Annual report pursuant to Section 13 and 15(d)

E. INVENTORIES

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E. INVENTORIES
12 Months Ended
Dec. 31, 2014
Inventory Disclosure [Abstract]  
NOTE E - INVENTORY

Components of inventories as of December 31, 2014 and 2013 are as follows:

 

    2014     2013  
Product purchased for resale   $ 1,220,600     $ 997,332  
Reserve for obsolescence     (193,350 )     (57,950 )
Inventory, net   $ 1,027,250     $ 939,382