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NOTE L - BUSINESS CONCENTRATION
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6 Months Ended |
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Jun. 30, 2011
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| Segment Reporting Disclosure [Text Block] |
NOTE L
- BUSINESS CONCENTRATION
Revenue
from one (1) major customer approximated $658,109 or 11% of
total revenues for the period ended June 30,
2010. Total accounts receivable of $532,190 or 29% of
total accounts receivable, was due from this
customer as of June 30, 2010. For the period ended
June 30, 2011, the Company did not have a customer with
revenue greater to 10% of total revenues.
Purchases
from two (2) major suppliers approximated $1,254,804, or
35%, of purchases, and two (2) major suppliers approximated
$1,028,314, or 33%, of purchases, for the six months ended
June 30, 2011 and 2010, respectively. Total accounts
payable of approximately $149,055, or 7%, of total accounts
payable, was due to these suppliers as of June 30,
2011, and $543,572, or 15%, of total accounts payable, was
due to these suppliers as of June 30, 2010.
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