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LOSS PER ORDINARY SHARE (Details Textual) - shares
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Warrant [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 4,518,406 3,106,000
Options and Warrants [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 1,182,066