CONCENTRATION OF CUSTOMERS

3 Months Ended

Mar. 31, 2015

Concentration Risk Disclosure [Text Block]

NOTE 17 - CONCENTRATION OF CUSTOMERS

Two customers accounted for 28% and 11% of the Company’s revenue during the three-month period ended March 31, 2015. One customer accounted for 15% of the Company’s accounts receivable as of March 31, 2015. One customer accounted for 12% of financing receivables as of March 31, 2015.

Two customers accounted for 20% and 17% of the Company’s revenue during the three-month period ended March 31, 2014. Two customers accounted for 19% and 15% of the Company’s accounts receivable as of March 31, 2014. One customer accounted for 53% of financing receivables as of March 31, 2014.

- 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.

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