INCOME TAX (Tables)

7 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The Company’s net deferred tax assets are as follows:

	December 31,
	2014
Deferred tax asset
Net operating loss carryforward	$	64,448
Total deferred tax assets		64,448
Valuation Allowance		(64,448)
Deferred tax asset, net of allowance	$	—

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The income tax provision (benefit) consists of the following:

	For the Period
	from May 30,
	2014
	(inception)
	through
	December 31,
	2014
Federal
Current	$	—
Deferred		(48,120)
State and Local
Current		—
Deferred		(16,328)
Change in valuation allowance		64,448
Income tax provision (benefit)	$	—

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the federal income tax rate to the Company’s effective tax rate at December 31, 2014 is as follows:

	For the Period
	from May 30,
	2014
	(inception)
	through
	December 31,
	2014
Statutory federal income tax rate		(34.0)	%
State taxes, net of federal tax benefit		(11.5)	%
Change in valuation allowance		45.5	%
Income tax provision (benefit)		0.0	%