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Advances on Contracts
6 Months Ended
Jun. 30, 2014
Advances on Contracts

NOTE – 8 ADVANCES ON CONTRACTS

The net advances on contracts represent funding of future STA inventory purchases. The balance of the net advances as of June 30, 2014 and December 31, 2013 is $1,673,682 and $2,308,352, respectively. The portion of the advance that is expected to be utilized in the next twelve months is classified as current asset, with the remainder classified as non-current asset.