IDO Security (IDOI) Inactive 10-Q19 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Nov. 19, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'IDO Security Inc.	'
Entity Central Index Key	'0001301367	'
Trading Symbol	'idoi	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	399,658,514
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
CURRENT ASSETS	'	'
Cash	$466	$1,989
Inventories	16,024	16,024
Total current assets	16,490	18,013
Property and equipment, net	'	'
Total assets	16,490	18,013
CURRENT LIABILITIES	'	'
Accounts payable and accrued liabilities	8,720,455	7,716,062
Bank line of credit	12,336	12,026
Convertible promissory notes (net of discount of $49,810 and $-0-)	462,292	2,125,237
Redeemable Series A Cumulative Convertible Preferred Stock (net of discount of $615,164 and $138,832)	13,705,286	13,807,905
Loans payable	173,473	167,206
Derivative liability	266,667	'
Warrant liability	400,000	400,000
Total current liabilities	23,740,509	24,228,436
NON-CURRENT LIABILITIES	'	'
Convertible promissory notes (net of discount of $2,470,767 and $3,036,146)	5,460,762	2,943,006
Notes payable	'	387,200
Redeemable Series A Cumulative Convertible Preferred Stock (net of discount of $205,054 and $37,708)	1,009,946	336,004
Preferred Stock - Series B	1	1
Total liabilities	30,211,218	27,894,647
COMMITMENT AND CONTINGENCIES	'	'
STOCKHOLDERS' DEFICIENCY	'	'
Preferred Stock 6,500 shares authorized; none outstanding	'	'
Common stock, $.001 par value; 400,000,000 shares authorized, 399,658,514 and 24,844,611 shares issued and outstanding	399,658	24,844
Additional paid-in capital	27,653,866	27,654,134
Accumulated other comprehensive loss	-331	-331
Accumulated deficit	-58,247,921	-55,555,281
Total stockholders' deficiency	-30,194,728	-27,876,634
Total liabilities and stockholders' deficiency	$16,490	$18,013

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Statement Of Financial Position [Abstract]	'	'
Discount on convertible promissory notes (in dollars)	$49,810	$0
Discount on redeemable series A cumulative convertible preferred stock (in dollars)	615,164	138,832
Discount on convertible promissory notes, noncurrent (in dollars)	2,470,767	3,036,146
Discount on redeemable series A cumulative convertible preferred stock, noncurrent (in dollars)	$205,054	$37,708
Preferred stock, shares authorized	6,500	6,500
Preferred stock, shares outstanding	'	'
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	399,658,514	24,844,611
Common stock, shares outstanding	399,658,514	24,844,611

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'	'	'
Revenues	'	'	'	$15,043
Cost of sales	120,000	120,000	360,000	376,756
Gross loss	-120,000	-120,000	-360,000	-361,713
Operating expenses	'	'	'	'
Research and development expenses	'	'	'	53,202
Selling and general and administrative expenses	120,953	98,096	458,618	775,146
Stock based compensation - selling and general and administrative	'	99,527	'	696,691
Total operating expenses	120,953	197,623	458,618	1,525,039
Loss from operations	-240,953	-317,623	-818,618	-1,886,752
Interest expense (including amortization of debt and preferred stock discounts, accretion of convertible promissory notes and dividends)	-665,442	-858,979	-1,891,422	-2,711,918
Gain on derivative liability	-106,666	'	-59,321	'
Foreign currency translation	76,721	'	76,721	-21,882
Net loss	($936,340)	($1,176,602)	($2,692,640)	($4,620,552)
Basic and diluted loss per share (in dollars per share)	$0	($0.06)	($0.02)	($0.23)
Weighted average number of shares outstanding	'	'	'	'
Basic and diluted (in shares)	377,826,733	19,986,471	178,541,587	19,986,471

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net loss	($2,692,640)	($4,620,552)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation and amortization	'	2,799
Amortization of note discount	765,184	1,878,431
Accretion of note discount	748,764	550,931
Stock based compensation	'	696,691
Interest and exchange rate differences	6,266	'
Financing costs related to warrant liability	'	1,896
Issuance of Preferred Stock - Series B	'	1
Gain on derivative liability	59,321	'
Debt issued for services	190,000	'
Derivative liabilities charged directly to interest	47,347	'
Loss on disposal and abandonment of property and equipment	'	42,603
Decrease in net liability for severance pay	'	-26,250
Increase (decrease) in cash attributable to changes in operating assets and liabilities	'	'
Inventory	'	5,236
Prepaid expenses and other current assets	'	33,830
Accounts payable and accrued liabilities	752,325	989,619
Net cash used in operating activities	-123,433	-444,765
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Proceeds from disposal of property and equipment	'	900
Net cash provided by investing activities	'	900
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Proceeds from loan payable - bank	310	15,377
Proceeds from notes payable	121,600	302,700
Net cash provided by financing activities	121,910	318,077
DECREASE IN CASH	-1,523	-125,788
CASH - BEGINNING OF PERIOD	1,989	125,982
CASH - END OF PERIOD	466	194
Supplemental disclosures of cash flow information:	'	'
Cash paid for interest	'	'
Non-cash activities:	'	'
Issuances of common stock for the conversion of promissory notes and accrued interest	374,605	'
Issuances of convertible notes payable in exchange for notes payable	$486,000	'

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Sep. 30, 2014
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	NOTE 1 - BASIS OF PRESENTATION

	The accompanying unaudited condensed consolidated financial statements of IDO Security Inc. (hereinafter, “IDO” or the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with Rule 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended September 30, 2014, are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the Securities and Exchange Commission.

	The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. At September 30, 2014, the Company had not achieved profitable operations, had accumulated losses of $58.2 million (since inception), expects to incur further losses in the development of its business and is dependent upon debt and equity financing to fund operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

	The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations or management’s ability to find sources of equity capital. The Company needs to raise significant funds on an immediate basis in order to continue to meet its liquidity needs, realize its business plan and maintain operations. The Company’s current cash resources are not sufficient to support its operations as presently conducted or permit it to take advantage of business opportunities that may arise. Management of the Company is continuing its efforts to secure funds through equity and/or debt instruments for its operations. Presently, the Company does not have any financing commitment from any person, and there can be no assurance that additional capital will be available to the Company on commercially acceptable terms or at all.

	The Company has been funding its operations from the net proceeds from the private placements of its convertible securities and short-term debt. From December 2007 through September 2014, the Company received net proceeds of approximately $7.8 million from the proceeds of the private placement to certain accredited investors of its Secured Convertible Promissory Notes, Convertible Preferred Stock and Bridge Loans.

	The condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. There can be no assurance that management will be successful in implementing a business plan or that the successful implementation of a business plan will actually improve the Company’s operating results.

RECENTLY_ISSUED_ACCOUNTING_PRO

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	9 Months Ended
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	Sep. 30, 2014
Accounting Changes and Error Corrections [Abstract]	'
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	'
	NOTE 2 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

	Management does not believe that any other recently issued, but not yet effective, accounting standard if currently adopted would have a material effect on the accompanying condensed consolidated financial statements.

NET_LOSS_PER_SHARE

NET LOSS PER SHARE	9 Months Ended
NET LOSS PER SHARE	Sep. 30, 2014
Earnings Per Share [Abstract]	'
NET LOSS PER SHARE	'
	NOTE 3 - NET LOSS PER SHARE

	Basic loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted loss per share gives effect to dilutive convertible securities, options, warrants and other potential common stock outstanding during the period, only in periods in which such effect is dilutive. The following securities have been excluded from the calculation of net loss per share, as their effect would be anti-dilutive:

		Shares of Common Stock
		Issuable upon Conversion/Exercise
		September 30,
		2014		2013
	Warrants		4,010,699		4,014,477
	Convertible notes		22,347		21,254
	Stock options		-		667
	Convertible preferred stock		41,104		37,655

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
FAIR VALUE OF FINANCIAL INSTRUMENTS	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	NOTE 4 - FAIR VALUE OF FINANCIAL INSTRUMENTS

	Substantially all of the Company’s financial instruments, consisting primarily of cash, accounts payable and accrued expenses, other current liabilities and certain convertible notes, are carried at, or approximate, fair value because of their short-term nature or because they carry market rates of interest.

	The Company issued a convertible promissory note that contained a conversion feature which was accounted for separately as a derivative liability and measured at fair value on a recurring basis. Changes in fair value are charged to other income (expenses) as appropriate. The fair value of the derivative liability was determined based on Level 2 inputs utilizing observable quoted prices for similar instruments in active markets and observable quoted prices for identical or similar instruments in markets that are not very active. See Note 8(vii).

	The Company issued a warrant that contained a put option which was accounted for as a warrant liability and measured at fair value on a recurring basis. Changes in fair value are charged to other income (expenses) as appropriate. The fair value of the warrant liability was determined based on Level 2 inputs utilizing observable quoted prices for similar instruments in active markets and observable quoted prices for identical or similar instruments in markets that are not very active. See Note 9.

INVENTORIES

INVENTORIES	9 Months Ended
INVENTORIES	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
INVENTORIES	'
	NOTE 5 – INVENTORIES

	Inventories, consisting of completed devices, devices partially completed and components are valued at the lower of cost determined by the moving-average basis or market. The value of the inventories is adjusted for estimated obsolescence or unmarketable inventory equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions.

	Inventories at September 30, 2014 and December 31, 2013 consisted of completed devices held in the United States totaling $16,024.

BANK_LINE_OF_CREDIT

BANK LINE OF CREDIT	9 Months Ended
BANK LINE OF CREDIT	Sep. 30, 2014
Loans Payable [Abstract]	'
BANK LINE OF CREDIT	'
	NOTE 6 – BANK LINE OF CREDIT

	In 2013, one of the banks of IDO Ltd. in Israel honored credit card payment obligations to vendors. At September 30, 2014 and December 31, 2013, the Company owed the bank $12,336 and $12,026, respectively. The bank has filed a lien against the assets of IDO Ltd. to secure the payment of the balance.

NOTES_PAYABLE

NOTES PAYABLE	9 Months Ended
NOTES PAYABLE	Sep. 30, 2014
Notes Payable [Abstract]	'
NOTES PAYABLE	'
	NOTE 7 – NOTES PAYABLE

	From November 2012 through July 2014, the Company issued various notes to two 2008 Investors in the amount of $486,000. The notes bore interest at the rate of 2.5% and were due as defined in the various note agreements. In July 2014, all of the notes were converted into Secured and Convertible Promissory Notes. See Note 8(viii).

	At September 30, 2014 and December 31, 2013, notes payable amounted to $0 and $387,200, respectively.

CONVERTIBLE_PROMISSORY_NOTES

CONVERTIBLE PROMISSORY NOTES	9 Months Ended
	Sep. 30, 2014
Convertible Notes Payable [Abstract]	'
CONVERTIBLE PROMISSORY NOTES	'
	NOTE 8 - CONVERTIBLE PROMISSORY NOTES

	Convertible promissory notes consist of the following:

			September			December 31,
			30, 2014			2013
			(Unaudited)

	2008 Notes - secured and convertible - see (i) below		$	1,956,945		$	1,956,945

	December 2008 Notes - secured and convertible – see (ii) below			815,062			815,062

	2009 - 2011 Notes - secured and convertible - see (iii) below			4,010,579			4,010,579

	2012 Notes - secured and convertible - see (iv) below			962,245			1,321,803

	2014 Convertible Promissory notes - see (vii) below			190,000			-

	2014 Notes and Series A Preferred - see (viii) below			508,800			-

	Total			8,443,631			8,104,389

	Less: Discount			(2,520,577	)		(3,036,146	)
				5,923,054			5,068,243
	Less: Current Portion			(462,292	)		(2,125,237	)

	Total		$	5,460,762		$	2,943,006

	(i) Secured Convertible Promissory Notes

	Between December 5, 2007 and January 24, 2008, the Company raised gross proceeds of $5,404,550 from the private placement to certain accredited institutional and individual investors (the “2008 Investors”) of its 10% Secured Convertible Promissory Notes (collectively, the “2008 Notes”, each a ”2008 Note”). The transactions were effected pursuant to a Subscription Agreement, dated as of December 5, 2007 between the Company and the 2008 Investors.

	In connection with the issuance of the 2008 Notes, the Company issued to the 2008 Investors, warrants (the “2008 Investor Warrants”) to purchase up to 1,802 shares of the Company’s Common Stock at an adjusted per share price of $450. The warrants were not exercised and have expired.

	The 2008 Notes were originally convertible into shares of Common Stock at the holder’s option at any time at an initial conversion price of $3,000 per share (the “Fixed Conversion Price”), subject to adjustment in the event of certain capital adjustments or similar transactions, such as a stock split or merger and as further described below. Interest on the 2008 Notes accrues at the rate of 10% per annum and is payable upon a required monthly repayment or upon maturity, whichever occurs first, and will continue to accrue until the 2008 Notes are fully converted and/or paid in full.

	Commencing on the fourth month anniversary of the issuance of the 2008 Notes and on the same day of each month thereafter until the principal amount of the 2008 Notes has been paid in full, the Company was required to prepay 5% of the aggregate principal amount of the 2008 Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date (each such date, a “Scheduled Payment Date”).

	The 2008 Notes were originally scheduled to mature in December 2009 and were extended several times to December 31, 2011. The non-payment of the outstanding balance of these notes upon maturity on December 31, 2011 constituted an Event of Default under the transaction documents with the 2008 Investors. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes, representing the requisite Majority in Interest under the transaction documents. Such action had not been commenced by the note holders. In April 2012, the requisite Majority in Interest waived all existing Events of Default through June 30, 2012. In May 2012, July 2014 and October 2014, the requisite Majority in Interest agreed to certain modifications of the terms of the 2008 Notes (see (vi) Modifications of Debt).

	To secure the Company’s obligations to the 2008 Investors, the Company granted a security interest in substantially all of its assets, including without limitation, its intellectual property. The security interest terminates upon payment or satisfaction of all of Company’s obligations under the 2008 Notes.

	The Company undertook to file a registration statement by a prescribed period under the Securities Act of 1933, as amended (the “Registration Statement”) with respect to the resale of the Common Stock underlying the 2008 Notes and 2008 Investor Warrants. The Company has not filed the Registration Statement and accordingly, the Company owed to the holders of these notes approximately $540,000 in liquidated damages in respect of the delay in the filing of the Registration Statement beyond the time frame specified in the agreements with such holders. At June 30, 2014, the Company owed to the holders of these notes $516,137 in liquidated damages. The non-payment of liquidated damages constitutes an Event of Default under the 2008 Notes. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes. Such action has not been commenced by the note holders. The Company does not currently intend to file such registration statement as the shares issuable upon conversion of the 2008 Notes and/or the 2008 Investor Warrants are eligible to be resold under Rule 144.

	There were no payments of principal or interest in 2014.

	(ii) Secured Convertible Promissory Note and Series A Convertible Preferred Stock (“Series A Preferred”)

	Pursuant to an offering dated October 31, 2008 (the “December 2008 Private Placement”) to the holders of the 2008 Notes, on December 17, 2008, the Company realized net proceeds of $548,474, after the payment of offering related fees and expenses of $19,250, from a private placement of $1,066,540 in principal amount of 10% Secured Convertible Promissory Notes due April 20, 2010 (“collectively the “December 2008 Notes”) and 8.9 shares of Series A Preferred. In addition, the Company issued to the investors warrants (the “Warrants”; together with the December 2008 Notes and the Series A Preferred, the “Purchased Securities”) to purchase in the aggregate up to 2,370 shares of the Company’s Common Stock at a per share exercise price equal to $750 exercisable through October 31, 2013. The warrants were not exercised and have expired.

	The December 2008 Notes are convertible into shares of Common Stock at the holder’s option at any time at an initial conversion price of $450 per share (the “Fixed Conversion Price”), subject to adjustment in the event of certain capital adjustments or similar transactions, such as a stock split or merger and as further described below. Interest on the December 2008 Notes accrues at the rate of 10% per annum and is payable upon a required repayment (discussed below) or upon maturity, whichever occurs first, and will continue to accrue until the December 2008 Notes are fully converted and/or paid in full.

	Commencing on April 30, 2009, and thereafter on the last day of each subsequent calendar month until the principal amount of the December 2008 Notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the December 2008 Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date. The amount may be paid, at the Company’s election, either in (i) cash, at 110% of the principal amount due and 100% of all other amounts due or (ii) shares of Common Stock as defined; provided, that, if such monthly amount is to be paid with shares of Common Stock, it will be automatically deferred unless the holder gives notice to the Company at least five (5) days before a repayment date that the holder will accept payment of such monthly amount in the form of Common Stock.

	The Company’s obligations under the December 2008 Notes are secured by a security interest in substantially all of its assets pursuant to a prior Security Agreement dated as of December 24, 2007 between it and the purchasers of the 2008 Notes.

	Holders of the Purchased Securities are subject to certain limitations on their rights to convert the securities. The principal limitation is that the holder may not, with certain limited exceptions, convert into a number of shares that would, together with other shares held by the holder, exceed 4.99% or 9.99% of the then outstanding shares of the Company after such conversion and/or exercise.

	The December 2008 Notes were originally scheduled to mature on April 30, 2010 and were extended several times to December 31, 2011. The non-payment of the outstanding balance of these notes upon maturity on December 31, 2011 constituted an Event of Default under the transaction documents. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes, representing the requisite Majority in Interest under the transaction documents. Such action had not been commenced by the note holders. In April 2012, the requisite Majority in Interest waived all existing Events of Default through June 30, 2012. In May 2012, July 2014 and October 2014, the requisite Majority in Interest agreed to certain modifications of the terms of the 2008 Notes (see (vi) Modifications of Debt).

	There were no payments of principal or interest in 2014.

	(iii) 2009 - 2011 Notes and Series A Preferred

In April 2009, the holders of the 2008 Notes and the December 2008 Notes consented to the placement of 10% secured convertible promissory notes, Series A Preferred and warrants, all on the substantive terms identical to those prevailing with respect to the December 2008 Private Placement discussed at further length in Note 7(ii) above.

	●	In 2009, the Company raised net proceeds of $1,332,500 from the private placement to certain holders of the December 2008 Notes. The Company issued $1,432,500 in principal amount of 2009 Notes and 11.9 post-split shares of Series A Preferred. In connection with such investment, the Company issued to the holders of the 2009 Notes, five-year warrants to purchase in the aggregate up to 3,183 post-split shares of the Company’s common stock at per share exercise price equal to $750.


	●	In 2010, the Company raised net proceeds of $318,940 from the private placement to certain holders of the December 2008 Notes. The Company issued $318,940 in principal amount of 2010 Notes and 2.7 post-split shares of Series A Preferred. In connection with such investment, the Company issued to the holders of the 2010 Notes, five- year warrants to purchase in the aggregate up to 709 post-split shares of the Company’s common stock at per share exercise price equal to $750.

	●	In 2011, the Company raised net proceeds of $2,359,134 which includes $1,456,880 of rolled over notes payable and accrued interest in addition to $902,254 of new invested capital, from four holders of the December 2008 Notes. The Company issued $2,359,134 in principal amount of 2011 Notes and 19.7 post-split shares of Series A Preferred. In connection with such investments, the Company issued to the holders of the 2011 Notes, five year warrants to purchase in the aggregate up to 5,242 post-split shares of the Company’s Common Stock at per share exercise price equal to $750.

The warrants include a ‘cashless exercise’ provision.

Commencing on the six month anniversary date of the various notes, and on the same day of each subsequent calendar month thereafter until the principal amount of the various notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the various notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date.

The various notes were scheduled to mature at various dates and were extended to December 31, 2011. The non-payment of the outstanding balance of a significant portion of these notes upon maturity on December 31, 2011 constituted an Event of Default under the transaction documents. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes. Such action had not been commenced by the note holders. In April 2012, the requisite Majority in Interest waived all existing Events of Default through June 30, 2012. In May 2012, July 2014 and October 2014, the requisite Majority in Interest agreed to certain modifications of the terms of the various notes (see (vi) Modifications of Debt).

There were no payments of principal or interest in 2014.

(iv) 2012 Notes and Series A Preferred

For the year ended December 31, 2012, the Company raised net proceeds $1,337,723 from holders of the December 2008 Notes and two new investors. The Company issued 1,337,723 in principal amount of 10% secured convertible promissory notes (“2012 Notes”) and 11.14 post-split shares of Series A Preferred. The 2012 Notes have substantive terms identical to those prevailing with respect to the December 2008 Private Placement discussed at further length in Note 8(ii) above. In connection with such investments, the Company issued five-year warrants to purchase in the aggregate up to 2,972 post-split shares of the Company’s Common Stock at per share exercise price equal to $750. The warrants include a ‘cashless exercise’ provision.

Commencing on the six month anniversary date of the 2012 Notes, and on the same day of each subsequent calendar month thereafter until the principal amount of the Notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date. In May 2012, July 2014 and October 2014, the requisite Majority in Interest agreed to certain modifications of the terms of the 2012 Notes (see (vi) Modifications of Debt).

For the nine months ended September 30, 2014, the Company issued 374.8 million shares of Common Stock in payment of principal and interest in the amount of $374,605. No shares were issued subsequent to September 30, 2014.

(v) Priority of Payments of Notes

In December 2011, a Majority in Interest agreed that Notes issued after December 15, 2011 (“New Notes”) shall be accorded first lien priority in the collateral (as defined) and that any repayment obligations currently owing on Notes issued on or before October 26, 2011 shall be subordinated to the repayment obligations incurred by the Company in connection with the New Notes. The consenting holders represented more than the requisite Majority in Interest required under the transaction documents for this matter, and accordingly their agreement is binding upon all note holders.

(vi) Modifications of Debt

In May 2012, a Majority in Interest waived all Events of Default and consented to a modification of the note terms. Under the modification, effective January 1, 2012:

	●	The Company may deem the maturity date of the outstanding notes (including any issued after January 1, 2012) to be December 31, 2015

	●	The interest rate payable has been reduced to 2.5% per annum

	●	The determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.30 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

The Company accounted for the modification of the terms of the notes, as described above, as an extinguishment of debt in accordance with FASB ASC Subtopic 470-50, “ Debt: Modifications and Extinguishment .” The Company deemed the terms of the modification to be substantially different and treated the Notes as extinguished and exchanged for new notes. As such, it was necessary to reflect the Notes at fair value. In addition, any remaining unamortized debt discounts were expensed.

In accordance with FASB ASC subtopic 820-10, “Fair Value Measurement – Overall,” the value of the Notes was determined utilizing level 3 inputs. The fair value of the Notes was determined based on an effective rate of return of approximately 31%, which approximates the return of a high risk note. As a result, the face amount of the remaining principal balance of $5,483,839 was written down to its fair market value of $1,566,704. This discount is being amortized to the amended date of maturity unless paid or converted earlier.

In July 2014, a Majority in Interest consented to a modification of the Note terms. The effective date of the modification was upon the receipt by the Company of signed consents representing 66.67% of the Notes. Under the modification:

	●	The Company may deem the maturity date of the outstanding notes to be December 31, 2017

	●	For all Notes issued prior to April 30, 2012, the determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.05 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

	●	For all Notes issued after April 30, 2012, the determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount as follows: 50% discount from the lowest closing bid price in the 20 trading days prior to the day on which such payment is to be made subject to further adjustment as provided in the Notes with respect to certain corporate events. This term was modified by the October 2014 modification described below.

	●	Effective as of the date of the consent and continuing until the end of a six month period following an Event (as defined), the Company shall not be required to accrue and/or pay the Monthly Amount. In addition, the non-accrual and non-payment shall not be deemed to be Events of Default.

	●	As discussed above, the Company’s obligations under the Notes are secured by a security interest in substantially all of its assets of the Company. Such security interest will not include the shares of the equity capital or assets of a company in formation in Peru that is intended to become a subsidiary.

In October 2014, a Majority in Interest consented to a further modification of one of the terms of the Note. The effective date of the modification was upon the receipt by the Company of signed consents representing 66.67% of the Notes. For all Notes issued on or after April 30, 2012, the determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.05 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

(vii) 2014 Convertible Promissory Notes

In March 2014, the Company entered into a consulting agreement with an affiliate of a minority stockholder of the Company for certain business, financial consulting and advisory services. The monthly fee is $30,000 in the form of a convertible promissory note payable monthly on the first day of each calendar month, in advance. The convertible promissory notes will not have registration rights, are due within six months of issuance, unless converted sooner. The notes bear interest at the rate of 10% per annum and are convertible into shares of the Company’s Common Stock at 50% of the low closing bid price for the 30 days prior to conversion. The unpaid interest is convertible into shares of the Company’s Common Stock at $0.001 per share

From March 15, 2014, to September 30, 2014 the Company issued seven such promissory note totaling $190,000. The conversion feature contained in the promissory note is considered to be an embedded derivative. The Company bifurcated the conversion feature and recorded a derivative liability on the consolidated balance sheet. The Company recorded the derivative liability equal to its estimated fair value. Such amount was also recorded as a discount to the convertible promissory note and is being amortized to interest expense over the term of the note. For the nine and three months ended September 30, 2014, amortization of the debt discount amounted to $120,518 and $80,482, respectively. At September 30, 2014, the unamortized discount is $49,810. In October 2014, the Company issued an eighth promissory note for $30,000.

The Company is in default on three of the notes issued as no payments were made by the respective due dates. No actions have been taken by the note holder.

The Company is required to mark-to-market the derivative liability at the end of each reporting period. For the nine and three months ended September 30, 2014, the Company recorded a gain on the change in fair value of the conversion option of $59,321 and $106,666, respectively, and as of September 30, 2014, the fair value of the conversion option was $266,667.

(viii) 2014 Notes and Series A Preferred

In July 2014, the Company converted all of the notes payable issued to two 2008 Investors into 10% secured convertible promissory notes (“2014 Notes”) and 4.05 post-split shares of Series A Preferred. The 2014 Notes have substantive terms identical to those prevailing with respect to the December 2008 Private Placement discussed at further length in Note 9(ii) above In connection with such investments, the Company issued five-year warrants to purchase in the aggregate up to 1,080 post-split shares of the Company’s Common Stock at per share exercise price equal to $750. The 2014 Notes contain terms similar to the other secured promissory notes issued previously.

In August 2014, the Company raised net proceeds $22,800 from one holder of the December 2008 Notes. The Company issued $22,800 in principal amount of 10% secured convertible promissory notes and 0.19 post-split shares of Series A Preferred. The note has substantive terms identical to those prevailing with respect to the December 2008 Private Placement discussed at further length in Note 9(ii) above. In connection with such investments, the Company issued five-year warrants to purchase in the aggregate up to 51 post-split shares of the Company’s Common Stock at per share exercise price equal to $750. The warrants include a ‘cashless exercise’ provision.

Commencing on the six month anniversary date of the 2014 Notes, and on the same day of each subsequent calendar month thereafter until the principal amount of the Notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date. The 2014 Notes are subject to the terms of the July 2014 and October 2014 term modifications discussed above (see (vi) Modifications of Debt).

(ix) Maturities of Convertible Promissory Notes

Based on the July 2014 modification, the maturities on the Notes are $422,102 payable through 2014, $422,481 payable in 2015 and $7,599,048 payable in 2017.

CAPITAL_TRANSACTIONS

CAPITAL TRANSACTIONS	9 Months Ended
	Sep. 30, 2014
Stockholders' Equity Note [Abstract]	'
CAPITAL TRANSACTIONS	'
	NOTE 9 - CAPITAL TRANSACTIONS

	Stock Issuances

	Common Stock

	For the nine months ended September 30, 2014, principal and interest of $374,605 were repaid in the form of 374.8 million shares of the Company’s Common Stock

	Convertible Preferred Stock

	The Series A Preferred Stock (“Series A Preferred”) was authorized in accordance with a Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred filed with the Nevada Secretary of State. The number of shares of preferred stock designated as Series A Preferred is 66.6667 shares. At September 30, 2014 and December 31, 2013, 52.1 shares and 47.9 shares of Series A Preferred were issued and outstanding, rspectively.

	Shares of Preferred Stock have not been registered and are restricted under the securities laws and pay a dividend of 10% per annum on the stated value. So long as the Series A Preferred is outstanding, unless waived by the holders of 66 2/3% of the Series A Preferred then outstanding, the dividend rate shall increase to 15%. In addition, shares of the Series A Preferred do not vote separately as a class (but do vote on an “as-converted” to common stock basis) and have a liquidation preference equal to the stated value of the shares. Each share of Preferred Stock has a stated post-split value of $300,000 and is convertible into post-split shares of the Company’s common stock at $450 per share.

	Commencing on the issuance date, and thereafter on the last day of each subsequent calendar month, the Company is required to redeem 8.33% of the aggregate outstanding stated value of the Series A Preferred until the stated value and all accrued dividends have been paid in full. Redemption payments on the Series A Preferred may be made, at the election of the Company, in cash or shares of Common Stock, in the same manner as provided above with respect to the December 2008 Notes, subject to automatic deferral in the case of payment in shares unless the holder gives notice to the Company of such holder’s agreement to accept payment in shares. As a result of the redemption provisions, the Series A Preferred was not classified as permanent equity and dividends and deemed dividends are included in interest expense.

	The dividends are cumulative commencing on the issue date whether or not declared. For the nine months ended September 30, 2014 and 2013, the Company declared dividends totaling $267,056 and $276,887, respectively. For the three months ended September 30, 2014 and 2013, the Company declared dividends totaling $89,997 and $93,310, respectively. At September 30, 2014 and December 31, 2013, dividends payable total $2,961,201 and $2,694,145, respectively, and are included in accounts payable and accrued liabilities. For the nine months ended September 30, 2014 and 2013, dividends and deemed dividends totaled $491,236 and $1,601,163, respectively. For the three months ended September 30, 2014 and 2013, dividends and deemed dividends totaled $137,636 and $473,240, respectively. Such amounts have been included in interest expense.

	The non-payment of the accrued dividends and the redemption of the Series A Preferred constituted Events of Default under the Certificate of Designation. In May 2012, in connection with the note modification, a Majority in Interest agreed that effective January 1, 2012:

		●	Waived the Events of Default under the Certificate of Designation at any time prior to and through May 2012. In addition, the stockholders waived any Events of Default that may arise through December 31, 2015.

		●	To eliminate the 10% dividend on their holdings.

		●	They further agreed that the determination of the number of shares of Common Stock for purposes of the payment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.30 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

	In July 2014, in connection with the note modification, a Majority in Interest agreed to a modification of the terms of the Series A Preferred. The effective date of the modification was upon the receipt by the Company of signed consents representing 66.67% of the Series A Preferred. Under the modification:

		●	For all Series A Preferred issued prior to April 30, 2012, the determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.05 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

		●	For all Series A Preferred issued after April 30, 2012, the determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount as follows: 50% discount from the lowest closing bid price in the 20 trading days prior to the day on which such payment is to be made subject to further adjustment as provided in the Series A Preferred with respect to certain corporate events. This term was modified by the October 2014 modification described below.

		●	Effective as of the date of the consent and continuing until the end of a six month period following an Event (as defined), the Company shall not be required to accrue and/or pay the Monthly Amount. In addition, the non-accrual and non-payment shall not be deemed to be Events of Default.

	In October 2014, a Majority in Interest consented to a further modification of one of the terms of the Series A Preferred. The effective date of the modification was upon the receipt by the Company of signed consents representing 66.67% of the Notes. For all Series A Preferred issued on or after April 30, 2012, the determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.05 (post-split), subject to further adjustment as provided in the Series A Preferred with respect to certain corporate events.

	Series A Preferred totaled $15,535,450 at September 30, 2014. The maturities on the Series A Preferred are $14,320,450 payable through 2014 and $1,215,000 payable in 2015.

	Series B Preferred Stock (“Series B Preferred”)

	On September 30, 2013, the Company filed the Series B Preferred Stock Certificate of Designation with the Secretary of State of Nevada (the “Certificate of Designation”) authorizing 100 shares of Series B Preferred Stock and establishing the rights thereof.

	As set forth in the Certificate of Designation, each one (I) share of the Series B Preferred has voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of the Company’s Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000,000 the voting rights of one share of the Series B Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) - (0.019607 x 5,000,000) =02,036). With respect to all matters upon which stockholders are entitled to vote or to which stockholders are entitled to give consent, the holders of the outstanding shares of Series B Preferred shall vote together with the holders of Common Stock without regard to class, except as to those matters on which separate class voting is required by applicable law or the Articles of Incorporation or bylaws.

	The stated value of each share of Series B Preferred is $0.001. There is no dividend due or payable and there are no liquidation rights. Unless otherwise voted on by disinterested members of the Board of Directors, the Company shall redeem all shares of Series B Preferred for $1 on September 30, 2015. As a result of the redemption provision, the Series B Preferred was not classified as permanent equity.

	Effective September 30, 2013, the Company issued 100 shares (the “Shares”) of its Series B Preferred to Mr. Rodriguez solely for voting purposes. One share of Series B Preferred has the voting equivalent of not less than 0.67% of the issued and outstanding common stock (representing a super majority voting power) of the vote required to approve any action, in which the shareholders of the Company’s Common Stock may vote.

	Derivative Liabilities

	In connection with the issuances of equity instruments or debt, the Company may issue options or warrants to purchase common stock. In certain circumstances, these options or warrants may be classified as liabilities, rather than as equity. In addition, the equity instrument or debt may contain embedded derivative instruments, such as conversion options or listing requirements, which in certain circumstances may be required to be bifurcated from the associated host instrument and accounted for separately as a derivative liability instrument. The Company accounts for derivative liability instruments under the provisions of FASB ASC 815, “Derivatives and Hedging.”

	On November 8, 2012, the Company issued a warrant to purchase 4 million shares of Common Stock that contained a put option. As defined in the warrant, the warrant holder has the right to put the warrant back to the Company on or before May 6, 2013 if the Company does not file a proxy statement (as defined). The warrant holder is entitled to receive the greater of (i) the difference between the exercise price of the warrants of $0.30 and the 20-day average price of the Company’s Common Stock for the period preceding May 6, 2013 and (ii) $0.10 per share. The put option created a derivative liability which the Company valued at $0.10 per share as the Company’s stock price was below the strike price and has declined further since issuance. At both September 30, 2014 and December 31, 2013, the value of the warrant liability was $400,000.

	Stock Based Compensation

	As discussed above, a warrant to purchase 4 million shares of Common Stock, valued at $895,745, was issued on November 8, 2012 as partial consideration for a nine-month advisory agreement. The value of the warrant was recognized as deferred compensation and was amortized over the term of the agreement. For the nine and three months ended September 30, 2013, the Company recognized stock compensation expense of $696,691 and $99,527, respectively, and such expense was included in selling and general and administrative expenses.

LOANS_PAYABLE

LOANS PAYABLE	9 Months Ended
LOANS PAYABLE	Sep. 30, 2014
Loans Payable [Abstract]	'
LOANS PAYABLE	'
	NOTE 10 – LOANS PAYABLE

	At both September 30, 2014 and December 31, 2013, loans payable amounted to $167,206. Transactions were as follows:

	IDO Ltd. received non-interest bearing advances from a 2008 Investor (as defined in Note 7(i)). The advances are due on demand. At both June 30, 2014 and December 31, 2013, the Company owed $38,821.

	In November 2012, IDO Ltd. borrowed $75,000 under a loan agreement with the same 2008 Investor. The loan bears interest at the rate of 10% per annum and is secured by the inventory held by IDO Ltd. The principal and accrued interest is due on demand. At both June 30, 2014 and December 31, 2013, the Company owed principal of $75,000.

	The Company received working capital loans from certain former non-management affiliated stockholders of IDO Ltd. Amounts owed on the loans aggregated to $44,826 at both September 30, 2014 and December 30, 2013.

COMMITMENT_AND_CONTINGENCIES

COMMITMENT AND CONTINGENCIES	9 Months Ended
COMMITMENT AND CONTINGENCIES	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENT AND CONTINGENCIES	'
	NOTE 11 – COMMITMENT AND CONTINGENCIES

	Employment Agreement

	On June 5, 2013, the Company appointed Magdiel Rodriguez as its Chief Executive Officer. Effective September 16, 2013, the Company and Mr. Rodriguez entered into an Employment Agreement (the “Employment Agreement”) relating to Mr. Rodriguez remuneration. Pursuant to the Employment Agreement, Mr. Rodriguez will receive an annual base salary of $100,000, the payment of which is being deferred until such time as our financial condition permits us to make payments thereon. In addition, subject to his continued employment and subject further to the increase in the number of our authorized and unissued shares of Common Stock, in the event of Change in Control (as defined in the Employment Agreement) Mr. Rodriguez will be entitled to 3.5 million shares of our common stock (the “Shares”). In the event the employment of Mr. Rodriguez is terminated for any reason other than cause, then he is entitled to receive the Shares.

	Lawsuits

	(i) As the Company previously disclosed, in November 2012, the Tel-Aviv District Labor Court (the “District Court”) ruled in favor of Mr. Gil Stiss (“Stiss”), a former officer/director of IDO Ltd., in the lawsuit brought by Stiss against IDO Ltd. In the lawsuit which Stiss commenced in October 2009 against IDO Ltd. and a former director and the then General Manager of IDO Ltd., and which was first disclosed in the Company’s quarterly report on Form 10-Q for the quarter ended September 30, 2009, Stiss sought the payment of amounts purportedly due and payable to him under his employment agreement with IDO Ltd. Stiss was awarded judgment in the approximate amount of 1,475,000 in New Israeli Shekels (“ILS”), which is equivalent to approximately $387,000 at the time of the filing of this report, with interest and cost of living index adjustments computed from May 10, 2009 (“Judgment”). Stiss’ suit against the then officers/directors of IDO Ltd. was dismissed. The Company was not a party to the lawsuit.

	On December 20, 2012, IDO Ltd. filed a motion with the District Court to stay execution of the Judgment pending appeal and, on December 23, 2012, IDO Ltd. filed its appeal (the “Appeal”) of the Judgment with the National Labor Court (“National Court”). On January 13, 2013, the District Court partially accepted the motion to stay execution of the Judgment in excess of ILS 500,000 provided that, IDO Ltd. paid the amount of ILS 500,000 into the District Court by February 15, 2013. IDO Ltd. elected to not make such payment. On January 17, 2013, IDO Ltd. filed a follow-up motion with the National Court to stay execution of the Judgment pending appeal. On March 5, 2013 the National Court dismissed the motion to stay execution of the Judgment. In March 2013, Stiss moved to collect on the judgment and in connection therewith, has obtained liens on assets and bank accounts of IDO Ltd. As of the filing of this report, the Company estimates that the total amount due under the Judgment, including interest and living costs adjustments amounts as well as collection costs are approximately ILS 2,147,000, which is equivalent to approximately $583,000 at September 30, 2014 and $564,000 at the time of the filing of this report. Contacts with Stiss respecting a resolution and settlement of the matter are ongoing. No assurance can be provided that any successful resolution is possible or will in fact be reached. A reserve for lawsuit in the amount of $583,000 and $582,000 has been accrued at September 30, 2014 and December 31, 2013, respectively. Stiss has filed a lien against the assets of IDO Ltd. to secure the payment of the judgment.

	In August 2014, IDO Ltd. filed a motion to dismiss the Appeal and on September 4, 2014, the National Court dismissed the Appeal.

	In light of the foregoing, in April 2013, IDO Ltd. terminated all commercial activities in Israel. All employees were terminated and office premises closed. IDO Ltd. disposed of or abandoned most of its property and equipment.

	The Company and a third party engaged in the distribution, operation and maintenance of medical devices entered into a representation and manufacturing agreement pursuant to which the third party has been granted non-exclusive manufacturing rights of Company products and will also be granted the right to assist the Company in the management of sales, marketing and distribution of our products. While no assurance can be provided, the Company believes that the manufacturing activities formerly conducted by IDO Ltd. can be satisfactorily performed by such third party. Under the agreement with such third party, the Company undertook to remit to it $40,000 on a monthly basis in respect of the costs of manufacturing and marketing. While the company has remitted the required amounts in respect of the period from January through March 2013, its inability to raise working capital needed has prevented it from making timely payments subsequently. Accordingly, only limited service to existing devices is currently being accorded to customers, including the sale and servicing of spare parts. Until the Company raises significant working capital, it will not be able to resume production and fulfillment of orders and solicitations from third parties.

	(ii) On or about January 20, 2014, IDO Ltd. received a letter from a law firm purporting to represent certain terminated employees of IDO Ltd. threatening legal action if payment of salaries, social benefits, severance pay and associated penalties in an unspecified amount is not made by February 12, 2014. As of the date of filing of this report, neither IDO nor IDO Ltd. was served with such lawsuit and the Company cannot estimate the amount of any loss that may result.

	Representation and Manufacturing Agreement

	As discussed above, the Company signed a representation and management agreement. In consideration for all services rendered, the Company agreed to pay a monthly fee of $40,000 commencing January 1, 2013. The required payments have been remitted in respect of the period from January to March 2013. However, lack of sufficient capital has prevented the Company from making further required payments and such third party has been able to provide limited support to devices that have been previously sold. The Company will need to raise significant funds in order to manufacture additional devices, fully respond to product solicitations and inquiries from interested third parties.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 12 – SUBSEQUENT EVENTS

	Management has evaluated subsequent events through the date of this filing.

NET_LOSS_PER_SHARE_Tables

NET LOSS PER SHARE (Tables)	9 Months Ended
NET LOSS PER SHARE (Tables)	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of securities excluded from the calculation of net loss per share	'

		Shares of Common Stock
		Issuable upon Conversion/Exercise
		September 30,
		2014		2013
	Warrants		4,010,699		4,014,477
	Convertible notes		22,347		21,254
	Stock options		-		667
	Convertible preferred stock		41,104		37,655

CONVERTIBLE_PROMISSORY_NOTES_T

CONVERTIBLE PROMISSORY NOTES (Tables)	9 Months Ended
CONVERTIBLE PROMISSORY NOTES (Tables)	Sep. 30, 2014
Convertible Notes Payable [Abstract]	'
Schedule of convertible promissory notes	'

		September			December 31,
		30, 2014			2013
		(Unaudited)

	2008 Notes - secured and convertible - see (i) below	$	1,956,945		$	1,956,945

	December 2008 Notes - secured and convertible – see (ii) below		815,062			815,062

	2009 - 2011 Notes - secured and convertible - see (iii) below		4,010,579			4,010,579

	2012 Notes - secured and convertible - see (iv) below		962,245			1,321,803

	2014 Convertible Promissory notes - see (vii) below		190,000			-

	2014 Notes and Series A Preferred - see (viii) below		508,800			-

	Total		8,443,631			8,104,389

	Less: Discount		(2,520,577	)		(3,036,146	)
			5,923,054			5,068,243
	Less: Current Portion		(462,292	)		(2,125,237	)

	Total	$	5,460,762		$	2,943,006

BASIS_OF_PRESENTATION_Detail_T

BASIS OF PRESENTATION (Detail Textuals) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'	'
Accumulated losses	($58,247,921)	($55,555,281)

BASIS_OF_PRESENTATION_Detail_T1

BASIS OF PRESENTATION (Detail Textuals 1) (USD $)	82 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
Net proceeds from private placements of convertible securities and short-term debt	$7.80

NET_LOSS_PER_SHARE_Details

NET LOSS PER SHARE (Details)	9 Months Ended
NET LOSS PER SHARE (Details)	Sep. 30, 2014	Sep. 30, 2013
Warrants	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	4,010,699	4,014,477
Convertible notes	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	22,347	21,254
Stock options	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	'	667
Convertible preferred stock	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	41,104	37,655

INVENTORIES_Detail_Textuals

INVENTORIES (Detail Textuals) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]	'	'
Inventories of completed devices held in United States	$16,024	$16,024

BANK_LINE_OF_CREDIT_Detail_Tex

BANK LINE OF CREDIT (Detail Textuals) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]	'	'
Bank line of credit	$12,336	$12,026

NOTES_PAYABLE_Detail_Textuals

NOTES PAYABLE (Detail Textuals) (USD $)	Dec. 31, 2013	Sep. 30, 2014	Jul. 31, 2014
		Convertible notes	Notes Payable
			2008 Investors
			Investor
Debt Instrument [Line Items]	'	'	'
Number of investors	'	'	2
Principal amount secured convertible promissory notes	'	$190,000	$486,000
Interest rate on notes payable	'	'	2.50%
Notes payable	$387,200	'	'

CONVERTIBLE_PROMISSORY_NOTES_C

CONVERTIBLE PROMISSORY NOTES - Convertible promissory notes (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'
Less: Current Portion	$462,292	$2,125,237
Total	5,460,762	2,943,006
Convertible promissory notes	'	'
Debt Instrument [Line Items]	'	'
Total	8,443,631	8,104,389
Less: Discount	-2,520,577	-3,036,146
Convertible notes payable, net of discount	5,923,054	5,068,243
Less: Current Portion	-462,292	-2,125,237
Total	5,460,762	2,943,006
Convertible promissory notes \| 2008 Notes - secured and convertible - interest at 10%	'	'
Debt Instrument [Line Items]	'	'
Total	1,956,945	1,956,945
Convertible promissory notes \| December 2008 Notes - secured and convertible - interest at 10%	'	'
Debt Instrument [Line Items]	'	'
Total	815,062	815,062
Convertible promissory notes \| 2009 - 2011 Notes - secured and convertible - interest at 10%	'	'
Debt Instrument [Line Items]	'	'
Total	4,010,579	4,010,579
Convertible promissory notes \| 2012 Notes - secured and convertible - interest at 10%	'	'
Debt Instrument [Line Items]	'	'
Total	962,245	1,321,803
Convertible promissory notes \| 2014 Convertible Promissory note - interest at 10%	'	'
Debt Instrument [Line Items]	'	'
Total	190,000	'
Convertible promissory notes \| 2014 Notes and Series A Preferred - interest at 10%	'	'
Debt Instrument [Line Items]	'	'
Total	$508,800	'

CONVERTIBLE_PROMISSORY_NOTES_D

CONVERTIBLE PROMISSORY NOTES (Detail Textuals) (Convertible promissory notes, 2008 Notes - secured and convertible - interest at 10%, Private Placement, USD $)	Apr. 30, 2009	Jan. 24, 2008	Dec. 31, 2012
	Apr. 30, 2009	2008 Investors	2008 Investors
Debt Instrument [Line Items]	'	'	'
Gross proceeds from issuance of secured convertible promissory notes from private placement	'	$5,404,550	$1,337,723
Interest rate on promissory notes	10.00%	10.00%	'

CONVERTIBLE_PROMISSORY_NOTES_D1

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 1) (Convertible notes, 2008 Notes - secured and convertible - interest at 10%, 2008 Investors, USD $)	9 Months Ended
	Sep. 30, 2014
Debt Instrument [Line Items]	'
Conversion price for conversion of notes into shares of common stock (in dollars per share)	$3,000
Prepayment rate of aggregate principal amount of notes	5.00%
Percentage of outstanding principal investment holders required for action against default in payment	65.00%
Warrants	'
Debt Instrument [Line Items]	'
Maximum number of common shares called by warrants	1,802
Adjusted price per share	$450

CONVERTIBLE_PROMISSORY_NOTES_D2

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 2) (2008 Notes - secured and convertible - interest at 10%, Investors, USD $)	9 Months Ended
	Sep. 30, 2014
2008 Notes - secured and convertible - interest at 10% \| Investors	'
Debt Instrument [Line Items]	'
Liquidated damages on delay in filing registration statement	$540,000
Liquidated damages in respect of the delay in the filing of the registration statement, outstanding amount	$516,137

CONVERTIBLE_PROMISSORY_NOTES_D3

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 3) (USD $)	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Apr. 30, 2009	Sep. 30, 2014	Aug. 31, 2014	Oct. 31, 2008	Aug. 31, 2014	Dec. 17, 2008	Dec. 31, 2012	Dec. 17, 2008
	Holders of purchased securities	Holders of purchased securities	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes
	Minimum	Maximum		December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes
						Warrants	Warrants	Series A Preferred	Series A Preferred	Series A Preferred	December 2008 Private Placement
											Investors
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Proceeds from issuance of convertible notes and preferred stock	'	'	'	'	'	'	'	'	'	'	$548,474
Fees and expenses related to issue of December 2008 Private Placement	'	'	'	'	'	'	'	'	'	'	19,250
Interest rate on promissory notes	'	'	'	'	'	'	'	'	'	'	10.00%
Principal amount secured convertible promissory notes	'	'	$190,000	'	'	'	'	'	'	'	$1,066,540
Number of shares issued	'	'	'	'	'	'	'	0.19	8.9	'	'
Maximum number of common shares called by warrants	'	'	'	'	'	51	2,370	'	'	'	'
Conversion of investor warrants into common stock (in dollars per share)	'	'	'	'	'	$750	$750	'	'	'	'
Conversion price for conversion of notes into shares of common stock (in dollars per share)	'	'	'	'	$450	'	'	'	'	'	'
Prepayment rate of aggregate principal amount of notes	'	'	'	8.33%	'	'	'	'	'	8.33%	'
Cash payable as a percentage of principal due to convertible notes December 2008	'	'	'	110.00%	'	'	'	'	'	'	'
Cash payable as a percentage of other amounts due to convertible notes December 2008	'	'	'	100.00%	'	'	'	'	'	'	'
Notice days before repayment date	'	'	'	'5 days	'	'	'	'	'	'	'
Permissible percentage of aggregate shares held by holders of the Purchased Securities after conversion	4.99%	9.99%	'	'	'	'	'	'	'	'	'
Percentage of outstanding principal investment holders required for action against default in payment	'	'	'	'	65.00%	'	'	'	'	'	'

CONVERTIBLE_PROMISSORY_NOTES_D4

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 4) (Convertible notes, USD $)

9 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

2 Months Ended

12 Months Ended

1 Months Ended

Sep. 30, 2014

Dec. 31, 2012

Apr. 30, 2009

Aug. 31, 2014

Dec. 17, 2008

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Aug. 31, 2014

Jul. 31, 2014

Dec. 31, 2011

Apr. 30, 2009

Jan. 24, 2008

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Sep. 30, 2014

Dec. 31, 2012

Aug. 31, 2014

Oct. 31, 2008

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Jul. 31, 2014

2008 Notes

2012 Notes

December 2008 Notes

2009 - 2011 Notes

2014 Notes

Private Placement

Warrants

Two Investors

Series A Preferred

Two Investors

Rolled Over Notes Payable

2008 Notes

2012 Notes

December 2008 Notes

2009 - 2011 Notes

2008 Notes

2012 Notes

December 2008 Notes

2009 - 2011 Notes

2014 Notes

Two Investors

Debt Instrument [Line Items]

Interest rate on promissory notes

10.00%

Proceeds from issuance of private placement

$5,404,550

$1,337,723

$2,359,134

$318,940

$1,332,500

Proceeds from contributed capital

1,456,880

902,254

Short-term notes issues aggregate principal amount

190,000

1,337,723

2,359,134

318,940

1,432,500

Number of shares issued

11.14

0.19

8.9

19.7

2.7

11.9

4.05

Term of warrants issued

'5 years

Maximum number of common shares called by warrants

1,802

2,972

2,370

5,242

709

3,183

1,080

Conversion of investor warrants into common stock (in dollars per share)

$450

$750

Prepayment rate of aggregate principal amount of notes

5.00%

8.33%

Shares issued for payment of principal amount

374,800,000

Payment for principal and interest

$374,605

CONVERTIBLE_PROMISSORY_NOTES_D5

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 5) (Convertible notes, USD $)	1 Months Ended
	Jul. 31, 2014	Oct. 31, 2014	Sep. 30, 2014
	Jul. 31, 2014	Subsequent Event	2008 Investors
Debt Instrument [Line Items]	'	'	'
Percentage of principal outstanding notes eligible for effective date modification	66.67%	66.67%	'
Reduced interest rate percentage	'	'	2.50%
Dividing factor to number of shares of common stock, discount from lowest bid price	50.00%	'	'
Dividing factor to number of shares of common stock, threshold consecutive trading days	'20 days	'	'
Dividing factor to number of shares of common stock	$0.05	$0.05	$0.30
Effective rate of return for determination of fair value of the notes approximately	'	'	31.00%
Residual portion of principal amount of debt instrument written down to fair value	'	'	$5,483,839
Fair market value of notes	'	'	$1,566,704

CONVERTIBLE_PROMISSORY_NOTES_D6

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 6) (USD $)

9 Months Ended

82 Months Ended

6 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Dec. 31, 2013

Aug. 31, 2014

Apr. 30, 2009

Sep. 30, 2014

Aug. 31, 2014

Oct. 31, 2008

Aug. 31, 2014

Dec. 17, 2008

Dec. 31, 2012

Aug. 31, 2014

Jul. 31, 2014

Oct. 31, 2014

Mar. 31, 2014

Sep. 30, 2014

Convertible notes

Note

December 2008 Notes - secured and convertible - interest at 10%

2014 Notes

Subsequent Event

Consulting Agreement

Warrants

Series Preferred

Warrants

Series Preferred

Note

Affiliate Of Minority Stockholder

Day

Debt Instrument [Line Items]

Monthly fees in the form of convertible promissory note payable

$5,923,054

$5,068,243

$30,000

Period of term of convertible promissory notes

'5 years

'6 months

Convertible promissory notes bearing interest rate

10.00%

Threshold percentage of low closing bid price

50.00%

Threshold trading days

Unpaid interest is convertible into shares of common stock price per share

$450

$0.00

Convertible notes, amortization of the debt discount

765,184

1,878,431

80,482

120,518

Convertible notes, unamortized discount

2,520,577

3,036,146

49,810

Gain on the change in fair value of the conversion option

106,666

59,321

Fair value of conversion option

266,667

Number of convertible notes issued

Principal amount secured convertible promissory notes

190,000

30,000

Amount of additional promissory notes issued

$7,800,000

$22,800

Number of shares issued

0.19

8.9

4.05

Maximum number of common shares called by warrants

2,370

1,080

Conversion of investor warrants into common stock (in dollars per share)

$750

Prepayment rate of aggregate principal amount of notes

8.33%

CONVERTIBLE_PROMISSORY_NOTES_D7

CONVERTIBLE PROMISSORY NOTES (Detail Textuals 7) (Convertible promissory notes, USD $)	Aug. 31, 2014
Convertible promissory notes	'
Debt Instrument [Line Items]	'
Maturities of convertible promissory notes through 2014	$422,102
Maturities of convertible promissory notes payable in 2015	422,481
Maturities of convertible promissory notes in 2017	$7,599,048

CAPITAL_TRANSACTIONS_Detail_Te

CAPITAL TRANSACTIONS (Detail Textuals) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2015	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2014
			Series A Preferred	Series A Preferred	Series A Preferred	Series A Preferred	Series A Preferred	Series A Preferred	Series B Preferred Stock	Series B Preferred Stock	Common Stock
								Subsequent Event		Magdiel Rodriguez
Stockholders Equity Note [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Payment of principal and interest	'	'	'	'	'	'	'	'	'	'	$374,605
Payment for principal and interest (in shares)	'	'	'	'	'	'	'	'	'	'	374,800,000
Dividend rate of preferred stock	'	'	'	'	10.00%	'	'	'	'	'	'
Percentage of series A preferred outstanding held by shareholder	'	'	'	'	'66 2/3	'	'	'	'	'	'
Increased dividend rate of preferred stock	'	'	'	'	15.00%	'	'	'	'	'	'
Stated value of each share of preferred stock	'	'	'	'	$300,000	'	'	'	'	'	'
Convertible price each share of preferred stock (in dollars per share)	'	'	'	'	$450	'	'	'	'	'	'
Percentage of series A preferred outstanding redeemed	'	'	'	'	8.33%	'	'	'	'	'	'
Dividends declared	'	'	89,997	93,310	267,056	276,887	'	'	'	'	'
Dividends payable	'	'	2,961,201	'	2,961,201	'	2,694,145	'	'	'	'
Dividends and deemed dividends included in interest expense	'	'	137,636	473,240	491,236	1,601,163	'	'	'	'	'
Percentage of dividend to eliminate	'	'	'	'	10.00%	'	'	'	'	'	'
Dividing factor to number of shares of common stock	'	'	$0.30	'	$0.30	'	'	'	'	'	'
Redemption payments on series A preferred 2014	'	'	15,535,450	'	15,535,450	'	'	'	'	'	'
Preferred stock, shares authorized	6,500	6,500	66.6667	'	66.6667	'	'	'	'	'	'
Preferred stock, shares outstanding	'	'	52.1	'	52.1	'	47.9	'	'	'	'
Preferred stock, shares issued	'	'	52.1	'	52.1	'	47.9	'	'	100	'
Description of preferred stock in Certificate of Designation	'	'	'	'	'	'	'	'	'As set forth in the Certificate of Designation, each one (I) share of the Series B Preferred has voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of the Company's Common Stock eligible to vote at the time of the respective vote (the "Numerator"), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000,000 the voting rights of one share of the Series B Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) - (0.019607 x 5,000,000) =02,036).	'	'
Stated value of each share	'	'	'	'	'	'	'	'	$0.00	'	'
Preferred stock to be redeemed, value	'	'	$14,320,450	'	$14,320,450	'	'	$1,215,000	$1	'	'
Description of stock voting rights	'	'	'	'	'	'	'	'	'	'One share of Series B Preferred has the voting equivalent of not less than 0.67% of the issued and outstanding common stock (representing a super majority voting power) of the vote required to approve any action, in which the shareholders of the Company's Common Stock may vote.	'

CAPITAL_TRANSACTIONS_Detail_Te1

CAPITAL TRANSACTIONS (Detail Textuals 1) (Convertible notes, USD $)	1 Months Ended
	Jul. 31, 2014	Oct. 31, 2014
	Jul. 31, 2014	Subsequent Event
Debt Instrument [Line Items]	'	'
Percentage of principal outstanding notes eligible for effective date modification	66.67%	66.67%
Dividing factor to number of shares of common stock	$0.05	$0.05
Dividing factor to number of shares of common stock, discount from lowest bid price	50.00%	'
Dividing factor to number of shares of common stock, threshold consecutive trading days	'20 days	'

CAPITAL_TRANSACTIONS_Detail_Te2

CAPITAL TRANSACTIONS (Detail Textuals 2) (Warrants, USD $)	0 Months Ended
CAPITAL TRANSACTIONS (Detail Textuals 2) (Warrants, USD $)	Nov. 08, 2012	Sep. 30, 2014	Dec. 31, 2013
Warrants	'	'	'
Derivative [Line Items]	'	'	'
Maximum number of common shares called by warrants	4,000,000	'	'
Exercise price of warrants	$0.30	'	'
Number of days to calculate average price of common stock	'20 days	'	'
Additional price per share	$0.10	'	'
Stock price per share	$0.10	'	'
Warrant liability recorded	'	$400,000	$400,000

CAPITAL_TRANSACTIONS_Detail_Te3

CAPITAL TRANSACTIONS (Detail Textuals 3) (USD $)	0 Months Ended	3 Months Ended	9 Months Ended
CAPITAL TRANSACTIONS (Detail Textuals 3) (USD $)	Nov. 08, 2012	Sep. 30, 2013	Sep. 30, 2013
Stockholders Equity Note [Line Items]	'	'	'
Stock based compensation - selling and general and administrative	'	'	$696,691
Warrants \| Advisory Agreement	'	'	'
Stockholders Equity Note [Line Items]	'	'	'
Maximum number of common shares called by warrants	4,000,000	'	'
Term specified for advisory agreement	'9 months	'	'
Amount of common stock shares to be issued under warrant	895,745	'	'
Stock based compensation - selling and general and administrative	'	$99,527	$696,691

LOANS_PAYABLE_Detail_Textuals

LOANS PAYABLE (Detail Textuals) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Dec. 31, 2013
LOANS PAYABLE (Detail Textuals) (USD $)	Sep. 30, 2014	Dec. 31, 2013	2008 Investors	2008 Investors
Related Party Transaction [Line Items]	'	'	'	'
Loans payable	$173,473	$167,206	'	'
Loans payable - bank	'	'	$38,821	$38,821

LOANS_PAYABLE_Detail_Textuals_

LOANS PAYABLE (Detail Textuals 1) (USD $)	1 Months Ended
	Nov. 30, 2012	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
	2008 Investors	2008 Investors	2008 Investors	Former non-management affiliated stockholders	Former non-management affiliated stockholders
	Loan Agreement	Loan Agreement	Loan Agreement
	Commercial Bank Loan	Commercial Bank Loan	Commercial Bank Loan
Related Party Transaction [Line Items]	'	'	'	'	'
Amount borrowed under loan agreement	$75,000	'	'	'	'
Interest rate on notes payable	10.00%	'	'	'	'
Principal amount secured convertible promissory notes	'	75,000	75,000	'	'
Working capital loans	'	'	'	$44,826	$44,826

COMMITMENT_AND_CONTINGENCIES_D

COMMITMENT AND CONTINGENCIES (Detail Textuals) (Employment Agreement, Magdiel Rodriguez, USD $)	0 Months Ended
Share data in Millions, unless otherwise specified	Sep. 16, 2013
Employment Agreement \| Magdiel Rodriguez	'
Commitments And Contingencies [Line Items]	'
Annual base salary	$100,000
Number of authorized and unissued shares of common stock entitled	3.5

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Detail Textuals 1)	0 Months Ended			9 Months Ended
	Aug. 08, 2013	Feb. 15, 2013	Jan. 13, 2013	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Dec. 20, 2012
	USD ($)	ILS	ILS	USD ($)	ILS	USD ($)	USD ($)
Commitments and Contingencies Disclosure [Abstract]	'	'	'	'	'	'	'
Damages awarded judgment amount	'	'	'	$387,000	1,475,000	'	'
Partially accept minimum amount of motion to stay execution of judgment	'	'	500,000	'	'	'	'
Amount paid to legal authority	'	500,000	'	'	'	'	'
Total amount due under the Judgment	'	'	'	583,000	2,147,000	'	564,000
Accrued reserve for lawsuit	'	'	'	583,000	'	582,000	'
Monthly fee to be paid against consideration for services rendered	$40,000	'	'	'	'	'	'