MIRA INFORM REPORT

Report Date :

05.01.2011

IDENTIFICATION DETAILS

Name :	EXPERTISE TUNISO CANADIENNE D IMPORT EXPORT INC

Registered Office :	Suite N 3-5685 Rue Dudemaine H4J1P2 Montreal

Country :	Canada

Date of Incorporation :	02.12.2009

Legal Form :	Corporation for Profit

Line of Business :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Undetermined

Payment Behaviour :	Unknown

Litigation :	----

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 30, 2010

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

Canada

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

GEOPOLITICS - CANADA

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal

Economic Risk: Nil

Currency: USD

Branch Situation: Unknown

IDENTIFICATION

Ordered as:	Expertise Tuniso-Canadienne Import Export Inc
Address in the order:	Suite N 3-5685 Rue Dudemaine H4J1P2 Montreal

Legal Name:	EXPERTISE TUNISO CANADIENNE D IMPORT EXPORT INC

Legal Address	Suite N 3-5685 Rue Dudemaine H4J1P2 Montreal (not verified)

Telephone:	5143313186	ID :	728863-8
Fax:	5143318182	Legal Form:	Corporation for Profit
Email:	NA	Registered in:	Canada
Website:	NA	Date Created:	-
Manager:	NA	Date Incorporated:	December 02, 2009
Staff:	NA	Stock:	NA
		Value:	NA
Activity:	NA

BANKS

Name of the Bank

Desjardins (provided by client)

BUSINESS

PRINCIPAL ACTIVITY

Dear client,

Your order was on:

Expertise Tuniso-Canadienne Import Export Inc

Suite N 3-5685 Rue Dudemaine H4J1P2 Montreal

We found a company called EXPERTISE TUNISO CANADIENNE D IMPORT EXPORT INC incorporated in Canada with ID number 728863-8.

However, there is no listing of EXPERTISE TUNISO CANADIENNE D IMPORT EXPORT INC as being an active business in Canada.

No listing with the yellow pages.

No listing with major credit bureaus.

No listing with the Canada Chamber of Commerce.

Our agent tried to contact several times in different days the phone number provided "001-5143313186" but nobody answered our calls. We did not find another phone number belonging to the company.

We have found the company Expertise Tuniso-Canadienne d'Import Export Inc listed in the Federal Produce Licensee List, with license number 7299. However, we did not find further information.

We could not contact the company.

The information of the bank provided, Desjardins, could not be verified as the bank is not allowed to reveal any information on their clients. We have called the bank to the phone number “514-253-7392” but they refused to provide any information.

Rating

Local credit bureau did not rate this company.

Final Opinion

For the company requested, we tried to contact the phone number you provided several times in different days but nobody answered our calls. Despite our long searches, we could not locate the subject.

Please provide us with further information in order to pursue the investigation.

SUMMARY

FINANCIAL SUMMARY		DEBT COLLECTIONS AND PAYMENTS
Profitability	N.A.	Public	NO
Indebtedness	N.A.	Payments	N.A.
Cash	N.A.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.84
UK Pound	1	Rs.69.32
Euro	1	Rs.59.79

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	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
----	NB	New Business	----

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