CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS

3 Months Ended

Jun. 30, 2015

CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS

CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS

NOTE 14 - CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS

We maintain bank account balances, which, at times, may exceed Federal Deposit Insurance Corporation insured limits. We have not experienced any losses with these accounts and believe that we are not exposed to any significant credit risk on cash.

At June 30, 2015, there were accounts receivable balances outstanding from six customers comprising 98% of the total receivables balance. The following table sets forth information as to accounts receivable from customers who accounted for more than 10% of our accounts receivable balance as of:

	June 30, 2015				March 31, 2015
Customer	Dollars		Percent		Dollars		Percent
A	$	143,028	17	%	$	296,815	36	%
B	$	*	*	%	$	128,738	16	%
C	$	128,844	16	%	$	123,604	15	%
D	$	162,491	20	%	$	*	*	%
E	$	96,616	12	%	$	*	*	%
F	$	176,088	21	%	$	*	*	%
G	$	97,500	12	%	$	*	*	%

*less than 10% of total

We have been dependent in each year on a small number of customers who generate a significant portion of our business, and these customers change from year to year. The following table sets forth information as to net sales from customers who accounted for more than 10% of our revenue for the three months ended:

	June 30, 2015				June 30, 2014
Customer	Dollars		Percent		Dollars		Percent
A	$	1,177,537	27	%	$	1,862,707	30	%
B	$	*	*	%	$	1,762,985	28	%
C	$	666,989	15	%	$	*	*	%
D	$	535,092	12	%	$	*	*	%
E	$	469,718	11	%	$	*	*	%

*less than 10% of total