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Customer Credit Concentrations
9 Months Ended
Sep. 30, 2018
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 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 September 30, 2018 and 2017, represented 24.07% and 27.74% respectively, of total net revenues. Combined sales to these six (6) entities for the nine months ended September 30, 2018 and 2017, represented 24.85% and 33.76% respectively, of total net revenues.