XML 48 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONCENTRATIONS OF RISK (TABLES)
12 Months Ended
Dec. 31, 2012
CONCENTRATIONS OF RISK (TABLES)  
Accounts receivable at period-end date.

      Year ended December 31, 2012     December 31, 2012

 

Customer

    Revenue  

Percentage

of revenue

   

Accounts

receivable, trade

                     
Customer D     $ 2,698,546   53%     $ 966,975
Customer E       1,208,750   24%       268,278
Customer F       1,100,374   22%       -
                     
  Total:   $ 5,007,670   99%     $ 1,235,253

 

 

 

      Year ended December 31, 2011     December 31, 2011

 

Customer

    Revenue  

Percentage

of revenue

   

Accounts

receivable, trade

                     
Customer A     $ 2,436,693   64%     $ -
Customer B       576,883   15%       -
Customer C       444,102   12%       -
                     
  Total:   $ 3,457,678   91%     $ -

 

 

 

Accounts payable at period-end date.

 

      Year ended December 31, 2012     December 31, 2012

 

Vendor

    Purchases  

Percentage

of purchases

   

Accounts

payable, trade

                     
Vendor A     $ 1,628,800   54%     $ 505,110
Vendor B       468,849   16%       7,925
Vendor C       408,384   14%       -
                     
  Total:   $ 2,506,033   84%     $ 513,035

 

 

 

      Year ended December 31, 2011     December 31, 2011

 

Vendor

    Purchases  

Percentage

of purchases

   

Accounts

payable, trade

                     
Vendor A     $ 350,287   32%     $ 61,452
Vendor B       349,485   32%       17,695
                     
  Total:   $ 699,772   64%     $ 79,147