NOTE 13 — CONCENTRATIONS

Credit Risk — The Company maintains its cash and cash equivalents balances at various large financial institutions that, at times, may exceed federally and internationally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk.

Customers — Sales to one customer, the Southern Wine and Spirits of America, Inc. family of companies, accounted for approximately 30.0% and 29.3% of the Company’s revenues for the three months ended June 30, 2015 and 2014, respectively, and approximately 27.1% of accounts receivable at June 30, 2015.