Breached Contracts

Contract Number: 1077684340 issued on February 24, 2004, 11:45 pm and became overdue for payment on March 21,2004

Company Name: International Fortune H.K. Holdings Limited
Address: Room 1705-06 17/F Convention Plaza Offic

City: Wanchai, Hong Kong 201100
Contact: Allen, Apple Yan
Telephone: 00852-61821826
Fax: 0086-21-64878414

Shipping to International Fortune H.K. Holdings Limited located in Liao Ning province, China

Client ordered 200000 MTW of our material code 200-206 for 12 months at a price of $ 135.00 USD to be unloaded in China - Shanghai
Client currently owes $ 324,000,000.00 USD from March 21,2004 which is a full breech of contract on the initial amount of $ 7,000,000.00 due on March 21,2004
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: