CONCENTRATIONS

9 Months Ended

Sep. 30, 2016

CONCENTRATIONS

CONCENTRATIONS

NOTE 14 – CONCENTRATIONS

For the nine months ended September 30, 2016, no customer accounted for more than 10% of sales and one supplier accounted for 21.7% of raw material purchases. At September 30, 2016, three customers accounted for 28.3%, 11.3% and 11% of accounts receivable, respectively. 

For the nine months ended September 30, 2015, one customer accounted for 10.0% of sales. For the nine months ended September 30, 2015, purchases from one supplier accounted for 20.5% of raw material purchases. At September 30, 2015, two customers accounted for 17.6% and 10.8% of accounts receivable, respectively.