MIRA INFORM REPORT
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Report No. : |
349464 |
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Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
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Name : |
SETCAN CORPORATION |
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Registered Office : |
1080 Kingsbury Avenue, Winnipeg, Manitoba R2P 1N5 |
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Country : |
Canada |
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Date of Incorporation : |
14.11.2004 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
· Subject provides the finest reality based training products and Instructor training certifications available to Officer Safety/Defensive Tactics/Use of Force/Instructor Trainers and Master Instructors in law enforcement, military, corrections and security agencies within North America and Europe. · Subject is also the worldwide exclusive distributor of the Shocknife, Blue Baton, DTS Tools, EyeLock Eye Tracking System, BattleField FX, and the StressVest. |
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No. of Employees : |
5 + Part Time |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Canada |
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 |
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, and electric power, and
a top source of US uranium imports. 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 early intervention by the Bank
of Canada and the financial sector's tradition of conservative lending
practices and strong capitalization. Canada achieved marginal growth in 2010-14
and plans to balance the budget by 2015 despite the recent drop in oil prices.
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 and is the world’s fifth-largest oil producer.
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Source
: CIA |
Company
Name and Summary
Company name: SETCAN CORPORATION
Address: 1080 Kingsbury Avenue, Winnipeg,
Manitoba R2P 1N5 - Canada
Telephone: +1
204-336-0011
Fax: +1 204-586-2049
Website: www.stressvest.com
Corporate ID#: 9130616
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: 04-13-2015
Date founded: 11-14-2004
Stock: -
Value: -
Name of manager: Rory
Duane BOCHINSKI
ACTIVITIES & OPERATIONS
History:
On 04-13-2015:
- STRESSVET, INC.
Federal Corporation incorporated on
06-30-2009
ID# 7199091
- SCHOCKNIFE INC.
Federal Corporation incorporated on
11-14-2004
ID# 6310087
- SETCAN CORPORATION
Federal Corporation incorporated on
08-01-2006
ID# 6593399
merged into:
SETCAN CORPORATION (the new
company)
Business:
Setcan Corporation provides the finest reality based training products
and Instructor training certifications available to Officer Safety/Defensive
Tactics/Use of Force/Instructor Trainers and Master Instructors in law
enforcement, military, corrections and security agencies within North America
and Europe. Setcan is also the worldwide exclusive distributor of the
Shocknife, Blue Baton, DTS Tools, EyeLock Eye Tracking System, BattleField FX,
and the StressVest.
No name of foreign suppliers available.
Staff: 5 + part time
Operations & branches:
At the headquarters, we
find the corporate office.
SHAREHOLDERS
& MANAGERS
Shareholders:
Rory Duane BOCHINSKI is a
major shareholder.
Management:
Rory Duane BOCHINSKI is the
President and Director.
Graduate from the
University of Manitoba in 1992 with a Bachelor of Commerce in Accounting and
Marketing.
He is also a Certified
General Accountant since 1997.
Jeffrey James QUAIL is Vice
President, Director and CEO
From 1989 to 2004, he was
Sergeant at the Winnipeg Police Service.
As far as we know, they are not involved in other local corporations.
Subsidiaries and
partnership:
None
FINANCIALS
In United States and Canada,
privately held corporations are not required to publish any financials.
On a direct call, nobody
accepted to answer our questions.
We sent a fax but no answer
received.
No financials available at
this time.
Banks: Scotia Bank
LEGAL
FILINGS
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None