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SUBSEQUENT EVENTS
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6 Months Ended |
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Jun. 30, 2011
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| SUBSEQUENT EVENTS |
NOTE 5 -SUBSEQUENT
EVENTS:
On
July 27, 2011, the Company amended the loan payable agreement for
approximately $120,000 that it had previously issued to BCM on May
27, 2011. The amendment to the loan payable agreement amends the
waiver of BCM contained in the loan payable agreement to the effect
that BCM waives any and all rights to the trust account that will
hold the proceeds of the IPO and the proceeds of the sale of the
securities issued in a private placement to be consummated
concurrently with the completion of the initial business
combination of the Company. Except as modified by the amendment,
the loan payable agreement will continue in full force and
effect.
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