FINANCING (INCOME) EXPENSES, NET

12 Months Ended

Dec. 31, 2016

Banking and Thrift, Interest [Abstract]

Interest Income and Interest Expense Disclosure [Text Block]

NOTE 14 – FINANCING (INCOME) EXPENSES, NET

	Year ended December 31
	2016		2015		2014
	US Dollars
Change in fair value of warrants liability		(117,577)		(35,188)		-
Expenses related to issuing warrants		34,272		23,233		-
Exchange rate differences and other finance costs		7,877		(484)		(78,779)
Financing (income) expenses, net		(75,428)		(12,439)		(78,779)