MIRA INFORM REPORT

 

 

Report Date :

11.04.2007

 

IDENTIFICATION DETAILS

 

Name :

NU SOUL CORPORATION

 

 

Registered Office :

10 West 28th Street 2nd Floor, New York - 10001                       

 

 

Country :

United States                

 

 

Date of Incorporation :

09/05/2006

 

 

Legal Form :

Corporation – Private

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            NU SOUL CORPORATION

Address:                       10 WEST 28TH STREET 2ND FLOOR

City:                             NEW YORK

State/Province:              NEW YORK                             

Zip Code:                      10001                        

Country:                                    UNITED STATES               

Telephone:                    212 481-8054                

Facsimile:                     212 481-8068

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:                   Corporation - Private

Website:                       N/A

Business Activity:

 

 

NOTE TO CLIENT

 

We could not obtain general information regarding the Subject. Please see below for details.

 

 

IMPERATIVES

 

Please note that we located an ACTIVE corporate registration under the provided name with the New York Secretary of State. (SEE LEGAL)

 

Using the provided telephone number, we reached Mr. Ali, President (first name declined) who adamantly declined to provide any information whatsoever regarding the Subject including business activity, number of employees, and corporate structure.

 

Searching the internet and all third party sources, no information could be traced pertaining to the Subject.

 

No payment record could be developed.

 

No public were found.

 

No bankruptcy petition was filed by the Subject.

 

 

LEGAL

 

Legal Form:                               Corporation – Private

Since (D/M/Y):                           09/05/2006

State/Province of Incorporation:   NY

Status:                                                  ACTIVE

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

 

NEW YORK SECRETARY OF STATE

NU SOUL CORPORATION

Initial DOS Filing Date: MAY 09, 2006

County: NEW YORK

Jurisdiction: NEW YORK

Entity Type: DOMESTIC BUSINESS CORPORATION

Current Entity Status: ACTIVE

 

Selected Entity Address Information DOS Process (Address to which DOS will mail process if accepted on behalf of the entity)

NU SOUL CORPORATION

10 W 28 STREET #2ND FL

NEW YORK, NEW YORK, 10001

Registered Agent

NONE

 

 

FINANCIAL INFORMATION

 

Management declined to provide financial information.

 

 

CURRENT OPERATIONS

 

NAICS Code:   99999     Unclassified Establishments

SIC Code:        9999

 


 

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