MIRA INFORM REPORT

 

 

Report Date :

28th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

AAROON SANDARS INC.

 

 

Registered Office :

580 5th Avenue Room #537, New York 10036, United States

 

 

Country :

United States

 

 

Line of Business :

Subject is involved the diamond jewellery industry.

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 


 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name       : AAROON SANDARS INC.

Address                   : 580 5TH AVENUE ROOM #537

City                         : NEW YORK

State/Province          : NEW YORK

Zip Code                  : 10036

Country                   : UNITED STATES

Telephone : 212.869.9685

Facsimile                 : N/A

Legal Form              :

@rating Opinion       :

Business Activity      : We believe the Subject is involved the diamond jewelry industry.

As of                       :

Sales / Revenue       :

Net Income              :

Total Equity             :

 

 

IMPERATIVES

 

Contacted Mr. Aaron Sanders, Owner.

 

Searching the internet and found a phone number; Tel: 212.869.9685 for AARON SANDERS, INC. at the ordered address. We called the Subject and spoke with Mr. Sanders who verified the correct spelling of his name. He declined to give any information regarding the Company. We found no incorporation information on either Aaron Sanders, Inc., Aaroon Sandars INC. or the DBA Royal Diamonds, Inc. We also tried several variations of each name.

 

Searchinf the internet we could not learn any information about the Company.

 

No liens, judgments or bankruptcy filings were found for either name.

 

No payment were found for either name.

We have reached an impasse.

 

 

LEGAL

 

Legal Form                              :

Previous Legal Form :

Company is NOT required to publish an annual financial report.

 

 

Managers/Key Personnel

 

Mr. Aaroon Sandars                     Owner

 

 

FINANCIAL INFORMATION

 

-

 

 

CURRENT OPERATIONS

 

NAICS Code            : 42194     Jewelry, Watch, Precious Stone and Precious Metal

SIC Code                 : 5094

 

 

Business Activity

 

We believe the Subject is involved the diamond jewelry industry.


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions