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CONCENTRATIONS
 6 Months Ended
Jun. 30, 2012
CONCENTRATIONS  
CONCENTRATIONS

NOTE 12 – CONCENTRATIONS

 

At June 30, 2012, no customer accounted for more than 10% of accounts receivable.  At December 31, 2011, one customer accounted for 20.4% of accounts receivable.

 

For the six months ended June 30, 2012, no customer accounted for more than 10% of sales. For the six months ended June 30, 2011, one customer accounted for 19.7% of sales.

 

For the six months ended June 30, 2012, purchases from two suppliers accounted for 14.6% and 11.0% of raw material purchases, respectively. For the six months ended June 30, 2011, purchases from three suppliers accounted for 28.7%, 18.1% and 13.3% of raw material purchases, respectively.