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FINANCING (INCOME) EXPENSES, NET | 9 Months Ended
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Sep. 30, 2014
FINANCING (INCOME) EXPENSES, NET [Abstract] |
FINANCING (INCOME) EXPENSES, NET | NOTE 5 – FINANCING (INCOME) EXPENSES, NET
|  | US dollars |
|  | Nine month period ended September 30, |  |  | Three month period ended September 30, |  |  | Cumulative period from September 30, 2001 (date of inception) through September 30, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |  |  | 2014 |
|  | (unaudited) |
Israeli CPI linkage difference on principal of loans from stockholders |  |  | 666 |  |  |  | 14,903 |  |  |  | 2,024 |  |  |  | 3,336 |  |  |  | 201,946 |
Exchange rate differences |  |  | (3,724 | ) |  |  | 92,025 |  |  |  | - |  |  |  | 30,525 |  |  |  | 343,135 |
Warrants with down round protection |  |  | (6,384,895 | ) |  |  | (141,357 | ) |  |  | (91,190 | ) |  |  | (72,714 | ) |  |  | (169,545 | )
Issuance cost allocated to warrants with down-round protection |  |  | 40,555 |  |  |  | 390,928 |  |  |  | 40,555 |  |  |  | - |  |  |  | 431,483 |
Stock-based interest compensation to holders of convertible notes |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,214,943 |
Interest expenses on credit from banks and other |  |  | (8,243 | ) |  |  | 16,547 |  |  |  | (12,509 | ) |  |  | 11,325 |  |  |  | (9,764 | )
Interest expenses and other, related to convertible notes |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 200,812 |
|  |  | (6,355,641 | ) |  |  | 373,046 |  |  |  | (61,120 | ) |  |  | (27,528 | ) |  |  | 2,213,010 |

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- Definition The entire disclosure relating to financing expenses, net. + References No definition available. + Details
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- Details
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