Breached Contracts


Contract Number: 1079355796 issued on March 15, 2004, 8:03 am and became overdue for payment on March 20,2004

Company Name: IMPEX GROUP(USA), INC
Address: 42 E Half Hollow Road

City: Dix Hills, New York 11746
Contact: James Kim
Telephone: 631-491-5619
Fax: 631-595-1097
Email: Impexkhy@aol.com


Shipping to IMPEX GROUP(USA), INC located in Dix Hills, New York 11746

Client ordered 300000 MTW of our material code Iron ore-Brazil for 10 months at a price of $ 76.00 USD to be unloaded in Algeria - Annaba
Client currently owes $ 228,000,000 USD from March 20,2004 which is a full breech of contract on the initial amount of $ 22,800,000 due on March 20,2004
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: