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Major Customers and Credit Concentration
6 Months Ended
Jun. 30, 2016
MAJOR CUSTOMERS AND CREDIT CONCENTRATION [Abstract]  
MAJOR CUSTOMERS AND CREDIT CONCENTRATION

NOTE 15 – MAJOR CUSTOMERS AND CREDIT CONCENTRATION

 

The Company’s customers are food manufacturers, school districts and distributors. There were three significant customers who accounted for 29%, 13% and 10% of total sales for the six months ended June 30, 2016. There were three significant customers who accounted for 45%, 23% and 14% of the total accounts receivable for the six months ended June 30, 2016.

 

The Company maintains cash deposits with major banks, which from time to time may exceed federally insured limits. The Company periodically assesses the financial condition of the institutions and believes that the risk of any loss is minimal.