ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

6 Months Ended

Jun. 30, 2017

ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following:

	June 30, 2017		December 31, 2016
Trade accounts payable	$	663,964	$	505,098
Accrued legal and other professional fees		164,554		51,000
Accrued payroll and related costs		262,475		182,551
Other accruals		71,504		-
Total	$	1,162,497	$	738,649