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CUSTOMER CONCENTRATION
 9 Months Ended
Sep. 30, 2012
CUSTOMER CONCENTRATION [Abstract]  
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 nine-month periods ended September 30, 2012, the Company sold 42.5% and 43.1% of its products to its top five customers, respectively. As of September 30, 2012, amounts due from these customers were $21,704,048. During the three-month and nine-month periods ended September 30, 2011, the Company sold 40.1% and 42.9% of its products to its top five customers, respectively. At September 30, 2011, amounts due from these customers were $10,919,450. This concentration makes the Company vulnerable to a near-term severe impact, should the relationships be terminated.