Note 11 - Concentration of Risks

3 Months Ended

Jun. 30, 2012

Note 11 - Concentration of Risks:

Note 11 - Concentration of Risks

NOTE 11 – CONCENTRATION OF RISKS

Two major customers accounted for approximately 76% of the net revenue for the nine months ended June 30, 2011, with each customer individually accounted for 44% and 32%, respectively. Three major customers accounted for approximately 95% of the account receivable as of June 30, 2011, with each customer individually accounting for 63%, 16% and 16% respectively

One major vendor provided approximately 99% and 98% of the Company’s purchase of raw material for the three and nine months ended June 30, 2011, respectively.

None of the vendors and customers mentioned above are related parties to the Company.