Major Customers

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Major Customers

15. Major Customers

During 2011 three customers together accounted for 43% of the Company’s net sales and in 2010, two customers together accounted for 53% of the Company’s net sales. In 2011, there were three customers that individually accounted for greater than 10% of net sales, or approximately $428,106, 395,034 and $332,206, while in 2010 there were two customers that individually accounted for greater than 10% of net sales, or approximately $1,219,000 and $400,000. There were five customers at December 31, 2011, whose trade receivable balances equaled or exceeded 5% of total receivables, representing approximately 31.9%, 17.6%, 11.2%, 11.1% and 7.87% respectively of total receivables. There was one customer at December 31, 2010, whose trade receivable balance was 36% of total receivables. The loss of business from one or a combination of the Company’s significant customers could adversely affect its operations.