SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

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

The following tables present information about the Company’s assets that are measured at fair value on a recurring basis as of September 30, 2014 and December 31, 2013, and indicate the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability:

							Significant Other
			Quoted Prices in		Significant Other		Unobservable
	September		Active Markets		Observable		Inputs
Description	30, 2014		(Level 1)		Inputs (Level 2)		(Level 3)
Assets:
Cash equivalents held in Trust Account:
U.S. Government Treasury Bills	$	72,800,690	$	72,800,690	$	-	$	-

							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:
U.S. Government Treasury Bills	$	72,780,878	$	72,780,878	$	-	$	-