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Note 19 - Major Customers
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For the year ended December 31, 2016, three customers generated more than 10% of the Company’s revenue. Sales to these customers accounted for 75% of the Company’s revenue. As of December 31, 2016, the amount due from these customers was $490,725. This concentration makes the Company vulnerable to a near-term severe impact should the relationships be terminated. |
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For the year ended December 31, 2015, two customers generated more than 10% of the Company’s revenue. Sales to these customers accounted for 65% of the Company’s revenue. As of December 31, 2015, the amount due from these customers was $435,261. |
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