MIRA INFORM REPORT

Report Date :

06.11.2007

IDENTIFICATION DETAILS

Name :	C & C JEWELRY MFG INC
Registered Office :	706 S Hill ST STE 650, Los Angeles, CA 90014-2750
Country :	USA
Date of Incorporation :	02 / 21 /2001
Legal Form :	Institutions
Line of Business :	Manufacturing Industries

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
Payment Behaviour :	Regular
Litigation :	Clear

Company Information

NAME AND ADDRESS

C & C JEWELRY MFG INC
706 S HILL ST STE 650
LOS ANGELES, CA 90014-2750
(213) 623-6800

Business Identification Number:

826125089

File Established:

02/1997

Date of Incorporation:

02/21/2001

SIC code:

MANUFACTURING INDUSTRIES, NEC - 3999

Executive Summary

  Intelliscore for C & C JEWELRY MFG INC

70.84

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

0

100

High risk

Low risk

LOW TO MEDIUM RISK
66% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

	NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS
	NUMBER OF TRADES WITH A HIGH BALANCE TO HIGH CREDIT RATIO
	NUMBER OF CURRENT ACCOUNTS
	NUMBER OF ACTIVE ACCOUNTS

  Current DBT range compared to all industries*

0 DBT
($53,900 Balance)

0-15

16-50

51+

80%

11%

9%

% of US businesses falling within DBT range

DBT Norms:
All industries: 6 DBT        Same industry: 7 DBT

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings:

0

Total collections: details (PLACED 09/02)

1

Sum of legal filings:

$0

UCC filings: details (FILED 11/05)

1

Cautionary UCC filings present?

Yes**

Trade Information

Monthly average DBT:

0

Highest DBT previous 6 months:

0

Highest DBT previous 5 quarters:

0

Total continuous trades:

3

Current continuous trade balance:

$53,900

Trade balance of all trades (3):

$53,900

Average balance previous 5 quarters:

$52,220

Highest credit amount extended: details

$51,200

6 month balance range:

$50,800 - $54,200

* Days Beyond Terms (DBT) is a dollar weighted calculation of the average number of days that payment was made beyond the invoice due date based on trades on file that have been updated in the previous 3 months.

** Cautionary UCC Filings include one or more of the following collateral:
Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

7 month DBT trends

90+

60

30

0

0

0

0

0

0

0

0

Apr07

May07

Jun07

Jul07

Aug07

Sep07

Current

  Quarterly DBT trends (previous 5 quarters)

90+

60

30

0

0

0

0

0

0

3Q06

4Q06

1Q07

2Q07

3Q07

Performance Analysis

Predicted DBT for 01/02/2008: 1 DBT

Payment Trend Indication:
Are Stable

Industry payment comparison:
Has paid sooner than 50% of similar firms

Most Frequent Industry Purchasing Terms:
NET 30, CREDIT, and CONTRCT

Legal Filings and Collections

Collections
Date Placed	Status	Original Balance	Outstanding Balance	Date Closed	Agency	Agency Phone
09/2002	Open Account	$115	$115		ADAMS COOPER & MARKS	(407) 368-9300

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	10/2007		NET 30		$0						CUST 4 YR
+BANK	09/2007	09/2007	CONTRCT	$51,200	$50,700	100%
+OFFC SUPPL	10/2007	08/2007	CREDIT	$3,400	$3,200	100%

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	3	$54,600	$53,900	100%					DBT: 0
Newly Reported	0								DBT:
Trade Lines Totals	3	$54,600	$53,900	100%					DBT: 0

Monthly Payment Trends

Payment Trends Analysis
MANUFACTURING INDUSTRIES, NEC INDUSTRY SIC: 3999

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

N/A

0

$53,900

100%

SEP07

84%

7

0

$53,600

100%

AUG07

83%

7

0

$54,200

100%

JUL07

87%

5

0

$53,900

100%

JUN07

87%

5

0

$53,800

100%

MAY07

88%

5

0

$50,800

100%

APR07

89%

5

0

$52,200

100%

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	0	$53,900	100%
Q2 - 07	APR-JUN	0	$52,300	100%
Q1 - 07	JAN-MAR	0	$52,200	100%
Q4 - 06	OCT-DEC	0	$51,700	100%
Q3 - 06	JUL-SEP	0	$51,000	100%

Inquiries

Summary of Inquiries
Business Category	NOV07	OCT07	SEP07	AUG07	JUL07	JUN07	MAY07	APR07	MAR07
AIR TRANS		1
BANK					1			2
BUREAU		1
GENERAL								2
Totals		2			1			4

UCC Profile

The UCC Filings are summarized and listed below.

UCC Summary		Filings
Date Range	Year	Cautionary UCCs^**	Total Filed	Released/ Term'd	Cont	Amended/ Assigned
JUL - PRESENT	2007
JAN - JUN	2007
JUL - DEC	2006
JAN - JUN	2006
JUL - DEC	2005	1	1
PRIOR TO JUL	2005
Total		1	1

** Cautionary UCC Filings include one or more of the following collateral:
Accounts, Accounts Receivable, Contracts, Hereafter Acquired Inventory, Leases, Notes Receivable or Proceeds.

  UCC Filings

UCC FILED Date: 11/23/2005

Filing Number: 057049947398

Jurisdiction: SEC OF STATE CALIFOR

Secured Party: MLLISTAR (N.Y.) INC. NY NEW YORK 10036 15 WEST 46TH STREET,

Collateral: VEHICLES, EQUIP, FURN & FIX, HEREAFTER AQUIRED PROP, UNDEFINED

Company Background Information

  Corporate Registration

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF CALIFORNIA

State of Origin: CA

Date of Incorporation: 02/21/2001

Current Status: Active

Business Type: Institutions - Profit

Charter Number: 02306141

Agent: MIKHAIL CHEKHMAN

Agent Address: 706 S HILL ST STE 650 LOS ANGELES, CA

  Additional Company Background Information

Key Personnel

Principal(s):	MICHAEL CHEKHMAN, PRESIDENT
	MIKHAIL CHEKHMAN, PRESIDENT

Operating Information

Business Type: Institutions

Primary SIC Code: MANUFACTURING INDUSTRIES, NEC - 3999

Secondary SIC Code: MISC. GENERAL MERCHANDISE STORES - 5399

Additional SIC Code: 3911

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