Breached Contracts

Contract Number: 1098842412 issued on October 26, 2004, 10:00 pm and became overdue for payment on October 31,2004

Company Name: Dalian Jin Iron Coke Import and Export Co LTD
Address: To Be Provided

City: China
Contact: Sun Jian Bo
Telephone: 86 10 65212533
Fax: 86 10 65595937

Shipping to Dalian Jin-Ron Coke Import and Export Co. LTD located in China

Client ordered 200000 MTW of our material code 50-65 for 12 months at a price of $ 181.00 USD to be unloaded in China - Shanghai
Client currently owes $ 434,400,000 USD from October 31,2004 which is a full breech of contract on the initial amount of $ 36,200,000 due on October 31,2004
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: