Quarterly report pursuant to Section 13 or 15(d)

M. BUSINESS CONCENTRATION

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M. BUSINESS CONCENTRATION
6 Months Ended
Jun. 30, 2014
M. Business Concentration  
NOTE M - BUSINESS CONCENTRATION

For the six months ended June 30, 2014 and 2013, no single customer represented 10% or more of total net revenues.

 

Purchases from two major suppliers approximated $1,767,000, or 75% of purchases, and $1,235,000, or 62% of purchases, for the six months ended June 30, 2014 and 2013, respectively. Total due to these suppliers, net of deposits, was approximately $701,000 as of June 30, 2014, and $455,000 as of June 30, 2013.