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CONCENTRATION
12 Months Ended
Sep. 30, 2019
Concentration Risks, Types, No Concentration Percentage [Abstract]  
CONCENTRATION

NOTE 9– CONCENTRATION

 

Revenue

 

The following table sets forth our sales to customers during the years ended September 30, 2019 and 2018.

 

 

 

Year ended September 30, 2019

 

 

Year ended September 30, 2018

 

 

 

Sales

 

 

Percent

 

 

Sales

 

 

Percent

 

Customer A

 

$ 1,274,000

 

 

 

94 %

 

$ 4,271,500

 

 

 

53 %

Customer B

 

 

-

 

 

 

-

 

 

 

3,743,000

 

 

 

47 %

Customer C

 

 

80,000

 

 

 

6 %

 

 

-

 

 

 

-

 

Total

 

$ 1,354,000

 

 

 

100 %

 

$ 8,014,500

 

 

 

100 %

 

Purchase

 

During the year ended September 30, 2019, all purchases were derived from purchase contracts with one supplier of Cordyceps products.

 

During the year ended September 30, 2018, all purchases were derived from purchase contracts with two suppliers, which represent 70% and 30% of total purchases, respectively. These suppliers were different from the sole supplier for the year ended September 30, 2019.