NOTE 16 – CONCENTRATIONS

Customers

Three customers accounted for approximately 45% (18%, 16% and 11%) of the Company’s revenues for the nine months ended September 30, 2018 and one customer accounted for approximately 10% of the Company’s revenues for the nine months ended September 30, 2017.

No customer accounted for 10% of the Company’s total outstanding accounts receivable at September 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 nine months ended September 30, 2018 and 2017.

	Nine Months Ended September 30,
Supplier	2018			2017
A		-			22	%
B		14	%		12	%
C		29	%		*
D		18	%		*
E		15	%		*

Less than 10%.

No supplier accounted for approximately 10% of the Company’s total outstanding accounts payable at September 30, 2018. One supplier accounted for approximately 13% of the Company’s total outstanding accounts payable at December 31, 2017.