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6. CONCENTRATIONS
9 Months Ended
Nov. 30, 2015
Notes to Financial Statements  
CONCENTRATIONS

NOTE 6:    CONCENTRATIONS

 

Sales to two customers accounted for 61% and 64%, respectively, of sales for the three and nine month period ended November 30, 2015. Accounts receivable from these two customers amounted to $702,797 or 84% of accounts receivable as of November 30, 2015.

 

Sales to three customers accounted for 63% and 61% of sales for the three and nine month periods ended November 30, 2014, respectively. Accounts receivable from these three customers amounted to $233,000 or 70% of accounts receivable as of November 30, 2014. The Company also had four significant customers at February 28, 2015 who accounted for approximately 76% of net accounts receivable.