and Credit Concentrations
sales were approximately 35% and 17% for the years ended October 31, 2012 and 2011, respectively. The principal international
markets served by the Company, include Canada, China, Mexico, United Kingdom, India, Korea, Japan, Russia, and Brazil. In 2012,
two customers accounted for 14.9% and 12.4% of net sales, respectively, while in 2011, two customers accounted for 13.5% and 12.2%
of net sales, respectively. Two customers accounted for 46.8%, and 21.5% respectively, of the Companys accounts receivable
at October 31, 2012 and three customers accounted for 31.0%, 15.5% and 11.1%, respectively, of the Company accounts receivable
at October 31, 2011.