Quarterly report pursuant to Section 13 or 15(d)

Advances on Contracts

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Advances on Contracts
6 Months Ended
Jun. 30, 2015
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Advances on Contracts

NOTE – 8 ADVANCES ON CONTRACTS

The advances on contracts represent funding of future STA inventory purchases. The balance of the advances as of June 30, 2015 and December 31, 2014 is $723,067 and $721,197, respectively. The advance is classified as current based on the estimated annual usage of the underlying inventory.