MIRA INFORM REPORT

Report Date :

23.08.2014

IDENTIFICATION DETAILS

Name :	VINCENT INVESTMENT INC
Registered Office :	P.O Box 556 Main Street Charlestown
Country :	Nevis
Date of Incorporation :	2003
Legal Form :	International Business Company
Line of Business :	Offshore Company
No of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Offshore Company
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.

REGISTERED NAME & COMPANY SUMMARY

IDENTIFICATION
Ordered as:	VINCENT INVESTMENT INC
Address in the order:	P.O BOX 556 MAIN STREET CHARLESTOWN NEVIS
Legal Name:	Vincente Investments Inc
Legal Address	Hunkins Plaza Main Street.
Postal Town	Charlestown
Post Code	N.A.
Primary Geographic Area	Nevis
Country	KN
Mailing Address	P.O. Box 556 Charlestown, Nevis, West Indies.
Telephone:	+1( 869) 469-1817 (Registered agent)	Registration Number:	N.A.
Fax:	+1 (869) 469-1794 (Registered agent)	Legal Form:	International Business Company
Email:	N.A.	Registered in:	KN
Website:	N.A.	Date Created:	2003
MANAGERS:	N.A.	Date Incorporated:	N.A.

DIRECTORS/MANAGEMENT

Management:
	It is locally managed by the registered agent mentioned above.

NEGATIVE INFORMATION

Legal Fillings

The sources consulted record no detrimental legal or labor court information.

SHARE & SHARE CAPITAL INFORMATION

Shareholders Parent Company(ies):
	The subject is owned by foreign shareholders.

GROUP STRUCTURE & AFFILIATED COMPANIES

N/A

FINANCIAL INFORMATION

FINANCIALS - COMMERCIAL TRENDS AND FORECAST
The subject company is registered as an International business company / offshore company in ST. KITTS AND NEVIS and is therefore exempt from filing and / or publishing annual audited accounts at the registrar of companies, under ST. KITTS AND NEVIS law. In addition, due to the laws of privacy governing disclosure of BANKING INFORMATION, we are unable to demand a copy of the subject's latest financial statements.
We have contacted a male representative who refused to provide us any financial data without knowing the name of the inquiring party.
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.
Currency	DATE
USD	2012
Turnover	0
Operating Income	3 100 000
Net Income	3 100 000
Net worth	14 600 000
Bank liabilities	0
The cash flow is	Good

Comments on the financial data: The figures had not been disclosed by the company. They were conciliated with our private sources and from a particular analysis of the company’s structure.

FINANCIAL SUMMARY
Profitability	CORRECT
Indebtedness	NIL
Cash	NORMAL

FOREIGN EXCHANGE RATES

N/a

ADDITIONAL INFORMATION

Staff:	0	Stock:	N.A.
		Value:	N.A.
Activity:	Offshore company.

BANKS
Name of the Bank	Scotia Bank
Comments	This information has not been confirmed by the company.
BUSINESS PRINCIPAL ACTIVITY
	Vincente Investments Inc is an international business company / offshore company incorporated in ST. KITTS AND NEVIS for tax purposes. However the company does not carry any operation in ST. KITTS AND NEVIS. It is not registered with the ST. KITTS AND NEVIS chamber of commerce as being an active business. It is not listed with the ST. KITTS AND NEVIS yellow pages. It is not listed with the major local credit bureaus. The company does not have any employee in ST. KITTS AND NEVIS. It uses the registered agent staff.
Trade References:
	In virtue of the nature of its business activities its local transactions are seldom. Therefore, commercial sources consulted in the marketplace report that they are unable to establish subject's payment performance and general reputation regarding commitments contracted as same it is UNKNOWN as making use of credit facilities.

COMMENTS ON LOCATION:
	The address mentioned above is that of the registered agent: Morning Star Holdings Limited Hunkins Plaza Main Street Suite 556 Charlestown, Nevis, West Indies. Phone: +1 (869) 469-1817 Fax: +1 (869) 469-1794 adavid@morningstarnevis.com www.morningstarnev.com The agent declined to give any information on the subject, who is protected by the law of non disclosure.

NOTES & COMMENTS

Person Interviewed
	Aisha David
Position
	Representative from Morning Star Holdings Limited
Comments
	The person contacted was unwilling to cooperate with the interview; She had us send a request by e mail to adavid@morningstarnevis.com but no one replied to us yet.

Final Opinion

The cash flow is normal. We are reporting an offshore company which belongs to foreign shareholders. Although it is registered in ST. KITTS AND NEVIS, it uses such territory only as its legal and administrative address, but all its operations are carried out abroad. It is managed by a resident registration agent and it is unknown in the marketplace, so its commercial morality and general reputation cannot be assessed, although nothing detrimental is noted upon request.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.77
UK Pound	1	Rs.100.72
Euro	1	Rs.80.55

INFORMATION DETAILS

Analysis Done by :	SUB
Report Prepared by :	TPT

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%)

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