MIRA INFORM REPORT

 

 

Report Date :

11.09.2007

 

IDENTIFICATION DETAILS

 

Name :

PREETY DIAMONDS

 

 

Registered Office :

606 S. Hill St. Suite 905, Los Angeles, California - 90014                       

 

 

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:            PREETY DIAMONDS

Address:                       606 S. HILL ST. SUITE 905

City:                             LOS ANGELES

State/Province:              CALIFORNIA                           

Zip Code:                      90014                       

Country:                                    UNITED STATES               

Telephone:                    213 624-0505               

Facsimile:                     N/A

As of:

Sales / Revenue:

Net Income:

Total Equity:

Legal Form:

Website:                       No website found.

Business Activity:

 

 

IMPERATIVES

 

Attempts to locate the Subject have been unsuccessful. We found no trade name or corporate registrations in the name Preety Diamonds, Inc. or variations there of (Pretty Diamonds, Inc. for example). The Subject may be a sole proprietorship, however this could not be confirmed.

 

The heading address could not be confirmed as being that of the Subject. The local area houses numerous jewelry stores, gem dealers, and other related businesses. We were unable to reach nearby neighbors to the heading address, neighbors that are located in the general area did not know of the Subject.  The heading phone number was contacted and answered by a non descript voice mail each time. We have not had any reply to messages left on that voice mail.

 

Outside sources such as: telephone directories, information services, internet search engines and others could not offer any further insight into the Subject's operational or financial condition.

 

We found no payment history or public record filings in the Subject's name, including bankruptcy or other such derogatory filings. Due to a lack of information available on the Subject we are unable to form an opinion of the Subject's overall condition at this time.

 

 

LEGAL

 

Legal Form:

Previous Legal Form:

 

Company is NOT required to publish an annual financial report.

 

 

FINANCIAL INFORMATION

 

We could not obtain any financial information.

 

 

 

 

CURRENT OPERATIONS

 

NAICS Code:   99        Unclassified Establishments

 


 

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