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Inventories
9 Months Ended
Sep. 30, 2017
Inventory Disclosure [Abstract]  
Inventories

NOTE 5 – INVENTORIES

 

Inventories consisted of the following at September 30, 2017 and December 31, 2016:

 

    September 30, 2017     December 31, 2016  
             
Finished goods   $ 2,268,100     $ 4,102,621  
Spare parts     161,092       183,357  
Reserves for inventory obsolescence     (58,087 )     (121,862 )
                 
Inventories, net   $ 2,371,105     $ 4,164,116  

 

During the nine months ended September 30, 2017 and 2016, the Company wrote off obsolete inventories of $48,692 and $311,493, respectively.