Business and Credit Concentrations

12 Months Ended

Jun. 30, 2014

NOTE 2 - Business and Credit Concentrations

The Company had one customer with an accounts receivable balance that comprised 12% of the Company’s accounts receivable at June 30, 2014 and two customers with accounts receivable balances that aggregated of 22% at June 30, 2013. Sales to any one customer did not exceed 10% of net sales in any of the past two fiscal years.

- 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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