Original case file
ENHANCED DUE DILIGENCE — CLOSING MEMORANDUM
Subject: Ellsworth Trading Company LLC
Formation: Nevada limited liability company, incorporated 5 September 2023.
Principal place of business: 3773 Howard Hughes Pkwy, Suite 500, Las Vegas, NV 89169.
Registered agent: Meridian Corporate Agents LLC, 2810 W Charleston Blvd, Ste 84,
Las Vegas, NV 89102.
Beneficial ownership: Rosalind M. Ferrer (100%). Contact number on file: 702.555.0148.
Identity verified against a Nevada identification card. No adverse media returned.
Business activity: General merchandise trading — the entity purchases surplus and closeout
inventory from regional distributors and resells it to discount retail chains.
Expected activity: 10-25 monthly inbound settlements averaging $18,000 from a small set of
retail buyers, with corresponding supplier payments. Observed activity is within the stated
range. Purchase orders for three months were obtained and reconciled against outgoing ACH.
Analyst note: Inventory is held on consignment at a third-party warehouse; the warehouse
agreement was provided.
Disposition: CLEARED. Annual review given entity age.