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 (“SWS”), accounted for approximately 31.7% and 26.2% of the Company’s revenues for the three months ended September 30, 2015 and 2014, respectively. Sales to SWS accounted for approximately 30.9% and 27.7% of the Company’s revenues for the six months ended September 30, 2015 and 2014, respectively, and approximately 35.5% of accounts receivable at September 30, 2015.