General form of registration statement for all companies including face-amount certificate companies

6. Business Concentration and Risks

v3.19.3
6. Business Concentration and Risks
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Risks and Uncertainties [Abstract]    
Business Concentration and Risks

Note 8 – Business Concentration and Risks 

 

Major customers

 

One customer accounted for 49% and 22% of the total accounts receivable as of June 30, 2019 and December 31, 2018, respectively.

 

Major vendors

 

One vendor accounted for 21% and 95% of total accounts payable at June 30, 2019 and December 31, 2018, respectively.

Note 6 – Business Concentration and Risks

 

Major customers

 

One customer accounted for 22% and 98% of the total accounts receivable as of December 31, 2018 and 2017, respectively.

 

Major vendors

 

One vendor accounted for 95% and 92% of total accounts payable at December 31, 2018 and 2017, respectively.