MIRA INFORM REPORT

 

 

Report Date :

27.06.2007

 

 

IDENTIFICATION DETAILS

 

Name :

ACN RECEIVING

 

 

Registered Office :

190 Hayfield Road, Knoxville, Tennessee - 37922                       

 

 

Country :

United States                

 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 

 


IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name:            ACN RECEIVING

Address:                       190 HAYFIELD ROAD

City:                             KNOXVILLE

State/Province:              TENNESSEE                            

Zip Code:                      37922                       

Country:                                    UNITED STATES               

Telephone:                    865 692-6000                

Facsimile:                     865 692-1346

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:

Website:                       www.jewelrytelevision.com

Business Activity:

 

 

NOTE TO CLIENT

 

Please note that we could not determine the exact name of the Company you are inquiring about. Please see below for more details.

 

 

IMPERATIVES

 

The provided name; ACN RECEIVING is a warehouse location used by several companies, two of which are:

 

AMERICA'S COLLECTIBLES NETWORK, INC.

ACN NETWORK, INC.

 

both of the above companies are located at:

 

10001 KINGSTON PIKE

SUITE 57

KNOXVILLE, TN  37922

 

Please advice Customer service on which of the above mentioned companies, you would like a report on.

 

 

LEGAL

 

Legal Form:

Previous Legal Form:

Company is NOT required to publish an annual financial report.

 

 

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