Annual report pursuant to section 13 and 15(d)

Statement of Shareholders' Equity

v2.4.0.6
Statement of Shareholders' Equity (USD $)
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Total
Ordinary shares issued at inception at Jan. 17, 2010 $ 1,955 $ 23,045 $ 0 $ 25,000
Ordinary shares issued at inception (in shares) at Jan. 17, 2010 1,955,000      
Interest on shareholder loan 0 19,900 0 19,900
Net loss as restated 0 0 (23,409) (23,409)
Balance as restated at Dec. 31, 2010 1,955 42,945 (23,409) 21,491
Balance as restated (in shares) at Dec. 31, 2010 1,955,000      
Forfeiture of Initial Shareholders' shares (518) 518 0 0
Forfeiture of Initial Shareholders' shares (in shares) (517,500)      
Proceeds from initial public offering net of offering costs and underwriter discounts of $4,073,359 5,000 44,233,974 0 44,238,974
Proceeds from initial public offering net of offering costs and underwriter discounts of $4,073,359 (in shares) 5,000,000      
Proceeds subject to maximum conversion of 3,904,037 shares (3,902) (39,231,668) 0 (39,235,570)
Decrease of 10,680 shares subject to possible conversion at December 31, 2011 11 107,321 0 107,332
Forfeiture of 187,500 Initial Shareholders' shares due to expiration of underwriters' over-allotment option (188) 188 0 0
Forfeiture of 187,500 Initial Shareholders' shares due to expiration of underwriters' over-allotment option (in shares) (187,500)      
Net loss as restated 0 0 (132,226) (132,226)
Balance as restated at Dec. 31, 2011 $ 2,359 $ 5,153,277 $ (155,635) $ 5,000,001
Balance as restated (in shares) at Dec. 31, 2011 6,250,000