MIRA INFORM REPORT

 

 

Report Date :

24th January, 2007

 

IDENTIFICATION DETAILS

 

Name :

VISTAR, INC

 

 

Registered Office :

P.O. Box 382 12 Darren Court, East Brunswick, New Jersey 08816, United States

 

 

Country :

United States

 

 

Date of Incorporation :

21.06.1989

 

 

Legal Form :

Corporation - Private

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : VISTAR, INC

Address                        : P.O. BOX 382 12 DARREN COURT

City                              : EAST BRUNSWICK

State/Province               : NEW JERSEY                           

Zip Code                       : 08816                        

Country                         : UNITED STATES               

Telephone                     : 732 246-3335                

Facsimile                      : N/A

Legal Form                    : Corporation - Private

Website                        : N/A

@rating Opinion :

Business Activity           :

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

 

 

 

NOTE TO CLIENT

 

Person Contacted: Mr. Vijay Punjabi, President.

 

NOTE: All of the information in this report was provided by New Jersey Secretary of State's Office.

 

 

IMPERATIVES

 

Mr. Punjabi declined to provide any information or confirm any details in this report. He abruptly terminated the interview, therefore no detailed information could be learned.

 

A nationwide search of Secretaries of State's Offices located the Firm's registration in New Jersey (which is presented in the Legal Section).

 

The heading address was reported by New Jersey Secretary of State's Office as being the Firm's principal address, however the Firm's contact number; Tel: 732 246-3335 traced to the following address; 190 Highway 18, East Brunswick, NJ 08816. Mr. Punjabi declined to confirm either address, so at this time we are unable to determine which address (if both or niether) belongs to the Firm. Outside sources provided no additional information.

 

Mr. Punjabi also declined to provide a fax number and one could not be located via electronic search, telephone and business directory.

 

In attempts to learn further details about the Firm; the name, addresses, contact number and officer were all cross-checked via electronic search, telephone and business directory. However, the only information located was that the Firm is categorized as the following:  Italian Restaurants,  Condiments & Sauces Retail, and  Vending Machine Dealers. No internet address or alternate contact numbers could be located.

 

A variety of outside sources consulted, failed to provide any additional insight into the Firm's management, activities or financial condition.

 

No payment were traced to the Firm.

 

No Uniform Commercial Codes, tax liens or bankruptcy petitions were traced to the Firm.

 

This is a full investigation.

 

 

LEGAL

 

Legal Form                                : Corporation - Private                    

Since (D/M/Y)                            :  21/06/1989

State/Province of Incorporation    :  NJ

Status                                       : ACTIVE

Previous Legal Form                   :

Company is NOT required to publish an annual financial report.

The Firm is incorporated in New Jersey under the followng:

 

Business Name             : VISTAR, INC.

Business ID Number      : 0100419736

Business Type               : DOMESTIC PROFIT CORPORATION

Status                           : ACTIVE

Filing Date                     : 06/21/1989

Home Jurisdiction          : NJ

Stock Amount               : 2500

Incorporator                   : HARVEY D. KARKUS

Agent                            : VIJAY P PUNJABI

Agent Address               : 12 DARREN CT

  EAST BRUNSWICK, NJ  08816

Office Address Status    : Deliverable

Main Business Address  : PO BOX 382

  EAST BRUNSWICK, NJ  08816

Principal Business Address: PO BOX 382

      EAST BRUNSWICK, NJ  08816

Associated Names

Name                            : VIGEM, INC.

Type Description            : Previous Name

 

 

Managers/Key Personnel

 

Mr. Vijay Punjabi                      President

Mr. Aarti Punjabi                      Vice President &  Treasurer

 

 

FINANCIAL INFORMATION

 

No financial information could be obtained.

 

 

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

 

 

 

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