Quarterly report pursuant to sections 13 or 15(d)

Condensed Statements of Operations

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Condensed Statements of Operations (USD $)
3 Months Ended 26 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Formation and operating costs $ (130,682) $ (8,631) $ (452,005)
Loss on change in fair value of warrant liability (448,333) 0 (269,000)
Interest income 3,360 0 8,937
Interest expense 0 (3,317) (19,900)
Other income 429 0 1,107
Net loss $ (575,226) $ (11,948) $ (730,861)
Weighted average shares outstanding (in shares) 6,250,000 1,878,333  
Basic and diluted net loss per share (in dollars per share) $ (0.09) $ (0.01)