SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2015

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 include situations where there is little, if any, market activity for the asset or liability:

							Significant Other
			Quoted Prices in		Significant Other		Unobservable
	September 30,		Active Markets		Observable		Inputs
Description	2015		(Level 1)		Inputs (Level 2)		(Level 3)
Assets:
Cash held in Trust Account	$	63,913,876	$	63,913,876	$	-	$	-

							Significant Other
			Quoted Prices in		Significant Other		Unobservable
			Active Markets		Observable		Inputs
Description	December 31, 2014		(Level 1)		Inputs (Level 2)		(Level 3)
Assets:
Cash held in Trust Account	$	3,563	$	3,563	$	-	$	-
Cash equivalents held in Trust Account: U.S. Government Treasury Bills	$	72,830,252	$	72,830,252	$	-	$	-

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The reconciliation of the U.S. federal statutory income tax rate to the Company's effective tax rate for the three and nine months ended September 30, 2015 was as follows:

U.S. federal statutory income tax rate	35	%
Increase (decrease) in tax rate resulting from:
State and local income taxes net of federal benefit	3.9	%
Change in Valuation Allowance	(38.9)	%
Effective tax rate	0	%