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

GENERAL AND ADMINISTRATIVE EXPENSES

v3.7.0.1
GENERAL AND ADMINISTRATIVE EXPENSES
 12 Months Ended
Dec. 31, 2016
General And Administrative Expenses [Abstract]  
General and Administrative Expenses [Text Block]
NOTE 13 – GENERAL AND ADMINISTRATIVE EXPENSES
 
 
 
Year ended December 31
 
 
 
2016
 
2015
 
2014
 
 
 
US Dollars
 
 
 
 
 
 
 
 
 
Salaries and related expenses
 
 
45,717
 
 
12,328
 
 
-
 
Stock-based compensation
 
 
162,124
 
 
219,239
 
 
-
 
Rent and maintenance
 
 
4,937
 
 
6,208
 
 
26,715
 
Office
 
 
4,827
 
 
3,995
 
 
3,697
 
Communication and investor relations
 
 
9,622
 
 
16,945
 
 
1,126
 
Professional fees (*)
 
 
156,268
 
 
193,794
 
 
22,522
 
Vehicle
 
 
22,343
 
 
-
 
 
-
 
Other
 
 
5,144
 
 
4,448
 
 
10,312
 
(*) includes listing expenses
 
 
410,982
 
 
456,957
 
 
64,372