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CONDENSED STATEMENTS OF OPERATIONS (USD $)
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3 Months Ended | 86 Months Ended | |
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Mar. 31, 2013
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Mar. 31, 2012
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Mar. 31, 2013
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| CONDENSED STATEMENTS OF OPERATIONS [Abstract] | |||
| REVENUE | |||
| OPERATING EXPENSES: | |||
| General and administrative expenses and taxes | 112,000 | 56,000 | 927,000 |
| LOSS FROM OPERATIONS | (112,000) | (56,000) | (927,000) |
| OTHER INCOME (EXPENSE) | |||
| Interest income - Trust | 6,000 | 1,000 | 36,000 |
| Interest expense - related party | (11,000) | ||
| TOTAL OTHER INCOME (EXPENSE) | 6,000 | 1,000 | 25,000 |
| NET LOSS | $ (106,000) | $ (55,000) | $ (902,000) |
| BASIC AND DILUTED NET LOSS PER SHARE | $ (0.01) | $ 0.00 | $ (0.10) |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED | 12,500,000 | 12,500,000 | 9,052,000 |
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of interest expense incurred during the period on a debt or other obligation to a related party. No definition available.
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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