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FINANCING INCOME, NET
3 Months Ended
Mar. 31, 2017
Other Income and Expenses [Abstract]  
FINANCING INCOME, NET
NOTE 6     FINANCING INCOME, NET

   
US dollars
 
   
Three month period
ended March 31,
 
   
2017
   
2016
 
   
(unaudited)
 
Israeli CPI linkage difference on principal of loans from stockholders
   
1,367
     
1,464
 
Exchange rate differences
   
(10,474
)
   
(4,915
)
Change in fair value of Warrants with down round protection
   
84,099
     
43,510
 
Interest expenses on credit from banks and other
   
(5,717
)
   
(2,426
)
     
69,275
     
37,633