BASANITE, INC. - 10-Q filing on 2012-05-21

CONCENTRATIONS	3 Months Ended
Mar. 31, 2012
Notes to Financial Statements
CONCENTRATIONS	NOTE 11 – CONCENTRATIONS For the three months ended March 31, 2012 and 2011, one customer accounted for 18% and 30% of total sales, respectively. For the period from January 22, 2010 (Inception) through March 31, 2012, one customer accounted for 23% of total sales.

CONCENTRATIONS

3 Months Ended

Mar. 31, 2012

NOTE 11 – CONCENTRATIONS

For the three months ended March 31, 2012 and 2011, one customer accounted for 18% and 30% of total sales, respectively. For the period from January 22, 2010 (Inception) through March 31, 2012, one customer accounted for 23% of total sales.