Annual report pursuant to section 13 and 15(d)

Major Customers

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Major Customers
12 Months Ended
Dec. 31, 2011
Major Customers  
Major Customers

 

NOTE 19 – MAJOR CUSTOMERS

Two major customers accounted for $212,239 or 32% of the Company’s revenue and $24,042 or 35% of accounts receivable while the second customer accounted for $181,622 or 27% of the Company’s revenues and $11,821 or 17% of accounts receivable for the year ended December 31, 2011.

A different customer accounted for $932,913 or 87% of the Company’s revenue and 95% of the Company’s accounts receivable for the year ended December 31, 2010.