MIRA
INFORM REPORT
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Report Date : |
19.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
MJ VENTURES INC. |
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Registered Office : |
156 Reynolds
St., Oakville, On, L6J 3K9 |
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Country : |
Canada |
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Date of Incorporation : |
15/06/1998 |
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Legal Form : |
Provincially Chartered Corporation – Private |
RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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Status : |
Undetermined |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name: MJ VENTURES INC.
Trade Name:
Address: 156
REYNOLDS ST.
City: OAKVILLE
State/Province: ON
Zip Code: L6J 3K9
Country: CANADA
Telephone: 905-339-0229
Facsimile:
URL
Legal Form: Provincially
Chartered Corporation - Private
Shareholder:
Founded (D/M/Y):
Sales / Revenue: -
Net Income:
Total Equity:
Number of
Employees:
Business Activity:
NOTE TO CLIENT
We could not
obtain sufficient information regarding the Subject.
Please see below
for details.
IMPERATIVES
Please note that
we located a corporate registration for the Subject with the Ontario Corporate
Registry. (SEE LEGAL)
Using the provided
name and address, a phone directory search found the following phone number:
905-339-0229.
We called this
number and reached the provided contact: Mr. Manik Veera Kumar. Mr. Kumar adamently declined to provide any
information regarding the Subject. We
believe Mr. Kumar is the highest ranking officer of the Subject. Unfortunately, he would not confirm his
position.
Additionally,
please be advised that in an effort to get some information from Mr. Kumar, we
asked him about another company located at the provided address: MIG Holdings Inc. Mr. Kumar said that MIG
was "related" but would not comment any further.
Searching the
internet and all third party sources available, we could not trace any
information regarding the Subject, though outside sources indicate that the
supposed related company MIG Holdings Inc. is a food broker.
No payment record
could be obtained.
No public were
traced.
No bankruptcy
petition was filed.
This is a full
report.
LEGAL
Legal Form: Provincially
Chartered Corporation - Private
Incorporation
State ON
Status: ACTIVE
Since (D/M/Y): 15/06/1998
The company is NOT
required to publish an annual financial report.
ONTARIO CORPORATE REGISTRY:
MJ VENTURES INC.
Registration Number: 001290946
Registration Date: 6/15/1998
Status: Active
FINANCIAL INFORMATION
Management
declined to provide any financial information.
CURRENT OPERATIONS
SIC Code:
NAICS Code: 99
Unclassified
Establishments
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)