Annual report pursuant to Section 13 and 15(d)

DERIVATIVE LIABILITIES (Details 1)

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DERIVATIVE LIABILITIES (Details 1) - $ / shares
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Derivative Liabilities Details 1    
Expected volatility 3.18%
Expected term 1 year 11 months 27 days  
Risk-free interest rate (annual) 1.06%
Expected dividend yield $ 0.00