Quarterly report pursuant to Section 13 or 15(d)

NATURE OF BUSINESS, ORGANIZATION AND GOING CONCERN (Details Textual)

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NATURE OF BUSINESS, ORGANIZATION AND GOING CONCERN (Details Textual) - USD ($)
 1 Months Ended 3 Months Ended 9 Months Ended
Oct. 12, 2017
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Operating Income (Loss)   $ (3,483,768) $ (2,467,888) $ (9,512,473) $ (6,801,507)  
Certificates of Deposit, at Carrying Value   $ 55,000   $ 55,000   $ 55,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options   533,065   533,065   533,065
Class of Warrant or Right, Number of Securities Called by Warrants or Rights   8,726,536   8,726,536    
Subsequent Event [Member]            
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 3,108,538          
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 1.78          
Stock Issued During Period, Shares, New Issues 7,760,000          
Convertible Preferred Stock, Shares Issued upon Conversion 2,190,330          
Subsequent Event [Member] | Common Stock [Member]            
Stock Issued During Period, Shares, New Issues 1,954,388          
Subsequent Event [Member] | Preferred Stock [Member]            
Stock Issued During Period, Shares, New Issues 41.0412949