Annual report pursuant to Section 13 and 15(d)

Stockholder's Equity

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Stockholder's Equity
12 Months Ended
Dec. 31, 2012
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
10.   Stockholder’s Equity

 

Common Stock — The authorized common stock of the Company as of December 31, 2012 and 2011, includes up to 400,000,000 shares. Holders of the Company’s common stock are entitled to one vote for each share of common stock. At December 31, 2012 and 2011, there were 23,161,585 shares of common stock outstanding, which includes common stock subject to redemption.

 

Preferred Shares — The Company is authorized to issue 1,000,000 preferred shares with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At December 31, 2012 and 2011, there were no shares of preferred stock outstanding.