COMMITMENTS, CONTINGENCIES, AND CONCENTRATIONS (Tables)

9 Months Ended

Sep. 30, 2014

COMMITMENTS, CONTINGENCIES, AND CONCENTRATIONS

Customer and purchase concentration risks

The following table discloses product sales the Company had to each customer that purchased in excess of 10% of the Company's net product sales for the periods indicated:

	For the three months ended						For the nine months ended						Accounts Receivable as of
	September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013			September 30, 2014		September 30, 2013
	Sales		% of Sales	Sales		% of Sales	Sales		% of Sales	Sales		% of Sales
Customer 1	$	1,156,666	16	$	2,167,999	24	$	5,322,098	27	$	7,063,682	35	$	302,151	$	843,554
Customer 2		1,238,160	17		*	*		3,455,402	18		*	*		828,170		-
Customer 3		4,177,014	58		1,887,166	21		8,343,815	43		3,756,262	18		5,971,927		715,310
Customer 4		*	*		3,866,894	43		*	*		5,924,900	29		3,174		2,365,950

(*) Product sales did not exceed 10 % for the period indicated.

The following table discloses purchases the Company made from each vendor that sold to the Company in excess of 10% of the Company's total purchases for the periods indicated:

	For the three months ended						For the nine months ended						Accounts Payable as of
	September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013			September 30, 2014		September 30, 2013
	Purchases		% of Purc.	Purchases		% of Purc.	Purchases		% of Purc.	Purchases		% of Purc.
Vendor 1	$	321,938	14	$	275,539	11	$	944,157	14	$	840,923	10	$	116,583	$	57,555
Vendor 2		508,705	22		*	*		1,239,766	18		*	*		-		-

(*) Purchases did not exceed 10% for the period indicated