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SALES CONCENTRATION AND CONCENTRATION OF CREDIT RISK
3 Months Ended
Jun. 30, 2013
Risks and Uncertainties [Abstract]  
SALES CONCENTRATION AND CONCENTRATION OF CREDIT RISK

NOTE 5 – SALES CONCENTRATION AND CONCENTRATION OF CREDIT RISK

 

Cash

 

Financial   instruments   that   potentially   subject   the   Company to concentrations of credit risk consist principally of cash. The Company maintains cash balances at one financial institution, which is insured by the Federal Deposit Insurance Corporation (“FDIC”). The FDIC insured institution insures up to $250,000 on account balances. The company has not experienced any losses in such accounts.

 

Sales

 

For the six months ended June 30, 2103 three (3) customers each accounted for more than 10% of our business, as follows:

 

Customer   Sales %   Accounts
Receivable Balance
  A       56.6     $ —    
  B       16.4       14,400  
  C       13.5       9,664  

 

 

Purchases

 

For the three and six months ended June 30, 2013, 100% of our purchases were from one vendor related to the purchase of Chillo and C+ Swiss drinks.