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FINANCING (INCOME) EXPENSES, NET
6 Months Ended
Jun. 30, 2016
Other Income and Expenses [Abstract]  
FINANCING (INCOME) EXPENSES, NET
NOTE 5    FINANCING (INCOME) EXPENSES, NET

   
US dollars
   
US dollars
 
   
Six month period
ended June 30,
   
Three month period
ended June 30,
 
   
2016
   
2015
   
2016
   
2015
 
   
(unaudited)
   
(unaudited)
 
Israeli CPI linkage difference on principal of loans from stockholders
   
(639
)
   
(1,872
)
   
825
     
1,808
 
Exchange rate differences
   
24,211
     
38,269
     
19,296
     
90,872
 
Change in fair value of Warrants with down round protection
   
(64,212
)
   
(91,309
)
   
(20,702
)
   
(25,539
)
Interest expenses on credit from banks and other
   
8,575
     
8,378
     
6,149
     
5,788
 
Loss on partial extinguishment of Series A Preferred Stock and Series A Warrants
   
-
     
1,270,971
     
-
     
497,674
 
     
(32,065
)
   
1,224,437
     
5,568
     
570,603