MIRA INFORM REPORT

Report Date :

22.12.2007

IDENTIFICATION DETAILS

Name :	INDIA GEMS INTERNATIONAL INC

Registered Office :	36 Ne 1st St Ste 302, Miami, Fl 33132-2436

Country :	United States

Date of Incorporation :	09/1989

Legal Form :	Institutions

Line of Business :	Jewelry & Precious Stones Wholesaling

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Good

Payment Behaviour :	No Complaints

Litigation :	Clear

Executive Summary

Intelliscore for INDIA GEMS INTERNATIONAL INC

82.99

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

100

High risk

Low risk

LOW RISK
93% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

FEW, IF ANY, TRADES WITH A HIGH BAL TO HIGH CRED LIMIT RATIO

RATIO OF REGULARLY REPORTED TRADES TO TOTAL TRADES

NUMBER OF CURRENT ACCOUNTS

SMALL, IF ANY, RATIO OF BAD ACCOUNTS TO TOTAL ACCOUNTS

Research Tips

Additional information may be available on this business.

Other recommended searches:

Order Public Record

Legal Filings and Collections

Bankruptcy filings:

Tax lien filings:

Judgment filings:

Total collections:

Sum of legal filings:

UCC filings:

Cautionary UCC filings present?

Trade Information

Monthly average DBT:

Highest DBT previous 6 months:

Highest DBT previous 5 quarters:

Total continuous trades:

Current continuous trade balance:

$200

Trade balance of all trades (2):

$200

Average balance previous 5 quarters:

$160

Highest credit amount extended: details

$300

6 month balance range:

$0 - $0

Trade Payment Information

Trade Payment Experiences
(Trade Lines With an (*) after date are newly reported)

Account Status
Days Beyond Terms

Business
Category

Date
Reported

Last
Sale

Payment
Terms

Recent
High
Credit

Balance

Cur

1-30

31-60

61-90

91+

Comments

ADVERTISNG

12/2007

NET 30

CUST 3 YR

+AIR TRANS

08/2007

$300

$200

100%

CUST 19 YR

Trade Payment Totals

Trade Payment Experiences

Account Status
Days Beyond Terms

Type

Lines
Reported

Recent
High
Credit

Balance

Cur

1-30

31-60

61-90

91+

Comments

Continuously Reported

$300

$200

100%

DBT: 0

Newly Reported

DBT:

Trade Lines Totals

$300

$200

100%

DBT: 0

Monthly Payment Trends

Payment Trends Analysis
JEWELRY & PRECIOUS STONES WHLSNG INDUSTRY SIC: 5094

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

$200

100%

NOV07

87%

$200

100%

OCT07

88%

$200

100%

SEP07

87%

$200

100%

AUG07

87%

$200

100%

JUL07

88%

$300

43%

57%

JUN07

88%

$300

43%

57%

Quarterly Payment Trends

Payment History - Quarterly Averages

Account Status
Days Beyond Terms

Quarter

Months

DBT

Balance

Cur

1-30

31-60

61-90

91+

Q3 - 07

JUL-SEP

$200

70%

30%

Q2 - 07

APR-JUN

$200

47%

53%

Q1 - 07

JAN-MAR

$200

42%

58%

Q4 - 06

OCT-DEC

$200

50%

Q3 - 06

JUL-SEP

Company Background Information

Corporate Registration

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF FLORIDA

State of Origin: FL

Current Status: Active

Business Type: Institutions - Profit

Charter Number: M95702

Federal Tax ID: 65-0110399

Additional Company Background Information

Key Personnel

Principal(s):	ELVIRA MAKHIJA, VICE PRESI
	MALIK MAKHIJA, PRESIDENT
	NORMA SERRANO

Operating Information

Business Type: Institutions

Primary SIC Code: JEWELRY & PRECIOUS STONES WHLSNG - 5094

Number of Employees: 3

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

MIRA INFORM REPORT

Company Information

Executive Summary