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 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
May 09, 2017
May 18, 2016
Sep. 28, 2010
Share-based Compensation $ 181,408 $ 200,187 $ 336,115 $ 392,664      
Number of shares granted     1,716,323        
Number of unvested options outstanding 1,840,530   1,840,530        
Unrecognized compensation cost $ 1,427,000   $ 1,427,000        
Vesting period     2 years 1 month 6 days        
Stock Option and Incentive Plan 2010 [Member]              
Shares held in employee stock option plan suspense shares         1,500,000 133,333 66,667
Number of shares available for grant 100,456   100,456        
Scientific Advisor [Member]              
Number of shares granted     1,716,323