Concentration Of Credit Risk

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements

Note 10. CONCENTRATION OF CREDIT RISK

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of accounts receivable. Receivables are stated at the amounts management expects to collect from outstanding balances. Generally, the Company does not require collateral or other security to support contract receivables.

The Company had no major customers for the period ending March 31, 2014 and had one major customer for the period ending March 31, 2013. A major customer is defined as one that purchases ten-percent or more in a reporting period. Net sales for the three months ended March 31, 2014 and 2013 include sales to the following major customer:

Customer	2014		2013
AV Industry Le Havre		-		24.3	%

We had no accounts receivable balance from AV Industry Le Havre at March 31, 2014 and December 31, 2013.

The Company had major suppliers in each of the reporting periods presented. A major supplier is defined as one that provides ten-percent or more of total cost-of-sales in a particular reporting period or has an outstanding account payable balance of ten-percent or more as of the reporting period.

	Purchases During 3 Months ending March 31, 2014			Account Payable Percentage at March 31, 2014			Purchases During 3 Months ending March 31, 2013			Account Payable Percentage at December 31, 2013
Eminence Speaker LLC		89	%		48	%		26	%		46	%
Sonavox Canada, Inc.		8	%		12	%		41	%		16	%
Actiway Industrial Co.		-			21	%		30	%		25	%