Concentration of Credit Risk

12 Months Ended

Dec. 31, 2015

Concentration Risk Disclosure [Text Block]

Note 2 – Concentration of Credit Risk

The Company maintains cash balances in financial institutions in excess of federally insured limits. Other than Elemetal, LLC (“Elemetal”), the Company has no retail or wholesale customers that account for more than 10% of its revenues. During Fiscal 2015, 24% of sales and 26% of purchases were transactions with Elemetal, and in Fiscal 2014 these transactions represented 23% of sales and 26% of purchases. Elemetal accounted for 74% and 24% of the Company’s accounts receivable, as of December 31, 2015 and 2014, respectively.