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STATEMENTS OF EXPENSES (Unaudited) (USD $)
3 Months Ended 6 Months Ended 74 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Brokerage and Fee Income $ 116,531   $ 139,281   $ 143,211
Operating Expenses:          
General & Administrative 23,058 216,397 29,988 358,441 1,693,329
Impairment of deferred transaction costs         1,844,724
Operating gain or loss 93,473 (216,397) 109,293 (358,441) (3,394,842)
Other income (expense):          
Interest income   192 21 335 5,663,916
Interest Expense         (77,471)
Gain/(loss) on settlement of debt 13   (12,300)   657,356
Gain/(loss) on derivative liabilities         203,596
Gain/(loss) on write-off related party (5,917)        
Extinguishment of Debt         (928,182)
Total Other income (5,904) 192 (12,279) 335 5,519,215
Net income (loss) 87,569 (216,205) 97,014 (358,106) 2,124,373
Income tax expense (benefit)         (5,692)
Distribution in trust fund earnings         (4,756,500)
Net income (loss) $ 87,569 $ (216,205) $ 97,014 $ (358,106) $ (2,637,819)
Earnings (loss) per common share Basic & Diluted (in Dollars per share) $ 0.02 $ (0.06) $ 0.03 $ (0.10)  
Weighted average number of common shares outstanding Basic & Diluted (in Shares) 3,830,000 3,732,496 3,812,000 3,732,496