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FINANCING (INCOME) EXPENSES, NET

6 Months Ended

Jun. 30, 2015

FINANCING (INCOME) EXPENSES, NET [Abstract]

FINANCING (INCOME) EXPENSES, NET

NOTE 5

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FINANCING (INCOME) EXPENSES, NET

		US dollars								US Dollars
		Six month period ended June 30,								Three month period ended June 30,
		2015				2014				2015				2014
		(unaudited)								(unaudited)
Israeli CPI linkage difference on principal of loans from stockholders			(1,872	)			(1,315	)			1,808				3,402
Exchange rate differences			38,269				(3,724	)			90,872				(1,757	)
Change in fair value of Warrants with down round protection			(91,309	)			(6,293,705	)			(25,539	)			(6,147,835	)
Interest expenses on credit from banks and other			8,378				4,223				5,788				1,936
Loss on partial extinguishment of Series A Preferred Stock and Series A Warrants			1,270,971				-				497,674				-
			1,224,437				(6,294,521	)			570,603				(6,144,254	)