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CONVERTIBLE PREFERRED STOCK AND WARRANTS (Details) | 12 Months Ended
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Dec. 31, 2015 USD ($)
Proceeds allocated | $ 7,000,000
Expenses allocated | 1,060,520
Series A Preferred Stock [Member] |
Proceeds allocated | 2,616,250
Expenses allocated | 396,369
Investor Warrants [Member] |
Proceeds allocated | 4,383,750
Expenses allocated | $ 664,151

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- Definition The after-tax amount of any dividends on convertible preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1505-109256 + Details
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- Definition Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholder, which takes precedence over common stockholders in the event of liquidation and from issuance of rights to purchase common shares at a predetermined price. + References No definition available. + Details
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- Details
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- Details
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