NOTE 16 – CONCENTRATIONS

Customers

Two customers accounted for approximately 40% (28% and 12%) of the Company’s revenues for the six months ended June 30, 2018 and one customer accounted for approximately 12% of the Company’s revenues for the six months ended June 30, 2017.

No customer accounted for 10% of the Company’s total outstanding accounts receivable at June 30, 2018 and December 31, 2017.

Suppliers

The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s inventories purchases for the six months ended June 30, 2018 and 2017.

	Six Months Ended June 30,
Supplier	2018			2017
A		-			23	%
B		14	%		15	%
C		*			11	%
D		21	%		*
E		15	%		*
F		11	%		*

* Less than 10%.

One supplier accounted for approximately 12% of the Company’s total outstanding accounts payable at June 30, 2018. One supplier accounted for approximately 15% of the Company’s total outstanding accounts payable at December 31, 2017.