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FINANCING (INCOME) EXPENSES, NET (Tables)

6 Months Ended

Jun. 30, 2012

FINANCING (INCOME) EXPENSES, NET [Abstract]

Schedule of Financing (Income) Expenses, Net

		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)
Linkage difference on principal of loans from stockholders			5,869				8,579				3,485				4,628				24,934				15,909				10,617				182,918
Exchange rate differences			3,950				8,728				3,125				14,915				(4,638	)			(51,844	)			18,210				220,063
Stock-based interest compensation to holders of convertible notes (see Note 10C)			-				-				-				-				-				1,214,943				-				1,214,943
Interest expenses on credit from banks and other			3,567				3,764				1,285				385				10,597				17,987				3,205				(22,906	)
Interest expenses and other, related to convertible notes			-				-				-				-				-				200,812				-				200,812
Change in the fair value of warrants with round-down protection			(43,051	)			-				(24,512	)			-				-				-				-				(24,512	)
			(29,665	)			21,071				(16,617	)			19,928				30,893				1,397,807				32,032				1,771,318