• Filing Date: 2014-04-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
7. CUSTOMERS AND SUPPLIERS
12 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
7. CUSTOMERS AND SUPPLIERS

WCI had one significant customer which accounted for approximately 14% of the Company’s sales in 2013 and two significant customers which accounted for 23% of sales in 2012.  In 2012, the order of the concentration for the two different customers accounted for the following percentages respectively, 13% and 10%. The loss of the sales generated by these customers would have a significant effect on the operations of the Company.

 

The Company purchases all inventory from one vendor. If this vendor became unable to provide materials in a timely manner and the Company was unable to find alternative vendors, the Company's business, operating results and financial condition would be materially adversely affected.