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FINANCING (INCOME) EXPENSES, NET

9 Months Ended

Sep. 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
		Nine month period ended September 30,								Three month period ended September 30,
		2015				2014				2015				2014
		(unaudited)								(unaudited)
Israeli CPI linkage difference on principal of loans from stockholders			(1,384	)			666				488				2,024
Exchange rate differences			23,877				(3,724	)			(14,392	)			-
Change in fair value of Warrants with down round protection			(119,148	)			(6,344,340	)			(27,839	)			(50,635	)
Interest expenses on credit from banks and other			9,227				(8,243	)			849				(12,509	)
Loss on partial extinguishment of Series A Preferred Stock and Series A Warrants			1,284,354				-				13,383				-
			1,196,926				(6,355,641	)			(27,511	)			(61,120	)