CONCENTRATION OF SALES RISK

9 Months Ended

Dec. 31, 2015

Concentration Risk Disclosure [Text Block]

NOTE 15 – CONCENTRATION OF SALES RISK

The Company generates most of its revenue from retailers of products in the United States with a significant amount of sales concentrated with several large customers the loss of which could have an adverse impact on the financial position of the Company. Revenues derived from the Company’s five largest customers for the nine months ended December 31, 2015 and 2014 were approximately 81% and 85% respectively, of total net revenues. Revenues derived from the Company’s top three customers for the nine months ended December 31, 2014 were approximately 61% and 52% of total net revenues, respectively.