Exhibit 3

JOINT FILING AGREEMENT

     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock of Pantheon China Acquisition Corp. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 15^th day of December, 2008.

VICTORY PARK CAPITAL ADVISORS, LLC
	By:	Jacob Capital, L.L.C., its Manager
	By:	/s/ Richard Levy
		Name: Richard Levy
		Title: Sole Member
VICTORY PARK SPECIAL SITUATIONS MASTER FUND, LTD.
	By:	/s/ Richard Levy
		Name: Richard Levy
		Title: Attorney-in-Fact
VICTORY PARK CREDIT OPPORTUNITIES MASTER FUND, LTD.
	By:	/s/ Richard Levy
		Name: Richard Levy
		Title: Attorney-in-Fact
JACOB CAPITAL, L.L.C.
	By:	/s/ Richard Levy
		Name: Richard Levy
		Title: Sole Member
RICHARD LEVY
	/s/	Richard Levy
		Richard Levy