Business and Credit Concentrations

9 Months Ended

Mar. 31, 2015

NOTE 2 - Business and Credit Concentrations

The Company had one customer with an accounts receivable balance that comprised 21% of the Company’s accounts receivable at March 31, 2015 and 12% of the Company’s accounts receivable at June 30, 2014. Sales to this customer comprised 12% of net sales in the nine months ended March 31, 2015.

- 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.

+ References+ Details