Breached Contracts


Contract Number: 1084181703 issued on May 10, 2004, 5:35 am and became overdue for payment on September 05,2004

Company Name: TIRA ENERGY AG. (H.K.Y.P.) LTD.
Address: UNIT 103 No. 103, TIAN LONG St,
LONG KON Rd. TIAMBE,
City: GUANGZHOU, CHINA
Contact: JEFF YANG, JORGE MORENO
Telephone: + 86 20 87542963
Fax: + 86 20 87579217
Email: jeffyang126@126.com


Shipping to TIRA ENERGY AG. (H.K.Y.P.) LTD. located in GUANGZHOU, CHINA

Client ordered 170000 MTW of our material code 200-206 for 12 months at a price of $ 158.00 USD to be unloaded in China - GUANGZHOU
Client currently owes $ 322,320,000 USD from September 05,2004 which is a full breech of contract on the initial amount of $ 26,860,000 due on September 05,2004
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: