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Inventories

6 Months Ended

Jun. 30, 2011

NOTE 2 — Inventories

Inventories consist of the following:


	June 30,		December 31,
	2011		2010
Finished goods	$	828,002	$	613,009
Raw materials and sub-assemblies		233,057		285,409

	$	1,061,059	$	898,418

Purchases of finished assemblies and components from three major vendors represented 40%, 26% and 24% of the total inventory purchased in the six months ended June 30, 2011, and two vendors accounted for 37% and 33% for the six months ended June 30, 2010. The Company has arrangements with these vendors to purchase product based on purchase orders periodically issued by the Company.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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