RISK MANAGEMENT

3 Months Ended

Sep. 30, 2011

RISK MANAGEMENT

NOTE 10 RISK MANAGEMENT

Credit risk

The Company is subject to risk of non-payment of its trade accounts receivable. For the three months ended September 30, 2011, three customers (which was as of September 30, 2010, three customers) represent approximately 54% of sales (which was as of September 30,. 2010, 47%), and four customers represent approximately 80% (which was as of September 30, 2010, 61%) of the total outstanding accounts receivable as of September 30, 2011. Management continually monitors its credit terms with customers to reduce credit risk exposure.