Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Details 4)

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STOCK-BASED COMPENSATION (Details 4) - 2015 Stock Option Plan [Member] - Performance Based Share Options [Member] - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]    
Outstanding at beginning 1,000,000
Granted 1,000,000
Exercised
Forfeited
Outstanding at ending 1,000,000 1,000,000
Options exercisable at ending 333,333
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]    
Outstanding at beginning $ 1.70
Granted 1.70
Exercised
Forfeited
Outstanding at ending 1.70 1.70
Options exercisable at ending 1.70
Weighted average fair value of options granted during the period $ 1.16
Stock-based compensation expense $ 502,904 $ 293,363