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Customer Credit Concentrations
6 Months Ended
Jun. 30, 2019
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 six month periods ended June 30, 2019 and 2018, represented 25.24 % and 24.31% respectively, of total net revenues.

 

In excess of 90% of our total net revenues are made up of product sales to customers within the state of Florida.