MIRA INFORM REPORT

Report Date :

20.01.2011

IDENTIFICATION DETAILS

Correct Name :	DAGIAS INC (RED HOT)

Registered Office :	225 Broadway - New York, New York, 10007

Country :	United States

Date of Incorporation :	18.10.1984

Legal Form :	Corporation for Profit

Line of Business :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Unknown

Litigation :	Clear

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)

United States

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

GEOPOLITICS - UNITED STATES

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal

Economic Risk: Nil

Currency: USD

Branch Situation:Stable

IDENTIFICATION

Ordered as:	Dagia s Inc., D/B/A Red Hot
Address in the order:	301 Penhorn Avenue, No 6 Secauchs , NJ07094

Legal Name:	Dagias Inc (Red Hot)
Trade Name:	Red Hot Inc
Legal Address	225 Broadway - New York, New York, 10007 - USA (Registered Agent Address)
Operative Address	301 Penhorn Avenue # 6 - Secaucus, NJ 07094 - USA (Not verified)
Telephone:	(212) 768-7320	ID :	950976
Fax:	(212) 768-7320	Legal Form:	Corporation for Profit
Email:	NA	Registered in:	New York
Website:	NA	Date Created:	NA
Manager:	NA	Date Incorporated:	October, 18th. 1984
Staff:	NA	Stock:	200
		Value:	No par value
Activity:	NA

BUSINESS

PRINCIPAL ACTIVITY
	We found the company registered in the Secretary of State of New Jersey. Business Entity Name: DAGIA'S INC. Filing Number: 0100613024 Type code : FR (foreign / incorporated in New york) We found the company incorporated in the Secretary of State of New York. It was registered under the number 950976 and appears as active. Selected Entity Name: DAGIA'S INC. Selected Entity Status Information Current Entity Name: DAGIA'S INC. Initial DOS Filing Date: OCTOBER 18, 1984 County: NEW YORK Jurisdiction: NEW YORK Entity Type: DOMESTIC BUSINESS CORPORATION Current Entity Status: ACTIVE Selected Entity Address Information DOS Process (Address to which DOS will mail process if accepted on behalf of the entity) IRVING EDELMAN, ESQ. 225 BROADWAY NEW YORK, NEW YORK, 10007 Registered Agent NONE No listing with major credit bureaus. A search on the address provided, returned this telephone number: (201) 994-1155, which kept ringing with no answer. For the company provided, we also found this phone number : (201) 438-6669, but it was not in service. We were able to find the company through the following telephone number : (212) 768-7320. The person contacted confirmed that we had reached DAGIA'S INC (Red Hot), but she refused to provide us with any more information on grounds of confidentiality. We were not able to find a web page or other contact information for the address provided.
Final Opinion
	The company was found incorporated in the Secretary of State of New york. Despite our long searches, we were unable to find any more information on the subject. The person contacted refused to provide us with any information in order to purse our investigation. Therefore, we suggest caution and working with GUARANTEES

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.45.38
UK Pound	1	Rs.72.71
Euro	1	Rs.61.15

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

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.