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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Changes in Fair Value of Level 3 Liability) (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Accounting Policies [Abstract]    
Balance, Beginning of the period $ 681,970 $ 321,695
Warrants issued as consideration for placement services 156,732
Change in fair value Warrants with Down-Round Protection (84,099) (43,510)
Balance, End of period $ 754,603 $ 278,185