Note 6 - Concentrations

9 Months Ended

Dec. 31, 2012

Concentration Risk Disclosure [Text Block]

NOTE 6 - CONCENTRATIONS

During the three month period ended December 31, 2012, three customers accounted for 41% of our revenue. As of December 31, 2012, three customers represented approximately 55% of our accounts receivable.

During the three month period ended December 31, 2011, three customers accounted for 65% of our revenue. As of December 31, 2011, two customers represented approximately 85% of our accounts receivable.

During the nine month period ended December 31, 2012, three customer accounted for 39% of our revenue. During the nine month period ended December 31, 2011, two customers accounted for 36% of our revenue.

The Company’s customer base is comprised of foreign and domestic entities with diverse demographics. Revenues from foreign customers represented $56,008 of net revenue or 18.3% for the three months ended December 31, 2012 and $151,622 of net revenue or 12.5% for the nine months ended December 31, 2012.

Revenues from foreign customers represented $30,741 of net revenue or 6.8% for the three months ended December 31, 2011 and $153,539 of net revenue or 11.4% of net revenue for the nine months ended December 31, 2011.

Accounts receivable from foreign entities as of December 31, 2012 and March 31, 2012 were $24,232 and $16,198, respectively.