Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details Textual)

v3.3.1.900
INCOME TAXES (Details Textual) - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Jun. 30, 2012
Income tax [Line Items]      
Change in valuation allowance $ 2,284,926 $ 3,392,966  
ARGENTINA [Member]      
Income tax [Line Items]      
Deferred Tax Assets, Tax Credit Carryforwards $ 455,000 591,000  
Operating Loss Carry Forwards Carry Forwards And Expiration Description carried forward 10 years and begin to expire in 2015.    
UNITED KINGDOM [Member]      
Income tax [Line Items]      
Operating Loss Carryforwards $ 440,000 432,000  
UNITED STATES [Member]      
Income tax [Line Items]      
Operating Loss Carryforwards $ 40,875,000 $ 35,825,000  
Net Operating Loss Annual Limitation Under Section 382     $ 7,566,000
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration     3,367,000
Deferred Tax Assets, Tax Credit Carryforwards     $ 1,004,000
Operating Loss Carry Forwards Carry Forwards And Expiration Description carried forward for 20 years and begin to expire in 2019.    
Equity Method Investment, Ownership Percentage 50.00%