MIRA INFORM REPORT

Report Date :

19.12.2014

IDENTIFICATION DETAILS

Name :	PREMIER TECH TECHNOLOGIES LIMITED
Formerly Known As :	PREMIER TECH AQUA
Registered Office :	1 Avenue Premier, Riviere-du-Loup, Quebec G5R 6C1
Country :	Canada
Date of Incorporation :	10.02.10989
Legal Form :	Federal Corporation – Profit
Line of Business :	Subject is an international leader in the field of onsite and decentralized wastewater treatment, rainwater harvesting, as well as rotomoulding and mould design technologies for the residential, commercial, community and industrial sectors.
No. of Employees :	750

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

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, 2014

Country Name	Previous Rating (30.06.2014)	Current Rating (30.09.2014)
Canada	A1	A1

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

CANADA - ECONOMIC OVERVIEW

As a high-tech industrial society in the trillion-dollar class, Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase in trade and economic integration with the US, its principal trading partner. Canada enjoys a substantial trade surplus with the US, which absorbs about three-fourths of Canadian merchandise exports each year. Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power. Given its abundant natural resources, highly skilled labor force, and modern capital plant, Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010-13 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly expanding, because Alberta's oil sands significantly boosted Canada's proven oil reserves. Canada now ranks third in the world in proved oil reserves behind Saudi Arabia and Venezuela.

Source : CIA

Company Name and address

Your order on: PREMIER TECH AQUA

This is a business name owned by:

Company name: PREMIER TECH TECHNOLOGIES LIMITEE (in French)

PREMIER TECH TECHNOLOGIES LIMITED (in English)

Address: 1 Avenue Premier, Riviere-du-Loup, Quebec G5R 6C1 - Canada

Telephone: +1 418-867-8883

Fax: +1 418-862-6642

Website: www.premiertechaqua.com

Company Summary

Corporate ID#: 2441403

State: Federal

Judicial form: Federal Corporation – Profit

Date incorporated: February 10, 1989

Stock: -

Value: -

Name of manager: Jean BELANGER

ACTIVITIES & OPERATIONS

IST

Business:

Premier Tech Technologies, known as Premier Tech Aqua, is an international leader in the field of onsite and decentralized wastewater treatment, rainwater harvesting, as well as rotomoulding and mould design technologies for the residential, commercial, community and industrial sectors.

Premier Tech Aqua offers ecological solutions with proven quality, performance and reliability.

With more than 70,000 installations, each coupled with a rigorous inspection, maintenance and documented follow-up provided by an extensive network of partners, PTA is undoubtedly one of the leaders in its industry.

The first one Tech Aqua possesses the most important team in Innovation, Research and development in the field of the purification autonomous and decentralized to the world.

- Over 70,000 Ecoflo® Biofilter installations
- Over 120,000 peripheral products sold
- Over 1,200 commercial, community, institutional, municipal and industrial

installations
- Location, inspection, maintenance, and follow-up for each installation
- More than 2,500 partners
- Team of 25 experts dedicated to IR&D
- Presence in North America, Europe and Asia
- Performance beyond regulatory requirements

The Company exports worldwide.

The Company is using several business names including:

- PREMIER TECH AQUA

- LES EQUIPEMENTS TARDIF

- PREMIER TECH BIOTECHNOLOGIES

Staff: 750

Operations & branches:

At the headquarters, we find a large factory, warehouse and office.

The Company maintains several branches in Canada, including:

1642 Rue de la Ferme

Sainte Anne de la Pocatiere, Quebec

201-1160 Rue Levis (not 1153)

Terrebonne, Quebec

1835 Rue Power

Drummondville, Quebec

595 Rue Frenette

Joliette, Quebec and others.

SHAREHOLDERS & MANAGERS

Shareholders:

PREMIER TECH LTEE

1 Avenue Premier, Riviere-du-Loup, Quebec G5R 6C1

Management:

Jean BELANGER is the President

He serves as the President and Chief Operating Officer of Premier Tech Ltd. Mr. Bélanger has been Director of Premier Tech Ltd., since November 29, 1993.

Bernard BELANGER serves as Chairman of the Board and Chief Executive Officer of Premier Tech Ltd.

He founded Les Tourbières du Saint-Laurent in Rivière-du-Loup in 1963.

He served as an Acting Corporate President of Premier Horticulture.

Mr. Bélanger has been Director of Premier Tech Ltd., since December 24, 1985.

Henri OUELLET is the General Manager

Subsidiaries and partnership: None

FINANCIALS

In Canada, privately held corporations are not required to publish any financials.

On a direct call, a financial assistant controlled the present report.

Sales declared for year 2013 is in the range of CAD 30,000,000+

The business is profitable.

Banks: Banque de Montreal

LEGAL FILINGS

Legal filings & complaints:

As of today date, there is no legal filing pending with the Courts.

Secured debts summary:

None

COMPANY CREDIT HISTORY

Trade references:

Date reported: November 2014

High credit: CAD 80,000

Now owing: 0

Past due: 0

Last purchase: October 2014

Line of business: Office supply

Paying status: On terms

Date reported: November 2014

High credit: CAD 1,000,000

Now owing: 0

Past due: 0

Last purchase: October 2014

Line of business: Payroll

Paying status: As agreed

Date reported: November 2014

High credit: CAD 3,000

Now owing: 0

Past due: 0

Last purchase: October 2014

Line of business: Telecommunications

Paying status: On terms

Domestic credit history:

National Credit Bureaus gave a satisfying credit rating.

According to our credit analysts, during the last 6 months, domestic payments were made on due date.

Other comments:

The Company is developing a strong business.

The bank confirmed a regular account.

The Company is in good standing.

This means that all local and federal taxes were paid on due date.

Last report was filed on March 12, 2014.

The risk is low.

Our opinion

A business connection may be conducted.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.32
UK Pound	1	Rs.98.68
Euro	1	Rs.78.11

INFORMATION DETAILS

Analysis Done by :	KAR
Report Prepared by :	NIT

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

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