Note
15 - MAJOR CUSTOMERS AND VENDORS
One
customer accounted for 16% and 10% of the sales during the three months ended
March 31, 2012 and 2011. Accounts receivable from this customer were $935,953 as
of March 31, 2012, and $81,963 as of December 31, 2011.
There was
no vendor which accounted for more than 10% of the Companys purchases during
the three months ended March 31, 2012 and 2011, respectively. |