,601.95			348,601.95
Non-Current Deferred Tax Asset		2,034,742.68			2,034,742.68
Rights Plan		3,630.74			4,125.86
Cash Surrender Value - Life Insurance		61,062.53			61,172.87
	$	17,108,527.02		$	17,107,507.81
	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Other Postpetition Liabilities
401k Contribution W/H - Employee		524.01			-
	$	524.01		$	-
Adjustments to Owner Equity
Treasury Stock		(1,596,670.02	)		(1,596,670.02	)
	$	(1,596,670.02	)	$	(1,596,670.02	)
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-		$	-

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
STATUS OF POSTPETITION TAXES

	Beginning		Amount Withheld							Check No.		Ending
	Tax Liability		or Accrued		Amount Paid			Date Paid		or EFT		Tax Liability
Federal
Withholding	$	-	$	7,838.00	$	(5,288.00	)					$	2,550.00
FICA-Employee				2,439.78		(1,668.51	)						771.27
FICA-Employer				2,439.76		(1,668.51	)						771.25
Unemployment				266.86									266.86
Income													-
Other:													-
Total Federal Taxes	$	-	$	12,984.40	$	(8,625.02	)					$	4,359.38
State and Local
Withholding		-		1,210.24		(1,073.38	)						136.86
Sales													-
Excise													-
Unemployment				328.89									328.89
Real Property													-
Personal Property
Other:				56.39									56.39
Total State and Local	$	-	$	1,595.52	$	(1,073.38	)					$	522.14
Total Taxes	$	-	$	14,579.92	$	(9,698.40	)					$	4,881.52
SUMMARY OF UNPAID POSTPETITION DEBTS
Attached listing of accounts payable
	Current		0-30		31-60			61-90		Over 90		Total
Accounts Payable	$	15,345.51	$	2,662.95	$	-		$	-	$	-	$	18,008.46
Wages Payable													-
Taxes Payable				4,881.52									4,881.52
Rent/Leases-Building													-
Rent/Leases-Equipment													-
Secured Debt/Adequate Protection Payments													-
Professional Fees													-
Amounts Due to Insiders *				3,003.62									3,003.62
Other: 401K Employee				524.01									524.01
Other:													-
Total Postpetition Debts	$	15,345.51	$	11,072.10	$	-		$	-	$	-	$	26,417.61

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	-
(+) Amounts billed during the period		-
(-) Amounts collected during the period		-
Total Accounts Receivable at the end of the reporting period			$	-
Accounts Receivable Aging	Amount
0 - 30 days old		-
31 - 60 days old		-
61 - 90 days old		-
91 + days old		-
Total Accounts Receivable			$	-
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)			$	-

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business		P
	this reporting period?  If yes, provide an explanation below.
2.	Have any funds been disbursed from any account other than a debtor in possession		P
	account this reporting period?  If yes, provide an explanation
3.	Have all postpetition tax returns been timely filed?  If no, provide an explanation	P
	below.
4.	Are workers compensation, general liability and other necessary insurance	P
	coverage in effect?  If no, provide an explanation below.
5.	Has any bank account been opened during the reporting period?  If yes, provide		P
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.

EX-99.2 3 ex99-2.htm EXHIBIT 99.2

Exhibit 99.2

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re	RCPC Liquidating Corp		Case No.		10-35318-MBK
			Reporting Period		08/18/10 - 09/30/10
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.
Submit copy of report to any official committee appointed in the case
			Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS		Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements		MOR-1	X
Bank Reconciliation (or copies of debtor's bank reconciliation)		MOR-1a	X
Schedule of Professional Fees Paid		MOR-1b	X
Copies of bank statements			X
Cash disbursements journals			None
Statement of Operations		MOR-2	X
Balance Sheet		MOR-3	X
Status of Postpetition Taxes		MOR-4	X
Copies of IRS Form 6123 or payment receipt			N/A
Copies of tax returns filed during reporting period			None
Summary of Unpaid Postpetition Debts		MOR-4	X
Listing of aged accounts payable		MOR-4	X
Accounts Receivable Reconciliation and Aging		MOR-5	X
Debtor Questionnaire		MOR-5	X

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
are true and correct to the best of my knowledge and belief.
Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Daryl Holcomb	Nov. 18, 2010
Signature of Authorized Individual *	Date
Daryl Holcomb	Vice President
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor
is a partnership; a manager or member if debtor is a limited liability company.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

		Bank Accounts								Current Month				Cumulative Filing to Date
		Operating		Payroll		Tax		Other		Actual		Projected		Actual		Projected
Cash Beginning of Month		$	55,214.76	$	100.00	$	92.74	$	-	$	55,407.50	$	-	$	55,407.50	$	-
Receipts		Amount		Amount		Amount		Amount		Amount		Amount		Amount		Amount
	Cash Sales	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	Accounts Receivable										-
	Loans and Advances										-
	Sale of Assets										-
	Other (Attach List)										-
	Transfers (From DIP Accts.)										-
	Total Receipts	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Disbursements		Amount		Amount		Amount		Amount		Amount		Amount		Amount		Amount
	Net Payroll	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	Payroll Taxes										-
	Sales, Use, & Other Taxes										-
	Inventory Purchases										-
	Secured/Rental/Leases										-
	Insurance										-
	Administrative										-
	Selling										-
	Other (Attach List)										-
											-
	Owner Draw *										-
	Transfers (To DIP Accts)										-
											-
	Professional Fees										-
	U.S. Trustee Quarterly Fees										-
	Court Costs										-
	Total Disbursements	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Net Cash Flow
(Receipts Less Disbursements)			-		-		-		-		-				-
Cash - End of Month		$	55,214.76	$	100.00	$	92.74	$	-	$	55,407.50	$	-	$	55,407.50	$	-
* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate
	THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements																$	-
	Less: Transfers to Debtor in Possession Accounts																-
*	Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)																-
Total Disbursements for Calculating U.S. Trustee Quarterly Fees																$	-

*  In accordance with the terms of the pre-petition sale of substantially all of its assets, the Debtor entered into a pre-petition escrow agreement with the buyer, setting up an escrow account, pursuant to which the buyer and the Debtor, as seller, are permitted to draw certain sums therefrom, solely to the extent provided in that agreement.  While the Debtor has a residual interest in the escrow account (which residual interest is property of the estate), the escrow account and the funds therein are not property of the Debtor's estate and the Debtor does not control the release of the funds therein.  Accordingly, the Debtor submits that distributions from the escrow account, which are made by a disbursing agent and not the Debtor, should not be used in calculating the U.S. Trustee Quarterly Fee.  For purposes of disclosure, however, the Debtor discloses that during the reporting period, the disbursing agent, in accordance with the terms of the escrow agreement, disbursed the sum of $6,169.94 from the funds held in that escrow account.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

		Operating					Tax						Cash Collateral			Operating			Payroll			Other
		Wells Fargo Bank, NA					Wells Fargo Bank, NA						Capital One Bank			Capital One  Bank			Capital One Bank
		*					*						*			*			*
Balance Per Book				$	29,469.58			$	92.74		$	-		$	-		$	25,745.18		$	100.00		$	-
Balance Per Bank				$	29,698.26			$	92.74		$	-		$	-		$	25,685.23		$	100.00		$	-
(+) Deposits in Transit (Attach List)					-				-			-			-			-			-			-
(-) Outstanding Checks (Attach List)					(228.68	)			-			-			-			-			-			-
Other (Attach Explanation)					-				-			-			-			59.95			-			-
Adjusted Bank Balance *				$	29,469.58			$	92.74		$	-		$	-		$	25,745.18		$	100.00		$	-
* Adjusted bank balance must equal
balance per books
Deposits in Transit		Date		Amount			Date	Amount		Date	Amount		Date	Amount		Date	Amount		Date	Amount		Date	Amount
				$	-			$	-		$	-		$	-		$	-		$	-		$	-
				$	-			$	-		$	-		$	-		$	-		$	-		$	-
Checks Outstanding		Ck.#		Amount			Ck.#	Amount		Ck.#	Amount		Ck.#	Amount		Ck.#	Amount		Ck.#	Amount		Ck.#	Amount
	Voided in October		243811	$	228.68			$	-		$	-		$	-		$	-		$	-		$	-
				$	228.68			$	-		$	-		$	-		$	-		$	-		$	-
Other
	Pay Pal Service Charge			$	-			$	-		$	-		$	-		$	59.95		$	-		$	-
				$	-			$			$			$			$	59.95		$			$

* Account number has been redacted.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID
This schedule is to include all retained professional payments from case inception to current month.
		Period	Amount		Check		Amount Paid		Year-To-Date
	Payee	Covered	Approved	Payor	Number	Date	Fees	Expenses	Fees	Expenses
	NONE

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	-		$	-
Less:  Returns and Allowances
Net Revenue		-			-
Cost of Goods Sold
Beginning Inventory
Add:  Purchases
Add:  Cost of Labor
Add:  Other Costs (attach schedule)
Less:  Ending Inventory
Cost of Goods Sold		-			-
Gross Profit		-			-
Operating Expenses
Advertising
Auto and Truck Expense
Bad Debts
Contributions
Employee Benefits Programs
Insider Compensation *
Insurance
Management Fees/Bonuses
Office Expense
Pension & Profit-Sharing Plans
Repairs and Maintenance
Rent and Lease Expense
Salaries/Commissions/Fees
Supplies
Taxes - Payroll
Taxes - Real Estate
Taxes - Other
Travel and Entertainment
Utilities
Other (attach schedule)
Total Operating Expenses Before Depreciation		-			-
Depreciation/Depletion/Amortization
Net Profit (Loss) Before Other Income & Expenses		-			-
Other Income and Expenses
Other Income (attach schedule)		(533.34	)		(533.34	)
Interest Expense		6.65			6.65
Other Expense (attach schedule)		(526.69	)		(526.69	)
Net Profit (Loss) Before Reorganization Items		526.69			526.69
Reorganization Items
Professional Fees
U.S. Trustee Quarterly Fees
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		-			-
Income Taxes		-			-
Net Profit (Loss)	$	526.69		$	526.69

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
	$	-	$	-
	$	-	$	-
Other Operational Expenses
	$	-	$	-
	$	-	$	-
Other Income
Interest income - escrow accounts	$	533.34	$	533.34
	$	533.34	$	533.34
Other Expenses
	$	-	$	-
	$	-	$	-
Other Reorganization Expenses
	$	-	$	-
	$	-	$	-
Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:
Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET
Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		55,407.50		55,407.50
Restricted Cash and Equivalents (see continuation sheet)		1,311,774.64		1,317,411.24
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses		8,973.52		8,973.52
Professional Retainers
Other Current Assets (attach schedule)		22,721.00		22,721.00
Total Current Assets	$	1,398,876.66	$	1,404,513.26
Property and Equipment
Real Property and Improvements
Machinery and Equipment
Furniture, Fixtures and Office Equipment
Leasehold Improvements
Vehicles
Less Accumulated Depreciation
Total Property & Equipment	$	-	$	-
Other Assets
Loans to Insiders *
Other Assets (see schedule)		3,168,615.99		3,168,615.99
Total Other Assets	$	3,168,615.99	$	3,168,615.99
Total Assets	$	4,567,492.65	$	4,573,129.25
	Book Value at End of		Book Value on
Liabilities And Owner Equity	Current Reporting Month		Petition Date
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable
Taxes Payable (refer to Form MOR-4)
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees
Amounts Due to Insiders *
Other Postpetition Liabilities (attach schedule)
Total Postpetition Liabilities	$	-	$	-
Liabilities Subject to Compromise
Secured Debt		957.21		1,940.56
Priority Debt		1,022.54		1,022.54
Unsecured Debt		3,237,466.39		3,242,646.33
Total Pre-Petition Liabilities	$	3,239,446.14	$	3,245,609.43
Total Liabilities	$	3,239,446.14	$	3,245,609.43
Owner Equity
Capital Stock		100.00		100.00
Additional Paid-In Capital		1,250,000.00		1,250,000.00
Partners' Capital Account
Owner's Equity Account
Retained Earning - Pre-Petition		74,687.82		74,687.82
Retained Earning - Postpetition		526.69
Adjustments to Owner Equity (attach schedule)		2,732.00		2,732.00
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	1,328,046.51	$	1,327,519.82
Total Liabilities and Owners' Equity	$	4,567,492.65	$	4,573,129.25
	$	-	$	-

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET - continuation sheet

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Other Current Assets
Deferred income tax assets		22,721.00
	$	22,721.00	$	-
Other  Assets
Account receivable - RCC, Inc.		263,206.89		263,206.89
Account receivable - RA Liquidating Corp		2,473,273.07		2,473,273.07
Deferred income tax assets		432,136.03		432,136.03
	$	3,168,615.99	$	3,168,615.99
	Book Value at End of		Book Value on
Liabilities And Owner Equity	Current Reporting Month		Petition Date
Other Postpetition Liabilities
	$	-	$	-
Adjustments to Owner Equity
Accum other comprehensive loss		2,732.00		2,732.00
	$	2,732.00	$	2,732.00
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-	$	-

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
STATUS OF POSTPETITION TAXES

	Beginning		Amount Withheld						Check No.		Ending
	Tax Liability		or Accrued		Amount Paid		Date Paid		or EFT		Tax Liability
Federal
Withholding	$	-	$	-	$	-					$	-
FICA-Employee												-
FICA-Employer												-
Unemployment												-
Income												-
Other:												-
Total Federal Taxes	$	-	$	-	$	-					$	-
State and Local
Withholding		-		-		-						-
Sales												-
Excise												-
Unemployment												-
Real Property												-
Personal Property
Other:												-
Total State and Local	$	-	$	-	$	-					$	-
Total Taxes	$	-	$	-	$	-					$	-
SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable
	Current			0-30		31-60		61-90	Over 90		Total
Accounts Payable	$	-	$	-	$	-	$	-	$	-	$	-
Wages Payable
Taxes Payable
Rent/Leases-Building
Rent/Leases-Equipment
Secured Debt/Adequate Protection Payments
Professional Fees
Amounts Due to Insiders *
Other:
Other:
Total Postpetition Debts	$	-	$	-	$	-	$	-	$	-	$	-

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	-
(+) Amounts billed during the period		-
(-) Amounts collected during the period		-
Total Accounts Receivable at the end of the reporting period			$	-
Accounts Receivable Aging	Amount
0 - 30 days old		-
31 - 60 days old		-
61 - 90 days old		-
91 + days old		-
Total Accounts Receivable			$	-
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)			$	-

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business		X
	this reporting period?  If yes, provide an explanation below.
2.	Have any funds been disbursed from any account other than a debtor in possession		X
	account this reporting period?  If yes, provide an explanation
3.	Have all postpetition tax returns been timely filed?  If no, provide an explanation	X
	below.
4.	Are workers compensation, general liability and other necessary insurance	X
	coverage in effect?  If no, provide an explanation below.
5.	Has any bank account been opened during the reporting period?  If yes, provide		X
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.

EX-99.3 4 ex99-3.htm EXHIBIT 99.3

Exhibit 99.3

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.
Submit copy of report to any official committee appointed in the case
		Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS	Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements	MOR-1	X
Bank Reconciliation (or copies of debtor's bank reconciliation)	MOR-1a	X
Schedule of Professional Fees Paid	MOR-1b	X
Copies of bank statements		X
Cash disbursements journals		X
Statement of Operations	MOR-2	X
Balance Sheet	MOR-3	X
Status of Postpetition Taxes	MOR-4	X
Copies of IRS Form 6123 or payment receipt		X
Copies of tax returns filed during reporting period		X
Summary of Unpaid Postpetition Debts	MOR-4	X
Listing of aged accounts payable	MOR-4	X
Accounts Receivable Reconciliation and Aging	MOR-5	X
Debtor Questionnaire	MOR-5	X

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
are true and correct to the best of my knowledge and belief.
Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Daryl Holcomb	Nov. 18, 2010
Signature of Authorized Individual *	Date
Daryl Holcomb	Vice President
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor
is a partnership; a manager or member if debtor is a limited liability company.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

	Bank Accounts										Current Month					Cumulative Filing to Date
	Operating			Payroll		Tax		Other			Actual			Projected		Actual			Projected
Cash Beginning of Month	$	36,772.07		$	-	$	1,718.81	$	1,507.11		$	39,997.99		$	-	$	39,997.99		$	-
Receipts	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Cash Sales	$	-		$	-	$	-	$	-		$	-		$	-	$	-		$	-
Accounts Receivable  (1)									861,747.28			861,747.28					861,747.28
Loans and Advances		731,000.00										731,000.00					731,000.00
Sale of Assets												-
Other (Attach List) (2)									(41,165.99	)		(41,165.99	)				(41,165.99	)
Transfers (From DIP Accts.)					111,350.11		39,699.56					151,049.67					151,049.67
Change in clearings									217.35			217.35					217.35
Total Receipts	$	731,000.00		$	111,350.11	$	39,699.56	$	820,798.64		$	1,702,848.31		$	-	$	1,702,848.31		$	-
Disbursements	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Net Payroll	$	-		$	111,350.11	$	-	$	-		$	111,350.11		$	-	$	111,350.11		$	-
Payroll Taxes		192.30					38,239.31					38,431.61					38,431.61
Sales, Use, & Other Taxes												-
Inventory Purchases		401,890.84										401,890.84					401,890.84
Secured/Rental/Leases		17,261.50										17,261.50					17,261.50
Insurance		40,783.12										40,783.12					40,783.12
Administrative		4,801.11										4,801.11					4,801.11
Selling												-
Other (Attach List)		153,007.72										153,007.72					153,007.72
Loan payments									820,581.29			820,581.29					820,581.29
Owner Draw *												-
Transfers (To DIP Accts)		151,049.67										151,049.67					151,049.67
												-
Professional Fees												-
U.S. Trustee Quarterly Fees												-
Court Costs												-
Total Disbursements	$	768,986.26		$	111,350.11	$	38,239.31	$	820,581.29		$	1,739,156.97		$	-	$	1,739,156.97		$	-
Net Cash Flow		(37,986.26	)		-		1,460.25		217.35			(36,308.66	)				(36,308.66	)
(Receipts Less Disbursements)
Cash - End of Month	$	(1,214.19	)	$	-	$	3,179.06	$	1,724.46		$	3,689.33		$	-	$	3,689.33		$	-
* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate

THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements	$	1,739,156.97
Less: Transfers to Debtor in Possession Accounts		(151,049.67	)
Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees	$	1,588,107.30
(1) All receipts were swept by the lender and applied directly to the secured debt.
(2) Forward of receipts belonging to Zippo Mfg to Zippo.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	8/17/10 - 9/30/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

	Operating					Tax						Cash Collateral				Operating			Payroll					Other
	Wells Fargo Bank, NA					Wells Fargo Bank, NA						Capital One Bank				Capital One  Bank			Capital One  Bank					Cash on hand
	*					*						*				*			*
Balance Per Book			$	(1,214.19	)		$	3,179.06		$	-		$	-			$	120.58			$	-			$	1,603.88
Balance Per Bank			$	47,951.53			$	3,179.06		$	-		$	32,513.82			$	119.94			$	21,703.15			$	1,603.88
(+) Deposits in Transit (Attach List)				-				-			-			-				-				-				-
(-) Outstanding Checks (Attach List)				(48,415.31	)			-			-			-				-				(21,706.75	)			-
Other (Attach Explanation)				(750.41	)			-			-			(32,513.82	)			0.64				3.60				-
Adjusted Bank Balance *			$	(1,214.19	)		$	3,179.06		$	-		$	-			$	120.58			$	0.00			$	1,603.88
* Adjusted bank balance must equal
balance per books
Deposits in Transit	Date		Amount			Date	Amount		Date	Amount		Date	Amount			Date	Amount		Date		Amount			Date	Amount
			$	-			$	-		$	-		$	-			$	-			$	-			$	-
			$	-			$	-		$	-		$	-			$	-			$	-			$	-
Checks Outstanding	Ck.#		Amount			Ck.#	Amount		Ck.#	Amount		Ck.#	Amount			Ck.#	Amount		Ck.#		Amount			Ck.#	Amount
		32815	$	474.00																20554	$	65.17
		32867		124.17																20560		529.93
		32869		88.97																20564		313.00
		32870		630.55																20575		424.40
		32871		12,567.44																20576		376.23
		32872		6,121.00																20577		469.41
		32873		159.13																20578		367.48
		32874		245.00																20579		923.01
		32875		6,967.92																20580		492.27
		32287		669.25																20581		436.85
		32890		1,640.97																20582		532.03
		32891		28.88																20583		470.66
		32892		198.09																20584		98.10
		32893		176.72																20585		994.21
		32894		64.98																20586		242.77
		32895		258.95																20587		429.07
		32896		3,542.54																20588		516.82
		32897		79.84																20589		400.03
		32898		374.69																20590		749.75
		32899		1,280.61																20591		726.27
		32900		1,551.50																20592		280.86
		32901		334.37																20593		539.13
		32902		102.29																20594		565.49
		32903		218.00																20595		754.58
		32888		375.10																20596		493.32
		32889		5,022.19																20597		4,462.80
		32904		4,728.16																20598		1,124.39
		32905		390.00																20599		1,503.77
																				20600		2,424.95
			$	48,415.31			$	-		$	-		$	-			$	-			$	21,706.75			$	-
Other
Pre-petition checks to be voided			$	-			$	-		$	-		$	-			$	-			$	-			$	-
31081				(237.06	)
31934				(100.00	)
31979				(25.00	)
Transfer recorded twice 08/04				(492.27	)
Wrong amount recorded transfer 8/17				300.00
Draft 9/28  - NJ				(192.30	)
Unreconciled variance				(3.78	)													0.64				3.60
Receipts to be applied to loan														(32,513.82	)
			$	(750.41	)		$	-		$	-		$	(32,513.82	)		$	0.64			$	3.60			$	-

* Account number has been redacted.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

	Period	Amount		Check		Amount Paid		Year-To-Date
Payee	Covered	Approved	Payor	Number	Date	Fees	Expenses	Fees	Expenses
NONE

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	892,637.00		$	892,637.00
Less:  Returns and Allowances
Net Revenue		892,637.00			892,637.00
Cost of Goods Sold
Beginning Inventory		223,977.00			223,977.00
Add:  Purchases		428,327.00			428,327.00
Add:  Cost of Labor		129,443.00			129,443.00
Add:  Other Costs (attach schedule)		144,681.00			144,681.00
Less:  Ending Inventory		(240,469.00	)		(240,469.00	)
Cost of Goods Sold		685,959.00			685,959.00
Gross Profit		206,678.00			206,678.00
Operating Expenses
Advertising
Auto and Truck Expense		589.00			589.00
Bad Debts
Contributions
Employee Benefits Programs		4,605.00			4,605.00
Insider Compensation *
Insurance		2,008.00			2,008.00
Management Fees/Bonuses - RCLC fees		150,000.00			150,000.00
Office Expense		5,113.00			5,113.00
Pension & Profit-Sharing Plans		624.00			624.00
Repairs and Maintenance
Rent and Lease Expense
Salaries/Commissions/Fees		30,046.00			30,046.00
Supplies		441.00			441.00
Taxes - Payroll		1,112.00			1,112.00
Taxes - Real Estate
Taxes - Other
Travel and Entertainment
Utilities
Other (attach schedule)		58,009.00			58,009.00
Total Operating Expenses Before Depreciation		252,547.00			252,547.00
Depreciation/Depletion/Amortization		23,736.00			23,736.00
Net Profit (Loss) Before Other Income & Expenses		(69,605.00	)		(69,605.00	)
Other Income and Expenses
Other Income (attach schedule)
Interest Expense		45,471.00			45,471.00
Other Expense (attach schedule)
Net Profit (Loss) Before Reorganization Items		(115,076.00	)		(115,076.00	)
Reorganization Items
Professional Fees
U.S. Trustee Quarterly Fees
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		-			-
Income Taxes
Net Profit (Loss)	$	(115,076.00	)	$	(115,076.00	)

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
Building & ramp department costs	$	127,632.00	$	127,632.00
Avionics department costs		974.00		974.00
Maintenance department costs		5,297.00		5,297.00
Parts & service administration costs		10,778.00		10,778.00
	$	144,681.00	$	144,681.00
Other Operational Expenses
Audit fees	$	5,000.00	$	5,000.00
Legal fees
Fees charged by the secured lender		33,394.00		33,394.00
Amortization of loan costs		4,505.00		4,505.00
Allocation of RCLC personnel expenses		15,110.00		15,110.00
	$	58,009.00	$	58,009.00
Other Income
	$	-	$	-
	$	-	$	-
Other Expenses
	$	-	$	-
	$	-	$	-
Other Reorganization Expenses
	$	-	$	-
	$	-	$	-

Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:

Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

BALANCE SHEET

Accrual Basis

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Current Assets
Unrestricted Cash and Equivalents		3,689.00			39,998.00
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)		252,629.00			143,218.00
Notes Receivable
Inventories		240,469.00			223,977.00
Prepaid Expenses		127,923.00			91,243.00
Professional Retainers		25,000.00			25,000.00
Other Current Assets (attach schedule)		559,043.00			527,549.00
Total Current Assets	$	1,208,753.00		$	1,050,985.00
Property and Equipment
Real Property and Improvements		5,505,335.00			5,505,335.00
Machinery and Equipment		667,352.00			667,352.00
Furniture, Fixtures and Office Equipment		347,127.00			346,616.00
Leasehold Improvements		1,108,308.00			1,108,308.00
Vehicles		15,872.00			15,872.00
Less Accumulated Depreciation		(4,412,711.00	)		(4,389,112.00	)
Total Property & Equipment	$	3,231,283.00		$	3,254,371.00
Other Assets
Loans to Insiders *
Other Assets (see schedule)		3,430,429.00			3,514,233.00
Total Other Assets	$	3,430,429.00		$	3,514,233.00
Total Assets	$	7,870,465.00		$	7,819,589.00
	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable		76,148.00
Taxes Payable (refer to Form MOR-4)		11,411.00
Wages Payable		25,892.00
Notes Payable
Rent/Leases - Building/Equipment		6,351.00
Secured Debt / Adequate Protection Payments
Professional Fees		16,378.00
Amounts Due to Insiders *
Other Postpetition Liabilities (attach schedule)		119,653.00
Total Postpetition Liabilities	$	255,833.00		$	-
Liabilities Subject to Compromise
Secured Debt		3,554,099.00			3,576,750.00
Priority Debt		21,836.00			21,836.00
Unsecured Debt		3,167,609.00			3,234,839.00
Total Pre-Petition Liabilities	$	6,743,544.00		$	6,833,425.00
Total Liabilities	$	6,999,377.00		$	6,833,425.00
Owner Equity
Capital Stock		9,040.00			9,040.00
Additional Paid-In Capital		5,987,036.00			5,987,036.00
Partners' Capital Account
Owner's Equity Account
Retained Earning - Pre-Petition		(5,009,912.00	)		(5,009,912.00	)
Retained Earning - Postpetition		(115,076.00	)
Adjustments to Owner Equity (attach schedule)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	871,088.00		$	986,164.00
Total Liabilities and Owners' Equity	$	7,870,465.00		$	7,819,589.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

BALANCE SHEET - continuation sheet

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Other Current Assets
Deferred income tax assets		120,059.00			120,059.00
Deferred costs of business sale		414,373.00			397,995.00
Other receivables		24,611.00			9,495.00
	$	559,043.00		$	527,549.00
Other  Assets
Deferred income tax assets		888,294.00			888,294.00
Deferred loan costs		93,697.00			98,201.00
Trademark		2,000.00			2,000.00
Accrued income tax  - intercompany allocation		313,071.00			313,071.00
Account receivable - RCLC		2,133,367.00			2,212,667.00
	$	3,430,429.00		$	3,514,233.00
	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Other Postpetition Liabilities
Employee 401k deductions	$	5,660.00		$	-
Other payroll deductions		453.00
Accrued vacation, sick, and holiday pay		12,914.00
Accrued audit fees		5,000.00
Accrued line service incentive pay		2,500.00
Accrued interest expense		30,100.00
Accrued other bank charges		15,035.00
Accrued 401k Company match		2,673.00
Accrued credit card fees		4,238.00
Cash in advance payments		(5,498.00	)
Accrued other		3,172.00
Deferred rental income		43,406.00
	$	119,653.00		$	-
Adjustments to Owner Equity
	$	-		$	-
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-		$	-

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

STATUS OF POSTPETITION TAXES

	Beginning			Amount Withheld						Check No.		Ending
	Tax Liability			or Accrued		Amount Paid		Date Paid		or EFT		Tax Liability
Federal
Withholding                      (1)	$	(500.00	)	$	18,239.55	$	14,723.39					$	3,016.16
FICA-Employee					11,041.46		9,155.49						1,885.97
FICA-Employer					11,041.46		9,155.49						1,885.97
Unemployment					14.40								14.40
Income													-
Other:													-
Total Federal Taxes	$	(500.00	)	$	40,336.87	$	33,034.37					$	6,802.50
State and Local
Withholding - New Jersey		-			2,344.10		1,961.42						382.68
Withholding - Pennsylvania		-			1,612.93		-						1,612.93
Sales					3,223.09		1,730.72	9/20/2010					1,492.37
Excise													-
Unemployment - New Jersey					1,120.38								1,120.38
Real Property                       (2)		(19,585.80	)		19,585.80								-
Personal Property													-
Other:													-
Total State and Local	$	(19,585.80	)	$	27,886.30	$	3,692.14					$	4,608.36
Total Taxes	$	(20,085.80	)	$	68,223.17	$	36,726.51					$	11,410.86
(1) Overpayment in July 2010 applied to third quarter
(2) Third quarter property taxes paid earlier in the quarter.
SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable
	Current			0-30		31-60		61-90		Over 90		Total
Accounts Payable	$	76,148.31		$	23.88	$	-	$	-	$	-	$	76,172.19
Wages Payable		25,892.00											25,892.00
Taxes Payable		11,410.86											11,410.86
Rent/Leases-Building		6,351.00											6,351.00
Rent/Leases-Equipment													-
Secured Debt/Adequate Protection Payments													-
Professional Fees		16,378.40											16,378.40
Amounts Due to Insiders *													-
Other:  Employee deductions		6,113.00											6,113.00
Other:  Accrued expenses & deferred income		113,540.00											113,540.00
Total Postpetition Debts	$	255,833.57		$	23.88	$	-	$	-	$	-	$	255,857.45

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	154,543.12
(+) Amounts billed during the period		948,817.67
(-) Amounts collected during the period		820,466.65
(-) Credit card fees and credits during the period		19,177.57
Total Accounts Receivable at the end of the reporting period				$	263,716.57
Accounts Receivable Aging	Amount
0 - 30 days old		228,913.06
31 - 60 days old		41,293.10
61 - 90 days old		5,576.44
91 + days old		(12,066.03	)
Total Accounts Receivable				$	263,716.57
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)				$	263,716.57

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business		X
	this reporting period?  If yes, provide an explanation below.
2.	Have any funds been disbursed from any account other than a debtor in possession		X
	account this reporting period?  If yes, provide an explanation
3.	Have all postpetition tax returns been timely filed?  If no, provide an explanation	X
	below.
4.	Are workers compensation, general liability and other necessary insurance	X
	coverage in effect?  If no, provide an explanation below.
5.	Has any bank account been opened during the reporting period?  If yes, provide		X
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.

-----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.

Submit copy of report to any official committee appointed in the case

		Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS	Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements	MOR-1	P
Bank Reconciliation (or copies of debtor's bank reconciliation)	MOR-1a	P
Schedule of Professional Fees Paid	MOR-1b	P
Copies of bank statements		P
Cash disbursements journals		P
Statement of Operations	MOR-2	P
Balance Sheet	MOR-3	P
Status of Postpetition Taxes	MOR-4	P
Copies of IRS Form 6123 or payment receipt
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts	MOR-4	P
Listing of aged accounts payable	MOR-4	P
Accounts Receivable Reconciliation and Aging	MOR-5	N/A
Debtor Questionnaire	MOR-5	P

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
are true and correct to the best of my knowledge and belief.
Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Daryl Holcomb	Nov. 18, 2010
Signature of Authorized Individual *	Date
Daryl Holcomb	Vice President
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor
is a partnership; a manager or member if debtor is a limited liability company.

In re	RCLC, INC.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

	Bank Accounts											Current Month					Cumulative Filing to Date
	Operating			Payroll		Tax			Other			Actual			Projected		Actual			Projected
Cash Beginning of Month	$	32,564.65		$	999.81	$	484.90		$	2,790.88		$	36,840.24		$	-	$	36,840.24		$	-
Receipts	Amount			Amount		Amount			Amount			Amount			Amount		Amount			Amount
Cash Sales	$	-		$	-	$	-		$	-		$	-		$	-	$	-		$	-
Accounts Receivable													-					-
Loans and Advances													-					-
Sale of Assets													-					-
Other (see below)		415.00			-		51.82			-			466.82					466.82
Transfers (From DIP Accts.)		65,406.26			36,268.19		10,277.53			1,048.02			113,000.00					113,000.00
Total Receipts	$	65,821.26		$	36,268.19	$	10,329.35		$	1,048.02		$	113,466.82		$	-	$	113,466.82		$	-
Disbursements	Amount			Amount		Amount			Amount			Amount			Amount		Amount			Amount
Net Payroll	$	4,171.30		$	36,268.19				$	2,774.85		$	43,214.34				$	43,214.34		$	-
Payroll Taxes							10,277.23						10,277.23					10,277.23
Sales, Use, & Other Taxes													-					-
Inventory Purchases													-					-
Secured/Rental/Leases		7,751.20											7,751.20					7,751.20
Insurance		48,062.58											48,062.58					48,062.58
Administrative		10,651.48											10,651.48					10,651.48
Selling													-					-
Other (see below)		7,940.42					433.72						8,374.14					8,374.14
Owner Draw *													-					-
Transfers (To DIP Accts)													-					-
Professional Fees		18,658.55											18,658.55					18,658.55
U.S. Trustee Quarterly Fees													-					-
Court Costs													-					-
Total Disbursements	$	97,235.53		$	36,268.19	$	10,710.95		$	2,774.85		$	146,989.52		$	-	$	146,989.52		$	-
Net Cash Flow	$	(31,414.27	)	$	-	$	(381.60	)	$	(1,726.83	)		(33,522.70	)				(33,522.70	)
(Receipts Less Disbursements)
Cash - End of Month	$	1,150.38		$	999.81	$	103.30		$	1,064.05		$	3,317.54		$	-	$	3,317.54		$	-
* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate

THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements									$	146,989.52
Less: Transfers to Debtor in Possession Accounts										-
Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees									$	146,989.52
Other Receipts:
Pre-DIP check not cashed (voided) PR Newswire		415.00
Adj per reconciliation of Pre-DIP Payment						51.82
	$	415.00	$	-	$	51.82	$	-
Other Expense :
Stock Related Exp. - Registrar & Transfer		4,900.00
Information Release Costs - PR NewsWire		415.00
Adj per reconciliation of Pre-DIP Payment						433.72
Bank Fees  -  Capital One		2,256.27
Outside Print. - Commerce Financial Printers		369.15
		7,940.42		-		433.72		-

In re	RCLC, INC.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

	Operating					Tax			401K				Cash Collateral			Operating				Payroll					Other
	Wells Fargo Bank, NA					Wells Fargo Bank, NA			Wells Fargo Bank, NA				Wells Fargo Bank, NA			Capital One Bank				Capital One Bank
	*					*			*				*			*				*
Balance Per Book			$	3,881.85			$	103.30		$	992.79			$	-		$	(2,731.27	)			$	999.81			$	-
Bank Balance			$	34,450.35			$	99.80		$	1,166.96			$	-		$	(1,670.55	)			$	11,220.41			$	-
(+) Deposits in Transit (Attach List)				-				-			-				-			-					-				-
(-) Outstanding Checks (Attach List)				(30,093.50	)			-			-				-			-					(11,365.35	)			-
Other (Attach Explanation)				(475.00	)			3.50			(174.17	)			-			(1,060.72	)				1,144.75				-
Adjusted Bank Balance *			$	3,881.85			$	103.30		$	992.79			$	-		$	(2,731.27	)			$	999.81			$	-
* Adjusted bank balance must equal
balance per books
Deposits in Transit	Date		Amount			Date	Amount		Date	Amount			Date	Amount		Date	Amount			Date		Amount			Date	Amount
			$	-			$	-		$	-			$	-		$	-				$	-			$	-
			$	-			$	-		$	-			$	-		$	-				$	-			$	-
Checks Outstanding	Ck.#		Amount			Ck.#	Amount		Ck.#	Amount			Ck.#	Amount		Ck.#	Amount			Ck.#		Amount			Ck.#	Amount
		16126	$	19,826.80			$	-		$	-			$	-		$	-			2652	$	145.73			$	-
		16127		1,874.12																	2937		5,080.11
		16128		2,332.58																	2938		1,449.97
		16129		3,160.00																	2939		2,156.79
		16130		2,900.00																	2940		2,012.15
																					2942		520.60
			$	30,093.50			$	-		$	-			$	-		$	-				$	11,365.35			$	-
Other
NJ Tax Payment 3/10/10 diff. due to rounding							$	3.00
Over Deposit 4/14/09 due to rounding							$	0.01
Over Deposit 4/28/09 due to rounding							$	0.49
Payment to Exxon not debited				(475.00	)
Over deposit on 7/23/10											(174.17	)
Charge off Recovery Debit																							1,610.17
Service Charge August																		(1,060.72	)
Check rejected by bank																							(567.77	)
ACH withdrawal - Intuit for payroll checks																							102.35
			$	(475.00	)		$	3.50		$	(174.17	)		$	-		$	(1,060.72	)			$	1,144.75			$	-

* Account number has been redacted.

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID
This schedule is to include all retained professional payments from case inception to current month.

	Period	Amount		Check		Amount Paid		Year-To-Date
Payee	Covered	Approved	Payor	Number	Date	Fees	Expenses	Fees	Expenses
SSG Capital		15,158.55	RCLC	16120	09/16/10	15,158.55		15,158.55

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS
(Income Statement)
Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	150,000.00		$	150,000.00
Less:  Returns and Allowances
Net Revenue		150,000.00			150,000.00
Cost of Goods Sold
Beginning Inventory
Add:  Purchases
Add:  Cost of Labor
Add:  Other Costs (attach schedule)
Less:  Ending Inventory
Cost of Goods Sold		-			-
Gross Profit		150,000.00			150,000.00
Operating Expenses
Advertising
Auto and Truck Expense		804.60			804.60
Bad Debts
Contributions
Employee Benefits Programs		20,138.99			20,138.99
Insider Compensation *		5,100.00			5,100.00
Insurance		16,579.62			16,579.62
Management Fees/Bonuses		-			-
Office Expense		841.64			841.64
Pension & Profit-Sharing Plans
Repairs and Maintenance		4,894.72			4,894.72
Rent and Lease Expense		5,185.60			5,185.60
Salaries/Commissions/Fees		102,914.31			102,914.31
Supplies		370.90			370.90
Taxes - Payroll		7,342.96			7,342.96
Taxes - Real Estate
Taxes - Other
Travel and Entertainment		4,394.17			4,394.17
Utilities		1,074.56			1,074.56
Other (attach schedule)		5,954.95			5,954.95
Total Operating Expenses Before Depreciation		175,597.02			175,597.02
Depreciation/Depletion/Amortization
Net Profit (Loss) Before Other Income & Expenses		(25,597.02	)		(25,597.02	)
Other Income and Expenses
Other Income (attach schedule)		(4,299.75	)		(4,299.75	)
Interest Expense		5,517.95			5,517.95
Other Expense (attach schedule)		12,606.62			12,606.62
Net Profit (Loss) Before Reorganization Items		(39,421.84	)		(39,421.84	)
Reorganization Items
Professional Fees
U.S. Trustee Quarterly Fees
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		-			-
Income Taxes
Net Profit (Loss)	$	(39,421.84	)	$	(39,421.84	)

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
None	$	-	$	-
	$	-	$	-
Other Operational Expenses
Stock Transfers - Registrar & Transfer	$	3,900.00	$	3,900.00
Information Release Cost - PR News Wire		415.00		415.00
Other Stock Related Expense - Registrar & Transfer		1,000.00		1,000.00
Bank Service Fees - Wells Fargo		580.55		580.55
Penalties & Late Charges - Pitney Bowes		59.40		59.40
	$	5,954.95	$	5,954.95
Other Income
Dividend Income - Split Dollar Insurance	$	4,299.75	$	4,299.75
	$	4,299.75	$	4,299.75
Other Expenses
Auditing & Tax Fees - Demetrius	$	4,875.00	$	4,875.00
Rights Plan Amortization		495.12		495.12
Legal Fee - General Accrual		2,250.00		2,250.00
Insurance Advisors		3,500.00		3,500.00
401K Administrators		1,186.50		1,186.50
Actuarial Services		300.00		300.00
	$	12,606.62	$	12,606.62
Other Reorganization Expenses
	$	-	$	-
	$	-	$	-
Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:
Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding.

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET
Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		3,317.74		36,840.24
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses		234,932.43		242,091.94
Professional Retainers		54,703.60		54,703.60
Other Current Assets (attach schedule)		250,768.00		250,768.00
Total Current Assets	$	543,721.77	$	584,403.78
Property and Equipment
Real Property and Improvements
Machinery and Equipment
Furniture, Fixtures and Office Equipment
Leasehold Improvements
Vehicles
Less Accumulated Depreciation
Total Property & Equipment	$	-	$	-
Other Assets
Loans to Insiders *
Other Assets (see schedule)		17,108,527.02		17,107,507.81
Total Other Assets	$	17,108,527.02	$	17,107,507.81
Total Assets	$	17,652,248.79	$	17,691,911.59

	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable		18,008.46
Taxes Payable (refer to Form MOR-4)		4,881.52
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees
Amounts Due to Insiders * (defined in 11 U.S.C. Section 101(31))		3,003.62
Other Postpetition Liabilities (attach schedule)		524.01
Total Postpetition Liabilities	$	26,417.61		$	-
Liabilities Subject to Compromise
Secured Debt		2,005,050.59			2,005,050.59
Priority Debt		50,423.19			51,133.31
Unsecured Debt		9,468,127.10			9,494,075.61
Total Pre-Petition Liabilities	$	11,523,600.88		$	11,550,259.51
Total Liabilities	$	11,550,018.49		$	11,550,259.51
Owner Equity
Capital Stock		5,172,577.50			5,172,577.50
Additional Paid-In Capital		30,006,795.83			30,006,795.83
Partners' Capital Account
Owner's Equity Account
Retained Earning - Pre-Petition		(27,441,051.23	)		(27,441,051.23	)
Retained Earning - Postpetition		(39,421.78	)
Adjustments to Owner Equity (attach schedule)		(1,596,670.02	)		(1,596,670.02	)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	6,102,230.30		$	6,141,652.08
Total Liabilities and Owners' Equity	$	17,652,248.79		$	17,691,911.59

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET - continuation sheet

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Other Current Assets
Current Deferred Tax Asset		250,768.00			250,768.00
	$	250,768.00		$	250,768.00
Other  Assets
Investment in Subsidiaries		8,972,480.35			8,972,480.35
Intercompany Receivables - Prometcor		4,686,643.53			4,686,643.53
Intercompany Receivables - RCPC Liquidating		1,001,365.24			999,740.57
Deferred Sale costs - Ronson Aviation		348,601.95			348,601.95
Non-Current Deferred Tax Asset		2,034,742.68			2,034,742.68
Rights Plan		3,630.74			4,125.86
Cash Surrender Value - Life Insurance		61,062.53			61,172.87
	$	17,108,527.02		$	17,107,507.81
	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Other Postpetition Liabilities
401k Contribution W/H - Employee		524.01			-
	$	524.01		$	-
Adjustments to Owner Equity
Treasury Stock		(1,596,670.02	)		(1,596,670.02	)
	$	(1,596,670.02	)	$	(1,596,670.02	)
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-		$	-

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
STATUS OF POSTPETITION TAXES

	Beginning		Amount Withheld							Check No.		Ending
	Tax Liability		or Accrued		Amount Paid			Date Paid		or EFT		Tax Liability
Federal
Withholding	$	-	$	7,838.00	$	(5,288.00	)					$	2,550.00
FICA-Employee				2,439.78		(1,668.51	)						771.27
FICA-Employer				2,439.76		(1,668.51	)						771.25
Unemployment				266.86									266.86
Income													-
Other:													-
Total Federal Taxes	$	-	$	12,984.40	$	(8,625.02	)					$	4,359.38
State and Local
Withholding		-		1,210.24		(1,073.38	)						136.86
Sales													-
Excise													-
Unemployment				328.89									328.89
Real Property													-
Personal Property
Other:				56.39									56.39
Total State and Local	$	-	$	1,595.52	$	(1,073.38	)					$	522.14
Total Taxes	$	-	$	14,579.92	$	(9,698.40	)					$	4,881.52
SUMMARY OF UNPAID POSTPETITION DEBTS
Attached listing of accounts payable
	Current		0-30		31-60			61-90		Over 90		Total
Accounts Payable	$	15,345.51	$	2,662.95	$	-		$	-	$	-	$	18,008.46
Wages Payable													-
Taxes Payable				4,881.52									4,881.52
Rent/Leases-Building													-
Rent/Leases-Equipment													-
Secured Debt/Adequate Protection Payments													-
Professional Fees													-
Amounts Due to Insiders *				3,003.62									3,003.62
Other: 401K Employee				524.01									524.01
Other:													-
Total Postpetition Debts	$	15,345.51	$	11,072.10	$	-		$	-	$	-	$	26,417.61

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	08/18/10 - 09/30/10
ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	-
(+) Amounts billed during the period		-
(-) Amounts collected during the period		-
Total Accounts Receivable at the end of the reporting period			$	-
Accounts Receivable Aging	Amount
0 - 30 days old		-
31 - 60 days old		-
61 - 90 days old		-
91 + days old		-
Total Accounts Receivable			$	-
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)			$	-

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business		P
	this reporting period?  If yes, provide an explanation below.
2.	Have any funds been disbursed from any account other than a debtor in possession		P
	account this reporting period?  If yes, provide an explanation
3.	Have all postpetition tax returns been timely filed?  If no, provide an explanation	P
	below.
4.	Are workers compensation, general liability and other necessary insurance	P
	coverage in effect?  If no, provide an explanation below.
5.	Has any bank account been opened during the reporting period?  If yes, provide		P
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.

EX-99.2

Exhibit 99.2

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re	RCPC Liquidating Corp		Case No.		10-35318-MBK
			Reporting Period		08/18/10 - 09/30/10
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.
Submit copy of report to any official committee appointed in the case
			Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS		Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements		MOR-1	X
Bank Reconciliation (or copies of debtor's bank reconciliation)		MOR-1a	X
Schedule of Professional Fees Paid		MOR-1b	X
Copies of bank statements			X
Cash disbursements journals			None
Statement of Operations		MOR-2	X
Balance Sheet		MOR-3	X
Status of Postpetition Taxes		MOR-4	X
Copies of IRS Form 6123 or payment receipt			N/A
Copies of tax returns filed during reporting period			None
Summary of Unpaid Postpetition Debts		MOR-4	X
Listing of aged accounts payable		MOR-4	X
Accounts Receivable Reconciliation and Aging		MOR-5	X
Debtor Questionnaire		MOR-5	X

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
are true and correct to the best of my knowledge and belief.
Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Daryl Holcomb	Nov. 18, 2010
Signature of Authorized Individual *	Date
Daryl Holcomb	Vice President
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor
is a partnership; a manager or member if debtor is a limited liability company.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

		Bank Accounts								Current Month				Cumulative Filing to Date
		Operating		Payroll		Tax		Other		Actual		Projected		Actual		Projected
Cash Beginning of Month		$	55,214.76	$	100.00	$	92.74	$	-	$	55,407.50	$	-	$	55,407.50	$	-
Receipts		Amount		Amount		Amount		Amount		Amount		Amount		Amount		Amount
	Cash Sales	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	Accounts Receivable										-
	Loans and Advances										-
	Sale of Assets										-
	Other (Attach List)										-
	Transfers (From DIP Accts.)										-
	Total Receipts	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Disbursements		Amount		Amount		Amount		Amount		Amount		Amount		Amount		Amount
	Net Payroll	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	Payroll Taxes										-
	Sales, Use, & Other Taxes										-
	Inventory Purchases										-
	Secured/Rental/Leases										-
	Insurance										-
	Administrative										-
	Selling										-
	Other (Attach List)										-
											-
	Owner Draw *										-
	Transfers (To DIP Accts)										-
											-
	Professional Fees										-
	U.S. Trustee Quarterly Fees										-
	Court Costs										-
	Total Disbursements	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Net Cash Flow
(Receipts Less Disbursements)			-		-		-		-		-				-
Cash - End of Month		$	55,214.76	$	100.00	$	92.74	$	-	$	55,407.50	$	-	$	55,407.50	$	-
* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate
	THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements																$	-
	Less: Transfers to Debtor in Possession Accounts																-
*	Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)																-
Total Disbursements for Calculating U.S. Trustee Quarterly Fees																$	-

*  In accordance with the terms of the pre-petition sale of substantially all of its assets, the Debtor entered into a pre-petition escrow agreement with the buyer, setting up an escrow account, pursuant to which the buyer and the Debtor, as seller, are permitted to draw certain sums therefrom, solely to the extent provided in that agreement.  While the Debtor has a residual interest in the escrow account (which residual interest is property of the estate), the escrow account and the funds therein are not property of the Debtor's estate and the Debtor does not control the release of the funds therein.  Accordingly, the Debtor submits that distributions from the escrow account, which are made by a disbursing agent and not the Debtor, should not be used in calculating the U.S. Trustee Quarterly Fee.  For purposes of disclosure, however, the Debtor discloses that during the reporting period, the disbursing agent, in accordance with the terms of the escrow agreement, disbursed the sum of $6,169.94 from the funds held in that escrow account.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

		Operating					Tax						Cash Collateral			Operating			Payroll			Other
		Wells Fargo Bank, NA					Wells Fargo Bank, NA						Capital One Bank			Capital One  Bank			Capital One Bank
		*					*						*			*			*
Balance Per Book				$	29,469.58			$	92.74		$	-		$	-		$	25,745.18		$	100.00		$	-
Balance Per Bank				$	29,698.26			$	92.74		$	-		$	-		$	25,685.23		$	100.00		$	-
(+) Deposits in Transit (Attach List)					-				-			-			-			-			-			-
(-) Outstanding Checks (Attach List)					(228.68	)			-			-			-			-			-			-
Other (Attach Explanation)					-				-			-			-			59.95			-			-
Adjusted Bank Balance *				$	29,469.58			$	92.74		$	-		$	-		$	25,745.18		$	100.00		$	-
* Adjusted bank balance must equal
balance per books
Deposits in Transit		Date		Amount			Date	Amount		Date	Amount		Date	Amount		Date	Amount		Date	Amount		Date	Amount
				$	-			$	-		$	-		$	-		$	-		$	-		$	-
				$	-			$	-		$	-		$	-		$	-		$	-		$	-
Checks Outstanding		Ck.#		Amount			Ck.#	Amount		Ck.#	Amount		Ck.#	Amount		Ck.#	Amount		Ck.#	Amount		Ck.#	Amount
	Voided in October		243811	$	228.68			$	-		$	-		$	-		$	-		$	-		$	-
				$	228.68			$	-		$	-		$	-		$	-		$	-		$	-
Other
	Pay Pal Service Charge			$	-			$	-		$	-		$	-		$	59.95		$	-		$	-
				$	-			$			$			$			$	59.95		$			$

* Account number has been redacted.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID
This schedule is to include all retained professional payments from case inception to current month.
		Period	Amount		Check		Amount Paid		Year-To-Date
	Payee	Covered	Approved	Payor	Number	Date	Fees	Expenses	Fees	Expenses
	NONE

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	-		$	-
Less:  Returns and Allowances
Net Revenue		-			-
Cost of Goods Sold
Beginning Inventory
Add:  Purchases
Add:  Cost of Labor
Add:  Other Costs (attach schedule)
Less:  Ending Inventory
Cost of Goods Sold		-			-
Gross Profit		-			-
Operating Expenses
Advertising
Auto and Truck Expense
Bad Debts
Contributions
Employee Benefits Programs
Insider Compensation *
Insurance
Management Fees/Bonuses
Office Expense
Pension & Profit-Sharing Plans
Repairs and Maintenance
Rent and Lease Expense
Salaries/Commissions/Fees
Supplies
Taxes - Payroll
Taxes - Real Estate
Taxes - Other
Travel and Entertainment
Utilities
Other (attach schedule)
Total Operating Expenses Before Depreciation		-			-
Depreciation/Depletion/Amortization
Net Profit (Loss) Before Other Income & Expenses		-			-
Other Income and Expenses
Other Income (attach schedule)		(533.34	)		(533.34	)
Interest Expense		6.65			6.65
Other Expense (attach schedule)		(526.69	)		(526.69	)
Net Profit (Loss) Before Reorganization Items		526.69			526.69
Reorganization Items
Professional Fees
U.S. Trustee Quarterly Fees
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		-			-
Income Taxes		-			-
Net Profit (Loss)	$	526.69		$	526.69

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
	$	-	$	-
	$	-	$	-
Other Operational Expenses
	$	-	$	-
	$	-	$	-
Other Income
Interest income - escrow accounts	$	533.34	$	533.34
	$	533.34	$	533.34
Other Expenses
	$	-	$	-
	$	-	$	-
Other Reorganization Expenses
	$	-	$	-
	$	-	$	-
Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:
Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding.

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET
Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		55,407.50		55,407.50
Restricted Cash and Equivalents (see continuation sheet)		1,311,774.64		1,317,411.24
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses		8,973.52		8,973.52
Professional Retainers
Other Current Assets (attach schedule)		22,721.00		22,721.00
Total Current Assets	$	1,398,876.66	$	1,404,513.26
Property and Equipment
Real Property and Improvements
Machinery and Equipment
Furniture, Fixtures and Office Equipment
Leasehold Improvements
Vehicles
Less Accumulated Depreciation
Total Property & Equipment	$	-	$	-
Other Assets
Loans to Insiders *
Other Assets (see schedule)		3,168,615.99		3,168,615.99
Total Other Assets	$	3,168,615.99	$	3,168,615.99
Total Assets	$	4,567,492.65	$	4,573,129.25
	Book Value at End of		Book Value on
Liabilities And Owner Equity	Current Reporting Month		Petition Date
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable
Taxes Payable (refer to Form MOR-4)
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees
Amounts Due to Insiders *
Other Postpetition Liabilities (attach schedule)
Total Postpetition Liabilities	$	-	$	-
Liabilities Subject to Compromise
Secured Debt		957.21		1,940.56
Priority Debt		1,022.54		1,022.54
Unsecured Debt		3,237,466.39		3,242,646.33
Total Pre-Petition Liabilities	$	3,239,446.14	$	3,245,609.43
Total Liabilities	$	3,239,446.14	$	3,245,609.43
Owner Equity
Capital Stock		100.00		100.00
Additional Paid-In Capital		1,250,000.00		1,250,000.00
Partners' Capital Account
Owner's Equity Account
Retained Earning - Pre-Petition		74,687.82		74,687.82
Retained Earning - Postpetition		526.69
Adjustments to Owner Equity (attach schedule)		2,732.00		2,732.00
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	1,328,046.51	$	1,327,519.82
Total Liabilities and Owners' Equity	$	4,567,492.65	$	4,573,129.25
	$	-	$	-

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
BALANCE SHEET - continuation sheet

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Other Current Assets
Deferred income tax assets		22,721.00
	$	22,721.00	$	-
Other  Assets
Account receivable - RCC, Inc.		263,206.89		263,206.89
Account receivable - RA Liquidating Corp		2,473,273.07		2,473,273.07
Deferred income tax assets		432,136.03		432,136.03
	$	3,168,615.99	$	3,168,615.99
	Book Value at End of		Book Value on
Liabilities And Owner Equity	Current Reporting Month		Petition Date
Other Postpetition Liabilities
	$	-	$	-
Adjustments to Owner Equity
Accum other comprehensive loss		2,732.00		2,732.00
	$	2,732.00	$	2,732.00
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-	$	-

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
STATUS OF POSTPETITION TAXES

	Beginning		Amount Withheld						Check No.		Ending
	Tax Liability		or Accrued		Amount Paid		Date Paid		or EFT		Tax Liability
Federal
Withholding	$	-	$	-	$	-					$	-
FICA-Employee												-
FICA-Employer												-
Unemployment												-
Income												-
Other:												-
Total Federal Taxes	$	-	$	-	$	-					$	-
State and Local
Withholding		-		-		-						-
Sales												-
Excise												-
Unemployment												-
Real Property												-
Personal Property
Other:												-
Total State and Local	$	-	$	-	$	-					$	-
Total Taxes	$	-	$	-	$	-					$	-
SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable
	Current			0-30		31-60		61-90	Over 90		Total
Accounts Payable	$	-	$	-	$	-	$	-	$	-	$	-
Wages Payable
Taxes Payable
Rent/Leases-Building
Rent/Leases-Equipment
Secured Debt/Adequate Protection Payments
Professional Fees
Amounts Due to Insiders *
Other:
Other:
Total Postpetition Debts	$	-	$	-	$	-	$	-	$	-	$	-

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	08/18/10 - 09/30/10
ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	-
(+) Amounts billed during the period		-
(-) Amounts collected during the period		-
Total Accounts Receivable at the end of the reporting period			$	-
Accounts Receivable Aging	Amount
0 - 30 days old		-
31 - 60 days old		-
61 - 90 days old		-
91 + days old		-
Total Accounts Receivable			$	-
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)			$	-

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business		X
	this reporting period?  If yes, provide an explanation below.
2.	Have any funds been disbursed from any account other than a debtor in possession		X
	account this reporting period?  If yes, provide an explanation
3.	Have all postpetition tax returns been timely filed?  If no, provide an explanation	X
	below.
4.	Are workers compensation, general liability and other necessary insurance	X
	coverage in effect?  If no, provide an explanation below.
5.	Has any bank account been opened during the reporting period?  If yes, provide		X
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.

EX-99.3

Exhibit 99.3

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.
Submit copy of report to any official committee appointed in the case
		Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS	Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements	MOR-1	X
Bank Reconciliation (or copies of debtor's bank reconciliation)	MOR-1a	X
Schedule of Professional Fees Paid	MOR-1b	X
Copies of bank statements		X
Cash disbursements journals		X
Statement of Operations	MOR-2	X
Balance Sheet	MOR-3	X
Status of Postpetition Taxes	MOR-4	X
Copies of IRS Form 6123 or payment receipt		X
Copies of tax returns filed during reporting period		X
Summary of Unpaid Postpetition Debts	MOR-4	X
Listing of aged accounts payable	MOR-4	X
Accounts Receivable Reconciliation and Aging	MOR-5	X
Debtor Questionnaire	MOR-5	X

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
are true and correct to the best of my knowledge and belief.
Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Daryl Holcomb	Nov. 18, 2010
Signature of Authorized Individual *	Date
Daryl Holcomb	Vice President
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor
is a partnership; a manager or member if debtor is a limited liability company.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

	Bank Accounts										Current Month					Cumulative Filing to Date
	Operating			Payroll		Tax		Other			Actual			Projected		Actual			Projected
Cash Beginning of Month	$	36,772.07		$	-	$	1,718.81	$	1,507.11		$	39,997.99		$	-	$	39,997.99		$	-
Receipts	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Cash Sales	$	-		$	-	$	-	$	-		$	-		$	-	$	-		$	-
Accounts Receivable  (1)									861,747.28			861,747.28					861,747.28
Loans and Advances		731,000.00										731,000.00					731,000.00
Sale of Assets												-
Other (Attach List) (2)									(41,165.99	)		(41,165.99	)				(41,165.99	)
Transfers (From DIP Accts.)					111,350.11		39,699.56					151,049.67					151,049.67
Change in clearings									217.35			217.35					217.35
Total Receipts	$	731,000.00		$	111,350.11	$	39,699.56	$	820,798.64		$	1,702,848.31		$	-	$	1,702,848.31		$	-
Disbursements	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Net Payroll	$	-		$	111,350.11	$	-	$	-		$	111,350.11		$	-	$	111,350.11		$	-
Payroll Taxes		192.30					38,239.31					38,431.61					38,431.61
Sales, Use, & Other Taxes												-
Inventory Purchases		401,890.84										401,890.84					401,890.84
Secured/Rental/Leases		17,261.50										17,261.50					17,261.50
Insurance		40,783.12										40,783.12					40,783.12
Administrative		4,801.11										4,801.11					4,801.11
Selling												-
Other (Attach List)		153,007.72										153,007.72					153,007.72
Loan payments									820,581.29			820,581.29					820,581.29
Owner Draw *												-
Transfers (To DIP Accts)		151,049.67										151,049.67					151,049.67
												-
Professional Fees												-
U.S. Trustee Quarterly Fees												-
Court Costs												-
Total Disbursements	$	768,986.26		$	111,350.11	$	38,239.31	$	820,581.29		$	1,739,156.97		$	-	$	1,739,156.97		$	-
Net Cash Flow		(37,986.26	)		-		1,460.25		217.35			(36,308.66	)				(36,308.66	)
(Receipts Less Disbursements)
Cash - End of Month	$	(1,214.19	)	$	-	$	3,179.06	$	1,724.46		$	3,689.33		$	-	$	3,689.33		$	-
* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate

THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements	$	1,739,156.97
Less: Transfers to Debtor in Possession Accounts		(151,049.67	)
Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees	$	1,588,107.30
(1) All receipts were swept by the lender and applied directly to the secured debt.
(2) Forward of receipts belonging to Zippo Mfg to Zippo.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	8/17/10 - 9/30/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

	Operating					Tax						Cash Collateral				Operating			Payroll					Other
	Wells Fargo Bank, NA					Wells Fargo Bank, NA						Capital One Bank				Capital One  Bank			Capital One  Bank					Cash on hand
	*					*						*				*			*
Balance Per Book			$	(1,214.19	)		$	3,179.06		$	-		$	-			$	120.58			$	-			$	1,603.88
Balance Per Bank			$	47,951.53			$	3,179.06		$	-		$	32,513.82			$	119.94			$	21,703.15			$	1,603.88
(+) Deposits in Transit (Attach List)				-				-			-			-				-				-				-
(-) Outstanding Checks (Attach List)				(48,415.31	)			-			-			-				-				(21,706.75	)			-
Other (Attach Explanation)				(750.41	)			-			-			(32,513.82	)			0.64				3.60				-
Adjusted Bank Balance *			$	(1,214.19	)		$	3,179.06		$	-		$	-			$	120.58			$	0.00			$	1,603.88
* Adjusted bank balance must equal
balance per books
Deposits in Transit	Date		Amount			Date	Amount		Date	Amount		Date	Amount			Date	Amount		Date		Amount			Date	Amount
			$	-			$	-		$	-		$	-			$	-			$	-			$	-
			$	-			$	-		$	-		$	-			$	-			$	-			$	-
Checks Outstanding	Ck.#		Amount			Ck.#	Amount		Ck.#	Amount		Ck.#	Amount			Ck.#	Amount		Ck.#		Amount			Ck.#	Amount
		32815	$	474.00																20554	$	65.17
		32867		124.17																20560		529.93
		32869		88.97																20564		313.00
		32870		630.55																20575		424.40
		32871		12,567.44																20576		376.23
		32872		6,121.00																20577		469.41
		32873		159.13																20578		367.48
		32874		245.00																20579		923.01
		32875		6,967.92																20580		492.27
		32287		669.25																20581		436.85
		32890		1,640.97																20582		532.03
		32891		28.88																20583		470.66
		32892		198.09																20584		98.10
		32893		176.72																20585		994.21
		32894		64.98																20586		242.77
		32895		258.95																20587		429.07
		32896		3,542.54																20588		516.82
		32897		79.84																20589		400.03
		32898		374.69																20590		749.75
		32899		1,280.61																20591		726.27
		32900		1,551.50																20592		280.86
		32901		334.37																20593		539.13
		32902		102.29																20594		565.49
		32903		218.00																20595		754.58
		32888		375.10																20596		493.32
		32889		5,022.19																20597		4,462.80
		32904		4,728.16																20598		1,124.39
		32905		390.00																20599		1,503.77
																				20600		2,424.95
			$	48,415.31			$	-		$	-		$	-			$	-			$	21,706.75			$	-
Other
Pre-petition checks to be voided			$	-			$	-		$	-		$	-			$	-			$	-			$	-
31081				(237.06	)
31934				(100.00	)
31979				(25.00	)
Transfer recorded twice 08/04				(492.27	)
Wrong amount recorded transfer 8/17				300.00
Draft 9/28  - NJ				(192.30	)
Unreconciled variance				(3.78	)													0.64				3.60
Receipts to be applied to loan														(32,513.82	)
			$	(750.41	)		$	-		$	-		$	(32,513.82	)		$	0.64			$	3.60			$	-

* Account number has been redacted.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

	Period	Amount		Check		Amount Paid		Year-To-Date
Payee	Covered	Approved	Payor	Number	Date	Fees	Expenses	Fees	Expenses
NONE

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	892,637.00		$	892,637.00
Less:  Returns and Allowances
Net Revenue		892,637.00			892,637.00
Cost of Goods Sold
Beginning Inventory		223,977.00			223,977.00
Add:  Purchases		428,327.00			428,327.00
Add:  Cost of Labor		129,443.00			129,443.00
Add:  Other Costs (attach schedule)		144,681.00			144,681.00
Less:  Ending Inventory		(240,469.00	)		(240,469.00	)
Cost of Goods Sold		685,959.00			685,959.00
Gross Profit		206,678.00			206,678.00
Operating Expenses
Advertising
Auto and Truck Expense		589.00			589.00
Bad Debts
Contributions
Employee Benefits Programs		4,605.00			4,605.00
Insider Compensation *
Insurance		2,008.00			2,008.00
Management Fees/Bonuses - RCLC fees		150,000.00			150,000.00
Office Expense		5,113.00			5,113.00
Pension & Profit-Sharing Plans		624.00			624.00
Repairs and Maintenance
Rent and Lease Expense
Salaries/Commissions/Fees		30,046.00			30,046.00
Supplies		441.00			441.00
Taxes - Payroll		1,112.00			1,112.00
Taxes - Real Estate
Taxes - Other
Travel and Entertainment
Utilities
Other (attach schedule)		58,009.00			58,009.00
Total Operating Expenses Before Depreciation		252,547.00			252,547.00
Depreciation/Depletion/Amortization		23,736.00			23,736.00
Net Profit (Loss) Before Other Income & Expenses		(69,605.00	)		(69,605.00	)
Other Income and Expenses
Other Income (attach schedule)
Interest Expense		45,471.00			45,471.00
Other Expense (attach schedule)
Net Profit (Loss) Before Reorganization Items		(115,076.00	)		(115,076.00	)
Reorganization Items
Professional Fees
U.S. Trustee Quarterly Fees
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		-			-
Income Taxes
Net Profit (Loss)	$	(115,076.00	)	$	(115,076.00	)

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
Building & ramp department costs	$	127,632.00	$	127,632.00
Avionics department costs		974.00		974.00
Maintenance department costs		5,297.00		5,297.00
Parts & service administration costs		10,778.00		10,778.00
	$	144,681.00	$	144,681.00
Other Operational Expenses
Audit fees	$	5,000.00	$	5,000.00
Legal fees
Fees charged by the secured lender		33,394.00		33,394.00
Amortization of loan costs		4,505.00		4,505.00
Allocation of RCLC personnel expenses		15,110.00		15,110.00
	$	58,009.00	$	58,009.00
Other Income
	$	-	$	-
	$	-	$	-
Other Expenses
	$	-	$	-
	$	-	$	-
Other Reorganization Expenses
	$	-	$	-
	$	-	$	-

Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:

Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

BALANCE SHEET

Accrual Basis

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Current Assets
Unrestricted Cash and Equivalents		3,689.00			39,998.00
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)		252,629.00			143,218.00
Notes Receivable
Inventories		240,469.00			223,977.00
Prepaid Expenses		127,923.00			91,243.00
Professional Retainers		25,000.00			25,000.00
Other Current Assets (attach schedule)		559,043.00			527,549.00
Total Current Assets	$	1,208,753.00		$	1,050,985.00
Property and Equipment
Real Property and Improvements		5,505,335.00			5,505,335.00
Machinery and Equipment		667,352.00			667,352.00
Furniture, Fixtures and Office Equipment		347,127.00			346,616.00
Leasehold Improvements		1,108,308.00			1,108,308.00
Vehicles		15,872.00			15,872.00
Less Accumulated Depreciation		(4,412,711.00	)		(4,389,112.00	)
Total Property & Equipment	$	3,231,283.00		$	3,254,371.00
Other Assets
Loans to Insiders *
Other Assets (see schedule)		3,430,429.00			3,514,233.00
Total Other Assets	$	3,430,429.00		$	3,514,233.00
Total Assets	$	7,870,465.00		$	7,819,589.00
	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable		76,148.00
Taxes Payable (refer to Form MOR-4)		11,411.00
Wages Payable		25,892.00
Notes Payable
Rent/Leases - Building/Equipment		6,351.00
Secured Debt / Adequate Protection Payments
Professional Fees		16,378.00
Amounts Due to Insiders *
Other Postpetition Liabilities (attach schedule)		119,653.00
Total Postpetition Liabilities	$	255,833.00		$	-
Liabilities Subject to Compromise
Secured Debt		3,554,099.00			3,576,750.00
Priority Debt		21,836.00			21,836.00
Unsecured Debt		3,167,609.00			3,234,839.00
Total Pre-Petition Liabilities	$	6,743,544.00		$	6,833,425.00
Total Liabilities	$	6,999,377.00		$	6,833,425.00
Owner Equity
Capital Stock		9,040.00			9,040.00
Additional Paid-In Capital		5,987,036.00			5,987,036.00
Partners' Capital Account
Owner's Equity Account
Retained Earning - Pre-Petition		(5,009,912.00	)		(5,009,912.00	)
Retained Earning - Postpetition		(115,076.00	)
Adjustments to Owner Equity (attach schedule)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	871,088.00		$	986,164.00
Total Liabilities and Owners' Equity	$	7,870,465.00		$	7,819,589.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

BALANCE SHEET - continuation sheet

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Other Current Assets
Deferred income tax assets		120,059.00			120,059.00
Deferred costs of business sale		414,373.00			397,995.00
Other receivables		24,611.00			9,495.00
	$	559,043.00		$	527,549.00
Other  Assets
Deferred income tax assets		888,294.00			888,294.00
Deferred loan costs		93,697.00			98,201.00
Trademark		2,000.00			2,000.00
Accrued income tax  - intercompany allocation		313,071.00			313,071.00
Account receivable - RCLC		2,133,367.00			2,212,667.00
	$	3,430,429.00		$	3,514,233.00
	Book Value at End of			Book Value on
Liabilities And Owner Equity	Current Reporting Month			Petition Date
Other Postpetition Liabilities
Employee 401k deductions	$	5,660.00		$	-
Other payroll deductions		453.00
Accrued vacation, sick, and holiday pay		12,914.00
Accrued audit fees		5,000.00
Accrued line service incentive pay		2,500.00
Accrued interest expense		30,100.00
Accrued other bank charges		15,035.00
Accrued 401k Company match		2,673.00
Accrued credit card fees		4,238.00
Cash in advance payments		(5,498.00	)
Accrued other		3,172.00
Deferred rental income		43,406.00
	$	119,653.00		$	-
Adjustments to Owner Equity
	$	-		$	-
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-		$	-

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

STATUS OF POSTPETITION TAXES

	Beginning			Amount Withheld						Check No.		Ending
	Tax Liability			or Accrued		Amount Paid		Date Paid		or EFT		Tax Liability
Federal
Withholding                      (1)	$	(500.00	)	$	18,239.55	$	14,723.39					$	3,016.16
FICA-Employee					11,041.46		9,155.49						1,885.97
FICA-Employer					11,041.46		9,155.49						1,885.97
Unemployment					14.40								14.40
Income													-
Other:													-
Total Federal Taxes	$	(500.00	)	$	40,336.87	$	33,034.37					$	6,802.50
State and Local
Withholding - New Jersey		-			2,344.10		1,961.42						382.68
Withholding - Pennsylvania		-			1,612.93		-						1,612.93
Sales					3,223.09		1,730.72	9/20/2010					1,492.37
Excise													-
Unemployment - New Jersey					1,120.38								1,120.38
Real Property                       (2)		(19,585.80	)		19,585.80								-
Personal Property													-
Other:													-
Total State and Local	$	(19,585.80	)	$	27,886.30	$	3,692.14					$	4,608.36
Total Taxes	$	(20,085.80	)	$	68,223.17	$	36,726.51					$	11,410.86
(1) Overpayment in July 2010 applied to third quarter
(2) Third quarter property taxes paid earlier in the quarter.
SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable
	Current			0-30		31-60		61-90		Over 90		Total
Accounts Payable	$	76,148.31		$	23.88	$	-	$	-	$	-	$	76,172.19
Wages Payable		25,892.00											25,892.00
Taxes Payable		11,410.86											11,410.86
Rent/Leases-Building		6,351.00											6,351.00
Rent/Leases-Equipment													-
Secured Debt/Adequate Protection Payments													-
Professional Fees		16,378.40											16,378.40
Amounts Due to Insiders *													-
Other:  Employee deductions		6,113.00											6,113.00
Other:  Accrued expenses & deferred income		113,540.00											113,540.00
Total Postpetition Debts	$	255,833.57		$	23.88	$	-	$	-	$	-	$	255,857.45

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	08/18/10 - 09/30/10

ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	154,543.12
(+) Amounts billed during the period		948,817.67
(-) Amounts collected during the period		820,466.65
(-) Credit card fees and credits during the period		19,177.57
Total Accounts Receivable at the end of the reporting period				$	263,716.57
Accounts Receivable Aging	Amount
0 - 30 days old		228,913.06
31 - 60 days old		41,293.10
61 - 90 days old		5,576.44
91 + days old		(12,066.03	)
Total Accounts Receivable				$	263,716.57
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)				$	263,716.57

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business		X
	this reporting period?  If yes, provide an explanation below.
2.	Have any funds been disbursed from any account other than a debtor in possession		X
	account this reporting period?  If yes, provide an explanation
3.	Have all postpetition tax returns been timely filed?  If no, provide an explanation	X
	below.
4.	Are workers compensation, general liability and other necessary insurance	X
	coverage in effect?  If no, provide an explanation below.
5.	Has any bank account been opened during the reporting period?  If yes, provide		X
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.