Below please find excerpts from 2018 annual report submitted to NASDAQ

Risks No assets, No operations, No experience
We are a newly formed company that has conducted no operations and has generated no revenues. Until we complete
our initial business combination, we will have no operations and will generate no operating revenues
Employees No employees
We have two executive officers. These individuals are not obligated to devote any specific number of hours to our
matters and intend to devote only as much time as they deem necessary to our affairs. We presently expect our
executive officers to devote an average of approximately 10 hours per week to our business. We do not intend to
have any full time employees prior to the consummation of our initial business combination.
Conditions to completing our initial business combination No deal since value is less than threshold
Fair Market Value of Target Business has never been evaluated…will be substantially less than $161m
"Pursuant to Nasdaq listing rules, our initial business combination must occur with one or more target businesses
having an aggregate fair market value equal to at least 80% of the value of the funds in the trust account, which we
refer to as the 80% test, at the time of the execution of a definitive agreement for our initial business combination.
Therefore, the fair market value of the target business will be calculated prior to any conversions of our shares in
connection with a business combination and therefore will be a minimum of $161,000,000 in order to satisfy the
80% test."
Stockholder Approval of Business Combination (needed shareholder approval prior to submission of the bid)
"In connection with any proposed business combination, we will either (1) seek stockholder approval of our initial
business combination at a meeting called for such purpose at which public stockholders (but not our insiders, officers
or directors) may seek to convert their shares of common stock, regardless of whether they vote for or against the
proposed business combination, into a portion of the aggregate amount then on deposit in the trust account, or (2)
provide our stockholders with the opportunity to sell their shares to us by means of a tender offer (and therefore avoid
the need for a stockholder vote) for an amount equal to their pro rata share of the aggregate amount then on deposit in
the trust account, in each case subject to the limitations described herein."
Liquidation if No Business Combination will liquidate in 3 months
"If we do not complete a business combination by December 1, 2019, we will (i) cease all operations except for the
purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter,
redeem 100% of the outstanding public shares and (iii) as promptly as reasonably possible following such
redemption, subject to the approval of our remaining stockholders and our board of directors, dissolve and liquidate”
Contractual obligations company does not even have an office, using Vadim Komisarov’s address and service
An agreement to pay VK Consulting an aggregate monthly fee of $7,500 for office space, secretarial and
administrative services provided to the Company.