Note 11 - Major Customers

3 Months Ended

Mar. 31, 2012

Nature of Operations [Text Block]

11.  MAJOR CUSTOMERS

Approximately 54% and 51% of the Company’s consolidated revenues were derived from services performed for FedEx Corporation in fiscal 2012 and 2011, respectively.  Approximately 8% and 1% of the Company’s consolidated revenues for fiscal 2012 and 2011, respectively, were generated from GGS’s two contracts with the United States Air Force.  Approximately 2% and 11% of the Company’s consolidated revenues in fiscal 2012 and 2011, respectively, were derived from GGS’s equipment contract with the City of Charlotte, North Carolina to supply mobile deicing equipment.

 Approximately 27% and 24% of the Company’s consolidated accounts receivable at March 31, 2012 and 2011, respectively, were due from FedEx Corporation