STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended		74 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ 97,014	$ (358,106)	$ (2,637,819)
Shares issued for services	40,750		55,900
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Investment income			(5,663,530)
Gain/ (loss) on derivative liability			(203,596)
Gain/(loss) on settlement of debt			(6,937)
Gain/(loss) on settlement of interest expense			(711,441)
Impairment of deferred transaction costs			1,828,626
Loss on extinguishment of debt			928,182
Change in:
Other current assets and prepaid expenses	1,090	(8,069)	(5,307)
Option Payment Deposit		(50,000)
Accounts payable and accrued expenses	(30,942)	5,942	781,539
Due to related party	(13,295)		54,414
Net cash provided by (used in) operating activities	94,617	(410,233)	(5,579,969)
CASH FLOWS FROM INVESTING ACTIVITIES
Loans made to buyers	(24,589)		(24,589)
Deferred transaction costs			(1,828,626)
Payment to trust account			(76,532,404)
Disbursements from trust account			82,195,934
Net cash provided by investing activities	(24,589)		3,810,315
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of stock		38,295	79,544
Contributed Capital		482,500	611,615
Proceeds from advances from stockholders			1,270,282
Gross proceeds from public offering			79,350,000
Gross proceeds from private placement			2,000,004
Proceeds from sale of underwriter options			100
Payments on advances from stockholders			(329,000)
Cash paid for offering costs			(4,743,110)
Special dividend payment			(81,190,596)
Adjustment to retained earnings			4,756,499
Proceeds from convertible debt			36,257
Net cash provided by (used in) financing activities		520,795	1,841,595
Net change in cash	70,028	110,562	71,941
Cash at beginning of period	1,913	10
Cash at end of period	71,941	110,572	71,941
Supplemental disclosures:
Cash paid for interest	0	0	0
Cash paid for income taxes			7,228
Non-cash transactions:
Conversion of Shareholder Advances to Notes			928,182
Conversion of Notes to common stock			$ 977,539