MIRA INFORM REPORT

Report Date :

05.11.2007

IDENTIFICATION DETAILS

Name :	MACRO ENGINEERING & TECHNOLOGY INC

Registered Office :	199 Traders Blvd E, Mississauga, ON L4Z2E5

Country :	Canada

Date of Incorporation :	10/1997

Legal Form :	Limited Liability Company

Line of Business :	Dealers of Engineering related activities.

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 :	Slow by 27 days

Litigation :	Clear

Executive Summary

Composite Index and Trend

2
Lowest risk

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

Composite Index Risk Indicators:
*0-9:*	Lowest risk	*31-40:*	High risk
*10-20:*	Average risk	*41-69:*	Highest risk
*21-30:*	Above average risk	*70:*	Bankruptcy reported

Payment Index and Trend

27
27 days past due

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

Legal and Derogatory Items

Bankruptcy filings:		0
	Most recent	N/A

Judgments:		0
	Amount	N/A
	Most recent	N/A

Suits:		0
	Amount	N/A
	Most recent	N/A

Collection claims:		1
	Amount	$10,000
	Most recent	Apr 2006

Returned checks:		0
	Amount	N/A
	Most recent	N/A

Credit Information

Number of lines:
	Financial	0
	Trade	48

Total balance:
	Financial	$0
	Trade	$829,997

High credit limit:
	Financial	$0
	Trade	$1,374,946

Average balance:
	Financial	0
	Trade	$17,292

Inquiries:

Payment Information

Quarterly Payment Trends

Quarters

Composite
Index

Payment
Index

Total
Trade
Lines

Total
Balance

Current

Q3 - 2007

$178,824

47%

37%

12%

Q2 - 2007

$274,484

38%

43%

12%

Q1 - 2007

$504,805

29%

69%

Q4 - 2006

$965,371

86%

13%

Q3 - 2006

$242,260

36%

57%

Q2 - 2006

$214,527

43%

49%

Q1 - 2006

$373,846

41%

49%

Q4 - 2005

$360,901

46%

42%

12%

Q3 - 2005

$211,622

38%

54%

Q2 - 2005

N/A

$261,736

30%

66%

Trade Payment Experiences

Supplier

Date
Reported

High
Credit

Total
Balance

Current

Wholesale-Elec Equip

Nov 2007

$2,386

$1,554

$832

Wholesale-Elec Equip

Oct 2007

$29,629

$21,496

$8,058

$75

Mfr-Pump & Pumping Equipment

Oct 2007

$2,522

$1,855

$667

Transportation Serv

Oct 2007

$35,714

$4,693

$2,915

$1,778

Whlsl-Ind Mach Sppls

Oct 2007

$1,677

$880

$735

$62

KTS TOOLING SUPPLY

Oct 2007

$1,277

$944

$333

Transportation Serv

Oct 2007

$2,406

Whlsl-Constr/Mine Eq

Oct 2007

$13,862

$4,201

$9,661

Whlsl Ferrs Nonferrs Metal

Oct 2007

$26,203

$9,502

$16,701

Wholesale-Elec Equip

Oct 2007

$150,000

$21,271

$7,401

$13,870

Transportation Serv

Oct 2007

$5,371

$3,202

$2,169

Wholesale-Hardware

Oct 2007

$282

DE LAGE LANDEN FIN

Oct 2007

$8,810

$495

Wholesale-Elec Appls

Oct 2007

$100,000

$36,679

$21,780

$14,899

Whlsl-Durable Goods

Oct 2007

$1,376

Whlsl Ferrs Nonferrs Metal

Oct 2007

$25,000

$760

Wholesale-Elec Equip

Oct 2007

$87,551

$35,215

Wholesale-Elec Equip

Oct 2007

$207,523

$59,980

$44,439

$15,541

CITI CARDS CANADA

Oct 2007

$4,524

Whlsl-Plumbing/Heatg

Sep 2007

$7,507

$132

Business Services

Sep 2007

$1,156

Whlsl-Electronic Pts

Sep 2007

$2,003

Whlsl-Plumbing/Heatg

Aug 2007

$20,168

Manufacturing Industries

Aug 2007

$427

Transportation Serv

Aug 2007

$3,522

$2,629

$893

Transportation Serv

Aug 2007

$2,530

$2,277

$253

Whlsl-Electronic Pts

Jul 2007

$1,212

Mfr-Drawing&Insulatn Nfer Wire

Jul 2007

$1,033

Whlsl Ferrs Nonferrs Metal

Jun 2007

$2,343

Whlsl-Plumbing/Heatg

Jun 2007

$10,000

$242

Mfr-Engine

Jun 2007

$124,405

$64,241

$35,388

$28,853

Whlsl Ferrs Nonferrs Metal

May 2007

$2,392

$1,622

$558

$212

Mfr-Paint, Varnishes, Lacquers

May 2007

$2,087

Whlsl-Petro Products

Apr 2007

$304

Whlsl-Ind Mach Sppls

Apr 2007

$279

$265

$14

ACKLAND GRAINGER CANADA INC

Apr 2007

$15,000

$2,854

Wholesale-Chemicals

Apr 2007

$371

$93

$278

Retail-Bldg/Hardware

Mar 2007

$609

$24

$141

$444

Mfr-Pump & Pumping Equipment

Mar 2007

$5,988

Whlsl-Ind Mach Sppls

Jan 2007

$1,341

$1,340

Whlsl-Ind Mach Sppls

Jan 2007

$7,913

$5,706

$2,207

Trucking

Jan 2007

$209

Mfr-Rolling Mill Machinery &Eq

Dec 2006

$12,591

$113

$12,478

TIDLAND CORPORATION

Dec 2006

$33,056

L D MACHINE WORKS LIMITED

Nov 2006

$297,000

RITTAL SYSTEMS LTD.

Nov 2006

$113,000

Whlsl-Paint/Wall Cov

Nov 2006

$351

Whlsl-Commercial Mch

Oct 2006

$36

Total

$1,374,946

$829,997

$668,336

$124,753

$1,956

$34,952

# - Indicates Long Term Secured Debit, which is NOT included in the PI and CI calculation.

Derogatory Information

Collection Claims Reported

Debtor:	MACRO ENGINEERING & TECHNOLOGY	Date Placed:	Apr 03, 2006
Creditor:	3RD PARTY COLLECTION	Amount Placed:	$10,000.00
Closed:	N/A	Amount Paid:	$10,000.00
Agency:	COLLECTCENTS INC	Last Payment:	N/A
Status:	Claim Collected
Comments:	N/A

Banking Information

Bank Relationships

This bank report was obtained on: Jun 13, 2007
Bank Name:	ROYAL BANK OF CANADA MEADOWVALE BRANCH

Address:	6880 FINANCIAL DR MISSISSAUGA, ON L5N7Y5 Branch: 003, Transit: 03212

Reference:	CREDIT DEPARTMENT Phone: (905) 286-7100 Fax: (416) 974-9797

Account Type(s):	Current account
Account Opened:	For more than 3 years
Account Balance:	Low 5 figures
Returned Checks:	None In the last 30 days

Line of Credit Details
Credit Line Type(s):	Line of credit
Line of Credit Date:	Not available
Line of Credit Authorized:	Medium 7 figures
Rating on Line of Credit:	Paid as agreed
Secured? By What?:	Not available

Signing Officer(s):	Not available




This bank report was obtained on: Dec 01, 2006
Bank Name:	ROYAL BANK OF CANADA BUSINESS OWNERS-33 CITY CENTRE

Address:	33 CITY CENTRE DR MISSISSAUGA, ON L5B2N5 Branch: 003, Transit: 03276

Reference:	XAVIER INVERARITY AJ/AJ Phone: (905) 286-7241 Fax: (416) 974-7676

Account Type(s):	Current account
Account Opened:	For more than 3 years
Account Balance:	Low 6 figures
Returned Checks:	None

Line of Credit Details
Credit Line Type(s):	N/A
Line of Credit Date:	Not available
Line of Credit Authorized:	Medium 7 figures
Rating on Line of Credit:	Not available
Secured? By What?:	Not available

Signing Officer(s):	Not available

Company Background Information

Incorporation

Effective Date:	N/A
Registration Number:
Location:	Ontario
Operation Since:	Jan 01, 1990
Comments:	N/A

Premises

Date Reported:	Dec 01, 2006
Description:	Rented
Address:	199 TRADERS BLVD E MISSISSAUGA ON
Validation Source:	N/A
Value:	$0

Finances

Date Reported:	Dec 01, 2006
Description:	Sales, $25,000,000

Assets

Date Reported:	Dec 01, 2006
Description:	Not Available

Additional Company Information

Key Personnel:

MIREK PLANATA, President shareholder, Share: N/A




Number of Employees:	115

Other Names or Addresses

Multiple names and/or addresses have been reported for this business. Validations are listed below. Regardless of which address you've chosen to pull this report for, the information is identical.

MACRO ENGINEERING & TECHNOLOGY INC., 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY INC, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY INC, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENG & TECHNOLOGY INC, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECH.INC, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY INC, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING TECHNOLOGY INC, 199 TRADERS BLVD E, MISSISSAUGA, ON L4Z2E5

MACRO ENGINEERING & TECHNOLOGY INC, 170 TRADERS BLVD E, MISSISSAUGA, ON L4Z1W7

Inquiries

Inquiries
Inquiry Date	Inquirer's Name/Industry
Oct 11, 2007	Transportation Serv
Sep 12, 2007	STRATFORD AGRI
Aug 28, 2007	NEXIENT
Aug 10, 2007	Mfr-Machine Tool
Jul 16, 2007	O E DIV OF CANON CDA
Jul 16, 2007	Wholesale-Elec Equip
Jul 06, 2007	BMW GROUP FIN SERV
Jun 28, 2007	Wholesale-Elec Equip
May 16, 2007	Whlsl Ferrs Nonferrs Metal
May 15, 2007	Whlsl-Plumbing/Heatg
Apr 25, 2007	WASTE MANAGEMENT
Mar 28, 2007	Business Services
Feb 27, 2007	Business Services
Feb 23, 2007	THE BRAND FELT LTD
Feb 23, 2007	Mfr-Pump & Pumping Equipment
Feb 22, 2007	Mfr-Fabricated Structural Metl
Feb 21, 2007	HELLMANN WORLDWIDE
Jan 30, 2007	Whlsl-Petro Products
Jan 25, 2007	KINECOR INC
Jan 03, 2007	Whlsl-Plumbing/Heatg
Jan 03, 2007	Wholesale-Hardware
Dec 20, 2006	Mfr-Valve & Pipe Fittings
Dec 05, 2006	Mfr-Engine
Nov 17, 2006	Wholesale-Elec Equip
Oct 05, 2006	CDW CORPORATION
Oct 03, 2006	Business Services
Sep 26, 2006	Mfr-Pump & Pumping Equipment
Sep 14, 2006	USF WATERGROUP INC
Sep 07, 2006	ROEVIN TECH PEOPLE
Aug 28, 2006	Mfr-Pump & Pumping Equipment
Aug 28, 2006	Mfr-Pump & Pumping Equipment
Apr 27, 2006	Whlsl-Ind Mach Sppls
Apr 06, 2006	RICOH CANADA INC
Mar 31, 2006	Serv-Eqp Rntl/Lease
Dec 02, 2005	Whlsl Ferrs Nonferrs Metal
Nov 08, 2005	Wholesale-Elec Equip
Nov 04, 2005	Arrg Transp of Freight & Cargo
Oct 11, 2005	SCOTIABANK
Oct 11, 2005	SCOTIABANK
Oct 07, 2005	Manufacturing Industries

Composite Index Calculation

Composite Index Factor Table

The Composite Index for THIS BUSINESS was determined based on the following:
	SCORE
1. Active in credit database for 9 years	0
2. Current Payment Index is 19	0
3. Number of supplier references on file is 25	0
4. On Sep 30, 2007 the Payment Index was 3 points higher than Sep 30, 2006	0
5. Number of derogatory items on file in the past 2 years is 1	0
6. The most recent derogatory item was recorded 19 months ago	0
7. Derogatory item amounts as a % of dollars owed suppliers is 4%	2

TOTAL Current Composite Index ->	2

Composite Index Risk Indicators

Composite Index	Risk Indicator	Composite Index	Risk Indicator
0-9	Lowest risk	31-40	High risk
10-20	Average risk	41-69	Highest risk
21-30	Above average risk	70	Bankruptcy reported

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