Romana Food Brands Corp (RFBC)

[Triforce]

"In a reverse merger, an active private company takes control and merges with a dormant public company. These dormant public companies are called "shell corporations" because they rarely have assets ornet worth aside from the fact that they previously had gone through an IPO or alternative filing process.

It can take a company from a matter of weeks to four months to complete a reverse merger. By contrast, the IPO process can take from six to 12 months and cost significantly more. The expediency and lower cost of the reverse merger process is beneficial to smaller companies in need of quick capital. Additionally, reverse mergers allow owners of private companies to retain greater ownership and control over the new company, which is a huge benefit to owners looking to raise capital without giving their companies away."

http://www.investopedia.com/ask/answers/08/reverse-merger-ipo.asp

"The company is also expected to appoint a US based Securities Counsel for the purposes of filing the Form S-1 with the SEC in the coming weeks."

https://globenewswire.com/news-release/2017/07/27/1063591/0/en/TC-S-Energy-Announces-the-Signing-of-the-Financing-Prelisting-Term-Sheet-With-Milost-Global-Inc.html