FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FROST PHILLIP MD ET AL 		2. Issuer Name and Ticker or Trading Symbol

Ideation Acquisition Corp. [ IDI ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

4400 BISCAYNE BOULEVARD 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/26/2007
(Street)

MIAMI, FL 33137
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/26/2007     P    150000   A   (1) 1509000   (2) I   By Frost Gamma Investments Trust   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant   $6.00   11/26/2007     P     150000         (4)   (5) Common Stock   150000     (1) 1470000   (6) I   By Frost Gamma Investments Trust   (3)

Explanation of Responses:
( 1)  The Common Stock and Warrants were purchased together in the form of Units, each Unit consists of one share of Common stock and one Warrant, for $8.00 per Unit.
( 2)  This amount includes the 1,359,000 shares of Common Stock previously reported in the Form 3 jointly filed by Frost Gamma Investments Trust and Phillip Frost MD on November 19, 2007. (An additional Form 3 for Frost Gamma Investments Trust was inadvertently filed on November 19, 2007 erroneously reporting the acquisitions as occurring on November 15, 2007 (SEC Accession No. 0001209191-07-065075). A request to have this additional Form 3 deleted has been made with the Securities and Exchange Commission. To the extent this additional Form 3 is not deleted by the Securities and Exchange Commission, it should be disregarded.)
( 3)  The securities are held by Frost Gamma Investments Trust, of which Phillip Frost M.D., is the trustee. Frost Gamma L.P. is the sole and exclusive beneficiary of Frost Gamma Investments Trust. Dr. Frost is one of two limited partners of Frost Gamma L.P. The general partner of Frost Gamma L.P. is Frost Gamma, Inc., and the sole shareholder of Frost Gamma, Inc. is Frost-Nevada Corporation. Dr. Frost is also the sole shareholder of Frost-Nevada Corporation. The reporting person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
( 4)  The warrants become exercisable upon the later of the consummation by the issuer of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination, as described in the issuer's prospectus, filed with the Securities and Exchange Commission on November 19, 2007, or November 19, 2008.
( 5)  The warrants will expire at 5:00 pm, New York City Time, on November 19, 2011 or earlier upon redemption.
( 6)  This amount includes the 1,320,000 Warrants previously reported in the Form 3 jointly filed by Frost Gamma Investments Trust and Phillip Frost MD on November 19, 2007. (An additional Form 3 for Frost Gamma Investments Trust was inadvertently filed on November 19, 2007 erroneously reporting the acquisitions as occurring on November 15, 2007 (SEC Accession No. 0001209191-07-065075). A request to have this additional Form 3 deleted has been made with the Securities and Exchange Commission. To the extent this additional Form 3 is not deleted by the Securities and Exchange Commission, it should be disregarded.)

Remarks:
Exhibit 99 - Joint Filer Information

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FROST PHILLIP MD ET AL
4400 BISCAYNE BOULEVARD
MIAMI, FL 33137 		X X

Frost Gamma Investment Trust
4400 BISCAYNE BOULEVARD
MIAMI, FL 33137
X


Signatures
/s/ Phillip Frost MD 11/28/2007
** Signature of Reporting Person Date

/s/ Phillip Frost MD, as trustee 11/28/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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