Breached Contracts

Contract Number: 1080230263 issued on March 25, 2004, 10:57 am and became overdue for payment on April 01,2004

Company Name: Fortune Point Holding LTD
Address: Flat 501 Wellington Plaza
56-56 Wellington STR Center
City: Hong Kong
Contact: Mr. Al-Horani, Jebreel
Telephone: +8675582170833
Fax: +8675582175433

Shipping to Fortune Point Holding located in Hong Kong

Client ordered 500000 MTW of our material code 200-206 for 12 months at a price of $ 137.00 USD to be unloaded in Any Chinese Open Port
Client currently owes $ 822,000,000.00 USD from April 01,2004 which is a full breech of contract on the initial amount of $ 68,500,000.00 due on April 01,2004
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: