UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

[x]     Quarterly Report Pursuant to Section 13 or 15(d) Securities Exchange Act of 1934 for Quarterly Period Ended August 31, 2012

-OR-

[ ]     Transition Report Pursuant to Section 13 or 15(d) of the Securities And Exchange Act of 1934 for the transaction period from _________ to________

Commission file number 333 -175337

RAINBOW INTERNATIONAL, CORP.

(Exact name of registrant as specified in its charter)

|  

 

 

 

 

 

 

 

Nevada

 

 

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification)

Besiktas Emiran CAD. Naki Cendere Apt. No. 88/4, Istanbul, Turkey

(Address of principal executive offices, including zip code)

Registrant's Telephone number, including area code: (+ 90) 212 258 3495

Indicate by check mark whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  [x]   No [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes [x]   No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerate filer, or a small reporting company as defined by Rule 12b-2 of the Exchange Act):

 

 

 

Large accelerated filer          [  ]

 

Non-accelerated filer               [  ]

Accelerated filer                   [  ]

 

Smaller reporting company     [x]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes  [ ]      No [x]

The number of outstanding shares of the registrant's common stock, October 22, 2012:   Common Stock  -  5,747,508

2

Rainbow International Corp

FORM 10-Q

For the quarterly period ended August 31, 2012

INDEX

PART 1 – FINANCIAL INFORMATION

 

 

 

 

 

Page

Item 1.  Financial Statements (Unaudited)

 

4

Item 2.  Management's Discussion and Analysis of

  Financial Condition and Results of Operations

 

17

Item 3.  Quantitative and Qualitative Disclosure

  About Market Risk

 

19

Item 4.  Controls and Procedures

 

19

PART II – OTHER INFORMATION

 

 

 

Item 1.  Legal Proceedings

 

21

Item 1A.  Risk Factors

 

21

Item 2.  Unregistered Sales of Equity Securities and

  Use of Proceeds

 

21

Item 3.  Defaults upon Senior Securities

 

21

Item 4.  Mine Safety Disclosures

 

21

Item 5.  Other Information

 

21

Item 6.  Exhibits

 

21

 

 

 

SIGNATURES

 

22

3

RAINBOW INTERNATIONAL CORP.

(A Development Stage Company)

Consolidated Balance Sheet

 

***August 31,***

 

***May 31,***

 

***2012***

 

***2012***

 

***(Unaudited)***

 

***(Audited)***

**ASSETS**

 

 

 

  Current assets:

 

 

 

    Cash

 $35,936 

 

 $78 

    Cash held in trust

 43,884 

 

 243,114 

      Total current assets

 79,820 

 

 243,192 

 

 

 

 

  Property and equipment, net

 276,740 

 

 -   

 

 

 

 

Other Assets

 

 

 

    Other assets

 6,651 

 

 5,000 

 Total Other Assets

 6,651 

 

 5,000 

      Total assets

 $363,211 

 

 $248,192 

 

 

 

 

 

 

 

 

**LIABILITIES**

 

 

 

  Current liabilities:

 

 

 

    Advances from shareholder

 $560 

 

 $5,560 

    Other

 16,173 

 

 

      Total current liabilities

 16,733 

 

 5,560 

 

 

 

 

      Total liabilities

 16,733 

 

 5,560 

 

 

 

 

**STOCKHOLDERS' EQUITY**

 

 

 

  Common stock, $0.001 par value, 75,000,000 authorized,

 

 

 5,747,508 and 3,500,000 shares issued and outstanding

 5,748 

 

 3,540 

  Capital in excess of par value

 18,852 

 

 21,060 

  Stock subscription

 641,982 

 

 264,867 

  Deficit accumulated during the development stage

 (320,104)

 

 (46,835)

      Total stockholders' equity

 346,478 

 

 242,632 

      Total liabilities and stockholders' deficit

 $363,211 

 

 $248,192 

The accompanying notes are an integral part of the consolidated financial statements.

4

RAINBOW INTERNATIONAL CORP.

(A Development Stage Company)

Consolidated Statements of Operations

*** ***

 

 

 

***Cumulative,***

 

 

 

 

 

***Inception,***

 

***Three Months***

 

***Three Months***

 

***April 22,***

 

***Ended***

 

***Ended***

 

***2011 Through***

 

***August 31,***

 

***August 31,***

 

***August 31,***

 

***2012***

 

***2011***

 

***2012***

 

 

 

 

 

 

Sales

 $               -   

 

 $            -   

 

 $              -   

 

 

 

 

 

 

Cost of Sales

 - 

 

 - 

 

 - 

 

 

 

 

 

 

Gross Profit

 - 

 

 - 

 

 - 

 

 

 

 

 

 

General and administrative expenses:

 

 

 

 

 

  Exploration costs

 123,533 

 

 

 

 123,533 

  Legal and professional fees

 53,866 

 

 

 

 98,163 

  Office costs

 49,747 

 

 

 

 49,747 

  Contract labor

 43,823 

 

 

 

 43,823 

  Other general and administrative

 2,300 

 

 2,538 

 

 4,838 

    Total operating expenses

 273,269 

 

 2,538 

 

 320,104 

    (Loss) from operations

 (273,269)

 

 (2,538)

 

 (320,104)

 

 

 

 

 

 

Other income (expense): 

 

 

 

 

 

  Interest Income

 

 

 

 

 -   

  Interest (expense)

 

 

 

 

 

    (Loss) before taxes

 (273,269)

 

 (2,538)

 

 (320,104)

 

 

 

 

 

 

Provision (credit) for taxes on income

 -   

 

 

 

 -   

    Net (loss)

 $(273,269)

 

 $(2,538)

 

 $(320,104)

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 $(0.05)

 

 $(0.00)

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding

 5,747,508 

 

 3,000,000 

 

 

The accompanying notes are an integral part of the consolidated financial statements.

5

RAINBOW INTERNTIONAL CORP.

(A Development Stage Company)

Consolidated Statements of Cash Flows

 

 

 

 

 

 

***Cumulative,***

 

 

 

 

 

 

***Inception,***

 

 

***Three months***

 

***Three months***

 

***April 22,***

 

 

***Ended***

 

***Ended***

 

***2011 Through***

 

 

***August 31,***

 

***August 31,***

 

***August 31,***

 

 

***2012***

 

***2011***

 

***2012***

 

 

 

 

 

 

 

 Cash flows from operating activities: 

 

 

 

 

 

 

  Net (loss) 

 

 $(273,269)

 

 $(2,938)

 

 $(320,104)

 

 

 

 

 

 

 

 Adjustments to reconcile net (loss) to cash  

 

 

 

 

 

 

   provided (used) by developmental stage activities: 

 

 

 

 

 

 

   Change in current assets and liabilities:  

 

 

 

 

 

 

     Inventory 

 

 

 

 

 

 

     Other assets 

 

 (1,651)

 

 

 

 (6,651)

     Accounts payable and accrued expenses 

 

 16,173 

 

 

 

 16,173 

       Net cash flows from operating activities 

 

 (258,747)

 

 (2,938)

 

 (310,582)

 

 

 

 

 

 

 

 Cash flows from investing activities: 

 

 

 

 

 

 

     Purchase of fixed assets 

 

 (276,740)

 

-

 

 (276,740)

       Net cash flows from investing activities 

 

 (276,740)

 

 -   

 

 (276,740)

 

 

 

 

 

 

 

 Cash flows from financing activities: 

 

 

 

 

 

 

   Proceeds from sale of common stock 

 

 

 

 3,000 

 

 24,600 

    Stock subscription  

 

 377,115 

 

 

 

 641,982 

   Advances/(payments) from shareholder 

 

 (5,000)

 

 500 

 

 560 

       Net cash flows from financing activities 

 

 372,115 

 

 3,500 

 

 667,142 

       Net cash flows 

 

 (163,372)

 

 562 

 

 79,820 

 

 

 

 

 

 

 

 Cash and equivalents, beginning of period 

 

 243,192 

 

 -   

 

 -   

 Cash and equivalents, end of period 

 

 $79,820 

 

 $562 

 

 $79,820 

 

 

 

 

 

 

 

 Supplemental cash flow disclosures: 

 

 

 

 

 

 

   Cash paid for interest 

 

 $          -   

 

 $          -   

 

 $             -   

   Cash paid for income taxes 

 

 $          -   

 

 $          -   

 

 $             -   

The accompanying notes are an integral part of the consolidated financial statements.

6

RAINBOW INTERNATIONAL CORP.

(An exploration stage company)

Notes to Financial Statements

August 31, 2012

**Note 1 - Organization and summary of significant accounting policies:**

Following is a summary of the Company’s organization and significant accounting policies: 

**Organization and nature of business –Rainbow International Corp**., (“We,” or “the Company”) is a Nevada corporation incorporated on April 22, 2011.  The Company was primarily engaged in the distribution of Bohemian Crystal produced in the Czech Republic.  Since the reorganization of the Company, they have changed their primary purpose.  The Company is now primarily engaged in the acquisition and exploration of mining properties.

The Company has been in the exploration stage since the reorganization and has not yet realized any revenues from its planned operations.  Upon the location of commercially mineable reserves, the Company plans to prepare for mineral extraction and enter the development stage.

**Basis of presentation –**Our accounting and reporting policies conform to U.S. generally accepted accounting principles applicable to exploration stage enterprises.  Changes in classification of 2011 amounts have been made to conform to current presentations. 

**Use of estimates -**The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.  

**Cash and cash equivalents -**For purposes of the statement of cash flows, we consider all cash in banks, money market funds, and certificates of deposit with a maturity of less than three months to be cash equivalents. 

**Property and Equipment** – The Company values its investment in property and equipment at cost less accumulated depreciation.  Depreciation is computed primarily by the straight line method over the estimated useful lives of the assets ranging from three to five years.

**Mineral Property Acquisition and Exploration Costs –**The company expenses all costs related to the exploration of mineral properties in which it has secured exploration rights prior to establishment of proven and probable reserves.

7

**Fair value of financial instruments and derivative financial instruments** –The carrying amounts of cash, accounts payable, accrued expenses, and other current liabilities approximate fair value because of the short maturity of these items. These fair value estimates are subjective in nature and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates.  We do not hold or issue financial instruments for trading purposes, nor do we utilize derivative instruments in the management of foreign exchange, commodity price or interest rate market risks.  

**Federal income taxes** - Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with Accounting Standards Codification regarding *Accounting for Income Taxes*, which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carryforwards.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Deferred taxes are provided for the estimated future tax effects attributable to temporary differences and carryforwards when realization is more likely than not. 

**Net income per share of common stock** – We have adopted Accounting Standards Codification regarding *Earnings per Share*, which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation.  In the accompanying financial statements, basic earnings per share of common stock is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period.  During the periods presented all instruments convertible to common stock are anti-dilutive.  We do not have a complex capital structure requiring the computation of diluted earnings per share.  Additionally, since the Company has a loss fully dilutive reporting of share is not required.

**Note 2 - Uncertainty, going concern:**

At August 31, 2012, we were engaged in a business and had suffered losses from exploration stage activities to date. In addition, we have minimal operating funds. Although management is currently attempting to identify business opportunities and is seeking additional sources of equity or debt financing, there is no assurance these activities will be successful. Accordingly, we must rely on our officers to perform essential functions without compensation until a business operation can be commenced.  

8

These factors raise doubt about the ability of the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. 

**Note 3 - Federal income tax:**

We follow Accounting Standards Codification regarding *Accounting for Income Taxes*. Deferred income taxes reflect the net effect of (a) temporary difference between carrying amounts of assets and liabilities for financial purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carryforwards. No net provision for refundable Federal income tax has been made in the accompanying statement of loss because no recoverable taxes were paid previously. Similarly, no deferred tax asset attributable to the net operating loss carryforward has been recognized, as it is not deemed likely to be realized. 

The provision for refundable Federal income tax consists of the following: 

**2011**

**     2012**

Refundable Federal income tax attributable to: 

Current operations 

        $(136)

$(15,788) 

Less, Nondeductible expenses

-0-

        -0-

-Less, Change in valuation allowance 

           136

   15,778  

Net refundable amount 

   -

                        -

The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows: 

**   2011**

**      2012**

Deferred tax asset attributable to: 

Net operating loss carryover

 

$ 136

 

   $15,924

Less, Valuation allowance 

 

 ( 136)

  

    (15,924)

 Net deferred tax asset

     - 

-

At May 31, 2012, an unused net operating loss carryover approximating $46,835 is available to offset future taxable income; it expires beginning in 2031.  

**Note 4 – Cumulative sales of stock:**

Since its inception, we have issued shares of common stock as follows: 

On May 27, 2011, the Company issued 3,000,000 shares of common stock at a price of $0.001 per share for total cash proceeds of $3,000.

9

During February 2012, the Company issued 540,000 shares of common stock at a price of $0.04 per share and received proceeds in the amount of $21,600.

On May 15, 2012, the Company issued 2,207,508 shares of common at a price $0.12 per share for $264,867 in cash.  The Company has received these funds but has not issued the shares.  This is recorded as a stock subscription until issued.     

The Company authorized but has not issued 2,500,000 shares of stock for the purchase of Aslanay Madencilik Sanayi Ve Ticaret Limited Sirketi, (translated -Aslanay Mining Trade and Ind. Limited Co.).  These shares are recorded as a stock subscription until issued.  The value of these shares is the net asset value of Aslanay Mining Trade and Ind. Limited Co at July 31, 2012 in the amount of $377,115.

**Note 5 – Related Party Transactions:**

During 2011, a Director of the Company loaned the Company an amount equal to $500.  The loan carries no stated interest and due on demand.

During 2012, a Director of the Company loaned the Company an amount equal to $5,060.  The loan carries no stated interest and due on demand.

In May 2012, a payment of $5,000 was applied to this account.  The balance at August 31, 2012 was $560.

**Note 6 – Change in Control:**

On March 26, 2012, a change of control of the registrant was made when Emine Ozer acquired 2,856,312 common shares from selling shareholders that represented 80.69% of the issued and outstanding common shares.

Subsequently, based on the issuances of these shares Mr. Aslan Ozer became the majority shareholder of the registrant, owning 57.085 of the issued and outstanding common shares,

Effective April 1, 2012, Vladimir Bibik, the sole officer and director of the registrant appointed Donald L. Perks as president, chief executive officer, chief financial officer and director and thereafter resigned due to the change of control.

Donald L. Perks was the founder, officer and director of Canada Pay Phone, a telecommunications company, from 1994 to 2001.  Mr. Perks was an officer and director of Global Immune Technologies Inc., a natural resource exploration company, from 2003 through February 2012.  

10

**Note 7 – Business Combination:**

On July 31, 2012, the Company acquired all of the member interests of Aslanay Madencilik Sanayi Ve Ticaret Limited Sirketi, (translated -Aslanay Mining Trade and Ind. Limited Co.) a Turkish enterprise, from Aslan Ozer, its sole member, for 2,500,000 common shares of the Company. The purchase is being accounted for as an acquisition as required by SFAS No. 141.  The purchase is being reported and operating as a wholly owned subsidiary of the parent company.

Following is the proforma balance sheet and income statement as of the acquisition date, July 31, 2012:

11

12

13

**Note 8 - Supplemental information – consolidated statements**

14

**Note 9 - New accounting pronouncements:**

Recent Accounting Pronouncements

In December 2010, the FASB issued updated guidance on when and how to perform certain steps of the periodic goodwill impairment test for public entities that may have reporting units with zero or negative carrying amounts. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2010, with early adoption prohibited.  The adoption of this standard update did not impact the Company’s consolidated financial statements.

 

In May 2011, the FASB issued guidance to amend certain measurement and disclosure requirements related to fair value measurements to improve consistency with international reporting standards. This guidance is effective prospectively for public entities for interim and annual reporting periods beginning after December 15, 2011, with early adoption by public entities prohibited. The Company is currently evaluating this guidance, but does not expect its adoption will have a material effect on its consolidated financial statements.

15

In June 2011, the FASB issued new guidance on the presentation of comprehensive income that will require a company to present components of net income and other comprehensive income in one continuous statement or in two separate, but consecutive statements. There are no changes to the components that are recognized in net income or other comprehensive income under current GAAP. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2011, with early adoption permitted.  The Company is currently evaluating this guidance, but does not expect its adoption will have a material effect on its consolidated financial statements.

16

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

Trends and Uncertainties.  Demand for the registrant's products are dependent on general economic conditions, which are cyclical in nature.  Because a major portion of our activities are the receipt of revenues from our mining operations in the future, our business operations may be adversely affected by competitors and prolonged recessionary periods.  

There are no other known trends, events or uncertainties that have, or are reasonably likely to have, a material impact on our short term or long term liquidity.  Sources of liquidity will come from the sale of our products and services, as well as the private sale of our stock.  There are no material commitments for capital expenditure at this time.  There are no trends, events or uncertainties that have had or are reasonably expected to have a material impact on the net sales or revenues or income from continuing operations.  There are no significant elements of income or loss that do not arise from the registrant’s continuing operations.  There are no other known causes for any material changes from period to period in one or more line items of our financial statements.  

Capital and Source of Liquidity.   For the three months ended August 31, 2012, we purchased fixed assets of $276,740 resulting in net cash flows from investing activities of $276,740.  

For the three months ended August 31, 2011, we did not pursue any investing activities.

For the period from Inception (April 22, 2011) through August 31, 2012, we purchased fixed assets of $276,740, resulting in net cash flows from investing activities of $276,740.

For the three months ended August 31, 2012, we received stock subscriptions of $377,193 and made payments of advances of $5,000.  As a result, we had net cash flows from financing activities of $372,193 for the three months ended August 31, 2012.

For the three months ended August 31, 2011, we received proceeds from the sale of common stock of $3,000 and received advances from shareholder of $500.  As a result, we had net cash flows from financing activities of $3,500 for the three months ended August 31, 2011.

For the period from inception (April 22, 2011) through August 31, 2012, we received proceeds from the sale of common stock of $24,600.  We received $641,982 from stock subscriptions, and received advances from shareholder of $560.  As a result, we had net 

17

cash flows from financing activities of $667,142 for the period from inception (April 22, 2011) through August 31, 2012.

Our long-term liquidity is dependent on the continuation of operations and receipt of revenues.

Results of Operations.   For the three months ended August 31, 2012, we did not receive any revenues.   For the three months ended August 31, 2012, we had general and administrative expenses of $273,269.  These expenses consisted primarily of exploration costs of $123,533, legal and professional fees of $53,866, office costs of $49,747, contract labor costs of $43,823 and other general and administrative expenses of $2,300.

For the three months ended August 31, 2011, we did not receive any revenues.   For the three months ended August 31, 2011, we had general and administrative expenses of $2,538.  These expenses consisted primarily of other general and administrative expenses of $2,538.

For the period from inception (April 22, 2011) through August 31, 2012, we did not receive any revenues.  We had general and administrative expenses of $320,104.  These expenses consisted primarily of exploration costs of $123,533, legal and professional fees of $98,163, office costs of $49,747, contract labor of $43,823, and other general and administrative costs of $320,104.

Plan of Operation.  The registrant may experience problems, delays, expenses and difficulties, many of which are beyond the registrant’s control.  These include, but are not limited to, unanticipated problems relating to additional costs and expenses that may exceed current estimates and competition.

Critical Accounting Policies

The following accounting policies are considered critical by our management.  These and other accounting policies require that estimates be made based on assumptions and judgment, which affect revenues, expenses, assets, liabilities and disclosure of contingencies in our financial statements.  These estimates and assumptions are based on historical experience and on various other factors that are believed to be reasonable under the circumstances.  However, actual results may differ from these estimates under different and/or future circumstances.

Revenue Recognition

In general, we record revenue when persuasive evidence of an arrangement exists, services have been rendered or product delivery has occurred, and collectability is 

18

reasonably assured.  The following policies reflect specific criteria for the various revenue streams of the Company:

Revenue is recognized at the time the product is delivered or the service is performed.

Property and Equipment

Property and equipment are recorded at cost and are depreciated based upon estimated useful lives using the straight-line method. Estimated useful lives range from three to ten years.  At August 31, 2012, we believe the remaining carrying values of these assets are recoverable.

Stock-Based Compensation

We record stock based compensation in accordance with FASB ASC 718, Stock Compensation.   ASC 718 requires that the cost resulting from all share-based transactions be recorded in the financial statements and establishes fair value as the measurement objective in accounting for share-based payment arrangements and requires all entities to apply a fair-value-based measurement in accounting for share-based payment transactions with employees. The Statement also establishes fair value as the measurement objective for transactions in which an entity acquires goods or services from non-employees in share-based payment transactions.

Recent Pronouncements

We have determined that all recently issued accounting standards will not have a material impact on our financial statements, or do not apply to our operations.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk

Not applicable for smaller reporting companies.

Item 4.  Controls and Procedures

During the period ended August 31, 2012, there were no changes in our internal controls over financial reporting (as defined in Rule 13a-15(f) and 15d-15(f) under the Exchange Act) that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

19

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including our chief executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended, as of August 31, 2012.  Based on this evaluation, our chief executive officer and principal financial officers have concluded such controls and procedures to be effective as of August 31, 2012 to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms and to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

20

PART II. OTHER INFORMATION

Item 1.   Legal Proceedings

None

Item 1A.  Risk Factors  

Not applicable for smaller reporting companies

Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds

None

Item 3.   Defaults Upon Senior Securities.

None

Item 4.   Mine Safety Disclosures

Not Applicable

Item 5.   Other Information

None

Item 6.   Exhibits

Exhibit 31* - Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

Exhibit 32* - Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

101.INS**    XBRL Instance Document

101.SCH**   XBRL Taxonomy Extension Schema Document

101.CAL**   XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF**   XBRL Taxonomy Extension Definition Linkbase Document

101.LAB**   XBRL Taxonomy Extension Label Linkbase Document

101.PRE**    XBRL Taxonomy Extension Presentation Linkbase Document

*  Filed herewith

**XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

21

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

RAINBOW INTERNATIONAL, CORP.

Dated: October 22, 2012

By: /s/ Donald Perks

 

Donald Perks, President and Chief Executive Officer and Chief Financial Officer

22 |
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