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Customer Credit Concentrations
6 Months Ended
Jun. 30, 2016
Risks and Uncertainties [Abstract]  
Customer Credit Concentrations
6. CUSTOMER CREDIT CONCENTRATIONS

 

The Company sells to three (3) entities owned by the brother of Robert Carmichael, the Company’s Chief Executive Officer, and three (3) companies owned or controlled by the Chief Executive Officer as further discussed in Note 7. RELATED PARTIES TRANSACTIONS. Combined sales to these six (6) entities for the three months ended June 30, 2016 and 2015, represented 34.80% and 34.21% respectively, of total net revenues. Combined sales to these six (6) entities for the six months ended June 30, 2016 and 2015, represented 32.27% and 35.19% respectively, of total net revenues.