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Concentrations
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9 Months Ended |
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Sep. 30, 2012
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| Notes to Financial Statements | |
| NOTE 10 - Concentrations |
During the nine months ended September 30, 2012, one customer accounted for 10% of revenues. During the nine months ended September 30, 2011, one customer accounted for 12% of revenues. At September 30, 2012, the previously mentioned customer accounted for 41% of accounts receivable totaling $154,444 and as of November 13, 2012 the outstanding accounts receivable balance decreased to $82,390. At December 31, 2011, no customers were greater than 10% of receivables. |
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- Details
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- Definition
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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