Concentration

6 Months Ended

Dec. 31, 2015

Risks and Uncertainties [Abstract]

Concentration

3. Concentration

Customers

For the three and six months end December 31, 2015, our Company earned net revenues of $914,429 and $2,317,340, respectively. The vast majority of these revenues for the periods were derived from a large number of customers, with no customers accounted for over 10% of the Company’s total revenues in either period.

For the three and six months ended December 31, 2014, our Company earned net revenues of $543,111 and $544,569 respectively. The vast majority of these revenues were derived from a large number of customers. A significant percentage of the revenues and accounts receivable relate to one customer of the Company, which is SWC’s customer. This customer accounted for 12% of revenues for the three and six months ended December 31, 2014.

Suppliers

For the three and six months end December 31, 2015, we purchased products for sale by CarryOutSupplies from several contract manufacturers located in Asia. A substantial portion of the Company’s inventory is purchased from one supplier that functions as an independent foreign procurement agent. Two suppliers accounted for 71% and 6% of the Company’s total inventory purchase for the three and six months end December 31, 2015, respectively. There were no purchases of tree free paper products in either period.

For the three months ended December 31, 2014, we purchased products for sale by CarryOutSupplies from several contract manufacturers located in Asia. A substantial portion of the Company’s inventory is purchased from one supplier that functions as an independent foreign procurement agent. This supplier accounted for 66% of the Company’s total inventory purchased in the second quarter of 2014.