v2.4.0.6
Statement of Cash Flows (USD $)
 3 Months Ended 9 Months Ended 15 Months Ended
Nov. 30, 2011
Nov. 30, 2012
Nov. 30, 2012
Cash Flow From Operating Activities      
Net loss $ (4,331) $ (297,839) $ (315,166)
Changes in operating assets and liabilities:      
Accrued interest 0 (22,027) (22,027)
Accounts payable 4,242 (13,223) 38,840
Net cash used in operating activities (89) (333,089) (298,353)
Cash Flow from Investing Activities      
Investment in cash and cash equivalents held in trust 0 (42,740,000) (42,740,000)
Net cash used in investing activities 0 (42,740,000) (42,740,000)
Cash Flow From Financing Activities      
Proceeds from sale of ordinary shares to initial shareholders 25,000 0 25,000
Proceeds from Public Offering, net of offering costs of $1,449,055 and $1,557,777, respectively 0 38,550,945 38,442,223
Payment of offering costs (64,849) 0 0
Proceeds from Warrant Offering 0 2,400,000 2,400,000
Proceeds from Underwriters Options 0 500,100 500,100
Proceeds from Over Allotment, net of offering costs of $60,000 0 1,940,000 1,940,000
Proceeds from note payable to shareholder 52,000 0 52,000
Repayment of advances from shareholder 0 (71,250) (71,250)
Repayment of note payable to shareholder 0 (100,000) (100,000)
Net cash provided (used) by financing activities 12,151 43,219,795 43,188,073
Net increase in cash and cash equivalents 12,062 146,706 149,720
Cash and cash equivalents, beginning of period 0 3,014 0
Cash and cash equivalents, ending of period 12,062 149,720 149,720
Non cash financing activity      
Payment of offering costs by shareholder $ 48,000 $ 71,250 $ 119,250