Business and Credit Concentrations

9 Months Ended

Mar. 31, 2019

NOTE 3 - 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 26% and 22%

of the Company’s accounts receivable at March 31, 2019 and June 30, 2018, respectively. Sales to this customer comprised

14% and 12%

of net sales in the three and nine months ended March 31, 2019, respectively. Sales to this customer did not exceed

10%

of net sales in either of the three or nine months ended March 31, 2018. The Company had another customer with an accounts receivable balance that comprised

12% and 11%

of the Company’s accounts receivable at March 31, 2019 and June 30, 2018, respectively. Sales to this customer did not exceed 10% of net sales in either of the three or nine months ended March 31, 2019 or 2018.