Combination in the Event that the GFA Merger is not Completed
If we are unable to complete the GFA merger for any reason, we intend to continue the process of identifying and evaluating prospective businesses for an alternate business combination. Our liabilities incurred in connection with the GFA merger and our other operating activities currently exceed the funds available to us by approximately $4.4 million as of December 31, 2006. The funds in our trust account from our initial public offering consist of the net offering proceeds, plus interest (other than $750,000 we were permitted to use as working capital). None of these trust funds are available to us to pursue...
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