CONCENTRATION OF CUSTOMERS

9 Months Ended

Sep. 30, 2013

Concentration Risk Disclosure [Text Block]

NOTE 17 - CONCENTRATION OF CUSTOMERS

Two customers accounted for 19% and 10% of the Company’s revenue during the nine-month period ended September 30, 2013 and 11% and 12% of the Company’s accounts receivable as of September 30, 2013. One customer accounted for 56% of finance receivables as of September 30, 2013.

Two customers accounted for 21% and 16% of the Company’s revenue during the nine-month period ended September 30, 2012. One customer accounted for 14% of the Company’s accounts receivable as of September 30, 2012. One customer accounted for 77% of notes and sales-type lease receivables as of September 30, 2012.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References+ Details