NOTE 12 - CUSTOMER CONCENTRATIONS
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9 Months Ended |
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Sep. 30, 2014
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Risks and Uncertainties [Abstract] | |
CUSTOMER CONCENTRATIONS |
NOTE 12 CUSTOMER CONCENTRATIONS
The Company had sales from operations to three customers for the three months and nine months ended September 30, 2014 that represented approximately 61% and 64% of our total sales, respectively. We had sales from operations to two customers for the three months and nine months ended September 30, 2013 that represented approximately 53% and 41% of our sales, respectively. The concentration of the Companys business with a relatively small number of customers may expose us to a material adverse effect if one or more of these large customers were to experience financial difficulty or were to cease being a customer for non-financial related issues.
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- Definition
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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