Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Details Narrative)

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STOCK BASED COMPENSATION (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
May 18, 2016
Sep. 28, 2010
Share-based Compensation $ 154,707 $ 192,457    
Number of shares granted 5,000      
Number of unvested options outstanding 161,305      
Unrecognized compensation cost $ 876,000      
Vesting period 1 year 7 months 13 days      
Stock Option and Incentive Plan 2010 [Member]        
Shares held in employee stock option plan suspense shares     133,333 66,667
Number of shares available for grant 311,779      
Scientific Advisor [Member]        
Number of shares granted 5,000