MIRA
INFORM REPORT
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Report Date : |
13.07.2007 |
IDENTIFICATION DETAILS
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Name : |
DRAXIMAGE INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
07/04/1997 |
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Legal Form : |
Federally
Chartered Corp. – Private |
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Line of Business : |
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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 |
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Payment Behaviour : |
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Litigation : |
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IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: DRAXIMAGE
INC.
Address:
City:
State/Province:
Zip Code: H9H
4JH
Country:
Telephone: 514
694-8220
Facsimile: 514
694-5968
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Federally
Chartered Corp. - Private
Business Activity: The nature of business could not be
confirmed at this time.
IMPERATIVES
An electronic search
was conducted for the Subject via the internet & telephone directories in the
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DRAXIMAGE INC.
Tel: 514 630-7080
Fax: 514 694-9295
Web:
www.draximage.com
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This company was
contacted and we were informed that as of January 2005, the legal company, Draximage
Inc., was amalgamated into Draxis Specialty Pharmaceuticals Inc. It should be
noted that the name " Draximage"
is used as a trade name by Draxis Specialty Pharmaceuticals Inc. and is
now recognized as a division of this company. However, as Draximage was legally
incorporated as its own legal entity within a period of 5 years from today's
date, we have provided the information in this report as it regards to the
amalgamation of Draximage Inc. A report must be requested under the name "
Draxis Specialty Pharmaceuticals Inc."
for a complete report.
LEGAL
Legal Form: Federally
Chartered Corp. - Private
Since (D/M/Y): 07/04/1997
State/Province of
Incorporation:
Status: DISSOLVED
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
The Company was
incorporated in
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Corporation
Name: DRAXIMAGE INC.
Corporation
Number: 3362418
BN Number: 886407162RC0001
Old Name: 3362418
CANADA INC.
Date Name
Changed: 4-Jul-1997
Registered
Office: C/O ALIDA GUALTIERI
Entity Status: Amalgamating
Status Date: 1-Jan-2005
PAYMENT HISTORY
A payment record
could not be obtained at this time.
FINANCIAL INFORMATION
Financial
information could not be obtained at this time.
CURRENT OPERATIONS
NAICS Code: 999
Unclassified Establishments
Business Activity:
The nature of
business could not be confirmed at this time.
PUBLIC RECORD
A search of failed
to reveal negative findings.
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/normal. |
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%)