SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following are the Company’s assets and liabilities, measured at fair value on a recurring basis, as of December 31, 2016 and 2015:

			Fair Value
	Fair Value		Hierarchy
Assets
Marketable securities, December 31, 2016	$	1,200	Level 1
Marketable securities, December 31, 2015	$	3,600	Level 1
Liabilities
Derivative Liability , December 31, 2016	$	3,478,626	Level 3
Derivative Liability , December 31, 2015	$	439,361	Level 3