FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Assets and Liabilities Measured On Recurring Basis, Valuation Techniques [Table Text Block]

 

Description   Fair Value     Quoted Prices
In
Active
Markets
(Level 1)		     Significant
Other
Observable
Inputs
(Level 2)		     Significant
Other
Unobservable
Inputs
(Level 3)		  
Assets:                                
U.S. Treasury Securities held in Trust Account:
June 30, 2012		   $ 80,021,900     $ 80,021,900       —       —  
December 31, 2011     80,041,697       80,041,697       —       —