0001144204-12-029113.txt : 20120515 0001144204-12-029113.hdr.sgml : 20120515 20120515111345 ACCESSION NUMBER: 0001144204-12-029113 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZETA ACQUISITION CORP III CENTRAL INDEX KEY: 0001422143 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 611547851 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-53058 FILM NUMBER: 12842076 BUSINESS ADDRESS: STREET 1: EQUITY DYNAMICS INC STREET 2: 666 WALNUT STREET STE 2116 CITY: DES MOINES STATE: IA ZIP: 50309 BUSINESS PHONE: 515 244 5746 MAIL ADDRESS: STREET 1: EQUITY DYNAMICS INC STREET 2: 666 WALNUT STREET STE 2116 CITY: DES MOINES STATE: IA ZIP: 50309 10-Q 1 v311313_10q.htm FORM 10-Q

FORM 10-Q

 

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended March 31, 2012

 

OR

 

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from ________ to ________

 

Commission file number 000-53058

 

Zeta Acquisition Corp. III

(Exact name of registrant as specified in its charter)

 

Delaware   61-1547851
(State or other jurisdiction   (I.R.S. Employer Identification Number)
of incorporation or organization)    

 

c/o Equity Dynamics Inc., 666 Walnut Street, Suite 2116, Des Moines, Iowa 50309  

(Address of principal executive offices)

 

(515) 244-5746

(Registrant’s telephone number, including area code)

 

No change

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).          Yes x   No ¨

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

  Large accelerated filer ¨  Accelerated filer ¨
  Non-accelerated filer ¨  Smaller reporting company  x.
  (Do not check if a smaller reporting company)    

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x No ¨

 

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING

THE PRECEDING FIVE YEARS:

 

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes ¨ No ¨.

 

APPLICABLE ONLY TO CORPORATE ISSUERS:

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 5,000,000 shares of common stock, par value $.0001 per share, outstanding as of May 15, 2012.

 

 
 

 

ZETA ACQUISITION CORP. III

 

- INDEX -

 

    Page  
PART I – FINANCIAL INFORMATION:    
       
Item 1. Financial Statements (unaudited):    
       
  Condensed Balance Sheets as of March 31, 2012 and December 31, 2011 1  
       
  Condensed Statements of Operations for the Three Months Ended March 31, 2012 and 2011 and for the Cumulative Period from November 16, 2007 (Inception) to  March 31, 2012 2  
       
  Condensed Statements of Cash Flows for the Three Months Ended March 31, 2012 and 2011 and for the Cumulative Period from November 16, 2007 (Inception) through March 31, 2012 3  
       
  Notes to Condensed Financial Statements 4  
       
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations  7  
       
Item 3. Quantitative and Qualitative Disclosures About Market Risk 10  
       
Item 4. Controls and Procedures 10  
       
PART II – OTHER INFORMATION:    
       
Item 1. Legal Proceedings 10  
       
Item 1A.  Risk Factors 10  
       
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 10  
       
Item 3. Defaults Upon Senior Securities 11  
       
Item 4. Mine Safety Disclosures 11  
       
Item 5. Other Information 11  
       
Item 6. Exhibits 11  
       
Signatures 12  

 

 
 

 

ZETA ACQUISITION CORP. III

(A Development Stage Company)

 

Condensed Balance Sheets

 

   March 31,   December 31, 
   2012   2011 
   (Unaudited)     
Assets          
Current assets:          
Cash and cash equivalents  $23,743   $4,220 
Prepaid expenses   625    2,500 
Total assets  $24,368   $6,720 
           
Liabilities and stockholders' deficit          
Current liabilities:          
Accounts payable  $3,816   $2,927 
Accrued interest   7,455    6,324 
Accrued expenses   1,500    5,500 
Notes payable, stockholders   85,000    60,000 
Total liabilities   97,771    74,751 
           
Stockholders' deficit          
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding   -    - 
Common stock, $0.0001 par value; 100,000,000 shares authorized; 5,000,000 shares issued and outstanding   500    500 
Additional paid-in capital   49,500    49,500 
Deficit accumulated during the development stage   (123,403)   (118,031)
Total stockholders' deficit   (73,403)   (68,031)
Total liabilities and stockholders' deficit  $24,368   $6,720 

 

See accompanying notes.

 

1
 

 

ZETA ACQUISITION CORP. III

(A Development Stage Company)

 

Condensed Statements of Operations

(Unaudited)

 

           Cumulative 
           Period From 
   Three Months Ended   November 16, 2007 
   March 31,   (Inception) Through 
   2012   2011   March 31, 2012 
Operating expenses:               
Formation costs  $ -   $ -  $15,643 
General and administrative   4,241    4,266    100,305 
Operating loss   (4,241)   (4,266)   (115,948)
                
Interest expense   1,131    888    7,455 
Net loss  $(5,372)  $(5,154)  $(123,403)
                
Net loss per basic and diluted common share  $(0.00)  $(0.00)  $(0.03)
                
Weighted-average number of common shares outstanding   5,000,000    5,000,000    4,912,336 

 

See accompanying notes.

 

2
 

 

ZETA ACQUISITION CORP. III

(A Development Stage Company)

 

Condensed Statements of Cash Flows

(Unaudited)

 

           Cumulative 
           Period From 
   Three Months Ended   November 16, 2007 
   March 31,   (Inception) Through 
   2012   2011   March 31, 2012 
Operating activities               
Net loss  $(5,372)  $(5,154)  $(123,403)
Adjustments to reconcile net loss to net cash used in operating activities:               
Decrease (increase) in prepaid expenses   1,875    1,875    (625)
Increase in accounts payable   889    1,140    3,816 
Increase in accrued interest   1,131    888    7,455 
Increase (decrease) in accrued expenses   (4,000)   (1,013)   1,500 
Net cash used in operating activities   (5,477)   (2,264)   (111,257)
                
Financing activities               
Proceeds from notes payable, stockholders   25,000    -    95,000 
Payments on notes payable, stockholders   -    -    (10,000)
Proceeds from issuance of common stock   -    -    50,000 
Net cash provided by financing activities   25,000    -    135,000 
Net increase (decrease) in cash and cash equivalents   19,523    (2,264)   23,743 
                
Cash and cash equivalents at beginning of period   4,220    26,898    - 
Cash and cash equivalents at end of period  $23,743   $24,634   $23,743 

 

See accompanying notes.

 

3
 

 

ZETA ACQUISITION CORP. III

(A Development Stage Company)

 

Notes to Condensed Financial Statements

(Unaudited)

March 31, 2012

 

1.Nature of Operations and Significant Accounting Policies

 

Nature of Operations

 

Zeta Acquisition Corp. III (the "Company") was incorporated under the laws of the State of Delaware on November 16, 2007. The Company is a new enterprise in the development stage as defined by Accounting Standards Codification ("ASC") Topic 915, Development Stage Entities. The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The Company's principal business objective for the next twelve (12) months and beyond will be to achieve long-term growth potential through a combination with a business. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

 

Liquidity

 

Since its inception, the Company has generated no revenues and has incurred a net loss of $123,403. Since inception, the Company has been dependent upon the receipt of capital investment or other financing to fund its continuing activities. The Company has not identified any business combination and therefore, cannot ascertain with any degree of certainty the capital requirements for any particular transaction. In addition, the Company is dependent upon certain related parties to provide continued funding and capital resources. The accompanying financial statements have been presented on the basis of the continuation of the Company as a going concern and do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

Use of Estimates

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.

 

Cash and Cash Equivalents

 

For purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three (3) months or less to be cash equivalents.

 

4
 

 

ZETA ACQUISITION CORP. III

(A Development Stage Company)

 

Notes to Condensed Financial Statements (continued)

(Unaudited)

 

1.Nature of Operations and Significant Accounting Policies (continued)

 

Income Taxes

 

The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes, which requires the recognition of deferred tax liabilities and assets at currently enacted tax rates for the expected future tax consequences of events that have been included in the financial statements or tax returns.  A valuation allowance is recognized to reduce the net deferred tax asset to an amount that is more likely than not to be realized.

 

Fair Value of Financial Instruments

 

Pursuant to ASC Topic 820-10, Fair Value Measurements and Disclosures, the Company is required to estimate the fair value of all financial instruments included on its balance sheet as of March 31, 2012. The Company considers the carrying value of cash and cash equivalents, prepaid expenses, accounts payable, accrued expenses, and notes payable, stockholders to approximate fair value due to their short maturity.

 

Net Loss Per Share

 

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding for the period. The Company currently has no dilutive securities and as such, basic and diluted loss per share are the same for all periods presented.

 

Interim Financial Statements

 

The unaudited interim financial information included in this report reflects normal recurring adjustments that management believes are necessary for a fair statement of the results of operations, financial position, and cash flows for the periods presented. This interim information should be read in conjunction with the financial statements and accompanying notes contained in the Company′s Form 10-K filed March 30, 2012.

 

The results of operations for the three months ended March 31, 2012 are not necessarily indicative of the results to be expected for other interim periods or the full year.

 

Reclassifications

 

Certain items in the March 31, 2011 financial statements have been reclassified to conform to current period presentation, with no effect on net loss or stockholders' deficit.

 

Recently Issued Accounting Pronouncements

 

Management does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.

 

5
 

 

ZETA ACQUISITION CORP. III

(A Development Stage Company)

 

Notes to Condensed Financial Statements (continued)

(Unaudited)

 

2.Notes Payable, Stockholders

 

During 2012, various stockholders loaned the Company $25,000 and were issued unsecured promissory notes which bear interest at 6% and are due on demand. Similar stockholder loans amounted to $35,000 during 2010 and $25,000 during 2009. Interest of $7,455 was accrued and unpaid at March 31, 2012.

 

During 2007, the Company issued an unsecured promissory note to a stockholder and officer of the Company in the amount of $10,000. The note was non-interest bearing and was repaid from the proceeds of the sale of common stock.

 

3.Preferred Stock

 

The Company is authorized to issue 10,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors.

 

4.Common Stock

 

The Company is authorized to issue 100,000,000 shares of common stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. During December 2007, the Company issued 5,000,000 shares of its common stock pursuant to a private placement for $50,000.

 

5.Income Taxes

 

The Company has approximately $41,900 in gross deferred tax assets at March 31, 2012 resulting from capitalized start-up costs and net operating losses. A valuation allowance has been recorded to fully offset these deferred tax assets as the future realization of the related income tax benefit is uncertain.

 

6.Commitment

 

The Company utilizes the office space and equipment of an officer and director at no cost on a month-to-month basis. Management estimates such amounts to be di minimis.

 

6
 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

Forward Looking Statement Notice

 

Certain statements made in this Quarterly Report on Form 10-Q are “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) in regard to the plans and objectives of management for future operations. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of Zeta Acquisition Corp. III (“we”, “us”, “our” or the “Company”) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company's plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Although the Company believes its assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance the forward-looking statements included in this Quarterly Report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

 

Description of Business

 

The Company was incorporated in the State of Delaware on November 16, 2007 (Inception) and maintains its principal executive office at 666 Walnut Street, Suite 2116, Des Moines, Iowa 50309. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was formed as a vehicle to pursue a business combination through the acquisition of, or merger with, an operating business. The Company filed a registration statement on Form 10-SB with the U.S. Securities and Exchange Commission (the “SEC”) on February 1, 2008, and since its effectiveness, the Company has focused its efforts to identify a possible business combination.

 

The Company, based on proposed business activities, is a “blank check” company. The SEC defines those companies as "any development stage company that is issuing a penny stock, within the meaning of Section 3(a)(51) of the Securities Exchange Act 1934, as amended (the “Exchange Act”), and that has no specific business plan or purpose, or has indicated that its business plan is to merge with an unidentified company or companies." Many states have enacted statutes, rules and regulations limiting the sale of securities of "blank check" companies in their respective jurisdictions. The Company is also a “shell company,” defined in Rule 12b-2 under the Exchange Act as a company with no or nominal assets (other than cash) and no or nominal operations. Management does not intend to undertake any efforts to cause a market to develop in our securities, either debt or equity, until we have successfully concluded a business combination. The Company intends to comply with the periodic reporting requirements of the Exchange Act for so long as we are subject to those requirements.

 

The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The Company’s principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with an operating business. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

 

The Company currently does not engage in any business activities that provide cash flow. During the next twelve months we anticipate incurring costs related to:

 

7
 

 

(i)filing Exchange Act reports, and
(ii)investigating, analyzing and consummating an acquisition.

 

We believe we will be able to meet these costs through use of funds in our treasury, through deferral of fees by certain service providers and additional amounts, as necessary, to be loaned to or invested in us by our stockholders, management or other investors. As of the date of the period covered by this report, the Company has $23,743 in cash. There are no assurances that the Company will be able to secure any additional funding as needed. Currently, however, our ability to continue as a going concern is dependent upon our ability to generate future profitable operations and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our ability to continue as a going concern is also dependent on our ability to find a suitable target Company and enter into a possible reverse merger with such Company. Management’s plan includes obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances, however there is no assurance of additional funding being available.

 

The Company may consider acquiring a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital. In the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital but which desires to establish a public trading market for its shares while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering.

 

Since our Registration Statement on Form 10-SB went effective, our management has not had any contact or discussions with representatives of other entities regarding a business combination with us. Any target business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially unstable and early stage or potential emerging growth companies. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks. Our management anticipates that it will likely be able to effect only one business combination, due primarily to our limited financing and the dilution of interest for present and prospective stockholders, which is likely to occur as a result of our management’s plan to offer a controlling interest to a target business in order to achieve a tax-free reorganization. This lack of diversification should be considered a substantial risk in investing in us, because it will not permit us to offset potential losses from one venture against gains from another.

 

The Company anticipates that the selection of a business combination will be complex and extremely risky. Because of general economic conditions, rapid technological advances being made in some industries and shortages of available capital, our management believes that there are numerous firms seeking even the limited additional capital which we will have and/or the perceived benefits of becoming a publicly traded corporation. Such perceived benefits of becoming a publicly traded corporation include, among other things, facilitating or improving the terms on which additional equity financing may be obtained, providing liquidity for the principals of and investors in a business, creating a means for providing incentive stock options or similar benefits to key employees, and offering greater flexibility in structuring acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex.

 

8
 

 

Liquidity and Capital Resources

 

As of March 31, 2012, the Company had current assets equal to $24,368, comprised of cash and cash equivalents and prepaid expenses. This compares with assets of $6,720 comprised of cash and cash equivalents and prepaid expenses as of December 31, 2011. The Company’s current liabilities as of March 31, 2012 totaled $97,771, comprised of accounts payable, accrued interest, accrued expenses and notes payable to stockholders. This compares with liabilities of $74,751, comprised of accounts payable, accrued interest, accrued expenses and notes payable to stockholders, as of December 31, 2011. The Company can provide no assurance that it can continue to satisfy its cash requirements for at least the next twelve months.

 

The following is a summary of the Company's cash flows provided by (used in) operating, investing, and financing activities for the three months ended March 31, 2012 and 2011 and for the cumulative period from November 16, 2007 (Inception) to March 31, 2012:

 

   Three Months
Ended
March 31, 2012		   Three Months
Ended
March 31, 2011		   For the
Cumulative
Period from
November 16,
2007 (Inception)
to
March 31, 2012		 
Net Cash (Used in) Operating Activities  $(5,477)  $(2,264)  $(111,257)
Net Cash (Used in) Investing Activities  $-   $-   $- 
Net Cash Provided by Financing Activities  $25,000   $-   $135,000 
Net Increase (decrease) in Cash and Cash Equivalents  $19,523   $(2,264)  $23,743 

 

The Company has nominal assets and has generated no revenues since inception. The Company is also dependent upon the receipt of capital investment or other financing to fund its ongoing operations and to execute its business plan of seeking a combination with a private operating company. In addition, the Company is dependent upon certain related parties to provide continued funding and capital resources. If continued funding and capital resources are unavailable at reasonable terms, the Company may not be able to implement its plan of operations.

 

Results of Operations

 

The Company has not conducted any active operations since inception, except for its efforts to locate suitable acquisition candidates. No revenue has been generated by the Company from November 16, 2007 (Inception) though March 31, 2012. It is unlikely the Company will have any revenues unless it is able to effect an acquisition or merger with an operating company, of which there can be no assurance. It is management's assertion that these circumstances may hinder the Company's ability to continue as a going concern.  The Company’s plan of operation for the next twelve months shall be to continue its efforts to locate suitable acquisition candidates. 

 

For the three months ended March 31, 2012, the Company had a net loss of $5,372, consisting of interest expense and legal, accounting, audit, and other professional service fees incurred in relation to the preparation and filing of the Company’s periodic reports. This compares with a net loss of $5,154 for the three months ended March 31, 2011 consisting of interest expense and legal, accounting, audit, and other professional service fees incurred in relation to the preparation and filing of the Company’s periodic reports.

 

For the period from November 16, 2007 (Inception) to March 31, 2012, the Company had a net loss of $123,403 comprised exclusively of interest expense and legal, accounting, audit, and other professional service fees incurred in relation to the formation of the Company, the filing of the Company’s Registration Statement on Form 10-SB in February of 2008, and the filing of the Company’s periodic reports on Form 10-Q and Form 10-K.

 

9
 

 

Off-Balance Sheet Arrangements

 

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

 

Contractual Obligations

 

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide this information.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

 

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

 

Item 4. Controls and Procedures.

 

Evaluation of Disclosure Controls and Procedures

 

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed pursuant to the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules, regulations and related forms, and that such information is accumulated and communicated to our principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.

 

As of March 31, 2012, we carried out an evaluation, under the supervision and with the participation of our principal executive officer and our principal financial officer of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our principal executive officer and our principal financial officer concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report.

 

Changes in Internal Controls

 

There have been no changes in our internal controls over financial reporting during the quarter ended March 31, 2012 that have materially affected or are reasonably likely to materially affect our internal controls.

 

PART II — OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

There are presently no material pending legal proceedings to which the Company, any of its subsidiaries, any executive officer, any owner of record or beneficially of more than five percent of any class of voting securities is a party or as to which any of its property is subject, and no such proceedings are known to the Registrant to be threatened or contemplated against it.

 

Item 1A. Risk Factors.

 

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

None.

 

10
 

 

Item 3. Defaults Upon Senior Securities.

 

None.

 

Item 4. Mine Safety Disclosures.

 

None.

 

Item 5. Other Information.

 

None.

 

Item 6. Exhibits.

 

(a) Exhibits required by Item 601 of Regulation S-K.

 

Exhibit   Description
     
*3.1   Certificate of Incorporation, as filed with the Delaware Secretary of State on November 16, 2007.
     
*3.2   By-Laws.
     
31.1   Certification of the Company’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012.
     
31.2   Certification of the Company’s Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012.
     
32.1   Certification of the Company’s Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
     
32.2   Certification of the Company’s Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 

*Filed as an exhibit to the Company's Registration Statement on Form 10-SB, as filed with the SEC on February 1, 2008, and incorporated herein by this reference.

 

11
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Dated: May 15, 2012 ZETA ACQUISITION CORP. III
     
  By:   /s/ John Pappajohn
    John Pappajohn
    President and Director
    Principal Executive Officer
     
  By:   /s/ Matthew P. Kinley
    Matthew P. Kinley
    Secretary, Chief Financial Officer and Director
    Principal Financial Officer

 

12

 

 EX-31.1 2 v311313_ex31-1.htm EXHIBIT 31.1

Exhibit 31.1

 

Certification of Principal Executive Officer

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

and Securities and Exchange Commission Release 34-46427

 

I, John Pappajohn, certify that:

 

1. I have reviewed this report on Form 10-Q of Zeta Acquisition Corp. III;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of the annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

 

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: May 15, 2012 /s/ John Pappajohn  
  John Pappajohn  
  Principal Executive Officer  

 

 

 

 

 EX-31.2 3 v311313_ex31-2.htm EXHIBIT 31.2

Exhibit 31.2

 

Certification of Principal Financial Officer

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

and Securities and Exchange Commission Release 34-46427

 

I, Matthew P. Kinley, certify that:

 

1. I have reviewed this report on Form 10-Q of Zeta Acquisition Corp. III;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of the annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

 

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: May 15, 2012 /s/ Matthew P. Kinley  
  Matthew P. Kinley
  Principal Financial Officer

 

 

 

 

 EX-32.1 4 v311313_ex32-1.htm EXHIBIT 32.1

Exhibit 32.1

 

Certification of Principal Executive Officer

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

 

In connection with the Quarterly Report of Zeta Acquisition Corp. III (the "Company") on Form 10-Q for the period ended March 31, 2012 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, John Pappajohn, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

  /s/ John Pappajohn  
  John Pappajohn  
  Principal Executive Officer  
  May 15, 2012  

 

 

 

 

 EX-32.2 5 v311313_ex32-2.htm EXHIBIT 32.2

Exhibit 32.2

 

Certification of Principal Financial Officer

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

 

In connection with the Quarterly Report of Zeta Acquisition Corp. III (the "Company") on Form 10-Q for the period ended March 31, 2012 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Matthew P. Kinley, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

  /s/ Matthew P. Kinley  
  Matthew P. Kinley  
  Principal Financial Officer  
  May 15, 2012  

 

 

 

 

 EX-101.INS 6 zetaiii-20120331.xml XBRL INSTANCE DOCUMENT 0001422143 2011-01-01 2011-03-31 0001422143 2011-03-31 0001422143 2012-01-01 2012-03-31 0001422143 2012-03-31 0001422143 2007-11-16 2012-03-31 0001422143 2010-12-31 0001422143 2011-12-31 0001422143 2007-11-15 xbrli:shares iso4217:USD iso4217:USDxbrli:shares ZETA ACQUISITION CORP III 0001422143 --12-31 Smaller Reporting Company zetaiii 10-Q false 2012-03-31 Q1 2012 4220 23743 26898 4220 0 2500 625 6720 24368 2927381660000 85000 74751 97771 0 0 500 500 49500 49500 118031 123403 -68031 -73403 6720 24368 0.0001 0.0001 10000000 10000000 0 0 0 0 0.0001 0.0001 100000000 100000000 5000000 5000000 5000000 5000000 4266 4241 100305 0 0 15643 -4266 -4241 -115948 888 1131 7455 -5154 -5372 -123403 0 0 -0.03 5000000 5000000 4912336 -1875 -1875 625 -2264 -5477 -111257 0 25000 95000 0 0 10000 0 0 50000 0 25000 135000 -2264 19523 23743 <table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0px;"></td> <td style="width: 0.25in;"><b>1.</b></td> <td style="text-align: justify;"><b>Nature of Operations and Significant Accounting Policies</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>&#160;</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Nature of Operations</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Zeta Acquisition Corp. III (the "Company") was incorporated under the laws of the State of Delaware on November 16, 2007. The Company is a new enterprise in the development stage as defined by Accounting Standards Codification ("ASC") Topic 915, <i>Development Stage Entities</i>. The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The Company's principal business objective for the next twelve (12) months and beyond will be to achieve long-term growth potential through a combination with a business. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Liquidity</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Since its inception, the Company has generated no revenues and has incurred a net loss of $123,403. Since inception, the Company has been dependent upon the receipt of capital investment or other financing to fund its continuing activities. The Company has not identified any business combination and therefore, cannot ascertain with any degree of certainty the capital requirements for any particular transaction. In addition, the Company is dependent upon certain related parties to provide continued funding and capital resources. The accompanying financial statements have been presented on the basis of the continuation of the Company as a going concern and do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>&#160;</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Use of Estimates</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Cash and Cash Equivalents</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">For purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three (3) months or less to be cash equivalents.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Income Taxes</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company accounts for income taxes in accordance with ASC Topic 740, <i>Income Taxes</i>, which requires the recognition of deferred tax liabilities and assets at currently enacted tax rates for the expected future tax consequences of events that have been included in the financial statements or tax returns.&#160;&#160;A valuation allowance is recognized to reduce the net deferred tax asset to an amount that is more likely than not to be realized.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Fair Value of Financial Instruments</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>&#160;</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Pursuant to ASC Topic 820-10, <i>Fair Value Measurements and Disclosures</i>, the Company is required to estimate the fair value of all financial instruments included on its balance sheet as of March 31, 2012. The Company considers the carrying value of cash and cash equivalents, prepaid expenses, accounts payable, accrued expenses, and notes payable, stockholders to approximate fair value due to their short maturity.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Net Loss Per Share</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding for the period. The Company currently has no dilutive securities and as such, basic and diluted loss per share are the same for all periods presented.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Interim Financial Statements</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The unaudited interim financial information included in this report reflects normal recurring adjustments that management believes are necessary for a fair statement of the results of operations, financial position, and cash flows for the periods presented. This interim information should be read in conjunction with the financial statements and accompanying notes contained in the Company&#8242;s Form 10-K filed March 30, 2012.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The results of operations for the three months ended March 31, 2012 are not necessarily indicative of the results to be expected for other interim periods or the full year.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Reclassifications</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Certain items in the March 31, 2011 financial statements have been reclassified to conform to current period presentation, with no effect on net loss or stockholders' deficit.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">&#160;</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Recently Issued Accounting Pronouncements</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>&#160;</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Management does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company&#8217;s results of operations, financial position or cash flow.</p> <table style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt times new roman, times, serif; width: 100%;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.25in;"><b>2.</b></td> <td style="text-align: justify;"><b>Notes Payable, Stockholders</b></td> </tr> </table> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;"><b>&#160;</b></p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;">During 2012, various stockholders loaned the Company $25,000 and were issued unsecured promissory notes which bear interest at 6% and are due on demand. Similar stockholder loans amounted to $35,000 during 2010 and $25,000 during 2009. Interest of $7,455 was accrued and unpaid at March 31, 2012.</p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;">&#160;</p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;">During 2007, the Company issued an unsecured promissory note to a stockholder and officer of the Company in the amount of $10,000. The note was non-interest bearing and was repaid from the proceeds of the sale of common stock.</p> <table style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt times new roman, times, serif; width: 100%;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.25in;"><b>3.</b></td> <td style="text-align: justify;"><b>Preferred Stock</b></td> </tr> </table> <p style="margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif; text-align: justify;"><b>&#160;</b></p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;">The Company is authorized to issue 10,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors.</p> <table style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt times new roman, times, serif; width: 100%;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0px;"></td> <td style="width: 0.25in;"><b>4.</b></td> <td style="text-align: justify;"><b>Common Stock</b></td> </tr> </table> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;"><b>&#160;</b></p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;">The Company is authorized to issue 100,000,000 shares of common stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. During December 2007, the Company issued 5,000,000 shares of its common stock pursuant to a private placement for $50,000.</p> <table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.25in;"><b>5.</b></td> <td style="text-align: justify;"><b>Income Taxes</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>&#160;</b></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company has approximately $41,900 in gross deferred tax assets at March 31, 2012 resulting from capitalized start-up costs and net operating losses. A valuation allowance has been recorded to fully offset these deferred tax assets as the future realization of the related income tax benefit is uncertain.</p> <table style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt times new roman, times, serif; width: 100%;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0px;"></td> <td style="width: 0.25in;"><b>6.</b></td> <td style="text-align: justify;"><b>Commitment</b></td> </tr> </table> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: center;"><b>&#160;</b></p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif; text-align: justify;">The Company utilizes the office space and equipment of an officer and director at no cost on a month-to-month basis. Management estimates such amounts to be di minimis.</p> 6324 7455 5500 1500 1140 889 3816 888 1131 7455 -1013 -4000 1500 00014221432012-05-15 5000000 EX-101.SCH 7 zetaiii-20120331.xsd XBRL TAXONOMY EXTENSION SCHEMA 001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 002 - Statement - Condensed Balance Sheets link:presentationLink link:definitionLink link:calculationLink 003 - Statement - Condensed Balance Sheets [Parenthetical] link:presentationLink link:definitionLink link:calculationLink 004 - Statement - Condensed Statements of Operations link:presentationLink link:definitionLink link:calculationLink 005 - Statement - Condensed Statements of Cash Flows link:presentationLink link:definitionLink link:calculationLink 006 - Disclosure - Nature of Operations and Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 007 - Disclosure - Notes Payable, Stockholders link:presentationLink link:definitionLink link:calculationLink 008 - Disclosure - Preferred Stock link:presentationLink link:definitionLink link:calculationLink 009 - Disclosure - Common Stock link:presentationLink link:definitionLink link:calculationLink 010 - Disclosure - Income Taxes link:presentationLink link:definitionLink link:calculationLink 011 - Disclosure - Commitment link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 8 zetaiii-20120331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 zetaiii-20120331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 zetaiii-20120331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 11 zetaiii-20120331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } ZIP 13 0001144204-12-029113-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001144204-12-029113-xbrl.zip M4$L#!!0````(`,)9KT"&>'B*T18``/62```4`!P`>F5T86EI:2TR,#$R,#,S M,2YX;6Q55`D``[QRLD^\)#L>R\O'WU:@N<`4G$PYD)@)'$?/K7WZT=)D(O\F4X^F'G\Z?S MQN'./U[]^4\O_])HL%]>?WS+_,A+)B(TS%."&^&S&VG&[,WO#2IU/;'>7@O^ M>\#^M]5OMGK-3JO=8:WN<>_PN+W/3M[]'VLTTEY?X[\,^!#JX]^%X5+*'W;&QL3'S>;-S/N/>;XG4T@`9+U(Q5-GS MH@F-J]7MMG=<\T"&7TIML>N]2(V@9JO;Q.(!##>MCJ5^3JQ8>;]I"[.J=[J^ MZ5+=]M'149-*LZI:5E6$3MO-7]Z]O?+&8L(;,M2&AUX)BUR`?;:^U%&OTSY8 MU,+62!N$41@FD^KZOE%-,XU%$RHUH)90TLO:+6]4;N"+6`D/97,NN*,F5YZ* M`M$<(ZH<=+2=QD#T;DRXY MZ]I(S>;>K?9WF@0%5X+3*#3BUK`KX:&A=>O`-\Y*>ZY4@EJ[FO_NOGOS[VZ[ M\8XK[+--HTKKPXHAS92>I(^DCP]A"5&,1ET>9#KGIQ<_[KQJ@;7L=3KM7O=E M<[:QI=*\0\91`;[(R"\1!M.IS!F8)'B:3E>K#0M0\V[Y-X41^*4V79CBO$U> MFH/)2:=/'->6\/%$__O#\*O@I%V&S!R>Y*6;\Z0L6YTGRY$9V>K<0[8Z#RE; M3Y>3)=FZPY,Z9>LTT2::?!5,*8M7ZZ`!6M?>?X+B=28\Y&3KR7*R)%ZM!K!E M6^(URY.OQIQOG2?M?N-]=-U`0?XJ>.+TK;\)3]"U^AS*>7Y5@D7(J:LQ5^!X MOG+/)X+K1(E73LVI,.T^+4N_8Q]577Z^.KO3G]L6'D/9/;J[%(IP9MWZ\AJ8 M_:I0]3UN!W$S=T_*=]KCPS,11A,95G6[*H-*733+Z&<'CG/V)A`4]BA.VTO8 MB!V_(2GZ*$92&P6R\)Y/!',S_A'][+DNS+_>?#IA)Z<_?;ZXNOAT\>$]._WP M\9)=7%R\;,[KF.#DA:>`2/'@(O3%[8]BNAK9HG[,[2HC=$K[4W,NM<>#_Q%< MO;'+Q6JT&M:(6$+SNIH9U+D,A#J%YZ-(K3BDJPD/H!'[*.((MD'A"'8ODYB' MT^((2_UF-#\ICN&UJ^ED$`6K47,;)]MWJ3WVFG:C5B/\T0N=/-'$(H96N0P7^K"&7=$!D7'S@^Y7I\$OKXY\UOB;SF`330)^:4 M*S4%F?B9!TDU,^_N\!@:&ZJ#5IKYPI,@T_J''?"@0%E;+YMK4=T2SLY"G)WN M`=J41P6:^9T+@>X?'AT^#:!/>^:+#MHBG!N!O%0BYM)_DN\0:]+K[ARL1]BAVKB_Y ME`^".@7@J'-0`%!)YE4=,!8SHGO8WE\=QOO(B+3PHPCPX.224VCW-.!:TY%; MC<(!SF!!.M8@7IK"ND$O9NAAOQ;0;R4?R$!2Q=H8>M`[Z+=S;'=IU`%A,7N. M#@X.5H<`!FDHX+%_92+O2UTN2]GPSA*H!V_\V) M+Q[ZZL1/?)\.T<&3AC7I(CSEL30\*+2IPWL]*@%:3G,;$!=S;#.(9^):!%&, MNX4KPT<"=IM"Q4IJ<2:&TI,&3'XR2<@PG24*?*#9%C5PN=T^;'4+6K\YJ,<8 MX^)I:G>ZO59W:V.DF1U'@2^41M?55`WEN>Z%KSR8@-^R`<%D@8"2-8WC9?>AX59K+4`M@<+ MW1[&\^:M=O,`;`MSYW$PVV#Y26+&D9*_"W]M_KIH^XR]:=G_S`,Z2[5N@)T' M!WBA=5(7]Y:@LJ3J1+247?4@^I`8///!H.^#,*I`KW9LF[)L'K:"J_0()G`% MZEM!>S_CMP':[9J]ZEW$0INR*;:5+5X=V.HT=OVEJ"JLRR:(EG*J'D2U&[OE ML%:P*5LR=O?']D\1"L4#<`]/_(D,Z<#6R&OAPKPK'#XM.P?8+X00EU"K&=F2 MK7.GUWXX9!696@LWC*U6M]5?#YX[W#T^C]2$8Q3@--)FE>/#I0&QZIXW([HT M"%8/T77YWM_'@\`%M-,9^1!C<@>HTT7H11/Q-M*;L[I1UI8*$C5`6++C+JM% M71#6G(9&N]T_ZAVNCN,"`RA"F[K,UN%A@?A,YQL27B*`[6+,95/*:[+]H-?O MKT;\O3!URGV_W>\5CD6*G6]$=HF4];L'G7K(KBW?,P'!^;3?5_EW)?W2TM(U@QOA;W'P\);-I=5"#%A#+9'W?50ILO, M?PLY&L/#DVNPQ&6+!UH).#3:?X4YGO[RRKTAY>X"7 M^02]@X/'!KR^M]SN]#='#?4](7Q]KJ))(1UE>B8&U=D=:VXC5Z%3)Z`E9V7E M7)SM@5IS-H_NB>LCZ/L4SX?UA^$V9V\1G3H!K9PELSU`ZP=M6O?!59QB#&WB M]0C9@CTW4:0&Y:LD5CNT-=*=M@]MS2GMSQY2KH-PCAD^ER&TJW>=;2TU_A54 MMP=V+UN+:"K<\SMVR"S/ES=SM@FCC_J=I:]B/`3H-05D MI5=(5L#]08UX*']W4>=01X'TZ0OT!CZ]AF[HZX>ADS4>T+DK+31G4GM!A&\, M8KZ/'(5R*#T>&I>Z#7)Y"?UY()6?8(BO@U4-^*OO`O/"8)HRTV:*EWI,N!K) ML&&B^)BU8O."W4C?C(\9K(%_?<&&T`]^C@TS<@(:&(H;!C:3A[OVP2[3P(KA M"^;Z&40&F&V[VF&>"`(=<_$225XKG&2T0\'C1X M`,,^9@#L1;&BGU9T.%OQK2W'TJ;Q%U7=Z_1EF-<>X(?V'C4<+.D"N9E"^A4$ M2@ZG,QV]YP:FBT5#YMQSF',&>W-6F#Z6SQ]+)W`!^:91Q2\X;?GW>!$T-QTT M#\2BU6>R/*KO^"1^\5_M_=:+&9SQ0R.IXN]C82HSY:'(_DL8#A*473S&3B,5 M[^';NNQ[,Q9LQ[UQNO-W=L,UDW0S6:3H4K8D](5B6"O@-QJYB)_)X."7,W!K M;S#)!'I]'UT+##6Q]C[>D]8ZV&.?H*[KG$F0:L(IPC37%4A1=WZ>VPI\P(Q; M@.&+H0P!P6!:E/XK#%MQY6OHUR?MH!%]OW-R=0KX/T6Q]-A1N[_+D*T2AU_( MG&4VGY=>JDU5B.J4H2(7(FN&`0!'X-=B+#VP?B9B]GXI.4(6`)A=)H=,)]ZX M4("0@"WXZC-,!=WY!CSBS,!$"MQJ6#J18H-$PRBUAOD27W"`R`^04T_(:Z3M M7T,?@)E8/Q!8@[,X&8`-"*9L+`(,(]K9`J*E8?Q-,^`R+!`Q#W(ZT>!7?`W\ M6H`0V8D-0>28N1$!//N^W?D[`U_6C*T-&HAI%.(]>0%T0:/GWE@"0UD0A:,& M3.2$C51T8\8LC@S>2@"TS%A%R6@,0&&@`WQ1G?B!=^WQ#,@,QY%`&!F&YTU* M>H9)HPM=>ABL])'C)1:B;X>8H`<=PV(,\I`1@'D)?=`@17P>B6BD>#S&)0*P M.[&AZ3/C!"I/^#2?*.@/+Y\BGJ=XGX.ER(SF6PF<\*69/B]+>07J(DCT\$., M,K)+.I+*Z1B,P8A2,=`XAA'(Z[4($V&U96RM)[ZJY).Q,R!JFE3WVW:GN]MK M=?>8HS&__X$0(5B_6(1X]P=+XLA:227`*,`XH#?/OM;A+`Y9-I#Q"&HI-DQW M(*@90[#?-!YT\F28D/W(=B9E'43:J(+9E2,^*4)F.8K*C*-%:@*,B-A%]<26 M7'O@A7&9*CNT]L5("5(D5V2F-)AT!$J0RI'S2A8)&\7X#IR7!!P,%-A0S3UK MW"Z`L'O!I1HHP!US+;.UT9"T?W;-T'+34C"*7%@9C ML)SV(SLQH19MY1IC&["G:!$>/9#J?]3.RKW.J&7D<5*RJ?E38.< M\@F]VLG9@<_4X2@*_-#HH3T+:0P#0 ME/L58WY@4_OT7-;/FC3F#70[`?EZ9NXJJEN,AUL3B-1@!P$N\&AU0>B=XXFW&<$WFB4-8PG!^R(+"T([ MX5]$9EI$.CVD):`CR22VNS?2"3X<@J/E%!+O=D%=2[5L:-7.-BVJ$ZE[MHDG MNTF*,D($\]I8*K[SR?%S)<.TD'LM<0WU1AH+AO#`@/Z&Y!;6G![=+JMF.`N'^T` MT4"7X_MNMI,!#`%Z,*#!`V$IBGQ"GI=T=C347#A.)<6`-U!Z@+&`$I'=IV MXY:EW$UU[F2V&%:N&4@%:0KH/`15R:3=HF3!0B<3V&``B[Z(`#<.4(Z>L%5D)4!"H/?GI<#G M7"IF+UR`J3:^?C"=]F2@\FR5!R;7WL--JM(L*7&#E.WO/ M8NXHY2V74Z)2HE\YG*E1"4!_?I`QZ0^NBQ MP%T9J>\[KL">=-OVUR?*F_9\F;2[:GM354[92]V0V55OU_K8,G?W=G.K&-LK M:>B)PAURH4Z(<0^T0%DE77BOG)0XABWVK>5%@0]^(MP.%1[!]E"9;-5^7AK\ M'F:6$LDOP5.FA,SGM1!3RJF-C,5X*2Z]I2HIP!138NQ@RN@^4Y3D+(@VL(&C M&Y?=VN`VO96%E-]J=TJ8AF'[`\4IO&.7+I9V[S*C0=DB:P-@0#I(*$"NA8?2 MF:_+%.;?I7".YW9J-I-W9BSX?W)T\3Y5"FJ!_KM]4QX=>G)"7Y^+:>#II+`V MY0?4STO24^M$$'RY?B2C!,7S";<<=H;<$M-_P9!N#AH6A"5=QOH\12 MN+(0`[1AN#Q8,1`!'M-HDL4\*D?":(UR:1=F?52[D8>O4792NEM`"YLX%WO- M%A3:N,VH5U'$0=.DS@9>'*Z+#UHWSG?!G%^3T,L/BQ8&,DH!6;L@8:2$TYFA M\VB=BMO)/^ST.B\TPS?Z8/X:/T+7`51UBVO++:[/12HK)SN;2+N#=KMG#*O[ M,TZ(%2OPQ%/1DF`_)1A;C]Y*G14IZZ_G6Y7LL"*5C%1R'/UA`@9S*KAZ^%#P M?_KD9U;ZHR@']I^9:3YU45RPS!.=&HR2D+>7G?.HC(-V`^"BT?3178EHY3HU MB-Q:3S)NX&@(&R$&?%*J2-_TWRH+PI'D6=NG1],"Z?^X*BV*JE8I"^.P] MKNOR9';5[W+WPH^$/2RV-MV>&?I17#A=M$R5EJFE@YDB4U%92*,XTX5\-PD+ MMU6-BG6\??!"K^ZMH$YEODI!CPKOEC]PQN7,.PGYBP&?\L/N0K^U9VI6I%RN MD;!9S/-\F$S-JO3+3FWIE^0Z7J:QC.(=>0LHK)9A>7]]8\N!KV4.MH'$WDM) M[N`NNP87,$IT.1841!R]\6+,[-M.?[?5:I$+?R-HWT\&(@EIMXV9&H`"'N(/ M:%BWWH;3!^`-6G=1:(/!\?V_VGV`LI&E"'-F`+Z/&383B;DC!2P$1;O8LEVM MO^U:)'XV#(LJ19@];QUAYHDCC*D\![N]?I^2!-/P&+9+0HJF`;*9>-V#3LI6 MM_DKR$+K8#9&:NU_.'^&*618FBQD9S0$.VKC.J7^PD)^BDVL:N%TV9@.=7=# M89RPD0D+BDZ:WH.%+N[ISJ@QV<"^U).=3_)`%.-)B*QRX5C#=B^X_^X/^UYA MW[MUV?>,U]:TUVW3[=\]',!_EG6?3=W.;\/#%&C4:F8UCXQE&G,=XE;'\9OT MQFYV*#W:%^CAI8[:=612G;2A`(5Q71O;L7W8XTNN*35W@%GBF&Y,\1VKNG)B M#Q3PKXL.OXZX\BDQ78(+:B*E*Q5WC@*6[G8HO-3W[#5TPW=E>G4ILYV3[6CR M<]3?*@4NKGJ/K[W,>19GL*&DM*LR"?VZ3,*"?*8_7HF;GP"% M9YV%<_H`=F:]]NX1:`]XV".%LQ5VEFPD1_.!.;.1/[=3H3 M=G:>BBOAT:N13]F32(Q$W;;:9;?H#.7%)8[_EL@X/5+F8;:'MZD2=DE'$Q)& M9!(P9L/M*2.(9UF M[;_EMM_M](K&HXI,74CN<[WG`B0G-KZUE9\;ZY=_N&@>I1KQ++OY=WT\=V]= MF_F-O(VO\&BW>ZU%M[S-T*L=W9*?LSL\>EAP:][)4?[]PDT!SBC,>['YM5HS MUPPOI[@-B.M=2/Q0&#>\NGACF!]P7WO7#-1PYV6KW5V$=`[AK<%==A]XZ=JC MQX"[]A7N]P?\ET:#G4>1H8.$*V&3T1H-*@MD^.5XZ`K?PA=V2X_PIH`?=@`H M)4KMN*W-SLW0Y4L!>I4;/3:G6;6-S$BCO4=_-.Y_#X)3:1 MQXXE3/H5OW'\CD_=1L'5%O2#\>FW[%UN<->],?A3)4A:>'NCZ+IY>O'CSBO\ M:9=>I]/&2XQF&[]*'Y5[M]DM&:T0\VV-^W7U?J/=SSIR)>GWM%VS-,#L=]#I M>H[I/7\TH\B352\&7HTHSHA#C/_"U_\'4$L#!!0````(`,)9KT!FE1:@-P4` M``4V```8`!P`>F5T86EI:2TR,#$R,#,S,5]C86PN>&UL550)``.\V1;`CAI85$IVB M=EO-6V62`UCCQ%G;*3"_?NV0=`NYTEN2:J5*0'KNWSG'QS;TOJQ=HMT#XYAZ M?=UJM74-/)LZV%OT]9N_1\:)_N7/7W_I_688W[]>3;0S:@$*[D#1S#(ZV MPF*IG?\T;C&L@&FW6UF:%-4Z:OVAR;%\BS_^-28M+XK-/3 M4S/\KR3EN,M#_@FUD0AQ*+1+RZ10GXR8S%"/#*MC'%FM-7=T&8,//48)7,%< M"_5WQ<:'OLZQZQ-E=_ALR6#>UW^"0!AC0\6R?;25\/%:(`$*G\0;6`CQ'F;%]JJ2_AB7*D`\]0NT=[43!2-EN,"/E(59SQ&,MA7A]C%Z?#?@'`0?!HQ)VV(%!,V`A&KOTNG,-[=S MB/ARX#GJY5Q&^1X1:0387XX_\NM1)@S8KHN(V;$6^3:1 M!KN5$U&8/'#=4)J!91+$_'-&W;P@QWKI4SS1*'.`]?6.;+\!ET927QF`B*ZM M`"^60K;F"F"<,O`1=L[7/G@M=)A,+P#FH[+-Y&@-2CML13I_KA=,W*B"N^"N0L05GBEAH^,/,6(S<(5(: M@^5!H8G0/:D7NM>"VC^6E$C;N!KEQ"8'Q!3B2L:W.EJ/1?;(75=ZI6")$':&#R23M9T:74?> MY\B!^`6$-R8%7B*0Q4NW4?&.>>`Y!ZWDA:SUF<%R7=M'.V>L+K-@-LW=-,K2 M2U+/W#MM?M%S]+%G4Q<&1%:;)S7Y@+%F9G=.J;DQ]%G/6'JG0,BIMB)=A]`U&JDG?I*L8EU>A]1%+! MJ^?6-3XV+2Z8?^Z7==. M:C-`:F>]?1U[NS?0N:VU@+7Q"!8'IZ9#2M+PO7O@@V#=YWV'N";"4\\CQJ3A M>Q?(,C8'09O"_@[130M2/>_VDK9?BB6PY`WT02AGR7B'4&>&*\+;:M<+\(P8 M1%_V?-[TER:DBLM?:@,X?"3Q?W3COCF#6?Y7^'+8ZIFX.:`EKXGS@E+/4?%* MCCX;M6WBE_,#@,QE:SR0^4&IZ7CX./O&G`?JIP)R+USJKKF8M_&8E@A//3KQB2U")ZUNUE[^&71/+# MOU!+`P04````"`#"6:]`59CF&,P)``"`L``00E#@``!#D!``#M75MOV[@2 M?MX%]C]HW=?U14G3-D%R%FX2+XQ-&R-)>_8\";1$V]R512]))7%__2$ER[%E MB9)L.J0"`P7B.,/A-_/Q,AQ>>O[[\]2W'B&A"`<7#;O5:5@P<+&'@O%%X]M# MK_FI\?M_?OGY_-=F\Z_/=S?6%7;#*0R8]87+C!#TK"?$)M;UC^9W!)\@L;[' MNBRNJG7<^FCQCSV"/##_S?H"YE;G_6_64<<^XA_..J=G)Y^L[A>KV=RZBOY-B8`!/03`?J=T-;>!0[_#`/18IH>'('09PK!;>I6!15/`0KV@S16O1O0 M2$=S"J=#2%2B7-.[$\0)1T/<<`B;2],5`LW2OA/<`+.NTGZS4!B#2A`5:?\! M&4`(-<4`VCF.AXUWR8C<#;SK@"$V[P+QI0>\S\,6\`EVH5-?1 M1.T_G?O87:O3%V$()IFC3C3BC``=1L-.2)MC`&9\^+'M-O093;X13K6;'7L1 M=[Q;?.TLG<$-A7W^D2:U^&`(_:AN)U_8Z<0>TX/Y`0Q?VI`,;R3HV`G6%WJ[ M9!TU'_H3?8M9H%)L-2)X6L)E296X`*Z%B0?)18.7""E'@F<"LQABXIGES,4! MXPWRVH^*\5X%Q^+#R]]]S(>4BP8C(=1)U+T+`T`0[CZC4NUK5=XYV@]MDF!$ M0N.2F@(*4Q;D,JF!E`6R;P&=03>:&:_6(MLL8O+*.,?[(2BVQOBQ[4$4$\8_I'GB7SGQ['T'QX@R M`@+V%4RS)J,\4>?]GMC(6@=N-S%)H"=>MS6Y_9(C)\#G<1M\_A/.I7Y/R3HG M-7+\)O;$\T>O[OG+D(CE2`]1OAKY'P3D.O"NN#$YSL\3=S[4PO\2^`D%QYH: M?P_YD%QR+&-,Y$U_3=+Y6`O'9R-/?/[^U7W^0(!(OM_/IT/LYWA[3<;Y5`L_ MIS$G'C[1-:3CZ10']PR[_]Q/`('T-F0B>R]`RL=W24'GM!9C#JQ.4 MY"P>N-H<*E9%'+M3"Z^G,2<._OCJ#NYR&)Z`TO-!7F-?DW'L/64S%+MX`W3B MXT_:&O$`\A6%)X]=,F4=>T^IB#TUZPWPB>]/M?D^CJ9B8#W^758V2"KOV/O* M..R'@TP#7A9/FHD086UY&I;2CEV/M:L$_I*"G`7L>7M]#V#OVP(E][`.&P2' M#8*WLT'0I10RVAV*U)++)$2M"^YK2T#A\),+7'WB;'OWB^W/;N")']=\9'H$ M/C>*=MDE(&3.UQS?@1_*ND^I\GO;(BA'UB8!V425M<6@38(!@3.`O.OGF3@Y ML,A72>C*E->PY2 MWH.C],D$^QP>%3V9S4O,+V55U"!WO85))I'9=5TY9ADU.[DN#_*]%6M+]:WL,IK3 MZDJZ5ZYE)@V'7S&#R1AP!WT^_'L#0"*\RZ1`,8\5M.C.W>].;45CU6_F*HED MBDG-:+N:-P5VYR[;)O5[O[ODEK8(+R6NT+RGL#ME0=ZH8C.+ MDAL9TOHW'Z2NSETY9]EA4!BYLNU=F'%*B>K?B=B"D2PCC(H4/0_%E0\`\OK! M)9@A!OP5V+*0L;"P8^L^@+<%9^7,,BERO(*/T,>SZ+`M`V-X+18I,X(HO.)> M=Q'C(7`X#:/XZ"HD*!BG2TA8WEVY8^M.I6S1"M28;5+$N>F&2F&,8^L^4[@% MB]EFF!1D%D5E.V0R';ONV98R%A8M,0?0!*=Z"^=;\I34(-;@Y4-,BGWL0XZOH71 M#=D$$_3C)?XKI"]=L`9W#DL;8E*2(PMLG]*P,E5QH1H=[Y`:85*&(0NH_&97 MR9(UN,Y8WA*3L@\K2`*93DKU-^? M5,A2X:R54T+W>8V=Z'DQ0?W52X78-,2JDM#8QGYQM,95-BAG2-DF?9Z$W*F"5W%8J[34JR1KFQ3>0F)<2^0E:J M)ZS)U2C9E<9M4FKK&I"`]TZ:Y&X^`XI(3]DTN5W0W5=75J-E_U;&F;3T MV2[4TYLVV,[I94)!H]()7>_OD#+1$.D#OH-\S'"1#]<`/V!U_70?U6E.7*AL M*'MRCTEC`;>$0"!NBL0_^\'ZFS;2E;B\J.XW9/9$7M[BOM`9!@TSFVA3#WM4 MHCU55G-*1C?OF]XPN[^GG@GACJI$_F9QS4DAW?QG.L2L7&L:\BV;0++Y]DBE M=I"C0W,&2G=CR/>*8;G?DCY0LN;3G-!ZW391R2TF):5S@"^>`5:3$)`HJ],) MLNVL,VE.X-!="#W:XWY8>9UH?@6'\K<[\XOI/ERV)2G9#!<9:E!L?\>7'?-H M=+L=5:!25DSW\]4JF5=U/$BDENYK9)D7:V>]YQ_\11WKU(.&]BAK]#QM5..1=T2[SJ57] M;+WV]XEV)3/#H()53\:N_WE;U#CDK8#_\G]02P,$%`````@`PEFO0(N65JY4 M%```'B4!`!@`'`!Z971A:6EI+3(P,3(P,S,Q7VQA8BYX;6Q55`D``[QRLD^\ M7\ZZ._?/>;7W_SV_G\ M'V\_O$?GD;?;D#!%WS.9%24^^DS3-;KX>?XC)9])C'[,VD*LJ>-7QW]"[.-E M3'W\-$/?XR=T^N4,O3P]>\D^O#E]_>:KK]'B>S2?#[[$E\=GZDO\\!1)OGF M,:$UZ<^O"MFSDW]\__[66Y,-GM,P27'H[;5X,S*]L]>O7Y^(7YEH0M\D0O]] MY.%4/(=.NY!2@O]K7HC-^5?SLY?S5V?'CXE_Q.[!K[Z)HX!\("LDKO\F?=J2 M;X\2NMD&W&[QW3HF*[D101R?:HUJ;MBWM?3-K=U%$L??L^C7+R&-*0I^'PNQ;KJD)[%D\Y`F!M\D: MC;Q:0C.O_RI2*.+D`6"E*9/5^$JBC>R'A M_./MT7=E=P*'/LH44443?2IT__5-9L*8/K&>U3(J"?"+4:#:PUKA M9"F\*OI9+#2/%BO56,U..!B M2,BY`-PQC+:"X!8TE"ANXZ(ODA/B'=]'#R<^H1F(V8".+LDI1$-QJ#&T"($_)>SG$!>%1.X')$)CM@D2!V$X\3(O7=XPC,0ZN MV$CF\6_D20O8IBPP8MNF*IY_+HB$)&*B-D$[IM6PN%5`HPU<%2ZF0NZ[71RS M2U[2Q,/!/PF.+T+_G,5[!7B5XF#XU1C@K1\)4.+V+,5\ZO'W:+*/6/<_-K\N`8;-I6O,AY[^C3,`.'`^U$0J!TL=< MQ9[\&4_<5XTVFRB\32/O/[=KS)[0]2[EZ['<$'W'5:<(W8O5.Z'J'`HM)-1F M*%-$%4VK/5P@CX![OP9@DW2%39`V%4N*B><[UJR"#S41,.0W#%.N!/#?[2#Y M,`NAD"E[P%4,2I_N5&A;L"OY_&J7`5:%W[H,&-Z:IC4?9_D[X@)V$'>HC5"8 MDS[F*NCDSWCJ&%<6P&@&_G)9\*C7-%497#)!R\/]\:V&CHY2:,C"I!P74R,W MFUO(KGW)OI,M;^GEP1$L,UF)AWSR)X>%$+>+Y/&MAT:T$C(R5*OQ`H-L/FMF MCNN]M"545\WM0H68T'0&T6-9;@?-+9BHL=S&B(5JA.O5)0UQZ%'&K2BA'45V MO=3M5"SH'5*7`URO4*F("DVK17:CN1;U=LU*]8,!%)7U$"8XA&/7(DE(FACP MJ"$(RIB6D:VAFA!P@@*&MMH%LORI-R&K>.1PX'R'D_4B]/F?B__NZ`,.&'^2 M1?H.Q_$3#>]_Q,%.5T=II@\*95.76@N[3$'4((L/%=496J2HT$9"W1[X#_;. MXQ_(7G4"5[:M%VC@W$$X14MR3\.0/RR6[#)C)O-R_W(3K(^$?:_Q#C+4]8HA MS0C8+X#`!<:;F&PQ]2\>MR1,2%XRH0F$L\PU#K,1O@>?@>-Y+"$H\][BICC4A5%'-WCD4"DX,;4?T*JDH_P'Y9$4]*HD]D(SI"\8FF7HC$3!->5ZT M8QW7&_S$7RDSR%=R!=C$I3*ZE<%R091+.I#*>IN^S20MYPPM3%K)0X\1.'1? MA2EA#S,U1K="`13=2J.;$"D$"W0[T%,SMIU!)-X1']%@0KC1=A96*L`-0'^*!&^/I3MA(XGD'9N`P_T.4DB*Q?""! MV+<(Q\*F@(VNQ)9EW2SHTPHH+_JYU\29T-ZG@[P!E+?@`&G&<&];N%<=*=@: M]@,Z!!DB!K"L&32&4,S*_$)WM+"=+(URC%O9T]`4GBN3=KTFM*K"Q1S=(DUCNMRE8A+B+N(9F=]/CT]/3\]81RU&#USIS^CL=,:^XO^C)'L]$N_2=133GXG_9Q1&Q;=4>"PF MMJ-)WP@U7?\]^.G-D$B$=LMOQG'D;5EO\Q8'?.MHF]4VX[AT(?"E]@=XW5X5 MVB2K]LJX!EA4N']!N+-^L"D*6RK8-K15A%5[A=N1^&MNMR[R:D/O5\T?W8K` MASTY)V+OH2XX%74/=<:E>*L*7ZW2157L`ERY\'WQ>@,.;C#UK\)W>$L9L"N6 MZ98PNI5AUS),G&DM"91*B&NAJQ#E>K/:]AL6%S@.=(N7XRK2R'//(ZTUK3,@PA<6#PG#R2(MOQ=,(;J>W+!5YJW,4W(>3;5 MLO"\W68G)M//=S%[#$T-3=@[L704(&[9N=H;QA5&D994VC MEJ*]P#S1C9&O'WUA*Y<,=D"Y\`4Y MI#&RWH'AB"T[^R56E[`P(">.;[[=-5SSM5L'7TXR*R62JSKU,I*^S*CR$I(3 MA4:F+K0*>23O';F2HB9RSPG6F]*H[^M4O2*"]A3'=U'H\X)M/T]/MVM"^&LM MO-^U)BGU<&!PF&.?5D#/=.SG7GM=)-F MBZYCE&EGB[)\7]!LKWI7"LP&.9A7/I05#^@%#9$?!0&.$[YM3E;7(.F0V"OM MZ4*GOMJG$YJV2)<=$K`HBTN,R=92M$@RB1.=Y,H/?-@KN4*H7L[D1&K5"+G$ M'!7$](Q1XLLN4[*:F)XLR96L,Z0TWI0=MFOI!CI19P6=RHD!Y<@'/0=E99QM M;M=)8<+K!B/LD*.%6%- MY*-+Q5>&\<(DYHUQ$M#N@Q`JT7^3DZOC[(M6T8#:IV6+3(9C#ZE!R>Z,(X>Y(:;(V@#0&F8X<#8N65-Y\!9I6&7 M".#H?'?BR.C83'=\^E07"?HZA[103(75*]:$/*4Z@,]N51:0#ODZHRN[U1 M*I=$^[/$7-AW9R+S8;=-U0*GO6^J'C5PB+]FP0NGC&WY,1$FIYRI=4!1KS.] M"9Q2MC@RQ8UST(:Y4.R=^L8NYCNATT1]-VX.+E.\C.*-*`I[%R6I[&A7A2!H ML6'+R.:C+@60D+!7*]C#4F\B2TU+_3I-76SX3NSBQ*TX6I$DR5[Q7A'>J2HV MWRZX)0J%5S3@=.,23,#;B16)Y9-X"XY9Q*NB\_?B5N5M8,WSGUEXW^+PZ=AN M::"<#/ M63-7W37+!R@ON.`4;\KT[5<:FATP`5LD'<=6*QW?-H:575X)@.$/?^E.J$U) M*\>]J,-S>H"2>LIR[F=%4P\L)F]AML'>HB%#*JM8RJD.(7CTP6.^4)-4E3HO,4)]5C7 M]9P&NU1;%-"E":&"DT]F5E,R2TQ#`DU[-'P?X.%:`7I63+TA,_4^"3 M(V(-DC=F7'D&0^=)?;4;`PSIU8P*IMPZ>.KV[X3>KUF+"P9+?$]^V&V6)+Y> MY2N$S<7![N`P3KN@$\.'WH(F-HOV4-X@REI$UZMR(\M68;4+D6?J^S''^?T( ML_L1K6H\K15$B`"5?0T>E5RZ#Q:G]L=V_VY-4-MS[2;I*%WC%/%\M4O$69W( MPX'']W[C/WJ5HAI)#KBXN9TAG[#QRH:&?`D!\S:8`E\I2.F&-\$,X%<6NPQ4 MC,EDL@(3RXL)H\3GYMK#.,$9V8B3]640?399,=>J`6^YIW6@O?E> M46G!%FW,31`_6)__;I(PMT M5V$Y";KP4OJ0[5;4S9D!C4'/K?1W5C9Z$%@LFD%OG]`+WA*Z"K]`^UGO?6M. M<&\4Y_?>X5+<^CS)0`!+)E.&HA?R[(E_[Y*4QX_D+OI`^$VB`:G-`]U%XS%Z MDLL!GV\QR0UKGT!07H;/P9870NWY6O;S$GL9BL@G:H0E=W=SDB MJ9,6HNA%H?0%/U8GUW-A];2W2X4HGX\I7&)8N%36Q]K9-AO0)N+3=B$>2 M&GGLO6)"4]=R4&B[8A@5"D64:[H4%GHXQ8B#"T^V*D_L M$D>!MF[FJ*!FDSI%`49N$^L?]&*/1-TR@:0.&7*H+*')E6>\J^X2D?HYEW$I MWHG^<*;H&I?4\.NFDP9[-AEUG:Y)O,CN>V5G[UZT4K5AF5MJUPP))AI`>0NH MTH1+)!OBI5]Z62&=JSV_#H1V,Z\+GB[.58\R1^WJW/0X<]+/82):X6GGS(_% MRD)PS]R<:S]\CMV=^'))0QQZ(ZV%Z1IS(=[HG>T9=\K&7)O+'L7YO7>.\],` MP(8\-4$OY):_D4>(GURR&_&!B$,=;W"I!$:T:*$4Z'&@B:R_.JY]6Q9G\1ALF1KFNM>RHV1;D+KH)N_3N` MJJVM@(?P%'#CJO@>A_3G?*.\,(D"ZHM_,)MO&)**]QBO5WGTQ$'Y=H[1IJJC MM`^[.=9(MZ3U7DBEW1FJM2RP7VV;C\;*UO<;`[NQ,N#$#8H&W"#0W;3&)%9K M_ZU16?5,HLTY3;P@2G8Q8=*W]#ZD*^KA,,VK"%F_[H:UY[%>W1UY3-\&^HD< M<%.>3PP;=J,G"7=[4X1.Q1BTMP85YJ!/W"`D+'JN\='"S5>%TE%O_K.)O0>$ MF5'#]"$Q!G+Q;#^=?Q?C,.&S",Q5@ZYAIRKP(EJG(^V%M.K2657)B6X:G$>P MZT]F@&NO01FBS3YW]LPWZJK5D+_""RF.^'F8AI MQ&U,'VA`Q-<^Y04:H<^U^@2L7,O",;`J\Q5GJ3+QVNC9@5'0U'[`'PRKA93\<%@]GJQR MPF0`I56SS0I=]%;`R8D!%8`KEKG1.<`RPA5@C2)+7#3;*X_7+D5BN8F$?+&I M5P[IUPYLE6)/%V4]N5P_JU:LMN!:ZG'"6=#*O2$`;I7N#4*O%9;VRV(=BK9X M:!;^JUAT+I7!>&.)23WRF2'"+)QP<.N1$,`#!# MA22+PTS6A4,,1K3=RJD%,K@HCRN08@40X_GE/X;)EGAT18E_'FTP;4W^5!U5 MZL!B76-Z"S.Y[`Q5I-&G3-XFYB?T`13[73!JX5^/H=R;]TSU._:9_>$G!;%? M_@=02P,$%`````@`PEFO0,7HYZ,:#```W+0``!@`'`!Z971A:6EI+3(P,3(P M,S,Q7W!R92YX;6Q55`D``[QRLD^\!?8_>#VOXSA*^DJ0[,"Y%L:F$R-Q]\X^";1$V]R1*0\I)W'_^B4ER]%% MBCIBRNH`#;1;S:*JZJLBB\4B=?;[R\+I/$%"D8O/N\;!8;<#L>7:",_.N]_& M-[TOW=__^?>_G?VCU_OCXN&V<^5:JP7$7NN?[1^X[@,R2= M[T%?'=;5P?'!YP[[>4.0#=:_=;Z"=>?PPV^=HT/CB/TX/3PY_7C2&7SM]'JE M7_'AP!"_XM/I$?_3&86O=KO/S\_'[Q,B'/@DEG_ MZ/#PN!\V[`8M3U\HBK5^/@[;&OT_OMX^6G.X`#V$J0>P]4K%N\FB,TY.3OK^ M_[*F%)U2G_[6M8#GXY#+5T?8@O^K%S;K\4<]XZAW;!R\4+O+=/#+&7$=^`"G M'?_]I]YZ"<^[%"V6#N?;?S8G<'K>_0$]@!#J<5T>'@<]_!J",\#V-?:0MQ[B MJ4L6/M_=#N_ZV\,P)@#O!EA_K1!%O)'EDB7K]O"_ML5^=XT)"_ MX'YZ@S"#!P%GY`;,7#J`4M_&RO&NV'<-4ERZV(:80OL".-S$'N<0>G0$"'OY M''K(`DXY$50ZKA>%(6-B`0>.!PEF*#_!RKI/]U@OQY>`SF\<]YD.L8T(M+S* M'*=[K('C.^"M"+R?WB\A\=V',I]Z1#/,K-`"S,,LRUTQ%\.SD>L@"T%:3HX2 M[ZE#.M>#S"[78.+`1\^U_IR[CLUF@I(RB'JK@=,1^R]("+3]CLOQE^BCEA%D ML7!Q!9:B'=3`3^"T8_!2U@RC'=2D'^1Q]RROG@U],6ZRIG*'D*!7#&=LT+#Y M1'[")W+CD\_LYO$MF$#!N!^-"DYB?05$.^-Q!`ERV=1>CMD$]8ZY9B,V\2KP M':'?&>=CUP-.*9XCE#OC]@Z6T^^6;G=Z9;,#+*?75\I:N?72G!969DR+2P(I M&[_\.?V6L1%C$+YXD(6*=L@B[Z"^0)^__Y\E@ M0CT">/06=.=PT?V7F$7(S<-`78KL;C3D:W\*Z,2'8$5[,P"6#`K#Z$/'H^$3 M+I71.S0V*[9?-X_-;>PXYA%+A@39#4TCY#6*[8#$^0;$"GMD/U/`QA>8FQ;] MI;]$Z%ESY&QM8DK<12F%ANRX.<)T7,*BM/,NHUA1QJ6[Y!WQM<\R#)AN`YT( M^?>9?X)DXL:<4@^:CQ;$@,T4@Q=$54"-MC>/-&$K1B<'Q03W=8'IZ$)Q(\XW M3)?0\I?Z5^X"("Q#4D1C'C<%S21*`E`E@NP]L*$JV"0(A^RGDF]N&YL?F@*E MJF-&60_!,QHQQE)H'4\0D`@0@G"DR0%ND`/))>-EYA*Y^<=: MFE_V1/79O(=:/]ZYUL<$\"W*Q_5BXCH"?<@A>OK,>M6`$>TB6GH2@@457R2 MZU#%GW:NX@%CP^:LW#A`9/*Q-J;1F)5YCI)3;(=:_JS-D+<)?TDDD]G6-!JS M@E8T[13[H?:_:--^$%L%C-VP9UD+7VE[TVC,XE<1A4P10B1.-"/!HUQU'+:M M36-?UK,2`5X75MD@G/63^Q4[V,10K/C1E[+*X$NR[U&$_'W?HXS]RQ7ZL^Y[ ME$RL-B:N*IY8K6^[0S.&`TJA1Q7&E'C#YNQOQ##)QB_%>DNPXV6'`VSSOZ[9 M'/<$'*8/.O`N`2%KMI;]#IR5;)!5HM>^_9%&+QME56E:`OZ(P"5`]O7+DM?[ M;I*I$K`SVVO?*%$%5\1]L[:WJ@[#^2C&VFG?;%%%+\FU.+]?$#4O4>.V4\QN M$9@@A\6`T*^8CI0=\_''6RM,JJI=-'%31SC=%A"J->X;U,B')>@*?IQ)H'T# MJ0AT`E<7"=:2:7>(/IPRZ43%T[LEU_'CVOFI=$R6C=A MWU0*E##+DB5)2T+W2-E/;F8TT;0).[`E\,P2HS71N6VC@/$10/807X(E8G-% M[%RT.$S/)38-WBHRBLMW*QJ"EBHPE4N3ZCK1KO`NA8/M!7IYK_,J M<+Z]F%Z%8V?+R[W>C[GO\VGH]V/N[\?W"7HQVN4FXM]DE![M5AYS#-$ M::?#!X(.*5T5!CH@:F*A6"&0MV*T)4>9):3\T+4BI?9BL:I0QV5I2TU`)-5> M8OI6H-9>.E8$=S5Y:LLK-@?[`M.VA$I_U5A)L+,$:4MU0$K,W/E:0*&_\JL2 MNJ]"U)8.;AJR:A.U_#Z1QB2\RF":DI,K);B%-<[+[M_FGSF12 M:`=7NB5\$]Z@?>E2+\OGLAMJ3]A+-1X'22B!=F3J<;M_06+]?J=]>`8#:B MT#`9?`$HLMC,<8650-C%++L0V7Q;]&7)I"/L?B&9SQNF`=0]F\&ZU MF$!R/]VDDY*9I'R0:^FWD2/CEIMB-S&FR-ZS M=&5<*5N1[ZFZ]U3=GF'(`CINR2/B/B$V3EZLOU%H#_%VE36PV*(Y.(:1/\X4 M[VRODGNEQ&N/G918VNA.#I9#3&7ITYJDX<#^WXKZGQBF8_7;U%)2[6G0MX)>E(;+ M54?E(:X9AZ?3DB;N!RQD-`E:[:E7W5:3UD=[QYK$;8-,R85,)TVN/?FKVWHR M5=*6_8"TN/?>')+T#8:%K$C0A_9L-T&+E>=7T%)_)//HC) M]->EEX0TVS[R1&U)RNB!+1/7_J!\/RU@"#(R_;>2UFH(>:)6'Q*:L;*.&CP_ MB,-OJ]GN%N?CUFHJQ01O1PU6]H>S M@D^H)M=Z$ILITDT3;E=5#SZ+2M:.SQOMYNMR#;@BM:HA9(A4V\"P](V,\4B\ MEMN![G3L&]A!C1>F+L./B^NNRKL#WHJPZ&F3FG&Q?TDHFF$T11;`WF9/@BEA MY#K(XF'&[H]ED!G`Z,?FH!&FC!$[,"=LCR+:B7S,=XN^TH&Y.OK74OU7B?,K M1"W'I0S^/,C'S,PN'/DB9->L:*]@K,MJ!&.2!GV^75)%S]`6^8A1]-KCW0]@ MT<3%F`!,&?+^4)L_-N61:AEV1$R]FIW*B%&@%^W.K@"#,(%51,J6N6#\FK#= M.Y[R5YX2EZGK<*JXKE0<2$"AW5E2RA3F\43\M\P-HFG<^BZ>W_:I=,%\JG5! M(U=E1F:XLN8-N"L^2T4)T\V1H&5V&]0&C,&+CE7?]N618%;U!J5,*BVC>@8_ M*D.[C$S[^"[7L;C*2"91RSR'CP_(+[?9O>.\OIOG\D)M3M84`L``00E#@``!#D!``#M6G]OVC@8_GLGW7?P\?="H*S=0+13VZVG M2OVEM=M-.ITFDQBPYMC,=@KLT]]K)X8`3AI&=:I.2%7E^'V?]]?CV(Y-__TL M8>B12$4%/VZTFZT&(CP2,>6CX\;GAXO@7>/]R>^_]?\(@J]GGZ[0!Q&E">$: M78/.D)(83:D>HX\_@R^43(E$7S);"$PU.\VW")H7DL9X_AI=XSEJO7F-#EKM M`VCT6MW>X3MT>HV"X)==O&FVRUT<]0[,'[IS+E0T)@E&&LL1T3 M#21S^IW0B`=8$:=NI+%>`(K*AV$F7*BR"KM?K\!PT2BM4*9<:#:5@),S5'"I5P0CCR0(UQ&I@$;G`E+L=M-K!HN`. M$F"MRV$@E'20:J(<+!(IUW*^6E!%HN9(/(:YT.,M2J6$-ZT,ETL]P)A0/P8$ M'G4RB\9^?2/Q`"A_)$K[(9G,`^*81LJ/L2(/1-'(#P"!GQT]GQ#EI<9*?#[T M1)8X`8D'(,FP=*`=A2!=LC"1)'IB8&(9V;$YQ)$.R&S",,=:R/D%/"\J)SA/ M$[^16,O0I!:"4@!:1-)H^5KHIU^)I9>G7>3F89I\U<><"XW-#'72QY,)Y4-A M^E^]ZILWLV>L/P`(F<;G3Y=UIS@;E9O>3WG\D6NJYY=@72;66P-1J&>E1A9' M'DA,AI1;-RUV>$$YS-04LSN1*9\SK%2^LAEZ M:NJ6$W4`["R,0/M<\)APR!*=8696"70_)D2K/45%BA95RHN4U>@.PSJAQT13 MB"SCIXYB.3F=FN2@OUMZ4TK/H M54@,T>V$2)OX_BTJ(^8(&93HYR8PYK$&)O(&MT34R3F M!NM4DMOAVGX+KT3C$;4;,`-7;^`*R?QR.P;J(J8 M4&`4'C+KJR^4W5`4/*"E"^1\[+E=X5;`]](=GN,!(_=:1-_'@L7P$9\S6"8M MY^GM!D_&!LJ-O$9%,WLJBE3G7# MEB2"%^I<["@O]R!EL7^'-"F<;IP<\H4S&+*X?877QS#5 M9O.R',+Y8$\.#;7,""&$O-!T8\MNFL_:6/'-2_=`=,T)K>?AHSB(A'R$U MXM[;FK);ANRBYTI$UDX%Q#P%#A>8KJ!]$'3:S9F*L]BV"6"1U98!.-R6`?CO M;FJZ=@#C\[".M\HKE!*GUJ$7&!*FE>L)EJ9JYUUQ)U$5C`>6MW<)PG?/4R>* M(LX][!2'[]ZH5B!%X.)IEU`VKI?JA+$`V=8N[C>OG>KX7Z*RYBX1K-]CU?'O M,*:QD^_UZZU:SAW(MK9T_]2U;)U9B4FY@C)34]=,A^VCG4*H.2D6W.N=75?? M_=4-IVCEX]+(EM%57A/7&1D.8QJ[C(N-V\9:A5A'[<*-_TIUNR@$OZD*)/]Q MB(VD^C+S=*"TQ.[@.=^E?:N'R'9[]G<7/>BC?'2I26(^3QH(YUK'#2U3LQ>T M6K#UHB)^L+@XE?F%*Z>,F4,SIZM2`%.=&NF?4J03YX2">6^&->Z;_(EN!7PY M^5XX,LZ%TFHUI759,>I$P+R"Y=P7]Q`S]43@F6R0E0H$9$#UA(H:&099+])Z6G7_Y_1T`^S MF1B:_P)02P$"'@,4````"`#"6:]`AGAXBM$6``#UD@``%``8```````!```` MI($`````>F5T86EI:2TR,#$R,#,S,2YX;6Q55`4``[QRLD]U>`L``00E#@`` M!#D!``!02P$"'@,4````"`#"6:]`9I46H#<%```%-@``&``8```````!```` MI($?%P``>F5T86EI:2TR,#$R,#,S,5]C86PN>&UL550%``.\`Q0````(`,)9KT"+EE:N5!0``!XE`0`8`!@` M``````$```"D@<8F``!Z971A:6EI+3(P,3(P,S,Q7VQA8BYX;6Q55`4``[QR MLD]U>`L``00E#@``!#D!``!02P$"'@,4````"`#"6:]`Q>CGHQH,``#F5T86EI:2TR,#$R,#,S,5]P&UL550% M``.\'-D550% K``.\ XML 14 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Common Stock
 3 Months Ended
Mar. 31, 2012
Common Stock [Abstract]  
Common Stock [Text Block]
4. Common Stock

 

The Company is authorized to issue 100,000,000 shares of common stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. During December 2007, the Company issued 5,000,000 shares of its common stock pursuant to a private placement for $50,000.
EXCEL 15 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`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`\ M>#I0#I%>&-E;%=O7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!296=I2!#96YT3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,30R,C$T,SQS<&%N/CPO'0^+2TQ,BTS,3QS<&%N M/CPO'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^>F5T86EI:3QS<&%N M/CPO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^,C`Q,CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$3X-"CPO M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T834X93(Q9%\X-#$Q7S0P,#%? M83%C9E]B-3,R.3%F-V%B,S,-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O M0SHO-&$U.&4R,61?.#0Q,5\T,#`Q7V$Q8V9?8C4S,CDQ9C=A8C,S+U=O'0O:'1M;#L@ M8VAA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%\T834X93(Q9%\X-#$Q7S0P,#%?83%C9E]B-3,R M.3%F-V%B,S,-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-&$U.&4R M,61?.#0Q,5\T,#`Q7V$Q8V9?8C4S,CDQ9C=A8C,S+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAAF%T:6]N M+"!#;VYS;VQI9&%T:6]N(&%N9"!06QE/3-$)W9E3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q M,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE2!!8V-O=6YT:6YG(%-T M86YD87)D2!O'0@='=E;'9E("@Q,BD@;6]N=&AS(&%N9"!B97EO;F0@ M=VEL;"!B92!T;R!A8VAI979E(&QO;F2!O3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT M.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E3L@;6%R9VEN M.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L M('-E2!D96=R964@;V8@8V5R M=&%I;G1Y('1H92!C87!I=&%L(')E<75I6EN9R!F:6YA;F-I86P@2!A;F0@8VQA3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R M;VUA;BP@=&EM97,L('-E6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@ M9F]N=#H@,3!P="!T:6UE3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I M;65S(&YE=R!R;VUA;BP@=&EM97,L('-E3L@;6%R9VEN.B`P<'0@,'!X M.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@ M9F]N=#H@,3!P="!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE3L@;6%R9VEN.B`P M<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E M3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R M;VUA;BP@=&EM97,L('-E&5S/"]B/CPO<#X- M"CQP('-T>6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE'!E M8W1E9"!F=71U"!R971UF5D('1O(')E9'5C92!T:&4@;F5T(&1E9F5R"!A2!T M:&%N(&YO="!T;R!B92!R96%L:7IE9"X\+W`^#0H\<"!S='EL93TS1"=T97AT M+6%L:6=N.B!J=7-T:69Y.R!M87)G:6XZ(#!P="`P<'@[(&9O;G0Z(#$P<'0@ M=&EM97,@;F5W(')O;6%N+"!T:6UE3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`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`@ M3L@;6%R9VEN.B`P<'0@,'!X M.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L('-E3L@;6%R9VEN M.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM97,L M('-E3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE M=R!R;VUA;BP@=&EM97,L('-E3L@;6%R M9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R;VUA;BP@=&EM M97,L('-E3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S M(&YE=R!R;VUA;BP@=&EM97,L('-E6QE/3-$)W1E>'0M M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T M:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@9F]N=#H@,3!P="!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&IU M#L@9F]N=#H@,3!P="!T:6UE28C.#(Q-SMS M(')E3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%\T834X93(Q9%\X-#$Q7S0P,#%?83%C9E]B-3,R.3%F-V%B M,S,-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-&$U.&4R,61?.#0Q M,5\T,#`Q7V$Q8V9?8C4S,CDQ9C=A8C,S+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R6%B;&4L(%-T;V-K:&]L9&5R2!46QE/3-$)W9E6QE/3-$)VUA#L@9F]N=#H@ M,3!P="!T:6UE3LG/CQB/B8C,38P.SPO8CX\+W`^#0H\<"!S='EL93TS1"=M M87)G:6XZ(#!P="`P<'@[(&9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T M:6UE'0M86QI9VXZ(&IU6QE/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE3LG/B8C,38P.SPO<#X-"CQP('-T>6QE M/3-$)VUA#L@9F]N=#H@,3!P="!T:6UE3LG/D1U2!I3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T834X M93(Q9%\X-#$Q7S0P,#%?83%C9E]B-3,R.3%F-V%B,S,-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO-&$U.&4R,61?.#0Q,5\T,#`Q7V$Q8V9?8C4S M,CDQ9C=A8C,S+U=O'0O:'1M;#L@8VAA2!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&5X=#X\6QE M/3-$)W9E6QE/3-$)VUA"`P<'0@,"XU:6X[(&9O;G0Z(#$P<'0@=&EM97,@;F5W(')O;6%N+"!T:6UE M'0M86QI9VXZ(&IU2!B92!D971E7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0@0FQO8VM=/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&5X=#X\=&%B;&4@'0M86QI9VXZ(&IU2!T:&4@0F]A'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA"!$:7-C;&]S=7)E M(%M!8G-T"!$:7-C;&]S=7)E(%M497AT($)L;V-K73PO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'1A8FQE('-T>6QE/3-$ M)VUA6QE/3-$)W=I M9'1H.B`P+C(U:6X[)SX\8CXU+CPO8CX\+W1D/@T*/'1D('-T>6QE/3-$)W1E M>'0M86QI9VXZ(&IU3L@;6%R9VEN.B`P<'0@,'!X.R!F;VYT.B`Q,'!T('1I;65S(&YE=R!R M;VUA;BP@=&EM97,L('-E6QE/3-$)W1E>'0M86QI9VXZ(&IU#L@ M9F]N=#H@,3!P="!T:6UE2!O9F9S970@=&AEF%T:6]N(&]F('1H92!R96QA M=&5D(&EN8V]M92!T87@@8F5N969I="!I7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&5X=#X\=&%B;&4@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\>&UL M('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC'1087)T I7S1A-3AE,C%D7S@T,3%?-#`P,5]A,6-F7V(U,S(Y,68W86(S,RTM#0H` ` end XML 16 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Preferred Stock
 3 Months Ended
Mar. 31, 2012
Equity [Abstract]  
Preferred Stock [Text Block]
3. Preferred Stock

 

The Company is authorized to issue 10,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors.
XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Balance Sheets (USD $)
Mar. 31, 2012
Mar. 31, 2011
Assets    
Cash and cash equivalents $ 23,743 $ 4,220
Prepaid expenses 625 2,500
Total assets 24,368 6,720
Liabilities and stockholders' deficit    
Accounts payable 3,816 2,927
Accrued interest 7,455 6,324
Accrued expenses 1,500 5,500
Notes payable, stockholders 85,000 60,000
Total liabilities 97,771 74,751
Stockholders' deficit    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 5,000,000 shares issued and outstanding 500 500
Additional paid-in capital 49,500 49,500
Deficit accumulated during the development stage (123,403) (118,031)
Total stockholders' deficit (73,403) (68,031)
Total liabilities and stockholders' deficit $ 24,368 $ 6,720
XML 18 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Nature of Operations and Significant Accounting Policies
 3 Months Ended
Mar. 31, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]
1. Nature of Operations and Significant Accounting Policies

 

Nature of Operations

 

Zeta Acquisition Corp. III (the "Company") was incorporated under the laws of the State of Delaware on November 16, 2007. The Company is a new enterprise in the development stage as defined by Accounting Standards Codification ("ASC") Topic 915, Development Stage Entities. The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The Company's principal business objective for the next twelve (12) months and beyond will be to achieve long-term growth potential through a combination with a business. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

 

Liquidity

 

Since its inception, the Company has generated no revenues and has incurred a net loss of $123,403. Since inception, the Company has been dependent upon the receipt of capital investment or other financing to fund its continuing activities. The Company has not identified any business combination and therefore, cannot ascertain with any degree of certainty the capital requirements for any particular transaction. In addition, the Company is dependent upon certain related parties to provide continued funding and capital resources. The accompanying financial statements have been presented on the basis of the continuation of the Company as a going concern and do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

Use of Estimates

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.

 

Cash and Cash Equivalents

 

For purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three (3) months or less to be cash equivalents.

 

Income Taxes

 

The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes, which requires the recognition of deferred tax liabilities and assets at currently enacted tax rates for the expected future tax consequences of events that have been included in the financial statements or tax returns.  A valuation allowance is recognized to reduce the net deferred tax asset to an amount that is more likely than not to be realized.

 

Fair Value of Financial Instruments

 

Pursuant to ASC Topic 820-10, Fair Value Measurements and Disclosures, the Company is required to estimate the fair value of all financial instruments included on its balance sheet as of March 31, 2012. The Company considers the carrying value of cash and cash equivalents, prepaid expenses, accounts payable, accrued expenses, and notes payable, stockholders to approximate fair value due to their short maturity.

 

Net Loss Per Share

 

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding for the period. The Company currently has no dilutive securities and as such, basic and diluted loss per share are the same for all periods presented.

 

Interim Financial Statements

 

The unaudited interim financial information included in this report reflects normal recurring adjustments that management believes are necessary for a fair statement of the results of operations, financial position, and cash flows for the periods presented. This interim information should be read in conjunction with the financial statements and accompanying notes contained in the Company′s Form 10-K filed March 30, 2012.

 

The results of operations for the three months ended March 31, 2012 are not necessarily indicative of the results to be expected for other interim periods or the full year.

 

Reclassifications

 

Certain items in the March 31, 2011 financial statements have been reclassified to conform to current period presentation, with no effect on net loss or stockholders' deficit.

 

Recently Issued Accounting Pronouncements

 

Management does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.
XML 19 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 20 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Payable, Stockholders
 3 Months Ended
Mar. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
2. Notes Payable, Stockholders

 

During 2012, various stockholders loaned the Company $25,000 and were issued unsecured promissory notes which bear interest at 6% and are due on demand. Similar stockholder loans amounted to $35,000 during 2010 and $25,000 during 2009. Interest of $7,455 was accrued and unpaid at March 31, 2012.

 

During 2007, the Company issued an unsecured promissory note to a stockholder and officer of the Company in the amount of $10,000. The note was non-interest bearing and was repaid from the proceeds of the sale of common stock.
XML 21 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Balance Sheets [Parenthetical] (USD $)
Mar. 31, 2012
Mar. 31, 2011
Preferred stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Preferred stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 5,000,000 5,000,000
Common stock, shares outstanding 5,000,000 5,000,000
XML 22 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
 3 Months Ended
Mar. 31, 2012
May 15, 2012
Entity Registrant Name ZETA ACQUISITION CORP III  
Entity Central Index Key 0001422143  
Current Fiscal Year End Date --12-31  
Entity Filer Category Smaller Reporting Company  
Trading Symbol zetaiii  
Entity Common Stock, Shares Outstanding   5,000,000
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Mar. 31, 2012  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2012  
XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statements of Operations (USD $)
 3 Months Ended 52 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Operating expenses:      
Formation costs $ 0 $ 0 $ 15,643
General and administrative 4,241 4,266 100,305
Operating loss (4,241) (4,266) (115,948)
Interest expense 1,131 888 7,455
Net loss $ (5,372) $ (5,154) $ (123,403)
Net loss per basic and diluted common share (in dollars per share) $ 0 $ 0 $ (0.03)
Weighted-average number of common shares outstanding (in shares) 5,000,000 5,000,000 4,912,336
XML 24 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitment
 3 Months Ended
Mar. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Commitments Disclosure [Text Block]
6. Commitment

 

The Company utilizes the office space and equipment of an officer and director at no cost on a month-to-month basis. Management estimates such amounts to be di minimis.
XML 25 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statements of Cash Flows (USD $)
 3 Months Ended 52 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Operating activities      
Net loss $ (5,372) $ (5,154) $ (123,403)
Adjustments to reconcile net loss to net cash used in operating activities:      
Decrease (increase) in prepaid expenses 1,875 1,875 (625)
Increase in accounts payable 889 1,140 3,816
Increase in accrued interest 1,131 888 7,455
Increase (decrease) in accrued expenses (4,000) (1,013) 1,500
Net cash used in operating activities (5,477) (2,264) (111,257)
Financing activities      
Proceeds from notes payable, stockholders 25,000 0 95,000
Payments on notes payable, stockholders 0 0 (10,000)
Proceeds from issuance of common stock 0 0 50,000
Net cash provided by financing activities 25,000 0 135,000
Net increase (decrease) in cash and cash equivalents 19,523 (2,264) 23,743
Cash and cash equivalents at beginning of period 4,220 26,898 0
Cash and cash equivalents at end of period $ 23,743 $ 4,220 $ 23,743
XML 26 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes
 3 Months Ended
Mar. 31, 2012
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]
5. Income Taxes

 

The Company has approximately $41,900 in gross deferred tax assets at March 31, 2012 resulting from capitalized start-up costs and net operating losses. A valuation allowance has been recorded to fully offset these deferred tax assets as the future realization of the related income tax benefit is uncertain.
XML 27 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 9 56 1 false 0 0 false 3 false false R1.htm 001 - Document - Document and Entity Information Sheet http://www.zetaacquisitioncorpiii.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 002 - Statement - Condensed Balance Sheets Sheet http://www.zetaacquisitioncorpiii.com/role/StatementOfFinancialPositionClassified Condensed Balance Sheets false false R3.htm 003 - Statement - Condensed Balance Sheets [Parenthetical] Sheet http://www.zetaacquisitioncorpiii.com/role/CondensedBalanceSheetsParenthetical Condensed Balance Sheets [Parenthetical] false false R4.htm 004 - Statement - Condensed Statements of Operations Sheet http://www.zetaacquisitioncorpiii.com/role/StatementOfIncomeAlternative Condensed Statements of Operations false false R5.htm 005 - Statement - Condensed Statements of Cash Flows Sheet http://www.zetaacquisitioncorpiii.com/role/StatementOfCashFlowsIndirect Condensed Statements of Cash Flows false false R6.htm 006 - Disclosure - Nature of Operations and Significant Accounting Policies Sheet http://www.zetaacquisitioncorpiii.com/role/NatureOfOperationsAndSignificantAccountingPolicies Nature of Operations and Significant Accounting Policies false false R7.htm 007 - Disclosure - Notes Payable, Stockholders Notes http://www.zetaacquisitioncorpiii.com/role/NotesPayableStockholders Notes Payable, Stockholders false false R8.htm 008 - Disclosure - Preferred Stock Sheet http://www.zetaacquisitioncorpiii.com/role/PreferredStock Preferred Stock false false R9.htm 009 - Disclosure - Common Stock Sheet http://www.zetaacquisitioncorpiii.com/role/CommonStock Common Stock false false R10.htm 010 - Disclosure - Income Taxes Sheet http://www.zetaacquisitioncorpiii.com/role/IncomeTaxes Income Taxes false false R11.htm 011 - Disclosure - Commitment Sheet http://www.zetaacquisitioncorpiii.com/role/Commitment Commitment false false All Reports Book All Reports Process Flow-Through: 002 - Statement - Condensed Balance Sheets Process Flow-Through: Removing column 'Dec. 31, 2011' Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: Removing column 'Nov. 15, 2007' Process Flow-Through: 003 - Statement - Condensed Balance Sheets [Parenthetical] Process Flow-Through: 004 - Statement - Condensed Statements of Operations Process Flow-Through: 005 - Statement - Condensed Statements of Cash Flows zetaiii-20120331.xml zetaiii-20120331.xsd zetaiii-20120331_cal.xml zetaiii-20120331_def.xml zetaiii-20120331_lab.xml zetaiii-20120331_pre.xml true true