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

FINANCING (INCOME) EXPENSES, NET (Details)

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FINANCING (INCOME) EXPENSES, NET (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Fair Value Adjustment of Warrants $ 117,577 $ 35,188 $ 0
Adjustment of Warrants Granted for Services 34,272 23,233 0
Exchange rate differences and other finance costs 7,877 (484) (78,779)
Financing (income) expenses, net $ (75,428) $ (12,439) $ (78,779)