CRIBIS US REPORT

2-15-2007

Content highlighted in yellow is unique in credit reports and it is specially provided by Cribis Corp.

Payment Comments: Satisfactory

Limited amount of credit history (however payments were within terms). Because cash flow is restricted and limited credit history risk is moderate to high.

Risk Score	60 Moderate-High
Risk Range	0 to 100
$ Guideline	$1,980

The Risk Score is generated by a rules-based scoring model that accounts for payment habits, financial statements, public records, derogatory information, years in business and other indicators and then is applied to the highest credit to determine the $ Guideline.

FEIN:	13-477-2270
Company Name:	EDWARDS, LLC
Tradestyles:
Address1:	5687 GRIGNANI RD
Address2:
City:	CHAPPELL
State:	MI
ZIP:	48601

Phone:	989-555-1212
Fax:	989-555-5555

Sales:	Projected Sales for 2007 $150,000,000
Net Income:
# of Customers
Year Founded:	March 9, 2000
# Employees-here	4
# Employees-total

Legal Form:

Limited Liability Corporation

URL(s)

www.edwardsllc.com

NOTES: On February 15, 2006, S. Perakis, CEO, confirmed line of business, location, employee number as listed. She provided a financial statement dated December 31, 2006.

Business

Mfg men’s and boy’s clothing, nec and mfg women’s, misses’, and juniors’ outwear nec

SIC

2329 Men's and Boys' Clothing, nec; 2339 Women's, Misses', and Juniors' Outerwear, nec

NAICS

315299, 315299

Credit Summary
Lowest 6 Month Balance:	$400
Highest 6 Month Balance:	$3100
Current Total Account Balance:	$3100
Highest Credit Amount Extended:	$3200
Median Credit Amount Extended:	$1650

Payments
Business Category	Date Reported	Last Sale	Payment Terms	Recent High Credit	Balance	Current	1-30 days	31-60 days	61-90 days	91+days	Comments
+ COMPUTERS	11-2006	N/A	0000000	3200	3100	100%	0%	0%	0%	0%
PACKAGING	11-2006	N/A	NET 30	100	0	0%	0%	0%	0%	0%	CUST 7 YR

Additional Payment Experience

No payment data in system

Payment Totals
	Recent High Credit	Balance $	Current	1-30	31-60	61-90	91+	Comments
Continuously Reported (2)	3300	3100	100%	0%	0%	0%	0%	DBT: 0
Newly Reported (0)	0	0	0%	0%	0%	0%	0%	DBT: 0
Tradeline Totals (2)	3300	3100	0%	0%	0%	0%	0%	DBT: 0

Payment Trends
	INUDSTRY - Balance $	Current	DBT	BUSINESS - DBT	Balance $	Current	1-30	31-60	61-90	91+
As Of 11-2006	26626	80%	5	0	3000	100%	0%	0%	0%	0%
10-2006	24957	80%	5	0	3100	100%	0%	0%	0%	0%
09-2006	19014	80%	5	0	1100	100%	0%	0%	0%	0%
08-2006	25132	61%	10	0	1100	100%	0%	0%	0%	0%
07-2006	26759	65%	10	0	1100	100%	0%	0%	0%	0%
06-2006	20718	78%	6	0	400	100%	0%	0%	0%	0%

Payment History – Quarterly Averages
	DBT	Balance $	Current	1-30	31-60	61-90	90+
3RD-Q-2006 (JUL-SEP)	0	1800	100%	0%	0%	0%	0%
2ND-Q-2006 (APR-JUN)	0	600	100%	0%	0%	0%	0%
1ST-Q-2006 (JAN-MAR)	0	0	0%	0%	0%	0%	0%
4TH-Q-2005 (OCT-DEC)	0	0	0%	0%	0%	0%	0%
3RD-Q-2005 (JUL-SEP)	0	0	0%	0%	0%	0%	0%

Collections

No Collections on record

Public Records

Business Registration

None Found

Corporation Filings

Searched for: EDWARDS, LLC.
ID Num: 24746A
Entity Name: EDWARDS, LLC.
Type of Entity: Domestic Profit Corporation
Resident Agent: Bob Schmitt
Registered Office Address: 2419 MACKINAW SAGINAW MI 48602
Mailing Address: MI
Formed Under Act Number(s): 284-1972
Incorporation/Qualification Date: 3-9-2000
Jurisdiction of Origin: MICHIGAN
Number of Shares: 60,000
Year of Most Recent Annual Report:
Year of Most Recent Annual Report With Officers & Directors:
Status: AUTOMATIC DISSOLUTION Date: 7-15-2003

Liens & Judgments

No Judgments on record

UCC

Date

Filing Number

Jurisdiction

Secured Party

Activity

Collateral

21-12-2004

20042555555

SEC OF STATE MICHIGAN

1ST STATE BANK MI SAGINAW 48604 4805 TOWNE CENTER BLVD

filed

equip,

inventory,

after acquired prop,

undefined,

Bankruptcy

No Bankruptcy on record

Know your customer
Denied Persons List (BIS-DCO)	<This list was searched using the names of the company and its principals on 2/15/07 and no matches were found >
Unverified List (BIS-DOC)	<This list was searched using the names of the company and its principals on 2/15/07 and no matches were found >
Entity List (BIS-DOC)	<This list was searched using the names of the company and its principals on 2/15/07 and no matches were found >
Specially Designated Nationals (OFAC)	<This list was searched using the names of the company and its principals on 2/15/07 and no matches were found >
Debarred List (DOD)	<This list was searched using the names of the company and its principals on 2/15/07 and no matches were found >

Location ownership

CurrentOwnership:
    ParcelNumber-12-4203-065-0110
    Book-023514
    NameOwner1-OAK HILLS INVESTMENT CORP
    Address-4100 SALTON RD, MIAMI BEACH FL 33139-6702
    Owner'sAddress - 18819 WIMBLEDON CIR 1150,L UTZ FL 33134-4542
    LandUsage-CONDOMINIUM(RESIDENTIAL)
    BuildingSize-0
    SaleDate-06/17/2005
    SalePrice-$735,000
NameSeller1-R A SCHMITT
    Data Source - A

Year Ending Dec. 31, 2006

Balance Sheet

Assets
Cash	$1,253.67
Accounts Receivable	0
Inventory	$10,000.00
Total Current Assets	$11,253.67

Fixtures & Equip	$
Other Assets	$

Total Assets	$11,253.67

Liabilities
Accounts Payable	$16,000.00
Curr. portion L/T debt	$

Total Curr. Debt	$16,000.00

LT Debt (Note Payable)	$35,870.07
Other Liab.	$
Net Worth	$(40,616.40)
Total Liab./NW	$11,253.67

Year Ending Dec. 31, 2006 Income Statement
Sales	$141,618 .00
Cost of goods sold	$83,255.00
Gross Profit	$58,363.00
Advertising	$2,206.00
Auto expense	$640.00
Other expenses	$29,213.00
Payroll	$6,522.00
Total Expenses	$38,579.00
Net Income	$19,784.00

History

Company incorporated on March 9, 2000.

According to Ms. Perakis the company started in November 1998.

Operations

Manufactures Athletic Protective Undergarments

Management

S. Perakis, CEO Born in 1954, graduated from Harvard University in 1977. Employed by Haines from 1978 to 1998 when she began Edwards LLC

NEWS – Up to 3 most current articles

Title	Local Firm Lands Deal
Source	Michigan Daily News
Publication Date	January 25, 2007
Edwards, LLC landed a large deal to distribute their new clothing line through Target stores beginning with the Spring 2008 line. S. Perakis, CEO of Edwards, LLC stated “This is the deal that we have been working for since we began business. We’ve got a lot of work ahead and will be increasing our staff to approx. 50 before the end of the year.”>

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