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Statement of Cash Flows
8 Months Ended
Dec. 31, 2015
USD ($)
Cash flows from operating activities:  
Net loss $ (126,000)
Adjustments to reconcile net loss to net cash used in operating activities:  
Contribution from Sponsor for unreimbursed organizational expenses 61,000
Changes in operating assets and liabilities  
Due to related parties 32,000
Accounts payable 6,000
Prepaid expenses (180,000)
Net cash used in operating activities (207,000)
Cash flows from financing activities:  
Proceeds from note payable 151,000
Payments on note payable (45,000)
Proceeds from issuance of common stock 2,169,000
Proceeds from issuance of common stock - Sponsor 200,000
Net cash provided by financing activities 2,475,000
Net change in cash $ 2,268,000
Cash, beginning of period
Cash, end of period $ 2,268,000
Supplemental schedule of non-cash financing activities:  
Contribution from Sponsor for unreimbursed expenditures $ 1,147,000