Breached Contracts


Contract Number: 1077122889 issued on February 18, 2004, 11:48 am and became overdue for payment on March 22,2004

Company Name: AMERICAN SHANGHAI TRADING COMPANY
Address: 130 WEST HUNTINGTON DR,

City: CALIFORNIA,-91007
Contact: DAVID FENG
Telephone: 626-821-4231
Fax: 626-821-8233
Email:


Shipping to AMERICAN SHANGHAI TRADING COMPANY located in CALIFORNIA,-91007

Client ordered 46000 MTW of our material code 200 for 36 months at a price of $ 142.00 USD to be unloaded in China - Qingdao
Client currently owes $ 705,456,000.00 USD from March 22,2004 which is a full breech of contract on the initial amount of $ 19,596,000.00 due on March 22,2004
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: