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GENERAL AND ADMINISTRATIVE EXPENSES

12 Months Ended

Dec. 31, 2011

GENERAL AND ADMINISTRATIVE EXPENSES [Abstract]

GENERAL AND ADMINISTRATIVE EXPENSES

NOTE 12 - GENERAL AND ADMINISTRATIVE EXPENSES

		US dollars
		Year ended December 31,												Cumulative period from September 30, 2001 (date of inception) through December 31
		2011				2010				2009				2011
Salaries and related expenses			162,221				55,995				55,131				430,756
Professional fees			336,308				365,398				52,270				1,491,023
Other			45,616				36,102				57,755				239,955
			544,145				457,495				165,156				2,161,734

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- Definition

Disclosure of general and administrative (or similar) expenses.

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No definition available.

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