SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2015
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	NOTE 22 – SUBSEQUENT EVENTS On April 15, 2015, the Company executed an amendment number 2 to the 14% nonconvertible subordinated secured notes (dated September 29, 2014, October 23, 2014, October 30, 2014 and December 3, 2014, respectively) whereby the maturity date for each note was extended from April 15, 2015 to May 29, 2015. On April 29, 2015, the Company sent a proposal to all warrant holders (as of September 30, 2014) an offer to participate in a warrant exchange program whereby each warrant holder will be able to either 1) exchange their warrants for common stock, on a cashless basis, at a reduced exercise price of $0.00005 per share, or 2) if applicable, receive the right to 17.5% more warrants and a two year extension on all of their warrants in return for waiving their anti-dilution rights on a one-time basis for the exchange. As of April 29, 2015 there were 55,334,490 warrants outstanding that were eligible to participate in the proposal inclusive of 38,888,147 warrants associated with anti-dilution provisions resulting from the January 8, 2015 private placement. On May 4, 2015, the Company granted to employees 2,899,600 stock options at an exercise price of $0.27 per share. The options will vest in increments of 25% upon date of grant and 25% each in three months, six months and nine months from the grant date. On May 5, 2015, the Company and its landlord executed an amendment to the current lease extending the lease until October 14, 2015. The parties agreed that the Company will deliver to the landlord 8,010 shares of its 12.5% convertible preferred stock which shares are convertible to common stock at the landlord’s option at .088 per preferred share. Also the Company issued a five year warrant to the landlord to purchase 68,566 shares of common stock at $0.64 per share. On May 6, 2015, Z Trim Holdings Inc. (the “Company”) announced the appointment of Anthony Saguto as the Chief Financial Officer of the Company, effective May 18, 2015. Mr. Saguto will replace John Elo, who is retiring as Chief Financial Officer of the Company, effective May 18, 2015. In addition, Brian Israel notified the Company that he would resign from the Company’s Board of Directors (the “Board”), effective May 4, 2015. At the time of his resignation, Mr. Israel served as Chairman of the Compensation and Nominating Committees of the Board. On May 14, 2015 the Company entered into a Consulting Agreement with E.B. Smith Jr. (Father of the Company’s CEO and largest shareholder, Edward B. Smith, III) pursuant to which E.B. Smith Jr. will provide advice with respect to the Company’s marketing initiatives, provide customer introductions and investigating strategic transactions. In consideration of services rendered by E.B. Smith Jr., the Company issued a warrant to purchase 750,000 shares of common stock at $0.35 per share. The warrant will vest 450,000 shares upon the mutual execution of this agreement and then in 150,000 share increments at the three month and six month anniversaries of this agreement. On May 14, 2015 the Company entered into a Consulting Agreement with Terme Bancorp pursuant to which Terme Bancorp will provide advice with respect to the Company’s marketing initiatives, provide customer introductions and investigating strategic transactions. In consideration of services rendered by Terme Bancorp, the Company issued a warrant to purchase 1,250,000 shares of common stock at $0.35 per share. The warrant will vest 750,000 shares upon the mutual execution of this agreement and then in 250,000 share increments at the three month and six month anniversaries of this agreement.

NOTE 22 – SUBSEQUENT EVENTS

On April 15, 2015, the Company executed an amendment number 2 to the 14% nonconvertible subordinated secured notes (dated September 29, 2014, October 23, 2014, October 30, 2014 and December 3, 2014, respectively) whereby the maturity date for each note was extended from April 15, 2015 to May 29, 2015.

On April 29, 2015, the Company sent a proposal to all warrant holders (as of September 30, 2014) an offer to participate in a warrant exchange program whereby each warrant holder will be able to either 1) exchange their warrants for common stock, on a cashless basis, at a reduced exercise price of $0.00005 per share, or 2) if applicable, receive the right to 17.5% more warrants and a two year extension on all of their warrants in return for waiving their anti-dilution rights on a one-time basis for the exchange. As of April 29, 2015 there were 55,334,490 warrants outstanding that were eligible to participate in the proposal inclusive of 38,888,147 warrants associated with anti-dilution provisions resulting from the January 8, 2015 private placement.

On May 4, 2015, the Company granted to employees 2,899,600 stock options at an exercise price of $0.27 per share. The options will vest in increments of 25% upon date of grant and 25% each in three months, six months and nine months from the grant date.

On May 5, 2015, the Company and its landlord executed an amendment to the current lease extending the lease until October 14, 2015. The parties agreed that the Company will deliver to the landlord 8,010 shares of its 12.5% convertible preferred stock which shares are convertible to common stock at the landlord’s option at .088 per preferred share. Also the Company issued a five year warrant to the landlord to purchase 68,566 shares of common stock at $0.64 per share.

On May 6, 2015, Z Trim Holdings Inc. (the “Company”) announced the appointment of Anthony Saguto as the Chief Financial Officer of the Company, effective May 18, 2015. Mr. Saguto will replace John Elo, who is retiring as Chief Financial Officer of the Company, effective May 18, 2015.

In addition, Brian Israel notified the Company that he would resign from the Company’s Board of Directors (the “Board”), effective May 4, 2015. At the time of his resignation, Mr. Israel served as Chairman of the Compensation and Nominating Committees of the Board.

On May 14, 2015 the Company entered into a Consulting Agreement with E.B. Smith Jr. (Father of the Company’s CEO and largest shareholder, Edward B. Smith, III) pursuant to which E.B. Smith Jr. will provide advice with respect to the Company’s marketing initiatives, provide customer introductions and investigating strategic transactions. In consideration of services rendered by E.B. Smith Jr., the Company issued a warrant to purchase 750,000 shares of common stock at $0.35 per share. The warrant will vest 450,000 shares upon the mutual execution of this agreement and then in 150,000 share increments at the three month and six month anniversaries of this agreement.

On May 14, 2015 the Company entered into a Consulting Agreement with Terme Bancorp pursuant to which Terme Bancorp will provide advice with respect to the Company’s marketing initiatives, provide customer introductions and investigating strategic transactions. In consideration of services rendered by Terme Bancorp, the Company issued a warrant to purchase 1,250,000 shares of common stock at $0.35 per share. The warrant will vest 750,000 shares upon the mutual execution of this agreement and then in 250,000 share increments at the three month and six month anniversaries of this agreement.