Business and Credit Concentrations

6 Months Ended

Dec. 31, 2015

NOTE 2 - Business and Credit Concentrations

An entity is more vulnerable to concentrations of credit risk if it is exposed to risk of loss greater than it would have had if it mitigated its risk through diversification of customers. Such risks of loss manifest themselves differently, depending on the nature of the concentration, and vary in significance. The Company had one customer with an accounts receivable balance that comprised 22% of the Company’s accounts receivable at December 31, 2015 and 22% of the Company’s accounts receivable at June 30, 2015. Sales to this customer were 13% of net sales in the three months ended December 31, 2015 and 11% of net sales in the six months ended December 31, 2015. Sales to any one customer did not exceed 10% of net sales in the three or six months ended December 31, 2014.