SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of fair value of option awards

We determine the fair value of option grant share-based awards at their grant date, using a Black-Scholes-Merton Option-Pricing Model applying the assumptions in the following table:

	Nine months ended September 30,
	2017			2016
Expected life (years)		5			—
Dividend yield		0	%		—
Expected volatility		80	%		—
Risk free interest rates		1.97	%		—
Weighted average fair value of options at grant date	$	0.02980			—