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

COMMON STOCK, PREFERRED STOCK AND WARRANTS (Schedule of Warrants Outstanding) (Details)

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COMMON STOCK, PREFERRED STOCK AND WARRANTS (Schedule of Warrants Outstanding) (Details) - USD ($)
 12 Months Ended
Jul. 02, 2014
Dec. 31, 2015
Sep. 23, 2015
Class of Warrant or Right [Line Items]      
Number of warrants 415,000    
Exercise price of warrants $ 2.45   $ 0.21
Average remaining term in years 5 years    
Aggregate fair value $ 1,088,839    
Warrants issued in connection with issuance of Debentures [Member]      
Class of Warrant or Right [Line Items]      
Number of warrants   415,000  
Exercise price of warrants   $ 2.45  
Average remaining term in years   7 months 2 days  
Aggregate fair value   $ 435,750  
Warrants issued in connection with issuance of Preferred Stock [Member]      
Class of Warrant or Right [Line Items]      
Number of warrants   961,538  
Exercise price of warrants   $ 0.5  
Average remaining term in years   4 years 11 months 12 days  
Aggregate fair value   $ 125,000