DEFERRED RESEARCH AND DEVELOPMENT REVENUE (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
DEFERRED RESEARCH AND DEVELOPMENT REVENUE [Abstract]
Deferred revenue	$ 392,517	$ 353,406

- Definition

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

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