Quarterly report pursuant to Section 13 or 15(d)

Major Suppliers

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Major Suppliers
3 Months Ended
Mar. 31, 2016
Major Suppliers [Abstract]  
Major Suppliers

Note 15 – Major Suppliers

 

For the three months ended March 31, 2016, two suppliers each accounted for more than 10% of the Company’s purchases. In aggregate, these suppliers accounted for 23% of the Company’s total purchases. As of March 31, 2016, the amount due to the suppliers was $-. This concentration makes the Company vulnerable to a near-term severe impact should the relationships be terminated.

 

For the three months ended March 31, 2015, two suppliers each accounted for more than 10% of the Company’s purchases. These suppliers accounted for 45% of the Company’s total purchases.