NOTE 16 - RISK OF CONCENTRATIONS IN SALES AND PURCHASES

6 Months Ended

Jun. 30, 2011

Risks and Uncertainties [Abstract]

NOTE 16 - RISK OF CONCENTRATIONS IN SALES AND PURCHASES

Note 16 – Risk of Concentrations in Sales and Purchases

One major vendor accounted for approximately 87% and 98% of the Company’s cost for purchases for the six months ended June 30, 2011 and 2010, respectively. Total purchases from the vendor were $20,316 and $2,607 for the six months ended June 30, 2011 and 2010, respectively.

For the six months ended June 30, 2011 and 2010, no single customer accounted for more than 10% of the Company’s sales.

Financial instruments which potentially subject the Company to credit risk consist principally of cash on deposit with financial institutions. Management believes that the financial institutions which hold the Company’s cash and cash equivalents are financially sound and minimal credit risk exists with respect to these investments.