NOTE 11 - CONCENTRATIONS AND CREDIT RISK

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

NOTE 11 - CONCENTRATIONS AND CREDIT RISK

NOTE 11 – CONCENTRATIONS AND CREDIT RISK

Customers and Credit Concentrations

During the first quarter 2013, 21.71% of our net sales were to two customers compared to 32.5% during first quarter 2012. As of March 31, 2013, accounts receivable for these customers accounted for 87.37% of total accounts receivable as compared to 50% during first quarter 2012.

Vendor Concentrations

During the first quarter 2013, 33.4% of our purchases were from one vendor as compared to 68% during first quarter 2012.