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Concentrations

12 Months Ended

Dec. 31, 2016

Notes

Concentrations

NOTE 10 – Concentrations

Revenues – During the years ended December 31, 2016 and 2015, the Company had the following significant customers who accounted for more than 10% each of the Company’s revenue in at least one of the periods presented. The loss of the revenues generated by these customers would have a significant effect on the operations of the Company.

Customer		2016		2015
A		40.93%		42.93%
B		29.97%		10.06%
D		8.72%		19.57%
E		7.03%		3.04%
F		4.61%		3.85%

Accounts Receivable – The Company had the following significant customers who accounted for more than 10% each of the Company’s accounts receivable balance at December 31, 2016 and 2015, respectively.

Customer		2016		2015
A		75,74%		37.30%
B		5.31%		14.01%
C		5.24%		27.49%
D		4.12%		7.18%
E		3.18%		0%
F		3.0%		0%

X

- 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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-URI http://asc.fasb.org/topic&trid=2134479

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X

- References

No definition available.

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