SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:

								Significant Other
				Quoted Prices in		Significant Other		Unobservable
		December 31,		Active Markets		Observable		Inputs
Description	2013		(Level 1)		Inputs (Level 2)		(Level 3)
Assets:
Cash equivalents held in Trust Account	$	72,810,956	$	72,810,956	$	-	$	-