NOTE 2 – INVENTORY Inventory consisted of the following: | | | June 30, | | | December 31, | | | | | 2016 | | | 2015 | | | Raw materials | | $ | 12,184,634 | | | $ | 14,699,736 | | | Work in process | | $ | 256,743 | | | $ | - | | | Finished goods | | | 3,125,894 | | | | 3,380,109 | | | | | | 15,567,271 | | | | 18,079,845 | | | Obsolescence reserve | | | (6,628,787 | ) | | | (8,417,095 | ) | | Total Inventory | | $ | 8,938,484 | | | $ | 9,662,750 | |
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