Quarterly report pursuant to Section 13 or 15(d)

Major Suppliers

v2.4.0.8
Major Suppliers
3 Months Ended
Mar. 31, 2014
Major Suppliers [Abstract]  
Major Suppliers
Note 18 – Major Suppliers
 
For the three months ended March 31, 2014, three suppliers each accounted for more than 10% of the Company’s purchases. In aggregate, these suppliers accounted for 58% of the Company’s total purchases. As of March 31, 2014, the amount due to these three suppliers was $31,408. This makes the Company vulnerable to a near-term severe impact should the relationships be terminated.
 
For the three months ended March 31, 2013, two suppliers each accounted for more than 10% of the Company’s purchases. These suppliers accounted for 62% of the Company’s total purchases. As of March 31, 2013, the amount due to the suppliers was $110,196.