SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Nov. 12, 2015 |
Jul. 22, 2015 |
Dec. 31, 2015
USD ($)
shares
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Dec. 31, 2014
USD ($)
shares
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Dec. 31, 2013
USD ($)
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| Cash held in banks | $ 1,012 | $ 265,374 | |||
| Revenue from engineering services agreements | $ 20,000 | ||||
| Stock split ratio | 0.34 | ||||
| Total dilutive shares | shares | 103,750 | 0 | |||
| Research and development expenses | $ 1,423,769 | $ 565,431 | |||
| Common Stock [Member] | |||||
| Stock split ratio | 7 | ||||
| Precision CNC [Member] | |||||
| Research and development expenses | $ 160,601 | $ 110,814 | |||
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revenue derived from providing environmental engineering and consulting; environmental testing and analysis; and remediation services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Ratio applied to the conversion of stock split, for example but not limited to, one share converted to two or two shares converted to one. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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