MIRA INFORM REPORT

Report Date :

05.05.2008

IDENTIFICATION DETAILS

Name :	DISONS GEMS INC DISONI CORP

Registered Office :	415 Madison Ave Fl 8, New York, NY 10017-7932 62 E 131st St, New York, Ny 10037-2903

Country :	United States

Date of Incorporation :	08.18.1980

Legal Form :	Corporation - Private

Line of Business :	Jewelry Stores Imports and wholesales precious gems.

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 :	Regular

Litigation :	Clear

Company Information

DISONI CORP
62 E 131ST ST
NEW YORK, NY 10037-2903

Business Identification Number:

711120136

File Established:

02/1982

Date of Incorporation:

08/18/1980

SIC code:

JEWELRY STORES - 5944

Matching Name and Address

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

DISONS GEMS INC
415 MADISON AVE FL 8
NEW YORK, NY 10017-7932

Executive Summary

Intelliscore for DISONI CORP

7.88

0-32.47

32.48-58.63

58.64-70.19

70.2-77.71

77.72-100

100

High risk

Low risk

HIGH RISK
5% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

BALANCE ON HIGH CREDIT

NUMBER OF RECENT COLLECTION ACCOUNTS

NUMBER OF DEROGATORY PUBLIC RECORD ACCOUNTS

NUMBER OF COLLECTION ACCOUNTS

Current DBT range compared to all industries*

0 DBT
($7,400 Balance)

0-15

16-50

51+

80%

11%

% of US businesses falling within DBT range

DBT Norms:
All industries: 6 DBT Same industry: 8 DBT

Legal Filings and Collections

Bankruptcy filings: details (FILED 07/00)

Tax lien filings: details (FILED 06/02-10/05)

Judgment filings:

Total collections: details (PLACED 06/05-07/07)

Sum of legal filings:

$3,833

UCC filings: details (FILED 10/03-09/05)

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:

$7,400

Trade balance of all trades (4):

$7,600

Average balance previous 5 quarters:

$6,080

Highest credit amount extended: details

$12,900

6 month balance range:

$4,700 - $7,400

* 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+

Jun07

Jul07

Aug07

Sep07

Oct07

Nov07

Current

Quarterly DBT trends (previous 5 quarters)

90+

3Q06

4Q06

1Q07

2Q07

3Q07

Performance Analysis

Predicted DBT for 02/13/2008: 1 DBT

Payment Trend Indication:
Are Improving Toward Term Requirements

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

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

Legal Filings and Collections

Collections

Date
Placed

Status

Original
Balance

Outstanding
Balance

Date
Closed

Agency

Agency
Phone

07/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

07/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

07/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

06/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

06/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

06/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

05/2007

Open Account

$2,500

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

05/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

05/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

05/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

04/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

03/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

03/2007

Open Account

$400

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2007

Open Account

$400

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

01/2007

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

12/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

11/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

11/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

11/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

11/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

10/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

03/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

02/2006

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

12/2005

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

12/2005

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

09/2005

Open Account

$147

RECEIVABLE MANAGEMENT SERVICES

(000) 000-0000

08/2005

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

08/2005

Open Account

$300

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

06/2005

Paid in Full

Undisclosed

12/2005

ENVIRONMENTAL CONTROL BOARD

(212) 361-1400

Bankruptcy

File
Date

Filing
Type

Status

Liability
Amount

Asset
Amount

Exempt
Amount

Owner

Filing
Number

Jurisdiction

07/05/2000

Bankruptcy

Chapter 7 Involuntary

0041676

Tax Liens

File
Date

Filing
Type

Status

Amount

Filing
Number

Jurisdiction

09/05/2006

State Tax Lien

Released

$1,046

1564658

NEW YORK COUNTY REG

02/02/2006

State Tax Lien

Released

$194

1943971

NEW YORK COUNTY REG

02/02/2006

State Tax Lien

Released

$163

1971608

NEW YORK COUNTY REG

01/11/2006

State Tax Lien

Released

$2,430

2051818

NEW YORK COUNTY REG

10/14/2005

State Tax Lien

Filed

$2,430

2051818

NEW YORK COUNTY REG

03/24/2005

State Tax Lien

Filed

$163

1971608

NEW YORK COUNTY REG

01/13/2005

State Tax Lien

Filed

$194

001943971

NEW YORK COUNTY REG

06/17/2002

State Tax Lien

Filed

$1,046

001564658

NEW YORK COUNTY REG

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

10/2007

$12,900

$7,400

100%

CUST 16 YR

PACKAGING

12/2007

NET 30

<$100

CUST 7 YR

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

$13,000

$7,400

100%

DBT: 0

Newly Reported

DBT:

Trade Lines Totals

$13,000

$7,400

100%

DBT: 0

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 TRANS

11/2006

NET 30

$100

CUST 2 YR

-LEASING

03/2007

NET 30

$200

100%

CUST 6 YR

Monthly Payment Trends

Payment Trends Analysis
JEWELRY STORES INDUSTRY SIC: 5944

Account Status
Days Beyond Terms

Date Reported

Industry

Cur

DBT

Business
DBT

Balance

Cur

1-30

31-60

61-90

91+

CURRENT

N/A

$7,400

100%

NOV07

81%

$7,400

100%

OCT07

81%

$7,400

100%

SEP07

81%

$6,400

100%

AUG07

82%

$5,600

86%

14%

JUL07

84%

$4,700

87%

13%

JUN07

84%

$5,200

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

$5,600

92%

Q2 - 07

APR-JUN

$5,200

83%

17%

Q1 - 07

JAN-MAR

$5,500

100%

Q4 - 06

OCT-DEC

$8,700

98%

Q3 - 06

JUL-SEP

$5,400

81%

19%

Inquiries

Summary of Inquiries

Business
Category

DEC07

NOV07

OCT07

SEP07

AUG07

JUL07

JUN07

MAY07

APR07

BUREAU

Totals

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

PRIOR TO JUL

2005

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: 09/28/2005

Filing Number: 200509285855787

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: THE CIT GROUO/COMMERCIAL SERVICES, INC. NY NEW YORK 10036 12

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

UCC AMENDED Date: 10/27/2005

Filing Number: 200510275938556

Original Filing Date: 09/28/2005

Original Filing Number: 2005092058

Original Filing State: NY

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: THE CIT GROUP/COMMERCIAL SERVICES, INC.

Collateral:

UCC FILED Date: 10/03/2003

Filing Number: 200310031675738

Jurisdiction: SEC OF STATE NEW YOR

Secured Party: FANCY TRADING CO, LLC NY NEW YORK 10020 1 ROCKEFELLER PLAZA

Collateral: UNDEFINED

Company Background Information

Additional Company Background Information

Key Personnel

Principal(s):	RHONDA AKERS, BRANCH MAN
	MILAN MEHTA, PRESIDENT

Operating Information

Business Type: Institutions

Primary SIC Code: JEWELRY STORES - 5944

IDENTIFICATION & EXECUTIVE SUMMARY

Company Name: DISONS GEMS, INC.

Address: 415 MADISON AVE.

SUITE 800

City: NEW YORK

State/Province: NEW YORK

Zip Code: 10017

Country: UNITED STATES

Telephone: 212 921-4133

Facsimile: 212 730-8265

As of:

Sales / Revenue:

Net Income:

Total Equity:

Number of Employees: 40

Legal Form: Corporation - Private

Website: No Website

Business Activity: The Company imports and wholesales precious gems.

LEGAL

Legal Form: Corporation - Private

Since (D/M/Y): 18/08/1980

State/Province of Incorporation: New York

Status: ACTIVE

Previous Legal Form:

Company is NOT required to publish an annual financial report.

Selected Entity Name: DISONS GEMS, INC.

Initial DOS Filing Date: AUGUST 18, 1980

County: NEW YORK

Jurisdiction: NEW YORK

Entity Type: DOMESTIC BUSINESS CORPORATION

Current Entity Status: ACTIVE

Managers/Key Personnel

Mr. Milan Mehta President

Ms. Sonal Patel Accountant

PUBLIC RECORD

We found no evidence of bankruptcy filed in the Subject's name.

Amount: $ 2,430.12

Creditor: NY STATE DEP'T OF TAXATION AND FINANCE

W.A. HARRIMAN STATE CAMPU

ALBANY NY 12227-0001

Debtors: DISONS GEMS, INC.

48 W 48 ST

NEW YORK NY 10036-1703

Docket Date: 10/14/2005

Docket Type: NY STATE TAX WARRANT

Lien Type: JUDGMENTS DOCKET

Transaction Number: 31002051818

Debtor Address: DISONS GEMS INC

22 W 48TH ST

NEW YORK, NY 10036

Secured Parties: HSBC BANK USA FORMERLY KNOWN AS REPUBLIC NATIONAL BANK OF NEW YORK

Filing Date: 12/10/2001

Filing Number: 01242713

Filing Type: CONTINUATION

Original Filing Number: 92031716

Debtor Address: DISONS GEMS, INC

22 WEST 48TH STREET

NEW YORK, NY 10036

Secured Parties: REPUBLIC NATIONAL BANK OF NEW YORK

Filing Date: 10/30/2006

Filing Number: 0610306054348

Filing Type: CONTINUATION

Original Filing Number: 92031716

Debtor Address: DISONS GEMS INC.

415 MADISON AVENUE

NEW YORK, NY 10017

DISONS GEMS INC.

415 MADISON AVENUE

NEW YORK, NY 10017

Secured Parties: M. FABRIKANT & SONS, INC.

Filing Date: 5/11/2006

Filing Number: 0605115460169

Filing Type: INITIAL FILING

Debtor Address: DISONS GEMS, INC.

22 W. 48TH STREET 3RD. FLOOR

NEW YORK, NY 10036

Secured Parties: HSBC BANK USA

Filing Date: 10/5/2000

Filing Number: 00192946

Filing Type: INITIAL FILING

Debtor Address: DISONS GEMS, INC.

22 WEST 48TH STREET

NEW YORK, NY 10036

DISONS GEMS, INC.

415 MADISON AVENUE

NEW YORK, NY 10017

Secured Parties: THE CIT GROUP/COMMERCIAL SERVICES, INC.

Filing Date: 10/27/2005

Filing Number: 0510275938556

Filing Type: AMENDMENT

Original Filing Number: 0509285855787

Debtor Address: DISONS GEMS, INC.

22 WEST 48TH STREET

NEW YORK, NY 10036

Secured Parties: THE CIT GROUP/COMMERCIAL SERVICES, INC.

Filing Date: 9/28/2005

Filing Number: 0509285855787

Filing Type: INITIAL FILING

Debtor Address: DISONS GEMS, INC.

22 W. 48TH STREET, 3RD FLOOR

NEW YORK, NY 10036

DISONS GEMS, INC.

22 W. 48TH STREET, 3RD FLOOR

NEW YORK, NY 10036

Secured Parties: HSBC BANK USA

Filing Date: 4/28/2005

Filing Number: 0504285366879

Filing Type: CONTINUATION

Original Filing Number: 00192946

Debtor Address: DISONS GEMS, INC.

22 W 48TH ST FL 3

NEW YORK, NY 10036-1803

Secured Parties: FANCY TRADING CO, LLC

Filing Date: 10/3/2003

Filing Number: 0310031675738

Filing Type: INITIAL FILING

Debtors: DISONS GEMS INC.

22 W 48TH ST

STE 301

NY, NY 10036-1803

Filing Date: 12/14/2005

Filing Number: 2005000690175

Filing Type: FEDERAL LIEN

Secured Party: INTERNAL REVENUE SERVICE

P.O. BOX 145595

NY, NY 45250-5595

GENERAL COMMENTS

The Subject has been operating since 1980, engaged in the wholesaling of precious gems. Management deferred all financial information per policy. Legal indicate no negative litigation taken against the Subject. Payment to local suppliers have been prompt when credit has been extended. Thus, the Company is considered to be responsible for normal business transactions.

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