Concentration of Credit Risk

9 Months Ended

Sep. 30, 2013

Concentration Risk Disclosure [Text Block]

NOTE 8 - Concentration of Credit Risk

The Company’s top three customers accounted for approximately 45%, 11%, and 11% of total revenue for the nine months ended September 30, 2013. Two customers accounted for 45% and 10% of total revenue for the nine months ended September 30, 2012.

The Company’s top three customers accounted for approximately 36%, 16%, and 14% of total revenue for the three months ended September 30, 2013. Two customers accounted for 40% and 11% of total revenue for the three months ended September 30, 2012.

Three customers accounted for approximately 53%, 15%, and 14% of accounts receivable as of September 30, 2013 as compared to the two customers accounting for 43% and 11% of accounts receivable as of September 30, 2012.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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