XML 35 R13.htm IDEA: XBRL DOCUMENT

FINANCING (INCOME) EXPENSES, NET

9 Months Ended

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