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SIGNIFICANT CUSTOMERS
12 Months Ended
Dec. 31, 2011
SIGNIFICANT CUSTOMERS  
SIGNIFICANT CUSTOMERS

NOTE 5 – SIGNIFICANT CUSTOMERS

 

A significant portion of the Company’s revenues is derived from a limited number of unaffiliated customers. In 2011, all of the Company’s commissions were earned from one unaffiliated company. Three unaffiliated customers comprised 75.8% of our sales revenues, with the individual customers comprising 33.9%, 24.4% and 33.9% of total revenues, respectively. In 2010, all of its commission revenues were earned from two unaffiliated companies, with 93% of the commission revenues being earned from one of those companies.  Two unaffiliated customers comprised 57.3% and 17.9%, respectively, of its direct sales revenues. The Company has no ongoing agreements with any of these companies. The loss of any one or group of these companies would have a material adverse impact on the Company’s operations.