Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT

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STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)
Total
Preferred Stock [Member]
Receipts on Account of Shares [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
BALANCE at Dec. 31, 2013 $ (596,822) $ 8,562   $ 72,444 $ 88,543 $ (766,371)
BALANCE (Share) at Dec. 31, 2013   3,000,000 0 27,000,000    
CHANGES DURING THE YEAR ENDED            
Issuance of ordinary shares, net of issuance expenses 273,840 $ 0   $ 17,048 256,792 0
Issuance of ordinary shares, net of issuance expenses (Share)   0 0 6,352,200    
Proceeds on account of ordinary shares 57,356 $ 0     0 0
Proceeds on account of ordinary shares (Shares)   0 57,356 0    
Loss for the year (322,067) $ 0     0 (322,067)
BALANCE at Dec. 31, 2014 (587,693) $ 8,562   $ 89,492 345,335 (1,088,438)
BALANCE (Share) at Dec. 31, 2014   3,000,000 57,356 33,352,200    
CHANGES DURING THE YEAR ENDED            
Issuance of ordinary shares, net of issuance expenses 659,485 $ 0   $ 62,395 597,090 0
Issuance of ordinary shares, net of issuance expenses (Share)   0 0 24,479,800    
Ordinary shares issued, for previous receipts for shares 0 $ 0   $ 355 57,001 0
Ordinary shares issued, for previous receipts for shares (Shares)   0 (57,356) 123,900    
Stock-based compensation 219,239 $ 248   $ 2,539 216,452 0
Stock-based compensation (Shares)   96,195 0 1,000,000    
Loss for the year (818,541) $ 0   $ 0 0 (818,541)
BALANCE at Dec. 31, 2015 (527,510) $ 8,810   $ 154,781 1,215,878 (1,906,979)
BALANCE (Share) at Dec. 31, 2015   3,096,195 0 58,955,900    
CHANGES DURING THE YEAR ENDED            
Issuance of ordinary shares, net of issuance expenses 566,569 $ 0   $ 11,669 554,900 0
Issuance of ordinary shares, net of issuance expenses (Share)   0 0 4,518,406    
Stock-based compensation 161,430 $ 614   $ 0 160,816 0
Stock-based compensation (Shares)   237,276 0 0    
Exercise of stock options $ 273 $ 0   $ 273 0 0
Number of Options, Exercised 103,428 0 0 103,428    
Stock-based compensation for consulting services $ 48,750 $ 0   $ 0 48,750 0
Loss for the year (653,461) 0   0 0 (653,461)
BALANCE at Dec. 31, 2016 $ (403,949) $ 9,424   $ 166,723 $ 1,980,344 $ (2,560,440)
BALANCE (Share) at Dec. 31, 2016   3,333,471 0 63,577,734