CONCENTRATIONS	9 Months Ended
Oct. 31, 2021
CONCENTRATIONS
NOTE 13 - CONCENTRATIONS	NOTE 13 - CONCENTRATIONS At the present time, we are dependent on a limited number of customers for all of our business, revenue and results of operations, the most significant of which is a related party. The Company’s major revenues for the nine months ended October 31, 2021 were from six significant customers, one of which was Articulate Pty Ltd (“Articulate”), a related party, which is wholly-owned by Anthony Brian Goodman, Chief Executive Officer and Chairman of the Company and his wife Marla Goodman. For the nine months ended October 31, 2021, the aggregate amount of revenues from those six significant customers was $8,800,658 which represents 94% of the total revenues of $9,333,492. Articulate’s revenues amounted to $1,525,091 for the nine months ended October 31, 2021 which accounted for 16% of the revenues. Revenues from the top customer amounted to $4,448,280, which accounted for 48% of total revenues. The remaining four significant customers accounted for 30% of the revenues. As of October 31, 2021, the net trading receivable from our customers was $2,726,845. Articulate accounted for $1,306,896 or 48% of the net receivable balance; the remaining five significant customers accounted for 46% of the net accounts receivable. During the nine months ended October 31, 2021, total cash received from customers was approximately $9.3 million. Articulate accounted for 9% of the payments against the accounts receivables while the other five significant customers accounted for 85% of the cash received from customers.

CONCENTRATIONS

9 Months Ended

Oct. 31, 2021

NOTE 13 - CONCENTRATIONS

At the present time, we are dependent on a limited number of customers for all of our business, revenue and results of operations, the most significant of which is a related party. The Company’s major revenues for the nine months ended October 31, 2021 were from six significant customers, one of which was Articulate Pty Ltd (“Articulate”), a related party, which is wholly-owned by Anthony Brian Goodman, Chief Executive Officer and Chairman of the Company and his wife Marla Goodman. For the nine months ended October 31, 2021, the aggregate amount of revenues from those six significant customers was $8,800,658 which represents 94% of the total revenues of $9,333,492. Articulate’s revenues amounted to $1,525,091 for the nine months ended October 31, 2021 which accounted for 16% of the revenues. Revenues from the top customer amounted to $4,448,280, which accounted for 48% of total revenues. The remaining four significant customers accounted for 30% of the revenues.

As of October 31, 2021, the net trading receivable from our customers was $2,726,845. Articulate accounted for $1,306,896 or 48% of the net receivable balance; the remaining five significant customers accounted for 46% of the net accounts receivable.

During the nine months ended October 31, 2021, total cash received from customers was approximately $9.3 million. Articulate accounted for 9% of the payments against the accounts receivables while the other five significant customers accounted for 85% of the cash received from customers.