Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS OF RISK

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CONCENTRATIONS OF RISK
9 Months Ended
May 31, 2019
Risks and Uncertainties [Abstract]  
CONCENTRATIONS OF RISK

NOTE 5 - CONCENTRATIONS OF RISK

 

Supplier Concentrations

 

The Company purchases inventory from various suppliers and manufacturers. For the nine months ended May 31, 2019, one vendor accounted for approximately 42% of total inventory purchases. For the nine months ended May 31, 2018, two vendors, accounted for approximately 14% of total inventory purchases.

 

Customer Concentrations

 

During the nine months ended May 31, 2019, there was one customer which represented over 10% of the Company’s revenues. During the nine months ended May 31, 2018, no customer represented over 10% of the Company’s revenues. As of May 31, 2019, there was one customer who represented 24% of accounts receivable. As of May 31, 2018, there were no customers who represented more than 10% of accounts receivable.