Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENT AND DERIVATIVES (Reconciliation of Conversion Option Liability) (Details)

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FAIR VALUE MEASUREMENT AND DERIVATIVES (Reconciliation of Conversion Option Liability) (Details)
 9 Months Ended
Sep. 30, 2016
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Fair value beginning of period $ 1,067,989
Net unrealized (Gain)/Loss on derivatives (724,415)
Purchases and issuances (Sales and settlements) (46,936)
Fair value, end of period 296,638
Changes in unrealized losses, included in income on instruments held at end of period (724,415)
Preferred stock embedded conversion feature [Member]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Fair value beginning of period 376,065
Net unrealized (Gain)/Loss on derivatives (233,700)
Purchases and issuances (Sales and settlements) 24,538
Fair value, end of period 166,903
Changes in unrealized losses, included in income on instruments held at end of period (233,700)
Anti-dilution provision in common stock warrants included with preferred stock [Member]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Fair value beginning of period 51,203
Net unrealized (Gain)/Loss on derivatives (44,826)
Purchases and issuances (Sales and settlements) 54,501
Fair value, end of period 60,878
Changes in unrealized losses, included in income on instruments held at end of period (44,826)
Debenture embedded conversion feature [Member]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Fair value beginning of period 560,778
Net unrealized (Gain)/Loss on derivatives (389,632)
Purchases and issuances (Sales and settlements) (125,975)
Fair value, end of period 45,171
Changes in unrealized losses, included in income on instruments held at end of period (389,632)
Anti-dilution provision in common stock warrants included with debentures [Member]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Fair value beginning of period 79,943
Net unrealized (Gain)/Loss on derivatives (56,257)
Purchases and issuances (Sales and settlements)
Fair value, end of period 23,686
Changes in unrealized losses, included in income on instruments held at end of period $ (56,257)