CONCENTRATIONS

6 Months Ended

Jun. 30, 2013

CONCENTRATIONS

CONCENTRATIONS

NOTE 13 – CONCENTRATIONS

At June 30, 2013, one customer accounted for 11.7% of accounts receivable.  At December 31, 2012, no customer accounted for more than 10.0% of accounts receivable.

For the six months ended June 30, 2013, two customers accounted for 10.3% and 10.2% of sales, respectively. For the six months ended June 30, 2012, no customer accounted for more than 10% of sales.

For the six months ended June 30, 2013, purchases from one supplier accounted for 26.9% of raw material purchases. For the six months ended June 30, 2012, purchases from two suppliers accounted for 14.6% and 11.0% of raw material purchases, respectively.