MIRA INFORM REPORT

Report Date :

26.03.2008

IDENTIFICATION DETAILS

Name :	GORDON BROTHERS CO

Registered Office :	40 Broad St Ste 1100 , Boston, Ma 02109-4316

Country :	United States

Date of Incorporation :	08/1983

Com. Reg. No.:	700802933

Legal Form :	Institutions

Line of Business :	Jewelry & Precious Stones Whlsng

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Satisfactory

Payment Behaviour :	No Complaints

Matching Name and Address

This business is linked to the one displayed above. The report shows the best view of the business.

GORDON BROTHERS GROUP, LLC
101 HUNTINGTON AVE
BOSTON, MA 02199-7603

Executive Summary

Intelliscore for GORDON BROTHERS CO

56.31

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

100

High risk

Low risk

MEDIUM TO HIGH RISK
35% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

NUMBER OF TRADES NET 1-30 TERMS

NUMBER OF CURRENT ACCOUNTS

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

NUMBER OF DELINQUENT OR DEROGATORY ACCOUNTS

Current DBT range compared to all industries*

15 DBT
($29,900 Balance)

0-15

16-50

51+

80%

11%

% of US businesses falling within DBT range

DBT Norms:
All industries: 7 DBT Same industry: 5 DBT

Legal Filings and Collections

Bankruptcy filings:

Tax lien filings: details (FILED 10/06)

Judgment filings:

Total collections: details (PLACED 05/06)

Sum of legal filings:

$3,395

UCC filings: details (FILED 01/02-10/07)

Cautionary UCC filings present?

Yes**

Trade Information

Monthly average DBT:

Highest DBT previous 6 months:

Highest DBT previous 5 quarters:

Total continuous trades:

Current continuous trade balance:

$29,900

Trade balance of all trades (38):

$59,200

Average balance previous 5 quarters:

$54,200

Highest credit amount extended: details

$72,900

6 month balance range:

$29,900 - $85,600

* 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 Receivables, Contract Rights, Hereafter Acquired Property, Inventory, Leases, Notes Receivable or Proceeds.

7 month DBT trends

90+

Sep07

Oct07

Nov07

Dec07

Jan08

Feb08

Current

Quarterly DBT trends (previous 5 quarters)

90+

4Q06

1Q07

2Q07

3Q07

4Q07

Performance Analysis

Predicted DBT for 05/21/2008: 11 DBT

Payment Trend Indication:
Show No Identifiable Trend

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

Most Frequent Industry Purchasing Terms:
NET 30, CREDIT, and 0000000

Legal Filings and Collections

Collections

Date
Placed

Status

Original
Balance

Outstanding
Balance

Date
Closed

Agency

Agency
Phone

05/2006

Closed, Uncollected

$345

09/2006

RECEIVABLE MANAGEMENT SERVICES

(000) 000-0000

Tax Liens

File
Date

Filing
Type

Status

Amount

Filing
Number

Jurisdiction

03/20/2007

State Tax Lien

Released

$3,395

X06289998

ALBANY COUNTY CLERK

10/12/2006

State Tax Lien

Filed

$3,395

X0628998

ALBANY COUNTY CLERK

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

+AIR TRANS

02/2008

$55,400

$13,500

97%

CUST 14 YR

AIR TRANS

02/2008

NET 30

CUST 4 YR

APRL MENS

03/2008

03/2007

NET 30

$800

COMPUTERS

03/2008

09/2003

CREDIT

DP SERVCS

03/2008

11/2007

CUST 5 YR

FACTOR

01/2008

VARIED

$28,300

FACTOR

02/2008

NET 30

FACTOR

02/2008

12/2007

NET 60

$44,400

FACTOR

02/2008

NET 30

CUST 3 YR

FINCL SVCS

03/2008

CONTRCT

SATSFTRY

FREIGHT

03/2008

06/2006

VARIED

-GENERAL

11/2007

VARIED

$72,900

$9,200

100%

NEWSPAPERS

03/2008

09/2006

NET 15

OFFC SUPPL

03/2008

02/2008

CREDIT

$800

PACKAGING

03/2008

NET 30

$300

CUST 4 YR

SAFTY PROD

12/2007

NET 30

CUST 1 YR

+TRUCK DLR

03/2008

CONTRCT

$28,100

$7,200

86%

14%

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

$231,000

$29,900

64%

31%

DBT: 15

Newly Reported

DBT:

Trade Lines Totals

$231,000

$29,900

64%

31%

DBT: 15

Additional Payment Experiences

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

AIR CMPSRS

06/2007

NET 30

APPAREL

10/2007

NET 30

CUST 96 YR

+APPAREL

07/2005

NET 30

$6,200

100%

CUST 3 YR

BUS SERVCS

10/2006

NET 30

COMPUTERS

05/2005

NET 30

CUST 37 YR

=COMPUTERS

06/2006

05/2006

$28,100

$18,000

100%

DP EQUIP

09/2007

06/2007

NET 30

FACTOR

07/2007

05/2006

NET 30

-FACTOR

05/2005

02/2005

VARIED

$19,300

$2,000

100%

FINCL SVCS

03/2006

CONTRCT

SATSFTRY

+FREIGHT

11/2006

VARIED

$3,000

100%

FURNTR&FIX

03/2005

09/2001

NET 30

GIFTWARE

01/2006

NET 30

CUST 4 YR

HOUSEWARES

01/2006

VARIED

KITCHN EQP

12/2005

05/2004

NET 30

OFFC SUPPL

11/2005

CREDIT

CUST 5 YR

PACKAGING

01/2006

08/2001

NET 30

PAPER PROD

06/2005

NET 30

+TELECOM

05/2005

04/2005

NET EOM

$14,100

<$100

100%

CUST 12 YR

TELECOM

03/2006

NET 30

CUST 17 YR

TRANSPORTN

07/2006

09/2005

NET 15

$4,500

Monthly Payment Trends

Payment Trends Analysis
JEWELRY & PRECIOUS STONES WHLSNG INDUSTRY SIC: 5094

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

$29,900

64%

31%

FEB08

88%

$32,100

69%

29%

JAN08

88%

$60,000

68%

14%

18%

DEC07

89%

$85,600

54%

11%

33%

NOV07

89%

$55,600

70%

11%

17%

OCT07

90%

$77,300

84%

15%

SEP07

90%

$40,600

72%

25%

Quarterly Payment Trends

Payment History - Quarterly Averages

Account Status
Days Beyond Terms

Quarter

Months

DBT

Balance

Cur

1-30

31-60

61-90

91+

Q4 - 07

OCT-DEC

$72,800

69%

13%

Q3 - 07

JUL-SEP

$72,200

89%

Q2 - 07

APR-JUN

$22,200

80%

Q1 - 07

JAN-MAR

$52,400

53%

15%

20%

Q4 - 06

OCT-DEC

$51,400

42%

28%

24%

Inquiries

Summary of Inquiries

Business
Category

MAR08

FEB08

JAN08

DEC07

NOV07

OCT07

SEP07

AUG07

JUL07

AUTO LEASE

COMMUN SVC

GENERAL

REL ESTATE

Totals

UCC Profile

The number of UCC Filings is summarized with the 10 most recent listed below.

A full UCC detail report is available the same business day by entering UCC-700802933-C033201466
into the Business ID Number field on the BizApps order page.

UCC Summary

Filings

Date Range

Year

Cautionary
UCCs^**

Total
Filed

Released/
Term'd

Cont

Amended/
Assigned

JAN - PRESENT

2008

JUL - DEC

2007

JAN - JUN

2007

JUL - DEC

2006

JAN - JUN

2006

PRIOR TO JAN

2006

Total

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

UCC Filings

UCC FILED Date: 10/17/2007

Filing Number: 2007 3918975

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: BANK OF AMERICA, N.A., AS ADMINISTRATIVE MA BOSTON 02110 ONE

Collateral: HEREAFTER AQUIRED PROP, UNDEFINED

UCC FILED Date: 06/13/2007

Filing Number: 2007 2259298

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: BANC OF AMERICA LEASING & CAPITAL, LLC GA TUCKER 30084 2059

Collateral: EQUIP, HEREAFTER AQUIRED PROP, UNDEFINED

UCC FILED Date: 11/03/2006

Filing Number: 6386317 2

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: SHANE OF NEW YORK, INC. NY NEW YORK 10017 305 EAST 47TH STRE

Collateral: UNDEFINED

UCC FILED Date: 06/22/2006

Filing Number: 6215497 9

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: SHANE OF NEW YORK, INC. NY NEW YORK 10017 305 EAST 47TH STRE

Collateral: UNDEFINED

UCC FILED Date: 01/05/2006

Filing Number: 6004890 0

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: BANK OF AMERICA, N.A., AS AGENT MA BOSTON 02110 100 FEDERAL

Collateral: HEREAFTER AQUIRED PROP, UNDEFINED

UCC FILED Date: 12/16/2005

Filing Number: 200544254280

Jurisdiction: SEC OF STATE MASSACH

Secured Party: UNI CREATION INC NY NEW YORK 10036 592 FIFTH AVE 11TH FL

Collateral: HEREAFTER AQUIRED PROP, INVENTORY, ACCTS REC, FURN & FIX, UNDEFINED

UCC FILED Date: 11/30/2005

Filing Number: 200543838760

Jurisdiction: SEC OF STATE MASSACH

Secured Party: EUGENE BIRO CORP. NY NEW YORK 10036 37 W. 47TH ST.

Collateral:

UCC FILED Date: 11/14/2005

Filing Number: 5352886 7

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: SHANE OF NEW YORK, INC. NY NEW YORK 10017 305 EAST 47TH STRE

Collateral: UNDEFINED

UCC FILED Date: 05/05/2005

Filing Number: 5138130 1

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: FLEET NATIONAL BANK, AS AGENT MA BOSTON 02110 100 FEDERAL ST

Collateral: INVENTORY, HEREAFTER AQUIRED PROP, UNDEFINED

UCC FILED Date: 11/10/2004

Filing Number: 4317705 4

Jurisdiction: SEC OF STATE DELAWAR

Secured Party: SHANE OF NEW YORK, INC. NY NEW YORK 10036 1212 AVENUE OF THE

Collateral: EQUIP, HEREAFTER AQUIRED PROP, UNDEFINED

Commercial Finance Relationships

Banking Relationships

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 08/04/2005

Account Rating: NO COMMENT AS OF 09/29/2006

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/29/2006

Account Balance: MID SEVEN FIGURES

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/29/2006

Account Balance: HIGH SEVEN FIGURES

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/29/2006

Account Balance: HIGH SEVEN FIGURES

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/29/2006

Account Balance: HIGH SEVEN FIGURES

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/29/2006

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 08/04/2005

Account Rating: NO COMMENT AS OF 05/31/2006

Note: NOTE: ACCOUNT CLOSED AS OF 02/22/2006

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 08/04/2005

Account Rating: NO COMMENT AS OF 04/28/2006

Note: NOTE: ACCOUNT CLOSED AS OF 12/20/2005

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 08/04/2005

Account Rating: NO COMMENT AS OF 06/30/2006

Note: NOTE: ACCOUNT CLOSED AS OF 08/19/2005

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/30/2005

Note: NOTE: ACCOUNT CLOSED AS OF 02/22/2005

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 12/07/2005

Account Rating: NO COMMENT AS OF 08/31/2006

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 12/07/2005

Account Rating: NO COMMENT AS OF 09/29/2006

Account Balance: LOW SEVEN FIGURES

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 12/07/2005

Account Rating: NO COMMENT AS OF 09/29/2006

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 08/02/2002

Account Rating: NO COMMENT AS OF 09/29/2006

Financial Institution: CITIZENS SAVINGS BANK

Address: 1 CITIZENS PLAZA PROVIDENCE RI02903

Phone: (401) 456-7000

Account Type: BORROWER

Date Opened: 02/03/2000

Account Rating: NO COMMENT AS OF 09/29/2006

Company Background Information

Corporate Registration

THE FOLLOWING INFORMATION WAS PROVIDED BY THE STATE OF MASSACHUSETTS

State of Origin: MA

Date of Incorporation: 06/18/1996

Current Status: Inactive - CHARTER TERMINATED

Business Type: Institutions - Profit

Charter Number: 043319485

Additional Company Background Information

Key Personnel

Principal(s):	MARK J. SCHWARTZ, CEO
	MICHAEL FRIEZE, CEO
	RON CRYAN, CHIEF INFO

Operating Information

Business Type: Institutions

Primary SIC Code: JEWELRY & PRECIOUS STONES WHLSNG - 5094

Secondary SIC Code: ROOFING & SHEET METAL WORK - 1761

Additional SIC Code: 5947 - 8743

Number of Employees: 100

Sales: $7,300,000

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

MIRA INFORM REPORT

Company Information

Matching Name and Address

Executive Summary

Legal Filings and Collections

Trade Payment Information

Trade Payment Totals

Additional Payment Experiences

Monthly Payment Trends

Quarterly Payment Trends

UCC Profile

UCC Filings

Commercial Finance Relationships

Company Background Information

Additional Company Background Information