NOTE 14 – CUSTOMER AND VENDOR CONCENTRATIONS

For the years ended December 31, 2017 and 2016, the Company generated a significant portion of its revenues from certain customers as follows:

	% of Total Revenues						Accounts Receivable as of
	2017			2016			December 31, 2017
Customer A (related party)		18.35	%		14.80	%	$	—
Customer B (related party)		17.30	%		15.46	%	$	4,664
Customer C		12.46	%		—		$	3,296

For the years ended December 31, 2017 and 2016, the Company’s significant product and chemical raw material purchases were as follows:

	% to Total Products						Accounts Payable as of
	2017			2016			December 31, 2017
Vendor A		24.97	%		—		$	1,445
Vendor B		18.41	%		5.48	%	$	—
Vendor C		17.33			54.73	%	$	—

The Company has no long-term written agreements with any of these vendors. The payment terms are generally net 30 days, and the Company is not substantially dependent upon any one or more of them; all are easily replaceable with any locally or nationally available supplier.