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CONCENTRATIONS
 3 Months Ended
Mar. 31, 2012
CONCENTRATIONS  
CONCENTRATIONS

NOTE 12 – CONCENTRATIONS

 

At December 31, 2011, one customer accounted for 20.4% of accounts receivable. At March 31, 2012, no customer accounted for more than 10% of accounts receivable.

 

For the three months ended March 31, 2012, one customer accounted for 10.3% of sales. For the three months ended March 31, 2011, one customer accounted for 21.8% of sales.

 

For the three months ended March 31, 2012, purchases from one supplier accounted for 14.1% of raw material purchases. For the three months ended March 31, 2011, purchases from three suppliers accounted for 27.0%, 14.9% and 11.6% of raw material purchases, respectively.