CUSTOMER CREDIT CONCENTRATIONS

6 Months Ended

Jun. 30, 2015

Concentration Risk Disclosure [Text Block]

6. CUSTOMER CREDIT CONCENTRATIONS

The Company sells to three entities owned by the brother of Robert Carmichael, the Company’s Chief Executive officer, and three Company’s owned by the Chief Executive Officer as further discussed in Note 7. RELATED PARTIES TRANSACTIONS. Combined sales to these six entities for the three months ended June 30, 2015 and 2014, represented 34.21% and 35.94%, respectively, of total net revenues. Combined sales to these six entities for the six months ended June 30, 2015 and 2014, represented 35.19% and 45.81%, respectively, of total net revenues. Sales to no other customers for the three and six months ended June 30, 2015, and June 30, 2014 represented greater than 10% of net revenues for the respective periods.