Annual report pursuant to Section 13 and 15(d)

PREPAID EXPENSES (Details)

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PREPAID EXPENSES (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Prepaid Expense    
Compensation for services $ 25,000 $ 0
Placement fees and transaction costs 381,500 0
Less accumulated amortization (24,855) 0
Total $ 381,645 $ 0