SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Schedule of carrying and estimated fair values of financial instruments

The carrying amounts and estimated fair values of other financial instruments (all are liabilities) at December 31, 2017, 2016 and 2015, are as follows:

December 31,	2017				2016				2015
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Promissory notes	$	6,318,779	$	—	$	5,228,779	$	—	$	4,232,779	$	—
Convertible debt		372,000		—		372,000		—		372,000		—
Senior promissory notes		1,771,016		—		1,771,016		—		1,771,016		—
	$	8,461,795	$	—	$	7,371,795	$	—	$	6,375,795	$	—

Schedule of assumptions for options and warrants

The following table lists the assumptions utilized in applying the Black-Scholes valuation model for options and warrants.

	2017			2016			2015
Expected volatitily		160	%		160	%		160	%
Expected life (in years) of options		2			3			4
Expected life (in years) of warrants		1/2			2/3			2/3
Risk-free interest rate range, options		1.5	%		1.5	%		1.5	%
Risk-free interest rate range, warrants		1.5	%		1.5	%		1.5	%
Expected divident yield		0	%		0	%		0	%

Schedule of computation of basic loss per common share

The following table sets forth the computation of basic loss per common share (amounts in thousands, except per share data):

	2017			2016			2015
Numerator:
Net loss attributable to common stockholders	$	(5,890,357	)	$	(4,536,099	)	$	(3,562,414	)
Denominator:
Weighted average common shares		63,063,685			63,063,685			63,063,685
Basic loss per share attributable to common stockholders	$	(0.09	)	$	(0.07	)	$	(0.06	)