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COMMON STOCK, PREFERRED STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Changes in Fair Value of Level 3 Liability) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' DEFICIT      
Balance, Beginning of the year $ 321,695 $ 2,057,618  
Warrants issued as consideration for placement services 308,239   $ 630,936
Amount classified out of stockholders' deficit and presented as Warrants with Down-Round Protection 341,662    
Exchange of Series A Warrants pursuant to the “Most favored nation” provision   (1,586,831)  
Change in fair value of Warrants with Down-Round Protection (289,626) (149,092)  
Balance, End of year $ 681,970 $ 321,695 $ 2,057,618