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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2017
SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Schedule of Net (loss) earnings per share
The loss and weighted average number of shares outstanding used to calculate (loss) earnings per share were as follows:
 
 
 
Six Months Ended
 
 
Three Months Ended
 
 
 
June 30, 2017
 
 
June 30, 2016
 
 
June 30, 2017
 
 
June 30, 2016
 
Net loss (income) for the period
 
$
(58,698
)
 
$
(19,451
)
 
$
450
 
 
$
(10,853
)
Financial income, net of convertible notes
 
 
-
 
 
 
-
 
 
$
(11,847
)
 
 
-
 
Loss used for the computation of diluted loss per share
 
$
(58,698
)
 
$
(19,451
)
 
$
(11,397
)
 
$
(10,853
)
Weighted average shares of common stock outstanding for basic calculation
 
 
126,000,782
 
 
 
99,737,348
 
 
 
127,523,706
 
 
 
99,758,511
 
Weighted average dilutive effect of shares issuable upon conversion of convertible notes
 
 
-
 
 
 
-
 
 
 
65,066,683
 
 
 
-
 
Weighted average dilutive effect of stock options
 
 
-
 
 
 
-
 
 
 
8,000
 
 
 
-
 
Weighted average shares of common stock outstanding for diluted calculation
 
 
126,000,782
 
 
 
99,737,348
 
 
 
192,598,389
 
 
 
99,758,511