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CONCENTRATIONS

9 Months Ended

Sep. 30, 2013

11.

CONCENTRATIONS

During the three months ended September 30, 2013, 50.01% of revenues were derived from two customers at 29.45% and 20.56%, respectively. For the nine months ended September 30, 2013, 50.85% of revenues were derived from two customers at 34.43% and 16.42%, respectively. During the three and nine months ended September 30, 2012, 47.81% and 45.96%, respectively, of revenues were derived from one customer.

At September 30, 2013, a single customer balance accounted for 31.50% of the total trade receivables balance. At September 30, 2012, two customers had balances that accounted for more than 10% of the trade receivables balance, representing 21.95% and 12.75% of the total trade receivables balance.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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