Annual report pursuant to Section 13 and 15(d)

Major Suppliers

v2.4.1.9
Major Suppliers
12 Months Ended
Dec. 31, 2014
Major Suppliers [Abstract]  
Major Suppliers

Note 18 - Major Suppliers

 

For the year ended December 31, 2014, one supplier accounted for more than 10% of the Company’s purchases. This supplier accounted for 17% of the Company’s total purchases. As of December 31, 2014, the amount due to the supplier was $11,880. This makes the Company vulnerable to a near-term severe impact should the relationships be terminated.

 

For the year ended December 31, 2013, three suppliers each accounted for more than 10% of the Company’s purchases. In aggregate, these suppliers accounted for 60% of the Company’s total purchases. As of December 31, 2013, the amount due to these three suppliers was $167,616.