MIRA INFORM REPORT

Report Date :

15.05.2008

IDENTIFICATION DETAILS

Name :	HDM LABS INC
Registered Office :	153 Kingston Blvd, Island Park, NY 11558-1926,
Country :	United States
Date of Incorporation :	09/1991
Com. Reg. No.:	840486009
Legal Form :	Private Limited Company
Line of Business :	Noncommercial Research Organization

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 :	No Complaints
Litigation :	Clear

Company Information

HDM LABS INC
153 KINGSTON BLVD
ISLAND PARK, NY 11558-1926
(516) 431-8357

Business Identification Number:

840486009

File Established:

09/1991

SIC code:

NONCOMMERCIAL RESEARCH ORGANIZATN - 8733

Executive Summary

  Intelliscore for HDM LABS INC

83.88

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 RISK
95% of businesses indicate a higher risk of becoming seriously delinquent than this business

Key score factors:

	RISK ASSOCIATED WITH COMPANY'S INDUSTRY IS HIGHER THAN AVG
	FEW, IF ANY, TRADES WITH A HIGH BAL TO HIGH CRED LIMIT RATIO
	RATIO OF REGULARLY REPORTED TRADES TO TOTAL TRADES
	NUMBER OF CURRENT ACCOUNTS

Research Tips
	Additional information may be available on this business. Other recommended searches: Order Public Record

Legal Filings and Collections

Bankruptcy filings:

0

Tax lien filings:

0

Judgment filings:

0

Total collections:

0

Sum of legal filings:

$0

UCC filings:

0

Cautionary UCC filings present?

No

Trade Information

Monthly average DBT:

6

Highest DBT previous 6 months:

15

Highest DBT previous 5 quarters:

15

Total continuous trades:

2

Current continuous trade balance:

$100

Trade balance of all trades (2):

$100

Average balance previous 5 quarters:

$340

Highest credit amount extended: details

$1,200

6 month balance range:

$0 - $0

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	03/2008	03/2008		$1,200	$100	100%					CUST 16 YR
BLDG MATRL	04/2008	11/2005	CREDIT		$0						ACCTCLOSED

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	2	$1,200	$100	100%					DBT: 0
Newly Reported	0								DBT:
Trade Lines Totals	2	$1,200	$100	100%					DBT: 0

Monthly Payment Trends

Payment Trends Analysis
NONCOMMERCIAL RESEARCH ORGANIZATN INDUSTRY SIC: 8733

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

$100

100%

MAR08

84%

6

0

$100

100%

FEB08

79%

12

15

$100

100%

JAN08

18%

14

0

$100

100%

DEC07

75%

12

14

$800

47%

39%

9%

5%

NOV07

79%

11

7

$400

74%

17%

9%

OCT07

76%

10

5

$100

65%

35%

Quarterly Payment Trends

Payment History - Quarterly Averages				Account Status Days Beyond Terms
Quarter	Months	DBT	Balance	Cur	1-30	31-60	61-90	91+
Q1 - 08	JAN-MAR	4	<$100	74%	26%
Q4 - 07	OCT-DEC	11	$400	57%	32%	8%	3%
Q3 - 07	JUL-SEP	6	$300	61%	39%
Q2 - 07	APR-JUN	5	$500	71%	28%	1%
Q1 - 07	JAN-MAR	10	$400	35%	64%	1%

Company Background Information

  Additional Company Background Information

Key Personnel

Principal(s):	HARDAT SINGH, PRESIDENT
	HADRAD SINGH, PRESIDENT

Operating Information

Primary SIC Code: NONCOMMERCIAL RESEARCH ORGANIZATN - 8733

Number of Employees: 7

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