Atlantica is a public shell company with no operations, no employees, no revenue, and no products or services. The company's sole purpose is to serve as a vehicle for a reverse merger — a transaction in which a private company acquires control of Atlantica to gain a public listing without going through a traditional IPO. In a typical reverse merger, the target company's shareholders would take control of 95% or more of Atlantica's common stock. Atlantica has had no material business activity since 1997 and funds its minimal operations through share issuances. Atlantica has a management services agreement with Richland, Gordon & Company, under which fees may become payable in connection with future financings or business combinations.