NOTE 2 – INVENTORY Inventory consisted of the following: | | | September 30, | | | December 31, | | | | | 2016 | | | 2015 | | | Raw materials | | $ | 12,106,727 | | | $ | 14,699,736 | | | Work in process | | | 413,756 | | | | - | | | Finished goods | | | 2,731,353 | | | | 3,380,109 | | | | | | 15,251,836 | | | | 18,079,845 | | | Obsolescence reserve | | | (6,682,357 | ) | | | (8,417,095 | ) | | Total Inventory | | $ | 8,569,479 | | | $ | 9,662,750 | |
|