STATEMENT OF CASH FLOWS (USD $)	12 Months Ended		24 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012
Cash Flows from Operating Activities
Net Loss	$ (2,583,950)	$ (115,564)	$ (2,699,514)
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in fair value of warrant liability	2,253,333	0	2,253,333
Changes in operating assets and liabilities:
Increase in interest receivable	(1,653)	(129)	(1,782)
Increase in interest earned on investments held in trust, net of $15,735 in 2012 withdrawn from trust account	(86)	0	(86)
Increase in receivables due from underwriters	0	(3,554)	(3,554)
Decrease (increase) in prepaid expenses	33,583	(38,540)	(4,957)
Increase in accounts payable and accrued expenses	175,291	108,321	283,612
Net cash used in operating activities	(123,482)	(49,466)	(172,948)
Cash Flows from Investing Activities
Investments held in trust	0	(20,600,000)	(20,600,000)
Cash Flows from Financing Activities
Proceeds from note payable, stockholder	0	160,500	160,500
Repayment of note payable, stockholder	0	(160,500)	(160,500)
Proceeds from note payable, related party	0	50,000	50,000
Repayment of note payable, related party	0	(50,000)	(50,000)
Proceeds from issuance of stock to initial stockholder	0	25,000	25,000
Proceeds from public offering	0	20,000,000	20,000,000
Proceeds from issuance of warrants	0	1,750,000	1,750,000
Proceeds from underwriters unit purchase option	0	100	100
Payment of offering costs	(27,965)	(969,151)	(997,116)
Net cash (used in) provided by financing activities	(27,965)	20,805,949	20,777,984
Net (decrease) increase in cash	(151,447)	156,483	5,036
Cash at beginning of the period	156,483	0	0
Cash at the end of the period	5,036	156,483	5,036
Supplemental Disclosure of Non-Cash Financing Activities:
Deferred underwriter's compensation	0	400,000	400,000
Deferred legal fees related to the offering	0	100,000	100,000
Accrual of offering costs	$ 0	$ 56,758	$ 28,792