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CONCENTRATIONS
 3 Months Ended
Mar. 31, 2017
CONCENTRATIONS  
CONCENTRATIONS

NOTE 13 – CONCENTRATIONS

 

For the three months ended March 31, 2017, no customer accounted for more than 10% of sales and two customers accounted for 46.2% and 15% of accounts receivable. Four suppliers accounted for 23.7%, 17.3%, 13.6% and 12.7% of raw material purchases.

 

For the three months ended March 31, 2016, no customer accounted for more than 10% of sales and three customers accounted for 28.5%, 11.4% and 11.0% of accounts receivable, respectively. No supplier accounted for greater than 10% of raw material purchases.