MIRA
INFORM REPORT
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Report Date : |
06.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
ETORUS INC |
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Registered Office : |
16661 Ventura Blvd, Suite 508, Encino, CA 91436 |
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Country : |
United States |
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Date of Incorporation : |
Aug 25,2005 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Environmental Consultants |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Maximum Credit Limit : |
15,000 USD |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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REQUIRED CREDIT |
ADVISED CREDIT |
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MAXIMUM |
15,000 USD |
GEOPOLITICS
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POLITICAL DATA |
ECONOMIC DATA |
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FORM OF GOVERNMENT ECONOMIC RISK |
Federal
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CURRENCY BRANCH SITUATION |
USD Satisfying |
IDENTIFICATION
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Company Name: |
ETORUS, INC. |
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Address: |
16661 Ventura Blvd, Suite 508 Encino, CA 91436 USA |
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Phone: Facsimile: ID: State: Managers: |
+ 1 (818) 788-0490 + 1 (818) 924-1001 4025487 Delaware Shraga Agam, President. |
Date founded: |
Aug 25,2005
Corporation for Profit N.A. 6 employees |
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Legal form: |
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Value: |
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Staff: |
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Business: |
Environmental Consultants |
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BANKS
Bank of the West
BUSINESS
Operations &
Business:
Etorus is a global provider of business solutions for energy and
environmental issues. Through their product offerings, they seek to reduce fuel
consumption and costs, improve emissions, enhance fuel and fleet management,
and make direct and significant contributions to our customers’ bottom lines.
Their principal product, the Etorus FE, is a fifth generation patented
device that has been developed over the course of two decades.
Etorus is specialized in the following items:
-Fuel consumption and emission reduction solutions,
-Fleet tracking and fleet management systems,
-Fleet refueling management and pump control solutions to fleet owners
and users of diesel engines and oil burners.
SHAREHOLDERS –
SUBSIDIARIES – MANAGERS
The
director of the company is:
Shraga
Agam, President.
He
is also the main shareholder.
FINANCIALS –
COMMERCIAL TRENDS AND FORECAST
Etorus Inc. does not publish any financial
statement.
However
our financial sources could provide us with the following information:
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Fiscal Year In USD |
12/31/2007 |
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Turnover |
789,000 |
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Operating profit |
110,000 |
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Net income |
78,000 |
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Net worth |
100,000 |
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Bank liabilities |
50,000 |
LEGALS
0 Suits
0 Judgements
0 Liens
0 Collection Claims
Reported
0 NSF Cheques Reported
0 UCC Security Filings
RATING
Local credit bureau gave a correct credit rate.
The Company is in “good standing”.
This means that all local and federal taxes were paid on due date.
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The cash flow is correct.
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Payments are made on a regular basis of 40 days, monitored during the
past 12 months
Our final opinion:
This is a small company working worldwide.
A credit line may be considered.
SUMMARY
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FINANCIAL SUMMARY |
DEBT COLLECTIONS
AND PAYMENTS |
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PROFITABILITY INDEBTNESS CASH |
Correct controlled
sufficient |
PUBLIC PAYMENTS |
No regular |
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ADVISED CREDIT |
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15,000 USD |
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. |
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%)