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GENERAL AND ADMINISTRATIVE EXPENSES (Tables)

6 Months Ended

Jun. 30, 2012

GENERAL AND ADMINISTRATIVE EXPENSES [Abstract]

Schedule of General and Administrative Expenses

		US dollars
		Six month period ended June 30,								Three month period ended June 30,								Year ended December 31,												Cumulative period from September 30, 2001 (date of inception) through June 30,
		2012				2011				2012				2011				2011				2010				2009				2012
		(unaudited)								(unaudited)																				(unaudited)
Salaries and related expenses			137,194				84,161				70,852				41,192				162,221				55,995				55,131				565,158
Professional fees			223,758				96,962				118,537				26,035				336,308				365,398				52,270				1,714,781
Other			87,596				73,613				56,224				21,871				45,616				36,102				57,755				330,343
			448,548				254,736				245,613				89,098				544,145				457,495				165,156				2,610,282

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Tabular disclosure of general and administrative expenses.

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