Rainbow Coral Corp. is a consumer products company, which is engaged in development and growth of coral farm facility to develop and grow coral, independent of oceans, as a future farm reserve. The Company operates through two segments: aquarium and aquarium supplies, and medical technology. It operates its retail fish store and coral farm facility at Venice, Florida. The medical technology segment is in the development stage. It operates a retail fish store and coral farm facility. It also plans to develop a larger scale coral farm facility in order to grow, harvest and distribute a range of hard and soft captive-bred coral sizes for use by retail consumers and bio-researchers. Its subsidiary, Father Fish Aquarium, Inc. (Father Fish), is a retail tropical fish store that raises a range of ornamental animals. Its division, Rainbow Biosciences, LLC, is focused on identifying, developing and marketing the bioscience solutions for physicians, researchers and pharmaceutical engineers.