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CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash $ 519,136 $ 410,261
Prepaid insurance 48,224 44,884
Total current assets 567,360 455,145
Cash and investments held in Trust Account 72,835,221 72,833,815
Total assets 73,402,581 73,288,960
Current liabilities:    
Accounts payable and accrued expenses 1,717,327 257,575
Convertible promissory note to affiliate 2,607,053 1,263,263
Due to affiliate 356,421 248,536
Total current liabilities 4,680,801 1,769,374
Deferred underwriters' fees 1,897,500 1,897,500
Total liabilities 6,578,301 3,666,874
Common stock subject to possible redemption: 5,860,120 shares (at redemption value) at June 30, 2015 (6,125,315 shares at December 31, 2014) 61,824,279 64,622,085
Stockholders' equity    
Common stock, $.0001 par value, 100,000,000 shares authorized; Common stock, $.0001 par value, 100,000,000 shares authorized;3,764,605 and 3,499,410 shares issued and outstanding (excluding 5,860,120 and 6,125,315 shares subject to possible redemption) at June 30, 2015 and December 31, 2014, respectively 376 350
Additional paid-in capital 10,005,203 7,207,424
Accumulated deficit (5,005,578) (2,207,773)
Total stockholders’ equity 5,000,001 5,000,001
Total liabilities and stockholders’ equity $ 73,402,581 $ 73,288,960