Transition report pursuant to Rule 13a-10 or 15d-10

FAIR VALUE MEASUREMENT AND DERIVATIVES (Narrative) (Details)

v3.3.1.900
FAIR VALUE MEASUREMENT AND DERIVATIVES (Narrative) (Details) - USD ($)
12 Months Ended
Nov. 17, 2015
Jul. 02, 2014
Dec. 31, 2015
Dec. 31, 2014
Sep. 23, 2015
Derivative Liabilities     $ 1,067,989    
Class of Warrant or Right, Outstanding   415,000      
Warrants and Rights Outstanding   $ 1,088,839      
Unrealized loss on derivatives     1,513,556  
Loss on derivative liability   $ 340,978 $ 131,530  
Term of warrants   5 years      
Conversion price of warrants   $ 2.45     $ 0.21
Dividend yield     0.00%    
Minimum [Member]          
Volatility     42.33%    
Risk free rate     0.49%    
Expected term     7 months 6 days    
Maximum [Member]          
Volatility     52.08%    
Risk free rate     1.76%    
Expected term     5 years    
Series A Convertible Preferred Stock [Member]          
Convertible preferred stock issued during period $ 500,000        
Convertible preferred stock dividend rate percentage 6.00%        
Convertible preferred stock term 2 years        
Convertible preferred stock conversion price per share $ 0.26        
Term of warrants 5 years        
Conversion price of warrants $ 0.5