Major Customers |
12 Months Ended |
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Dec. 31, 2015 | |
Major Customers [Abstract] | |
Major Customers |
Note 18 - Major Customers
For the year ended December 31, 2015, two customers generated more than 10% of the Companys revenue. Sales to these customers accounted for 65% of the Companys revenue. As of December 31, 2015, the amount due from these customers was $435,261. This concentration makes the Company vulnerable to a near-term severe impact should the relationships be terminated.
For the year ended December 31, 2014, four customers generated more than 10% of the Companys revenue. Sales to these customers accounted for 85% of the Companys revenue. As of December 31, 2014, the amount due from these customers was $3,406,026 of which $1,475,766 is a note receivable (Note 6). This concentration makes the Company vulnerable to a near-term severe impact should the relationships be terminated. |
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- References No definition available.
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- Definition The entire disclosure for major customers [Text Block] No definition available.
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