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Report Date : |
24.03.2012 |
IDENTIFICATION DETAILS
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Name : |
OPTEL VISION INC. |
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Registered Office : |
2680, Boul. Du Parc Technologique Québec (Québec) G1p4s6 |
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Country : |
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Year of Establishment : |
1992 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Manufacture of IT and peripheral material |
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No. of Employees : |
50 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 150,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GEOPOLITICS –
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
IDENTIFICATION
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Legal Name: |
OPTEL VISION INC. |
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Trade Name: |
OPTEL VISION |
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Legal Address |
2680, BOUL. DU PARC TECHNOLOGIQUE QUÉBEC (QUÉBEC) G1P4S6 |
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Telephone: |
1-866-688-0334 / (418) 688-0334 |
ID : |
1142381830 |
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Fax: |
418-688-9397 |
Legal Form: |
Corporation for Profit |
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Email: |
info@optelvision.com |
Registered in: |
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Website: |
http://www.optelvision.com |
Date Created: |
1992 |
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Manager: |
JEAN-FRANCOIS LAFORTUNE,
Vice-president |
Date Incorporated: |
February 07th 1995 |
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Staff: |
50 |
Stock: |
N.A. |
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SIC Code : |
334110 |
Value: |
N.A. |
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Activity: |
Manufacture of IT and peripheral material |
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BANKS
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Name of the Bank |
ROYAL BANK OF |
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BUSINESS
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HISTORY |
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The company was stablished in |
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PRINCIPAL ACTIVITY |
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Optel Vision´s
principal activities are: Pharmaceutical and nutraceutical industries
by implementing Vision Inspection and Serialization solutions. Also Optel Vision, Inc. develops and manufactures vision
inspection systems for pharmaceuticals, nutraceuticals,
and cosmetics industries. It offers code, blister content, and
anti-counterfeiting and tamper evident verification tools, as well as
product, component, and label verification tools. |
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Products/Services description: |
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-Pharmaproof -Tabletproof -Countsafe -BlisterSafe -DoseSafe -VialSafe -LabelProof -PackSafe -Above and Beyond - Optical inspection |
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Sales are: |
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Wholesale |
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Clients: |
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Companies who need product verifications. |
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Operations area: |
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National, International |
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The company imports from |
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The company exports to |
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The subject employs 50 employees |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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2680, BOUL. DU PARC TECHNOLOGIQUE QUÉBEC (QUÉBEC) G1P4S6 |
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Comments on location: |
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The company has the following sales representatives: - -Europe - -Asia - |
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Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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ROY, LOUIS (Firt Shareholder) 1365 av. des Grands-Pins Québec (Québec)
G1S4J4 Canada LAFORTUNE, JEAN-FRANÇOIS (Second Shareholder) 1332 rue Touzeau Québec (Québec) G1Y2Z4
Canada |
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Management: |
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Michelle Kinney Marketing JEAN-FRANCOIS LAFORTUNE Vice-president Louis Roy President Chris Stern Sales Director |
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Related Companies: |
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Modular Packaging Systems, Inc. AESUS 514-694-3439 NMJ Packaging 03766-1403 SAGE ENGINEERING SERVICES LTD Unit 20 L6L 2X4 ACCRAPLY 3580 Holly Lane North Plymouth, MN 55447-1269 United States Toll-Free +1 (800) 328-3997 |
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Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not publish any financial
statements. |
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We have contacted the reception and the person who answered refused to
provide us any financial data on grounds of confidentiality. |
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However our financial sources could provide us with the following
data. Those figures are estimates provided by confidential banking and financial
institutions working with the company. |
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Currency |
DATE |
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USD |
2010 |
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Turnover |
9,000,000 |
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The cash flow is |
NORMAL |
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Legal Fillings |
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The sources consulted record no
detrimental legal or labor court information. |
Rating
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Local credit bureau gave a Correct credit rate. The company is in Good Standing. This means that all local and federal
taxes were paid on due date. |
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Final Opinion |
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-The company has over 15 years of experience in the market. -The company export and import. -The company has international coverage, with representative offices
in Uk and India. -The company has a good production structure. -A credit line may be considered for USD 150,000 |
SUMMARY
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
CONTROLLED |
Payments |
REGULAR |
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Cash |
NORMAL |
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APPENDIX
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Comments |
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We have contacted the reception and the person who answered refused to
provide us information on grounds of confidentiality. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.90 |
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1 |
Rs.80.77 |
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Euro |
1 |
Rs.67.40 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.