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CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS (Tables) (Customer concentration)
9 Months Ended
Dec. 31, 2013
Receivable balance
 
Concentration of credit risk and major customers  
Schedule of concentration of risk by factors

 

 

 

December 31, 2013

 

March 31, 2013

 

Customer

 

Dollars

 

Percent

 

Dollars

 

Percent

 

A

 

$

1,081,061

 

45

%

$

915,632

 

21

%

B

 

$

520,366

 

22

%

$

10,465

 

%

C

 

$

55,900

 

2

%

$

2,379,078

 

55

%

D

 

$

 

%

$

516,174

 

12

%

 

Net sales
 
Concentration of credit risk and major customers  
Schedule of concentration of risk by factors

 

 

 

December 31, 2013

 

December 31, 2012

 

Customer

 

Dollars

 

Percent

 

Dollars

 

Percent

 

A

 

$

3,620,323

 

21

%

$

2,022,324

 

9

%

B

 

$

2,948,045

 

17

%

$

3,268,739

 

15

%

C

 

$

1,771,559

 

10

%

$

4,932,574

 

22

%

D

 

$

1,152,653

 

7

%

$

4,203,458

 

19

%

E

 

$

143,036

 

1

%

$

2,736,642

 

12

%