XML 46 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
CUSTOMER CONCENTRATION
 6 Months Ended
Jun. 30, 2012
CUSTOMER CONCENTRATION

NOTE 16 – CUSTOMER CONCENTRATION

 

The Company sells a substantial portion of its products to a limited number of customers.  During the three-month and six-month periods ended June 30, 2012, the Company sold 42.8% and 43.4% of its products to its top five customers, respectively. As of June 30, 2012, amounts due from these customers were $19,888,840. During the three-month and six-month periods ended June 30, 2011, the Company sold 40.8% and 43.9% of its products to its top five customers, respectively. At June 30, 2011, amounts due from these customers were $16,417,668. This concentration makes the Company vulnerable to a near-term severe impact, should the relationships be terminated.