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16. MAJOR SUPPLIERS | 6 Months Ended
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Jun. 30, 2015
Notes to Financial Statements |
16. MAJOR SUPPLIERS | During the three-month and six-month periods ended June 30, 2015, the Company purchased 54.6% and 56.6% of its raw materials from its top five suppliers, respectively. As of June 30, 2015, amounts due to those suppliers included in accounts payable were $5,689,387. During the three-month and six-month periods ended June 30, 2014, the Company purchased 89.7% and 89.6% of its raw materials from its top five suppliers, respectively. As of June 30, 2014, amounts due to those suppliers included in accounts payable were $4,487,708.This concentration makes the Company vulnerable to a near-term severe impact, should the relationships be terminated.

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