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NOTE 2 - GOING CONCERN AND LIQUIDATION OF TRUST ACCOUNT
6 Months Ended
Jun. 30, 2011
Liquidity Disclosure [Policy Text Block]
NOTE 2 - GOING CONCERN AND LIQUIDATION OF TRUST ACCOUNT

As shown in the accompanying financial statements, the Company has an accumulated deficit and working capital deficit as of June 30, 2011. These conditions raise substantial doubt as to its ability to continue as a going concern.

The Company currently does not have any other binding commitments for, or readily available sources of, additional financing.

Management believes that, if the Company’s operations progress as planned, the Company will have positive cash flow to partially finance its business.  Management believes it has established relationships with lenders to shorten the time period for future loan approvals. Moreover, management believes that, if sales of properties result in sufficient positive cash flow, equity capital should be available.  To conserve the Company's capital requirements, the Company may issue shares of its common stock to pay certain expenses.