Quarterly report pursuant to Section 13 or 15(d)

Major Suppliers

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Major Suppliers
6 Months Ended
Jun. 30, 2014
Major Suppliers [Abstract]  
Major Suppliers
Note 16 – Major Suppliers
 
For the three and six months ended June 30, 2014, three suppliers each accounted for more than 10% of the Company’s purchases. In aggregate, these suppliers accounted for 44% and 36% of the Company’s total purchases. As of June 30, 2014, the amount due to these three suppliers was $11,677. This makes the Company vulnerable to a near-term severe impact should the relationships be terminated.
 
For the three and six months ended June 30, 2013, two suppliers each accounted for more than 10% of the Company’s purchases. These suppliers accounted for 55% and 56% of the Company’s total purchases. As of June 30, 2013, the amount due to the suppliers was $145,978.