|
BALANCE SHEET (USD $)
|
Dec. 31, 2011
|
|---|---|
| Current Assets: | |
| Cash | $ 348,373 |
| Prepaid Expense | 18,622 |
| Total Current Assets | 366,995 |
| Noncurrent Assets: | |
| Investments Held in Trust | 80,037,977 |
| Total Assets | 80,404,972 |
| Current Liabilities: | |
| Accrued Expenses | 176,285 |
| Other Liabilities: | |
| Deferred Underwriter's Fee | 2,000,000 |
| Total Liabilities | 2,176,285 |
| Commitments and Contingencies | |
| Common Stock, subject to possible redemption: 7,322,869 shares (at redemption value) | 73,228,686 |
| Stockholders' Equity | |
| Common Stock, $.0001 par value, 250,000,000 shares authorized; 9,523,810 shares issued and outstanding (including 7,322,869 subject to possible redemption) | 952 |
| Additional Paid-in Capital | 5,361,554 |
| Deficit Accumulated during Development Stage | (362,505) |
| Total Stockholders' Equity | 5,000,001 |
| Total Liabilities and Stockholders' Equity | $ 80,404,972 |