Annual report pursuant to Section 13 and 15(d)

Concentrations

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Concentrations
12 Months Ended
Oct. 31, 2019
Risks and Uncertainties [Abstract]  
Concentrations

NOTE 10 - CONCENTRATIONS

 

Significant Customers

 

During the year ended October 31, 2019, the Company had one customer from whom it generated sales greater than 10% of net revenues. Revenue from this customer was $6,764,199, or 27% of net revenues during the period. Total accounts receivable from this customer at October 31, 2019 was $898,584 or 20% of accounts receivable.

 

During the year ended October 31, 2018, the Company had one customer from whom it generated sales greater than 10% of net revenues. Revenues from this customer was $2,882,761, or 16% of net revenues during the year. Total accounts receivable from this customer at October 31, 2018 was $24,993 or 1% of accounts receivable.