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): December 20, 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 December 16, 2010, the Company and certain of its subsidiaries (together with the Company, the “Debtors”) filed their unaudited Monthly Operating Reports for the period from October 1, 2010 through October 31, 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 October 1, 2010 through October 31, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on December 20, 2010
99.2	RCPC Liquidating Corp. Monthly Operating Report from October 1, 2010 through October 31, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on December 20, 2010
99.3	RA Liquidating Corp Monthly Operating Report for  the period from October 1, 2010 through October 31, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on December 20, 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: December 20, 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 October 1, 2010 through October 31, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on December 20, 2010
99.2	RCPC Liquidating Corp. Monthly Operating Report from October 1, 2010 through October 31, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on December 20, 2010
99.3	RA Liquidating Corp Monthly Operating Report for  the period from October 1, 2010 through October 31, 2010, filed with the United States Bankruptcy Court for the District of New Jersey on December 20, 2010

EX-99.1 2 ex99-1.htm EXHIBIT 99.1

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

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	December 16, 2010
Signature of Authorized Individual *	Date
Daryl K. Holcomb	Vice President & Chief Financial Officer
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	10/01/10 - 10/31/10

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	$	1,150.38	$	999.81		$	103.30		$	1,064.05		$	3,317.54	$	-	$	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)		477.65		567.77			-			-			1,045.42				1,512.24
Transfers (From DIP Accts.)		88,000.00		21,369.83			11,417.97			4,187.38			124,975.18				237,975.18
Total Receipts	$	88,477.65	$	21,937.60		$	11,417.97		$	4,187.38		$	126,020.60	$	-	$	239,487.42		$	-
Disbursements	Amount		Amount			Amount			Amount			Amount		Amount		Amount			Amount
Net Payroll	$	-	$	21,937.60		$	-		$	-		$	21,937.60	$	-	$	65,151.94		$	-
Payroll Taxes							11,421.47						11,421.47				21,698.70
Sales, Use, & Other Taxes													-				-
Inventory Purchases													-				-
Secured/Rental/Leases		2,250.00											2,250.00				10,001.20
Insurance		23,698.80											23,698.80				71,761.38
Administrative		5,029.49								(174.17	)		4,855.32				15,506.80
Selling													-				-
Other (see below)		5,760.51		102.35			-			4,187.38			10,050.24				18,424.38
Owner Draw *													-				-
Transfers (To DIP Accts)		21,103.53											21,103.53				21,103.53
Professional Fees		20,721.97											20,721.97				39,380.52
U.S. Trustee Quarterly Fees		650.00											650.00				650.00
Court Costs													-				-
Total Disbursements	$	79,214.30	$	22,039.95		$	11,421.47		$	4,013.21		$	116,688.93	$	-	$	263,678.45		$	-
Net Cash Flow	$	9,263.35	$	(102.35	)	$	(3.50	)	$	174.17			9,331.67				(24,191.03	)
(Receipts Less Disbursements)
Cash - End of Month	$	10,413.73	$	897.46		$	99.80		$	1,238.22		$	12,649.21	$	-	$	12,649.21		$	-
* 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									$	116,688.93
Less: Transfers to Debtor in Possession Accounts										(21,103.53	)
Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees									$	95,585.40
Other Receipts:
Pre-DIP ACH not processed (voided) Exxon		475.00
Capital One - correction by bank of deposit		2.65
Adj for returned check				567.77
	$	477.65	$	567.77	$	-	$	-
Other Expense :
401K  Contributions							$	4,187.38
Bank Fees		5,760.51
Fee for new checks				102.35
		5,760.51		102.35				4,187.38

In re	RCLC, INC.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

	Operating					Tax				401K						Operating			Payroll					Other
	Wells Fargo Bank, NA					Wells Fargo Bank, NA				Wells Fargo Bank, NA						Capital One Bank			Capital One Bank					Petty Cash
	*					*				*						*			*
Balance Per Book			$	10,272.94			$	99.80			$	1,166.96		$	-		$	140.79			$	897.46			$	71.26
Bank Balance			$	33,113.94			$	1,915.62			$	1,166.96		$	-		$	140.79			$	9,585.43				N/A
(+) Deposits in Transit (Attach List)				-				-				-			-			-				-				-
(-) Outstanding Checks (Attach List)				(22,841.00	)			-				-			-			-				(8,687.97	)			-
Other (Attach Explanation)				-				(1,815.82	)			-			-			-				-				-
Adjusted Bank Balance *			$	10,272.94			$	99.80			$	1,166.96		$	-		$	140.79			$	897.46				N/A
* 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
		16143	$	2,364.20			$	-			$	-		$	-		$	-		2652	$	145.73			$	-
		16145		19,826.80																2955		5,080.11
		16147		650.00																2956		1,449.97
																				2957		2,012.16
			$	22,841.00			$	-			$	-		$	-		$	-			$	8,687.97			$	-
Other
NJ State Tax								(1,815.82	)
			$	-			$	(1,815.82	)		$	-		$	-		$	-			$	-			$	-
* Account number has been redacted.

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

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	Oct. 2010	20,721.97	RCLC	EFT	10/04/10	15,000.00	5,721.97	30,000.00	5,880.52

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10
STATEMENT OF OPERATIONS
(Income Statement)
Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	100,000.00		$	250,000.00
Less:  Returns and Allowances
Net Revenue		100,000.00			250,000.00
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		100,000.00			250,000.00
Operating Expenses
Advertising
Auto and Truck Expense		536.40			1,341.00
Bad Debts					-
Contributions					-
Employee Benefits Programs		6,674.81			24,349.45
Insider Compensation *		3,695.36			8,795.36
Insurance		42,069.72			58,649.34
Management Fees/Bonuses					-
Office Expense		1,827.02			2,668.66
Pension & Profit-Sharing Plans		567.70			3,032.05
Repairs and Maintenance		1,991.99			6,886.71
Rent and Lease Expense		4,791.65			9,977.25
Salaries/Commissions/Fees		(25,084.55	)		77,829.76
Supplies		182.58			553.48
Taxes - Payroll		2,019.02			9,361.98
Taxes - Real Estate					-
Taxes - Other					-
Travel and Entertainment		470.18			4,864.35
Utilities		510.00			1,584.56
Other (attach schedule)		5,883.72			11,838.67
Total Operating Expenses Before Depreciation		46,135.60			221,732.62
Depreciation/Depletion/Amortization					-
Net Profit (Loss) Before Other Income & Expenses		53,864.40			28,267.38
Other Income and Expenses
Other Income (attach schedule)		(2,866.50	)		(7,166.25	)
Interest Expense		3,192.10			8,710.05
Other Expense (attach schedule)		8,644.99			21,251.61
Net Profit (Loss) Before Reorganization Items		44,893.81			5,471.97
Reorganization Items
Professional Fees		160,780.25			160,780.25
U.S. Trustee Quarterly Fees		650.00			650.00
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		161,430.25			161,430.25
Income Taxes - Deferred & allocated among affiliates		(144,391.00	)		(144,391.00	)
Income Taxes - Current		135,333.00			135,333.00
Net Profit (Loss)	$	(107,478.44	)	$	(146,900.28	)

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
None	$	-	$	-
	$	-	$	-
Other Operational Expenses
Stock Transfers	$	1,900.00	$	5,800.00
Information Release Cost		945.00		1,360.00
Other Stock Related Expense				1,000.00
Bank Service Fees		3,038.72		3,619.27
Penalties & Late Charges				59.40
	$	5,883.72	$	11,838.67
Other Income
Dividend Income - Split Dollar Insurance	$	-	$	4,299.75
	$	-	$	4,299.75
Other Expenses
Auditing & Tax Fees	$	3,250.00	$	8,125.00
Rights Plan Amortization		330.08		825.20
Legal Fee - Accrual		-		2,250.00
Other Professional Fees		5,018.00		10,004.50
Other		46.91		46.91
				-
				-
				-
	$	8,644.99	$	21,251.61
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	10/01/10 - 10/31/10

BALANCE SHEET

Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		12,649.21		36,840.24
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses		179,182.80		242,091.94
Professional Retainers		54,703.60		54,703.60
Other Current Assets (attach schedule)		247,775.00		250,768.00
Total Current Assets	$	494,310.61	$	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)		16,909,021.79		17,107,507.81
Total Other Assets	$	16,909,021.79	$	17,107,507.81
Total Assets	$	17,403,332.40	$	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		29,858.23
Taxes Payable (refer to Form MOR-4)		3,717.83
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees		994,422.95
Amounts Due to Insiders * (defined in 11 U.S.C. Section 101(31))		4,760.28
Other Postpetition Liabilities (attach schedule)		307.33
Total Postpetition Liabilities	$	1,033,066.62		$	-
Liabilities Subject to Compromise
Secured Debt		-			2,005,050.59
Priority Debt		47,802.48			51,133.31
Unsecured Debt		10,327,711.50			9,494,075.61
Total Pre-Petition Liabilities	$	10,375,513.98		$	11,550,259.51
Total Liabilities	$	11,408,580.60		$	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		(146,900.28	)
Adjustments to Owner Equity (attach schedule)		(1,596,670.02	)		(1,596,670.02	)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	5,994,751.80		$	6,141,652.08
Total Liabilities and Owners' Equity	$	17,403,332.40		$	17,691,911.59

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

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		247,775.00			250,768.00
	$	247,775.00		$	250,768.00
Other  Assets
Investment is Subsidiaries		8,972,480.35			8,972,480.35
Intercompany Receivables - Prometcor		4,686,643.53			4,686,643.53
Intercompany Receivables - RCPC Liquidating		1,175,541.28			999,740.57
Deferred Sale costs - Ronson Aviation		-			348,601.95
Non-Current Deferred Tax Asset		2,010,017.00			2,034,742.68
Rights Plan		3,300.66			4,125.86
Cash Surrender Value - Life Insurance		61,038.97			61,172.87
	$	16,909,021.79		$	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		307.33			-
	$	307.33		$	-
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				10/01/10 - 10/31/10
STATUS OF POSTPETITION TAXES
		Beginning		Amount Withheld							Check No.		Ending
		Tax Liability		or Accrued		Amount Paid			Date Paid		or EFT		Tax Liability
Federal
Withholding		$	2,550.00	$	4,876.00	$	(5,243.00	)	10/12, 10/21, 10/29				$	2,183.00
FICA-Employee			771.27		1,468.75		(1,648.48	)	10/12, 10/21, 10/29					591.54
FICA-Employer			771.25		1,468.75		(1,648.48	)	10/12, 10/21, 10/29					591.52
Unemployment			266.86		-		-							266.86
Income														-
Other:														-
Total Federal Taxes		$	4,359.38	$	7,813.50	$	(8,539.96	)					$	3,632.92
State and Local
Withholding			136.86		1,010.24		(1,062.19	)	10/12, 10/21, 10/29					84.91
Sales			-											-
Excise			-											-
Unemployment			328.89		1,300.25		(1,629.14	)	10/29/10					-
Real Property			-											-
Personal Property
Other:			56.39		130.29		(186.68	)	10/29/10					-
Total State and Local		$	522.14	$	2,440.78	$	(2,878.01	)					$	84.91
Total Taxes		$	4,881.52	$	10,254.28	$	(11,417.97	)					$	3,717.83
SUMMARY OF UNPAID POSTPETITION DEBTS
Attached listing of accounts payable
		Current			0-30		31-60			61-90	Over 90		Total
Accounts Payable		$	15,687.71	$	12,070.52	$	2,100.00		$	-	$	-	$	29,858.23
Wages Payable														-
Taxes Payable			3,717.83											3,717.83
Rent/Leases-Building														-
Rent/Leases-Equipment														-
Secured Debt/Adequate Protection Payments														-
Professional Fees			753,797.88		240,625.07									994,422.95
Amounts Due to Insiders *			1,756.66		3,033.62									4,790.28
Other: 401K Employee			307.33											307.33
Other:														-
Total Postpetition Debts		$	775,267.41	$	255,729.21	$	2,100.00		$	-	$	-	$	1,033,096.62

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10
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		-
1 - 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).

Documentation:
5.	Bank:  Capital One Bank
	Account Name:  RCLC, Inc. (Tax Payment Account/Debtor-in-Possession)
	Account #:  7057179966

EX-99.2 3 ex99-2.htm EXHIBIT 99.2

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10
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	None
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	December 16, 2010
Signature of Authorized Individual *	Date
Daryl K Holcomb	Vice President & Chief Financial Officer
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	10/01/10 - 10/31/10
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)		2,541,395.39									2,541,395.39				2,541,395.39
Transfers (From DIP Accts.)		92.74									92.74				92.74
Total Receipts	$	2,541,488.13	$	-	$	-		$	-	$	2,541,488.13	$	-	$	2,541,488.13	$	-
Disbursements	Amount		Amount		Amount			Amount		Amount		Amount		Amount		Amount
Net Payroll	$	-	$	-	$	-		$	-	$	-	$	-	$	-	$	-
Payroll Taxes											-				.
Sales, Use, & Other Taxes											-				-
Inventory Purchases											-				-
Secured/Rental/Leases											-				-
Insurance											-				-
Administrative		157.30									157.30				157.30
Selling											-				-
Other (Attach List)											-				-
Fee to NJDEP		150.00									150.00				150.00
Owner Draw *											-				-
Transfers (To DIP Accts)						92.74					92.74				92.74
											-				-
Professional Fees											-				-
U.S. Trustee Quarterly Fees		325.00									325.00				325.00
Court Costs											-				-
Total Disbursements	$	632.30	$	-	$	92.74		$	-	$	725.04	$	-	$	725.04	$	-
Net Cash Flow
(Receipts Less Disbursements)		2,540,855.83		-		(92.74	)		-		2,540,763.09				2,540,763.09
Cash - End of Month	$	2,596,070.59	$	100.00	$	-		$	-	$	2,596,170.59	$	-	$	2,596,170.59	$	-

* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate
				Closed	Closed
	THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements										$	725.04
	Less: Transfers to Debtor in Possession Accounts										(92.74	)
*	Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)										-
Total Disbursements for Calculating U.S. Trustee Quarterly Fees										$	632.30
	* 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, did not disburse any amount from the funds held in that escrow account.
Other Receipts:
	Reinstatement of custodial funds by Wells Fargo	$	2,527,566.71			$	2,527,566.71	$	2,527,566.71
	Deposit from escrow account	$	13,600.00			$	13,600.00	$	13,600.00
	Void June check not cashed		228.68				228.68		228.68
	Total	$	2,541,395.39			$	2,541,395.39	$	2,541,395.39

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10

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		$	29,791.00		$	-		$	-		$	2,566,754.59		$	100.00		$	-
Balance Per Bank		$	29,791.00		$	-		$	-		$	2,566,754.59		$	100.00		$	-
(+) Deposits in Transit (Attach List)			-			-			-			-			-			-
(-) Outstanding Checks (Attach List)						-			-			-			-			-
Other (Attach Explanation)			-			-			-						-			-
Adjusted Bank Balance *		$	29,791.00		$	-		$	-		$	2,566,754.59		$	100.00		$	-
* Adjusted bank balance must equal
balance per books
					Closed
Deposits in Transit	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
					$	-		$	-		$	-		$	-		$	-
		$	-		$	-		$	-		$	-		$	-		$	-
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	10/01/10 - 10/31/10

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	10/01/10 - 10/31/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	-		$	-
Less:  Returns and Allownces
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		12,205.66			12,205.66
Management Fees/Bonues
Office Expense		157.30			157.30
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
Utilites
Other (attach schedule)		1,190.13			1,190.13
Total Operating Expenses Before Depreciation		13,553.09			13,553.09
Depreciation/Depletion/Amortization
Net Profit(Loss) Before Other Income & Expenses		(13,553.09	)		(13,553.09	)
Other Income and Expenses
Other Income (attach schedule)		(193.23	)		(726.57	)
Interest Expense					6.65
Other Expense (attach schedule)					-
		(193.23	)		(719.92	)
Net Profit (Loss) Before Reorganization Items		(13,359.86	)		(12,833.17	)
Reorganization Items
Professional Fees		126,860.73			126,860.73
U.S. Trustee Quarterly Fees		325.00			325.00
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		127,185.73			127,185.73
Income Taxes - Deferred & Allocation		(222,265.00	)		(222,265.00	)
Income Taxes - Current		-			-
Net Profit (Loss)	$	81,719.41		$	82,246.10

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10
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	$	193.23	$	726.57
	$	193.23	$	726.57
Other Expenses
Bank Fees	$	1,190.13	$	1,190.13
			$	-
	$	1,190.13	$	1,190.13
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	10/01/10 - 10/31/10
BALANCE SHEET
Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		2,596,170.59		55,407.50
Restricted Cash and Equivalents (see continuation sheet)		1,298,367.87		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)		30,347.00		22,721.00
Total Current Assets	$	3,933,858.98	$	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)		263,206.89		3,168,615.99
Total Other Assets	$	263,206.89	$	3,168,615.99
Total Assets	$	4,197,065.87	$	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
Unsecured Debt		2,786,862.74		3,243,166.33
Total Pre-Petition Liabilities	$	2,787,819.95	$	3,246,129.43
Total Liabilities	$	2,787,819.95	$	3,246,129.43
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		74,167.82		74,167.82
Retained Earning - Postpetition		82,246.10
Adjustments to Owner Equity (attach schedule)		2,732.00		2,732.00
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	1,409,245.92	$	1,326,999.82
Total Liabilities and Owners' Equity	$	4,197,065.87	$	4,573,129.25

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10
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		30,347.00
	$	30,347.00	$	-
Other  Assets
Account receivable - RCC, Inc.		263,206.89		263,206.89
Account receivable - RA Liquidating Corp		-		2,473,273.07
Deferred income tax assets		-		432,136.03
	$	263,206.89	$	3,168,615.99
	Book Value at End of		Book Value on
Liabilities And Owner Equity	Current Reporting Month		Petition Date
Other Postpetition Liabilities
Deferred income tax assets		346,687.97
	$	346,687.97	$	-
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	10/01/10 - 10/31/10
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	10/01/10 - 10/31/10

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		-
1 - 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).

5	The Company opened the RCPC Liquidating Corp Tax Payment/Debtor-in-Possession account at Capital One Bank,
	account # 7057179974.

EX-99.3 4 ex99-3.htm EXHIBIT 99.3

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10
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
Schedule of Professional Fees Paid	MOR-1b	X
Copies of bank statements		X
Cash disbursements journals
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
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts	MOR-4
Listing of aged accounts payable	MOR-4
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	December 16, 2010
Signature of Authorized Individual *	Date
Daryl K. Holcomb	Vice President & chief Financial Officer
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	10/01/10 - 10/31/10

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	$	(1,214.19	)	$	-		$	3,179.06	$	1,724.46		$	3,689.33		$	-	$	39,997.99		$	-
Receipts	Amount			Amount			Amount		Amount			Amount			Amount		Amount			Amount
Cash Sales	$	-		$	-		$	-	$	-		$	-		$	-	$	-		$	-
Accounts Receivable  (1)		199,820.46								518,963.93			718,784.39					1,580,531.67
Loans and Advances		261,000.00											261,000.00					992,000.00
Sale of Assets		10,161,703.97											10,161,703.97					10,161,703.97
Other (Attach List)		4.38			-			-		(18,570.18	)		(18,565.80	)				(59,731.79	)
Transfers (From DIP Accts.)		1,470.58			43,724.87			32,288.47					77,483.92					228,533.59
Change in clearings										(253.88	)		(253.88	)				(36.53	)
Total Receipts	$	10,623,999.39		$	43,724.87		$	32,288.47	$	500,139.87		$	11,200,152.60		$	-	$	12,903,000.91		$	-
Disbursements	Amount			Amount			Amount		Amount			Amount			Amount		Amount			Amount
Net Payroll				$	43,728.47				$	-		$	43,728.47		$	-	$	155,078.58		$	-
Payroll Taxes								31,573.61					31,573.61					70,005.22
Sales, Use, & Other Taxes													-
Inventory Purchases		115,039.40											115,039.40					516,930.24
Secured/Rental/Leases		670.88											670.88					17,932.38
Insurance		4,475.00											4,475.00					45,258.12
Administrative		782.64						-					782.64					5,583.75
Selling													-
Other (Attach List)		2,287,313.12			-			-		-			2,287,313.12					2,318,545.27
Loan payments		6,072,815.10								361,245.21			6,434,060.31					7,254,641.60
Owner Draw *													-
Transfers (To DIP Accts)		179,890.29								140,619.12			320,509.41					593,334.65
													-
Professional Fees		-											-					-
U.S. Trustee Quarterly Fees		6,500.00											6,500.00					6,500.00
Court Costs													-
Total Disbursements	$	8,667,486.43		$	43,728.47		$	31,573.61	$	501,864.33		$	9,244,652.84		$	-	$	10,983,809.81		$	-
Net Cash Flow		1,956,512.96			(3.60	)		714.86		(1,724.46	)		1,955,499.76					1,919,191.10
(Receipts Less Disbursements)
Cash - End of Month	$	1,955,298.77		$	(3.60	)	$	3,893.92	$	(0.00	)	$	1,959,189.09		$	-	$	1,959,189.09		$	-
* 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		$	9,244,655.84
	Less: Transfers to Debtor in Possession Accounts		(320,512.41	)
	Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees		$	8,924,143.43

(1)  Until October 15, 2010, all receipts were swept by the lender and applied directly to the secured debt.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

	Bank Accounts										Current Month					Cumulative Filing to Date
	Operating			Payroll		Tax		Other			Actual			Projected		Actual			Projected
Other Receipts	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Interest on escrow funds	$	4.38									$	4.38				$	4.38
Forward to Zippo Mfg receipts belonging to Zippo									(18,570.18	)		(18,570.18	)				(59,736.17	)
												-
												-
												-
												-
												-
Total Other Receipts	$	4.38		$	-	$	-	$	(18,570.18	)	$	(18,565.80	)	$	-	$	(59,731.79	)	$	-
Other Disbursements	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Building & ramp costs	$	1,477.86						$	-		$	1,477.86		$	-	$	4,647.48		$	-
Maintenance costs		1,508.05										1,508.05					12,510.15
Transfers to RCLC, Inc. (1)												-					-
401k deposits		11,812.72										11,812.72					11,812.72
NJDEP		2,500.00										2,500.00					2,500.00
US Customs		1,254.40										1,254.40					1,254.40
Prior month reconciling items		(750.41	)									(750.41	)				(750.41	)
Getzler Henrich		1,895,050.59										1,895,050.59					1,895,050.59
Utilities deposits												-					12,632.00
Utilities												-					3,917.23
Equipment												-					511.20
Professional fees of Greenberg Traurig on behalf of Wells Fargo		374,459.91										374,459.91					374,459.91
												-
												-
												-
												-
												-
Total Other Disbursements	$	2,287,313.12		$	-	$	-	$	-		$	2,287,313.12		$	-	$	2,318,545.27		$	-

(1) Included in transfers to DIP accounts

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

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			$	73,775.00			$	3,893.92		$	-		$	-		$	1,881,523.77		$	(3.60	)		$	-
Balance Per Bank			$	80,275.00			$	3,893.92		$	-		$	-		$	1,881,523.77		$	-			$	-
(+) Deposits in Transit (Attach List)				-				-			-			-			-			347.40				-
(-) Outstanding Checks (Attach List)				(6,500.00	)			-			-			-			-			(351.00	)			-
Other (Attach Explanation)				-				-			-			-			-			-				-
Adjusted Bank Balance *			$	73,775.00			$	3,893.92		$	-		$	-		$	1,881,523.77		$	(3.60	)		$	-
* 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
		9001	$	6,500.00														20652	$	153.07
																		20672		197.93
			$	6,500.00			$	-		$	-		$	-		$	-		$	351.00			$	-
Other
			$	-			$	-		$	-		$	-		$	-		$	-			$	-
			$	-			$	-		$	-		$	-		$	-		$	-			$	-
* Account number has been redacted.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

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	10/01/10 - 10/31/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	340,228.00		$	1,232,865.00
Less:  Returns and Allowances
Net Revenue		340,228.00			1,232,865.00
Cost of Goods Sold
Beginning Inventory		240,469.00			223,977.00
Add:  Purchases		116,684.00			545,011.00
Add:  Cost of Labor		33,260.00			162,703.00
Add:  Other Costs (attach schedule)		55,147.00			198,975.00
Less:  Ending Inventory		(203,620.00	)		(203,620.00	)
Cost of Goods Sold		241,940.00			927,046.00
Gross Profit		98,288.00			305,819.00
Operating Expenses
Advertising
Auto and Truck Expense		359.00			948.00
Bad Debts
Contributions
Employee Benefits Programs		1,955.00			6,560.00
Insider Compensation *
Insurance		669.00			2,677.00
Management Fees		104,167.00			269,276.00
Office Expense		2,065.00			7,178.00
Pension & Profit-Sharing Plans		108.00			732.00
Repairs and Maintenance		283.00			283.00
Rent and Lease Expense
Salaries/Commissions/Fees		9,685.00			39,731.00
Supplies		38.00			480.00
Taxes - Payroll		439.00			1,551.00
Taxes - Real Estate
Taxes - Other
Travel and Entertainment
Utilities
Other (attach schedule)		82,030.00			124,928.00
Total Operating Expenses Before Depreciation		201,798.00			454,344.00
Depreciation/Depletion/Amortization		7,715.00			31,452.00
Net Profit (Loss) Before Other Income & Expenses		(111,225.00	)		(179,977.00	)
Other Income and Expenses
Other Income (attach schedule)		(151,031.00	)		(151,031.00	)
Interest Expense		14,872.00			60,342.00
Other Expense (attach schedule)
Net Profit (Loss) Before Reorganization Items		24,934.00			(89,288.00	)
Reorganization Items
Professional Fees		545,945.00			545,945.00
U.S. Trustee Quarterly Fees		6,500.00			6,500.00
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment		6,038,552.00			6,038,552.00
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		(5,486,107.00	)		(5,486,107.00	)
Income Taxes - deferred & allocated among affiliates		1,696,145.00			1,696,145.00
Income Taxes - current		133,004.00			133,004.00
Net Profit (Loss)	$	3,681,892.00		$	3,567,670.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

STATEMENT OF OPERATIONS - continuation sheet

				Cumulative
Breakdown of "Other" Category	Month			Filing to Date
Other Costs
Building & ramp department costs	$	39,054.00		$	166,686.00
Avionics department costs		1,155.00			2,129.00
Maintenance department costs		17,752.00			23,049.00
Parts & service administration costs		(2,814.00	)		7,111.00
	$	55,147.00		$	198,975.00
Other Operational Expenses
Audit fees	$	3,333.00		$	8,333.00
Legal fees
Fees charged by the secured lender		(15,000.00	)		18,394.00
Amortization of loan costs & write-off of unamortized portion		93,697.00			98,201.00
	$	82,030.00		$	124,928.00
Other Income
Write off of prior overaccrual of estimated fees	$	51,031.00		$	51,031.00
Adjustment in prior Chief Restructuring Officer fees		100,000.00		$	100,000.00
	$	151,031.00		$	151,031.00
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	10/01/10 - 10/31/10

BALANCE SHEET

Accrual Basis

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Current Assets
Unrestricted Cash and Equivalents		1,959,189.00			39,998.00
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)		71,126.00			143,218.00
Notes Receivable
Inventories					223,977.00
Prepaid Expenses		62,253.00			91,243.00
Professional Retainers		25,000.00			25,000.00
Other Current Assets (attach schedule)		605,249.00			527,549.00
Total Current Assets	$	2,722,817.00		$	1,050,985.00
Property and Equipment
Real Property and Improvements					5,505,335.00
Machinery and Equipment					667,352.00
Furniture, Fixtures and Office Equipment					346,616.00
Leasehold Improvements					1,108,308.00
Vehicles					15,872.00
Less Accumulated Depreciation					(4,389,112.00	)
Total Property & Equipment	$	-		$	3,254,371.00
Other Assets
Loans to Insiders *
Other Assets (see schedule)		3,760,417.00			3,514,233.00
Total Other Assets	$	3,760,417.00		$	3,514,233.00
Total Assets	$	6,483,234.00		$	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
Taxes Payable (refer to Form MOR-4)		3,522.00
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees		389,671.00
Amounts Due to Insiders *
Other Postpetition Liabilities (attach schedule)		248,891.00
Total Postpetition Liabilities	$	642,084.00		$	-
Liabilities Subject to Compromise
Secured Debt					3,576,750.00
Priority Debt		6,624.00			21,836.00
Unsecured Debt		1,280,692.00			3,234,839.00
Total Pre-Petition Liabilities	$	1,287,316.00		$	6,833,425.00
Total Liabilities	$	1,929,400.00		$	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		3,567,670.00
Adjustments to Owner Equity (attach schedule)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	4,553,834.00		$	986,164.00
Total Liabilities and Owners' Equity	$	6,483,234.00		$	7,819,589.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

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		67,193.00		120,059.00
Deferred costs of business sale				397,995.00
Other receivables		38,056.00		9,495.00
Environmental escrow accounts		500,000.00
	$	605,249.00	$	527,549.00
Other  Assets
Deferred income tax assets		454,210.00		888,294.00
Deferred loan costs		-		98,201.00
Trademark				2,000.00
Accrued income tax  - intercompany allocation		-		313,071.00
Account receivable - RCLC		3,306,207.00		2,212,667.00
	$	3,760,417.00	$	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			$	-
Other payroll deductions
Sales and use taxes
Accrued vacation, sick, and holiday pay
Accrued audit fees		8,333.00
Accrued line service incentive pay
Accrued interest expense
Accrued other bank charges		3,600.00
Accrued 401k Company match
Accrued credit card fees
Accrued income taxes		133,004.00
Accrued other		8,099.00
Deferred rental income
Intercompany payable - RCPC Liq Corp		95,855.00
	$	248,891.00	$	-
Adjustments to Owner Equity
	$	-	$	-
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-	$	-

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

STATUS OF POSTPETITION TAXES

	Beginning		Amount Withheld						Check No.		Ending
	Tax Liability		or Accrued		Amount Paid		Date Paid		or EFT		Tax Liability
Federal
Withholding	$	3,016.16	$	7,056.26	$	6,788.56			EFT		$	3,283.86
FICA-Employee		1,885.97		4,376.96		4,120.73						2,142.20
FICA-Employer		1,885.97		4,376.96		11,689.42						(5,426.49	)
Unemployment		14.40		1.72								16.12
Income												-
Other:												-
Total Federal Taxes	$	6,802.50	$	15,811.90	$	22,598.71					$	15.69
State and Local
Withholding - New Jersey		382.68		938.16		-			EFT			1,320.84
Withholding - Pennsylvania		1,612.93		689.06		1,651.44						650.55
Sales		1,492.37				1,492.37			EFT			-
Excise												-
Unemployment		1,120.38		493.06								1,613.44
Real Property												-
Personal Property												-
Other:												-
Total State and Local	$	4,608.36	$	2,120.28	$	3,143.81					$	3,584.83
Total Taxes	$	11,410.86	$	17,932.18	$	25,742.52					$	3,600.52
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		3,522.00										3,522.00
Rent/Leases-Building												-
Rent/Leases-Equipment												-
Secured Debt/Adequate Protection Payments												-
Professional Fees		373,287.00		16,384.00								389,671.00
Amounts Due to Insiders *												-
Other:  Accrued expenses		20,032.00										20,032.00
Other:  Accrued income taxes		133,004.00										133,004.00
Other:  Due to RCPC Liquidating Corp		95,855.00										95,855.00
Total Postpetition Debts	$	625,700.00	$	16,384.00	$	-	$	-	$	-	$	642,084.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation		Amount
Total Accounts Receivable at the beginning of the reporting period		$	263,716.57
(+) Amounts billed during the period			307,985.64
(+) Credit balances transferred to prepetition liabilities			23,265.63
(-) Amounts collected during the period			500,139.87
(-) Credit card fees and credits during the period			12,614.71
Total Accounts Receivable at the end of the reporting period				$	82,213.26
Accounts Receivable Aging		Amount
0 - 30	days old		31,234.09
31 - 60	days old		31,425.43
61 - 90	days old		4,703.00
91 +	days old		14,850.74
Total Accounts Receivable				$	82,213.26
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)				$	82,213.26

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
	documentation identifying the opened account(s).	X

Notes:
1	On October 15, 2010, the Company sold substantially all of the assets and business (other than certain excluded assets
	including cash and cash equivalents and accounts receivable) as was approved by the Court.
4	The policies were terminated effective October 15, 2010, upon the sale of the assets and business.
5	The Company opened a  tax  payment account at Capital One Bank, account # 7057179982.

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

EX-99.1

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

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	December 16, 2010
Signature of Authorized Individual *	Date
Daryl K. Holcomb	Vice President & Chief Financial Officer
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	10/01/10 - 10/31/10

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	$	1,150.38	$	999.81		$	103.30		$	1,064.05		$	3,317.54	$	-	$	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)		477.65		567.77			-			-			1,045.42				1,512.24
Transfers (From DIP Accts.)		88,000.00		21,369.83			11,417.97			4,187.38			124,975.18				237,975.18
Total Receipts	$	88,477.65	$	21,937.60		$	11,417.97		$	4,187.38		$	126,020.60	$	-	$	239,487.42		$	-
Disbursements	Amount		Amount			Amount			Amount			Amount		Amount		Amount			Amount
Net Payroll	$	-	$	21,937.60		$	-		$	-		$	21,937.60	$	-	$	65,151.94		$	-
Payroll Taxes							11,421.47						11,421.47				21,698.70
Sales, Use, & Other Taxes													-				-
Inventory Purchases													-				-
Secured/Rental/Leases		2,250.00											2,250.00				10,001.20
Insurance		23,698.80											23,698.80				71,761.38
Administrative		5,029.49								(174.17	)		4,855.32				15,506.80
Selling													-				-
Other (see below)		5,760.51		102.35			-			4,187.38			10,050.24				18,424.38
Owner Draw *													-				-
Transfers (To DIP Accts)		21,103.53											21,103.53				21,103.53
Professional Fees		20,721.97											20,721.97				39,380.52
U.S. Trustee Quarterly Fees		650.00											650.00				650.00
Court Costs													-				-
Total Disbursements	$	79,214.30	$	22,039.95		$	11,421.47		$	4,013.21		$	116,688.93	$	-	$	263,678.45		$	-
Net Cash Flow	$	9,263.35	$	(102.35	)	$	(3.50	)	$	174.17			9,331.67				(24,191.03	)
(Receipts Less Disbursements)
Cash - End of Month	$	10,413.73	$	897.46		$	99.80		$	1,238.22		$	12,649.21	$	-	$	12,649.21		$	-
* 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									$	116,688.93
Less: Transfers to Debtor in Possession Accounts										(21,103.53	)
Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees									$	95,585.40
Other Receipts:
Pre-DIP ACH not processed (voided) Exxon		475.00
Capital One - correction by bank of deposit		2.65
Adj for returned check				567.77
	$	477.65	$	567.77	$	-	$	-
Other Expense :
401K  Contributions							$	4,187.38
Bank Fees		5,760.51
Fee for new checks				102.35
		5,760.51		102.35				4,187.38

In re	RCLC, INC.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

	Operating					Tax				401K						Operating			Payroll					Other
	Wells Fargo Bank, NA					Wells Fargo Bank, NA				Wells Fargo Bank, NA						Capital One Bank			Capital One Bank					Petty Cash
	*					*				*						*			*
Balance Per Book			$	10,272.94			$	99.80			$	1,166.96		$	-		$	140.79			$	897.46			$	71.26
Bank Balance			$	33,113.94			$	1,915.62			$	1,166.96		$	-		$	140.79			$	9,585.43				N/A
(+) Deposits in Transit (Attach List)				-				-				-			-			-				-				-
(-) Outstanding Checks (Attach List)				(22,841.00	)			-				-			-			-				(8,687.97	)			-
Other (Attach Explanation)				-				(1,815.82	)			-			-			-				-				-
Adjusted Bank Balance *			$	10,272.94			$	99.80			$	1,166.96		$	-		$	140.79			$	897.46				N/A
* 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
		16143	$	2,364.20			$	-			$	-		$	-		$	-		2652	$	145.73			$	-
		16145		19,826.80																2955		5,080.11
		16147		650.00																2956		1,449.97
																				2957		2,012.16
			$	22,841.00			$	-			$	-		$	-		$	-			$	8,687.97			$	-
Other
NJ State Tax								(1,815.82	)
			$	-			$	(1,815.82	)		$	-		$	-		$	-			$	-			$	-
* Account number has been redacted.

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

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	Oct. 2010	20,721.97	RCLC	EFT	10/04/10	15,000.00	5,721.97	30,000.00	5,880.52

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10
STATEMENT OF OPERATIONS
(Income Statement)
Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	100,000.00		$	250,000.00
Less:  Returns and Allowances
Net Revenue		100,000.00			250,000.00
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		100,000.00			250,000.00
Operating Expenses
Advertising
Auto and Truck Expense		536.40			1,341.00
Bad Debts					-
Contributions					-
Employee Benefits Programs		6,674.81			24,349.45
Insider Compensation *		3,695.36			8,795.36
Insurance		42,069.72			58,649.34
Management Fees/Bonuses					-
Office Expense		1,827.02			2,668.66
Pension & Profit-Sharing Plans		567.70			3,032.05
Repairs and Maintenance		1,991.99			6,886.71
Rent and Lease Expense		4,791.65			9,977.25
Salaries/Commissions/Fees		(25,084.55	)		77,829.76
Supplies		182.58			553.48
Taxes - Payroll		2,019.02			9,361.98
Taxes - Real Estate					-
Taxes - Other					-
Travel and Entertainment		470.18			4,864.35
Utilities		510.00			1,584.56
Other (attach schedule)		5,883.72			11,838.67
Total Operating Expenses Before Depreciation		46,135.60			221,732.62
Depreciation/Depletion/Amortization					-
Net Profit (Loss) Before Other Income & Expenses		53,864.40			28,267.38
Other Income and Expenses
Other Income (attach schedule)		(2,866.50	)		(7,166.25	)
Interest Expense		3,192.10			8,710.05
Other Expense (attach schedule)		8,644.99			21,251.61
Net Profit (Loss) Before Reorganization Items		44,893.81			5,471.97
Reorganization Items
Professional Fees		160,780.25			160,780.25
U.S. Trustee Quarterly Fees		650.00			650.00
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		161,430.25			161,430.25
Income Taxes - Deferred & allocated among affiliates		(144,391.00	)		(144,391.00	)
Income Taxes - Current		135,333.00			135,333.00
Net Profit (Loss)	$	(107,478.44	)	$	(146,900.28	)

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10
STATEMENT OF OPERATIONS - continuation sheet

			Cumulative
Breakdown of "Other" Category	Month		Filing to Date
Other Costs
None	$	-	$	-
	$	-	$	-
Other Operational Expenses
Stock Transfers	$	1,900.00	$	5,800.00
Information Release Cost		945.00		1,360.00
Other Stock Related Expense				1,000.00
Bank Service Fees		3,038.72		3,619.27
Penalties & Late Charges				59.40
	$	5,883.72	$	11,838.67
Other Income
Dividend Income - Split Dollar Insurance	$	-	$	4,299.75
	$	-	$	4,299.75
Other Expenses
Auditing & Tax Fees	$	3,250.00	$	8,125.00
Rights Plan Amortization		330.08		825.20
Legal Fee - Accrual		-		2,250.00
Other Professional Fees		5,018.00		10,004.50
Other		46.91		46.91
				-
				-
				-
	$	8,644.99	$	21,251.61
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	10/01/10 - 10/31/10

BALANCE SHEET

Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		12,649.21		36,840.24
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses		179,182.80		242,091.94
Professional Retainers		54,703.60		54,703.60
Other Current Assets (attach schedule)		247,775.00		250,768.00
Total Current Assets	$	494,310.61	$	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)		16,909,021.79		17,107,507.81
Total Other Assets	$	16,909,021.79	$	17,107,507.81
Total Assets	$	17,403,332.40	$	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		29,858.23
Taxes Payable (refer to Form MOR-4)		3,717.83
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees		994,422.95
Amounts Due to Insiders * (defined in 11 U.S.C. Section 101(31))		4,760.28
Other Postpetition Liabilities (attach schedule)		307.33
Total Postpetition Liabilities	$	1,033,066.62		$	-
Liabilities Subject to Compromise
Secured Debt		-			2,005,050.59
Priority Debt		47,802.48			51,133.31
Unsecured Debt		10,327,711.50			9,494,075.61
Total Pre-Petition Liabilities	$	10,375,513.98		$	11,550,259.51
Total Liabilities	$	11,408,580.60		$	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		(146,900.28	)
Adjustments to Owner Equity (attach schedule)		(1,596,670.02	)		(1,596,670.02	)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	5,994,751.80		$	6,141,652.08
Total Liabilities and Owners' Equity	$	17,403,332.40		$	17,691,911.59

In re	RCLC, Inc	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10

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		247,775.00			250,768.00
	$	247,775.00		$	250,768.00
Other  Assets
Investment is Subsidiaries		8,972,480.35			8,972,480.35
Intercompany Receivables - Prometcor		4,686,643.53			4,686,643.53
Intercompany Receivables - RCPC Liquidating		1,175,541.28			999,740.57
Deferred Sale costs - Ronson Aviation		-			348,601.95
Non-Current Deferred Tax Asset		2,010,017.00			2,034,742.68
Rights Plan		3,300.66			4,125.86
Cash Surrender Value - Life Insurance		61,038.97			61,172.87
	$	16,909,021.79		$	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		307.33			-
	$	307.33		$	-
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				10/01/10 - 10/31/10
STATUS OF POSTPETITION TAXES
		Beginning		Amount Withheld							Check No.		Ending
		Tax Liability		or Accrued		Amount Paid			Date Paid		or EFT		Tax Liability
Federal
Withholding		$	2,550.00	$	4,876.00	$	(5,243.00	)	10/12, 10/21, 10/29				$	2,183.00
FICA-Employee			771.27		1,468.75		(1,648.48	)	10/12, 10/21, 10/29					591.54
FICA-Employer			771.25		1,468.75		(1,648.48	)	10/12, 10/21, 10/29					591.52
Unemployment			266.86		-		-							266.86
Income														-
Other:														-
Total Federal Taxes		$	4,359.38	$	7,813.50	$	(8,539.96	)					$	3,632.92
State and Local
Withholding			136.86		1,010.24		(1,062.19	)	10/12, 10/21, 10/29					84.91
Sales			-											-
Excise			-											-
Unemployment			328.89		1,300.25		(1,629.14	)	10/29/10					-
Real Property			-											-
Personal Property
Other:			56.39		130.29		(186.68	)	10/29/10					-
Total State and Local		$	522.14	$	2,440.78	$	(2,878.01	)					$	84.91
Total Taxes		$	4,881.52	$	10,254.28	$	(11,417.97	)					$	3,717.83
SUMMARY OF UNPAID POSTPETITION DEBTS
Attached listing of accounts payable
		Current			0-30		31-60			61-90	Over 90		Total
Accounts Payable		$	15,687.71	$	12,070.52	$	2,100.00		$	-	$	-	$	29,858.23
Wages Payable														-
Taxes Payable			3,717.83											3,717.83
Rent/Leases-Building														-
Rent/Leases-Equipment														-
Secured Debt/Adequate Protection Payments														-
Professional Fees			753,797.88		240,625.07									994,422.95
Amounts Due to Insiders *			1,756.66		3,033.62									4,790.28
Other: 401K Employee			307.33											307.33
Other:														-
Total Postpetition Debts		$	775,267.41	$	255,729.21	$	2,100.00		$	-	$	-	$	1,033,096.62

In re	RCLC, Inc.	Case No.	10-35313-MBK
		Reporting Period	10/01/10 - 10/31/10
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		-
1 - 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).

Documentation:
5.	Bank:  Capital One Bank
	Account Name:  RCLC, Inc. (Tax Payment Account/Debtor-in-Possession)
	Account #:  7057179966

EX-99.2

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10
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	None
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	December 16, 2010
Signature of Authorized Individual *	Date
Daryl K Holcomb	Vice President & Chief Financial Officer
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	10/01/10 - 10/31/10
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)		2,541,395.39									2,541,395.39				2,541,395.39
Transfers (From DIP Accts.)		92.74									92.74				92.74
Total Receipts	$	2,541,488.13	$	-	$	-		$	-	$	2,541,488.13	$	-	$	2,541,488.13	$	-
Disbursements	Amount		Amount		Amount			Amount		Amount		Amount		Amount		Amount
Net Payroll	$	-	$	-	$	-		$	-	$	-	$	-	$	-	$	-
Payroll Taxes											-				.
Sales, Use, & Other Taxes											-				-
Inventory Purchases											-				-
Secured/Rental/Leases											-				-
Insurance											-				-
Administrative		157.30									157.30				157.30
Selling											-				-
Other (Attach List)											-				-
Fee to NJDEP		150.00									150.00				150.00
Owner Draw *											-				-
Transfers (To DIP Accts)						92.74					92.74				92.74
											-				-
Professional Fees											-				-
U.S. Trustee Quarterly Fees		325.00									325.00				325.00
Court Costs											-				-
Total Disbursements	$	632.30	$	-	$	92.74		$	-	$	725.04	$	-	$	725.04	$	-
Net Cash Flow
(Receipts Less Disbursements)		2,540,855.83		-		(92.74	)		-		2,540,763.09				2,540,763.09
Cash - End of Month	$	2,596,070.59	$	100.00	$	-		$	-	$	2,596,170.59	$	-	$	2,596,170.59	$	-

* Compensation to Sole Proprietors for Services Rendered to Bankruptcy Estate
				Closed	Closed
	THE FOLLOWING SECTION MUST BE COMPLETED
Disbursements for Calculating U.S. Trustee Quarterly Fees: (From Current Month Actual Column)
Total Disbursements										$	725.04
	Less: Transfers to Debtor in Possession Accounts										(92.74	)
*	Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)										-
Total Disbursements for Calculating U.S. Trustee Quarterly Fees										$	632.30
	* 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, did not disburse any amount from the funds held in that escrow account.
Other Receipts:
	Reinstatement of custodial funds by Wells Fargo	$	2,527,566.71			$	2,527,566.71	$	2,527,566.71
	Deposit from escrow account	$	13,600.00			$	13,600.00	$	13,600.00
	Void June check not cashed		228.68				228.68		228.68
	Total	$	2,541,395.39			$	2,541,395.39	$	2,541,395.39

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10

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		$	29,791.00		$	-		$	-		$	2,566,754.59		$	100.00		$	-
Balance Per Bank		$	29,791.00		$	-		$	-		$	2,566,754.59		$	100.00		$	-
(+) Deposits in Transit (Attach List)			-			-			-			-			-			-
(-) Outstanding Checks (Attach List)						-			-			-			-			-
Other (Attach Explanation)			-			-			-						-			-
Adjusted Bank Balance *		$	29,791.00		$	-		$	-		$	2,566,754.59		$	100.00		$	-
* Adjusted bank balance must equal
balance per books
					Closed
Deposits in Transit	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
					$	-		$	-		$	-		$	-		$	-
		$	-		$	-		$	-		$	-		$	-		$	-
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	10/01/10 - 10/31/10

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	10/01/10 - 10/31/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	-		$	-
Less:  Returns and Allownces
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		12,205.66			12,205.66
Management Fees/Bonues
Office Expense		157.30			157.30
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
Utilites
Other (attach schedule)		1,190.13			1,190.13
Total Operating Expenses Before Depreciation		13,553.09			13,553.09
Depreciation/Depletion/Amortization
Net Profit(Loss) Before Other Income & Expenses		(13,553.09	)		(13,553.09	)
Other Income and Expenses
Other Income (attach schedule)		(193.23	)		(726.57	)
Interest Expense					6.65
Other Expense (attach schedule)					-
		(193.23	)		(719.92	)
Net Profit (Loss) Before Reorganization Items		(13,359.86	)		(12,833.17	)
Reorganization Items
Professional Fees		126,860.73			126,860.73
U.S. Trustee Quarterly Fees		325.00			325.00
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		127,185.73			127,185.73
Income Taxes - Deferred & Allocation		(222,265.00	)		(222,265.00	)
Income Taxes - Current		-			-
Net Profit (Loss)	$	81,719.41		$	82,246.10

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10
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	$	193.23	$	726.57
	$	193.23	$	726.57
Other Expenses
Bank Fees	$	1,190.13	$	1,190.13
			$	-
	$	1,190.13	$	1,190.13
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	10/01/10 - 10/31/10
BALANCE SHEET
Accrual Basis

	Book Value at End of		Book Value on
Assets	Current Reporting Month		Petition Date
Current Assets
Unrestricted Cash and Equivalents		2,596,170.59		55,407.50
Restricted Cash and Equivalents (see continuation sheet)		1,298,367.87		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)		30,347.00		22,721.00
Total Current Assets	$	3,933,858.98	$	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)		263,206.89		3,168,615.99
Total Other Assets	$	263,206.89	$	3,168,615.99
Total Assets	$	4,197,065.87	$	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
Unsecured Debt		2,786,862.74		3,243,166.33
Total Pre-Petition Liabilities	$	2,787,819.95	$	3,246,129.43
Total Liabilities	$	2,787,819.95	$	3,246,129.43
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		74,167.82		74,167.82
Retained Earning - Postpetition		82,246.10
Adjustments to Owner Equity (attach schedule)		2,732.00		2,732.00
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	1,409,245.92	$	1,326,999.82
Total Liabilities and Owners' Equity	$	4,197,065.87	$	4,573,129.25

In re	RCPC Liquidating Corp	Case No.	10-35318-MBK
		Reporting Period	10/01/10 - 10/31/10
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		30,347.00
	$	30,347.00	$	-
Other  Assets
Account receivable - RCC, Inc.		263,206.89		263,206.89
Account receivable - RA Liquidating Corp		-		2,473,273.07
Deferred income tax assets		-		432,136.03
	$	263,206.89	$	3,168,615.99
	Book Value at End of		Book Value on
Liabilities And Owner Equity	Current Reporting Month		Petition Date
Other Postpetition Liabilities
Deferred income tax assets		346,687.97
	$	346,687.97	$	-
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	10/01/10 - 10/31/10
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	10/01/10 - 10/31/10

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		-
1 - 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).

5	The Company opened the RCPC Liquidating Corp Tax Payment/Debtor-in-Possession account at Capital One Bank,
	account # 7057179974.

EX-99.3

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10
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
Schedule of Professional Fees Paid	MOR-1b	X
Copies of bank statements		X
Cash disbursements journals
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
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts	MOR-4
Listing of aged accounts payable	MOR-4
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	December 16, 2010
Signature of Authorized Individual *	Date
Daryl K. Holcomb	Vice President & chief Financial Officer
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	10/01/10 - 10/31/10

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	$	(1,214.19	)	$	-		$	3,179.06	$	1,724.46		$	3,689.33		$	-	$	39,997.99		$	-
Receipts	Amount			Amount			Amount		Amount			Amount			Amount		Amount			Amount
Cash Sales	$	-		$	-		$	-	$	-		$	-		$	-	$	-		$	-
Accounts Receivable  (1)		199,820.46								518,963.93			718,784.39					1,580,531.67
Loans and Advances		261,000.00											261,000.00					992,000.00
Sale of Assets		10,161,703.97											10,161,703.97					10,161,703.97
Other (Attach List)		4.38			-			-		(18,570.18	)		(18,565.80	)				(59,731.79	)
Transfers (From DIP Accts.)		1,470.58			43,724.87			32,288.47					77,483.92					228,533.59
Change in clearings										(253.88	)		(253.88	)				(36.53	)
Total Receipts	$	10,623,999.39		$	43,724.87		$	32,288.47	$	500,139.87		$	11,200,152.60		$	-	$	12,903,000.91		$	-
Disbursements	Amount			Amount			Amount		Amount			Amount			Amount		Amount			Amount
Net Payroll				$	43,728.47				$	-		$	43,728.47		$	-	$	155,078.58		$	-
Payroll Taxes								31,573.61					31,573.61					70,005.22
Sales, Use, & Other Taxes													-
Inventory Purchases		115,039.40											115,039.40					516,930.24
Secured/Rental/Leases		670.88											670.88					17,932.38
Insurance		4,475.00											4,475.00					45,258.12
Administrative		782.64						-					782.64					5,583.75
Selling													-
Other (Attach List)		2,287,313.12			-			-		-			2,287,313.12					2,318,545.27
Loan payments		6,072,815.10								361,245.21			6,434,060.31					7,254,641.60
Owner Draw *													-
Transfers (To DIP Accts)		179,890.29								140,619.12			320,509.41					593,334.65
													-
Professional Fees		-											-					-
U.S. Trustee Quarterly Fees		6,500.00											6,500.00					6,500.00
Court Costs													-
Total Disbursements	$	8,667,486.43		$	43,728.47		$	31,573.61	$	501,864.33		$	9,244,652.84		$	-	$	10,983,809.81		$	-
Net Cash Flow		1,956,512.96			(3.60	)		714.86		(1,724.46	)		1,955,499.76					1,919,191.10
(Receipts Less Disbursements)
Cash - End of Month	$	1,955,298.77		$	(3.60	)	$	3,893.92	$	(0.00	)	$	1,959,189.09		$	-	$	1,959,189.09		$	-
* 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		$	9,244,655.84
	Less: Transfers to Debtor in Possession Accounts		(320,512.41	)
	Plus: Estate Disbursements Made by Outside Sources (i.e. from escrow accounts)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees		$	8,924,143.43

(1)  Until October 15, 2010, all receipts were swept by the lender and applied directly to the secured debt.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

	Bank Accounts										Current Month					Cumulative Filing to Date
	Operating			Payroll		Tax		Other			Actual			Projected		Actual			Projected
Other Receipts	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Interest on escrow funds	$	4.38									$	4.38				$	4.38
Forward to Zippo Mfg receipts belonging to Zippo									(18,570.18	)		(18,570.18	)				(59,736.17	)
												-
												-
												-
												-
												-
Total Other Receipts	$	4.38		$	-	$	-	$	(18,570.18	)	$	(18,565.80	)	$	-	$	(59,731.79	)	$	-
Other Disbursements	Amount			Amount		Amount		Amount			Amount			Amount		Amount			Amount
Building & ramp costs	$	1,477.86						$	-		$	1,477.86		$	-	$	4,647.48		$	-
Maintenance costs		1,508.05										1,508.05					12,510.15
Transfers to RCLC, Inc. (1)												-					-
401k deposits		11,812.72										11,812.72					11,812.72
NJDEP		2,500.00										2,500.00					2,500.00
US Customs		1,254.40										1,254.40					1,254.40
Prior month reconciling items		(750.41	)									(750.41	)				(750.41	)
Getzler Henrich		1,895,050.59										1,895,050.59					1,895,050.59
Utilities deposits												-					12,632.00
Utilities												-					3,917.23
Equipment												-					511.20
Professional fees of Greenberg Traurig on behalf of Wells Fargo		374,459.91										374,459.91					374,459.91
												-
												-
												-
												-
												-
Total Other Disbursements	$	2,287,313.12		$	-	$	-	$	-		$	2,287,313.12		$	-	$	2,318,545.27		$	-

(1) Included in transfers to DIP accounts

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

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			$	73,775.00			$	3,893.92		$	-		$	-		$	1,881,523.77		$	(3.60	)		$	-
Balance Per Bank			$	80,275.00			$	3,893.92		$	-		$	-		$	1,881,523.77		$	-			$	-
(+) Deposits in Transit (Attach List)				-				-			-			-			-			347.40				-
(-) Outstanding Checks (Attach List)				(6,500.00	)			-			-			-			-			(351.00	)			-
Other (Attach Explanation)				-				-			-			-			-			-				-
Adjusted Bank Balance *			$	73,775.00			$	3,893.92		$	-		$	-		$	1,881,523.77		$	(3.60	)		$	-
* 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
		9001	$	6,500.00														20652	$	153.07
																		20672		197.93
			$	6,500.00			$	-		$	-		$	-		$	-		$	351.00			$	-
Other
			$	-			$	-		$	-		$	-		$	-		$	-			$	-
			$	-			$	-		$	-		$	-		$	-		$	-			$	-
* Account number has been redacted.

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

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	10/01/10 - 10/31/10

STATEMENT OF OPERATIONS

(Income Statement)

Accrual Basis

				Cumulative
Revenues	Month			Filing to Date
Gross Revenues	$	340,228.00		$	1,232,865.00
Less:  Returns and Allowances
Net Revenue		340,228.00			1,232,865.00
Cost of Goods Sold
Beginning Inventory		240,469.00			223,977.00
Add:  Purchases		116,684.00			545,011.00
Add:  Cost of Labor		33,260.00			162,703.00
Add:  Other Costs (attach schedule)		55,147.00			198,975.00
Less:  Ending Inventory		(203,620.00	)		(203,620.00	)
Cost of Goods Sold		241,940.00			927,046.00
Gross Profit		98,288.00			305,819.00
Operating Expenses
Advertising
Auto and Truck Expense		359.00			948.00
Bad Debts
Contributions
Employee Benefits Programs		1,955.00			6,560.00
Insider Compensation *
Insurance		669.00			2,677.00
Management Fees		104,167.00			269,276.00
Office Expense		2,065.00			7,178.00
Pension & Profit-Sharing Plans		108.00			732.00
Repairs and Maintenance		283.00			283.00
Rent and Lease Expense
Salaries/Commissions/Fees		9,685.00			39,731.00
Supplies		38.00			480.00
Taxes - Payroll		439.00			1,551.00
Taxes - Real Estate
Taxes - Other
Travel and Entertainment
Utilities
Other (attach schedule)		82,030.00			124,928.00
Total Operating Expenses Before Depreciation		201,798.00			454,344.00
Depreciation/Depletion/Amortization		7,715.00			31,452.00
Net Profit (Loss) Before Other Income & Expenses		(111,225.00	)		(179,977.00	)
Other Income and Expenses
Other Income (attach schedule)		(151,031.00	)		(151,031.00	)
Interest Expense		14,872.00			60,342.00
Other Expense (attach schedule)
Net Profit (Loss) Before Reorganization Items		24,934.00			(89,288.00	)
Reorganization Items
Professional Fees		545,945.00			545,945.00
U.S. Trustee Quarterly Fees		6,500.00			6,500.00
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)
Gain (Loss) from Sale of Equipment		6,038,552.00			6,038,552.00
Other Reorganization Expenses (attach schedule)
Total Reorganization Expenses		(5,486,107.00	)		(5,486,107.00	)
Income Taxes - deferred & allocated among affiliates		1,696,145.00			1,696,145.00
Income Taxes - current		133,004.00			133,004.00
Net Profit (Loss)	$	3,681,892.00		$	3,567,670.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

STATEMENT OF OPERATIONS - continuation sheet

				Cumulative
Breakdown of "Other" Category	Month			Filing to Date
Other Costs
Building & ramp department costs	$	39,054.00		$	166,686.00
Avionics department costs		1,155.00			2,129.00
Maintenance department costs		17,752.00			23,049.00
Parts & service administration costs		(2,814.00	)		7,111.00
	$	55,147.00		$	198,975.00
Other Operational Expenses
Audit fees	$	3,333.00		$	8,333.00
Legal fees
Fees charged by the secured lender		(15,000.00	)		18,394.00
Amortization of loan costs & write-off of unamortized portion		93,697.00			98,201.00
	$	82,030.00		$	124,928.00
Other Income
Write off of prior overaccrual of estimated fees	$	51,031.00		$	51,031.00
Adjustment in prior Chief Restructuring Officer fees		100,000.00		$	100,000.00
	$	151,031.00		$	151,031.00
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	10/01/10 - 10/31/10

BALANCE SHEET

Accrual Basis

	Book Value at End of			Book Value on
Assets	Current Reporting Month			Petition Date
Current Assets
Unrestricted Cash and Equivalents		1,959,189.00			39,998.00
Restricted Cash and Equivalents (see continuation sheet)
Accounts Receivable (Net)		71,126.00			143,218.00
Notes Receivable
Inventories					223,977.00
Prepaid Expenses		62,253.00			91,243.00
Professional Retainers		25,000.00			25,000.00
Other Current Assets (attach schedule)		605,249.00			527,549.00
Total Current Assets	$	2,722,817.00		$	1,050,985.00
Property and Equipment
Real Property and Improvements					5,505,335.00
Machinery and Equipment					667,352.00
Furniture, Fixtures and Office Equipment					346,616.00
Leasehold Improvements					1,108,308.00
Vehicles					15,872.00
Less Accumulated Depreciation					(4,389,112.00	)
Total Property & Equipment	$	-		$	3,254,371.00
Other Assets
Loans to Insiders *
Other Assets (see schedule)		3,760,417.00			3,514,233.00
Total Other Assets	$	3,760,417.00		$	3,514,233.00
Total Assets	$	6,483,234.00		$	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
Taxes Payable (refer to Form MOR-4)		3,522.00
Wages Payable
Notes Payable
Rent/Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees		389,671.00
Amounts Due to Insiders *
Other Postpetition Liabilities (attach schedule)		248,891.00
Total Postpetition Liabilities	$	642,084.00		$	-
Liabilities Subject to Compromise
Secured Debt					3,576,750.00
Priority Debt		6,624.00			21,836.00
Unsecured Debt		1,280,692.00			3,234,839.00
Total Pre-Petition Liabilities	$	1,287,316.00		$	6,833,425.00
Total Liabilities	$	1,929,400.00		$	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		3,567,670.00
Adjustments to Owner Equity (attach schedule)
Postpetition contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity	$	4,553,834.00		$	986,164.00
Total Liabilities and Owners' Equity	$	6,483,234.00		$	7,819,589.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

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		67,193.00		120,059.00
Deferred costs of business sale				397,995.00
Other receivables		38,056.00		9,495.00
Environmental escrow accounts		500,000.00
	$	605,249.00	$	527,549.00
Other  Assets
Deferred income tax assets		454,210.00		888,294.00
Deferred loan costs		-		98,201.00
Trademark				2,000.00
Accrued income tax  - intercompany allocation		-		313,071.00
Account receivable - RCLC		3,306,207.00		2,212,667.00
	$	3,760,417.00	$	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			$	-
Other payroll deductions
Sales and use taxes
Accrued vacation, sick, and holiday pay
Accrued audit fees		8,333.00
Accrued line service incentive pay
Accrued interest expense
Accrued other bank charges		3,600.00
Accrued 401k Company match
Accrued credit card fees
Accrued income taxes		133,004.00
Accrued other		8,099.00
Deferred rental income
Intercompany payable - RCPC Liq Corp		95,855.00
	$	248,891.00	$	-
Adjustments to Owner Equity
	$	-	$	-
Postpetition contributions (Distributions) (Draws) (attach schedule)
	$	-	$	-

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

STATUS OF POSTPETITION TAXES

	Beginning		Amount Withheld						Check No.		Ending
	Tax Liability		or Accrued		Amount Paid		Date Paid		or EFT		Tax Liability
Federal
Withholding	$	3,016.16	$	7,056.26	$	6,788.56			EFT		$	3,283.86
FICA-Employee		1,885.97		4,376.96		4,120.73						2,142.20
FICA-Employer		1,885.97		4,376.96		11,689.42						(5,426.49	)
Unemployment		14.40		1.72								16.12
Income												-
Other:												-
Total Federal Taxes	$	6,802.50	$	15,811.90	$	22,598.71					$	15.69
State and Local
Withholding - New Jersey		382.68		938.16		-			EFT			1,320.84
Withholding - Pennsylvania		1,612.93		689.06		1,651.44						650.55
Sales		1,492.37				1,492.37			EFT			-
Excise												-
Unemployment		1,120.38		493.06								1,613.44
Real Property												-
Personal Property												-
Other:												-
Total State and Local	$	4,608.36	$	2,120.28	$	3,143.81					$	3,584.83
Total Taxes	$	11,410.86	$	17,932.18	$	25,742.52					$	3,600.52
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		3,522.00										3,522.00
Rent/Leases-Building												-
Rent/Leases-Equipment												-
Secured Debt/Adequate Protection Payments												-
Professional Fees		373,287.00		16,384.00								389,671.00
Amounts Due to Insiders *												-
Other:  Accrued expenses		20,032.00										20,032.00
Other:  Accrued income taxes		133,004.00										133,004.00
Other:  Due to RCPC Liquidating Corp		95,855.00										95,855.00
Total Postpetition Debts	$	625,700.00	$	16,384.00	$	-	$	-	$	-	$	642,084.00

In re	RA Liquidating Corp	Case No.	10-35315-MBK
		Reporting Period	10/01/10 - 10/31/10

ACCOUNTS RECEIVABLE RECONCILING AND AGING

Accounts Receivable Reconciliation		Amount
Total Accounts Receivable at the beginning of the reporting period		$	263,716.57
(+) Amounts billed during the period			307,985.64
(+) Credit balances transferred to prepetition liabilities			23,265.63
(-) Amounts collected during the period			500,139.87
(-) Credit card fees and credits during the period			12,614.71
Total Accounts Receivable at the end of the reporting period				$	82,213.26
Accounts Receivable Aging		Amount
0 - 30	days old		31,234.09
31 - 60	days old		31,425.43
61 - 90	days old		4,703.00
91 +	days old		14,850.74
Total Accounts Receivable				$	82,213.26
Amounts considered uncollectible (Bad Debt)
Accounts Receivable (Net)				$	82,213.26

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
	documentation identifying the opened account(s).	X

Notes:
1	On October 15, 2010, the Company sold substantially all of the assets and business (other than certain excluded assets
	including cash and cash equivalents and accounts receivable) as was approved by the Court.
4	The policies were terminated effective October 15, 2010, upon the sale of the assets and business.
5	The Company opened a  tax  payment account at Capital One Bank, account # 7057179982.