MIRA INFORM REPORT

 

 

Report Date :

04.12.2007

 

IDENTIFICATION DETAILS

 

Name :

AMINO COMMUNICATIONS, LLC

 

 

Registered Office :

3625 Brookside Parkway Suite 150 Alpharetta GA 30022

 

 

Country :

United States

 

 

Date of Incorporation :

March 1st, 2004

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Specialist in products and technology for IPTV, Internet TV and in-home multimedia distribution.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

100,000 EUR

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

REQUIRED CREDIT

 

 

ADVISED CREDIT

 

 

Maximum

 

 

100,000 EUR


GEOPOLITICS

 

 

POLITICAL DATA

 

 

ECONOMIC DATA

FORM OF GOVERNMENT

 

ECONOMIC RISK

Federal

 

None

 

CURRENCY

 

BRANCH SITUATION

 

USD 100 = 67 EUR

 

Stable

 

 

IDENTIFICATION

 

 

Company Name:

 

 

AMINO COMMUNICATIONS, LLC

 

Address:

 

 

3625 Brookside Parkway Suite 150 Alpharetta GA 30022 - USA

 

Phone:

Facsimile:

Website:

 

ID:

 

State:

 

Managers:

 

678-636-6000

678-636-6001

www.aminocom.com

 

3771031

 

Delaware

 

CEO: Roy KIRSOPP

 

Date founded:

 

 

March 1st, 2004

 

 

LLC

 

-

 

-

 

10

 

 

Legal form:

 

Stock:

 

Value:

 

Staff:

 

 

Business: 

 


Amino is a specialist in products and technology for IPTV, Internet TV and in-home multimedia distribution.

 

 

 

BANKS

 

CitiBank

 

 

BUSINESS

 

Operations:

 

At above address, we find an office, on lease.

 

Business:

 

Amino Communications is a specialist in products and technology for IPTV, Internet TV and in-home multimedia distribution.

 

The award-winning range of compact, high functionality set-top boxes is used by leading telecoms operators and companies worldwide.

 

Amino offers also integrated business models with technology licensing solutions and is supported by world-class partners.

 

The Company propose solutions for home, education and enterprise, residential pay-tv, hospitality and healthcare, internet-tv, and much more.

 

Amino is partnered with world-leading companies in systems integration, middleware, conditional access, silicon, head-end systems and browser technologies.

 

The Company concluded several reseller agreements with major distributors in the United States.

 

 

SHAREHOLDERS SUBSIDIARIES – MANAGERS

 

The parent company is:

 

Amino Communications Limited

Buckingway Business Park, Anderson Road,

Cambridge CB24 4UQ, UK

 

Registered in England & Wales No. 3490180

 

which is a subsidiary of AMINO TECHNOLOGIES PLC, quoted with the London Stock Exchange.

 

Consolidate sales for year 2006: GBP 25,450,000=

 

The CEO of AMINO CMMUNICATIONS LLC is Roy KIRSOPP.

 

 

FINANCIALS – COMMERCIAL TRENDS AND

FORECAST

 

As a private company, that corporation does not publish any financials.

 

An estimate sale for year 2006 is in the range of USD 2,000,000=

 

Cash-flow is said to be sufficient and the business is profitable.

 

There is no UCC file listed with the Secretary of State.

 

No legal filing listed with the District Court

 

 

RATING

 

Local credit bureau gave a correct credit rate.

 

The Company is in “good standing”.

 

This means only that all local and federal taxes were paid on due date.

 

Our final opinion:

 

- This is a medium-size large business working on the US market.

- As far as we know, payments are made on regular basis.

 

A credit line may be considered.

 

A business connection may be conducted.

 

 

SUMMARY

 

 

FINANCIAL SUMMARY

 

 

DEBT COLLECTIONS AND PAYMENTS

PROFITABILITY

 

INDEBTNESS

 

CASH

 

Satisfying

 

Controlled

 

Sufficient

 

 

PUBLIC

 

PAYMENTS

 

 

No

 

Regular

 

 

ADVISED CREDIT

 

 

RATING

 

100,000 EUR

 

 

12/20

 

 

 

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.

 

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