MIRA INFORM REPORT

 

 

Report Date :

31.03.2007

 

IDENTIFICATION DETAILS

 

Name :

7700 ENTERPRISES, LLC

 

 

Registered Office :

7700-E 38th Street, Tulsa, Oklahoma - 74145                       

 

 

Country :

United States                

 

 

Date of Incorporation :

20/12/2004

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Designs and sells computer controlled cutting systems.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Status :

Small Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : 7700 ENTERPRISES, LLC

Trade Name(s)               : DigiCut; DigiTint;

Address                        : 7700-E 38TH STREET

City                              : TULSA

State/Province               : OKLAHOMA                             

Zip Code                       : 74145                       

Country                         : UNITED STATES               

Telephone                     : 918 622-5052                

Facsimile                      : 918 622-5171

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

Legal Form                    : Limited Liability Company

Website                        : www.digicutsystems.com

Business Activity           : The Company designs and sells computer controlled cutting systems to the automotive

                                      aftermarket industry.

 

 

NOTE TO CLIENT

 

Contact person: Mr. Travis Caves, President.

 

Mr. Caves requested a fax of the information requested. We have sent a fax to the Company. In a follow-up call to the Company, the receptionist advised that Mr. Caves has declined to provide any information.

 

The receptionist stated the Subject; 7700 ENTERPRISES, LLC has several trade names - DigiTint, DigiCut, and other names, which she declined to disclose.

 

The number of employees was not obtained.

 

 

LEGAL

 

Legal Form:                               Limited Liability Company             

Since (D/M/Y):                           20/12/2004

State/Province of Incorporation:   OK

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

The Company is incorporated in the state of Oklahoma.

 

Filing Number: 3512056319

Name: 7700 ENTERPRISES, LLC

Entity Type: Domestic Limited Liability Company

Registered Agent: Caves Travis

7700 E. 38th St.

Tulsa, OK 74145

Effective Date: 12/20/2004

 

 

Managers/Key Personnel

 

Mr. Travis Caves                       President

 

 

AFFILIATED ENTITIES

 

The Company has no affiliated companies, or subsidiaries.

 

 

BANKS

 

Bank of America

10802 E. 31st Street

Tulsa OK 74147

Telephone: 918 663-7269

Facsimile: 918 384-0096

Account Number: 00304851203

Account Manager: Beacky Health

 

The banking information was not confirmed by the Company, however, we have sent a fax to the bank. The report will be updated when we receive a response.

 

 

PAYMENT HISTORY

 

No payment history was found.

 

 

FINANCIAL INFORMATION

 

We were unable to obtain any financial information.

 

 

CURRENT OPERATIONS

 

NAICS Code:   54149     Other Specialized Design Services

SIC Code:     7389

 

Business Activity:

The Company designs and sells computer controlled cutting systems to the automotive aftermarket industry. These systems cut a variety of substrates including window films for automotive window tinting, virtually clear urethane based paint protection film for automobiles, and a host of different vinyl and decorative films for the graphic logo market.

 

As far as we could determine, the heading address is the sole location for the Company.

 

 

TRADE REFERENCES

 

Trade references were not obtained.

 

 

PUBLIC RECORD

 

No derogatory legal action was filed against the Subject nor were there any Uniform Commercial Codes that were filed by the Subject.

 

A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.

 

 

GENERAL COMMENTS

 

The Company designs and sells cutting systems to the automotive aftermarket industry. Payment history was not found, and trade references were not obtained. Legal indicate no negative litigation taken against the Subject.

 


 

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

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

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