Breached Contracts

Contract Number: 1103156470 issued on December 15, 2004, 7:21 pm and became overdue for payment on December 20,2004

Company Name: Inner Mongolia jinliyuan Precious Metal Co LTD
Address: 86 Six Floor West Xingcheng Huhhot
Inner Mongolia
City: China
Contact: Guo Fu Gang
Telephone: 86 471 6980901
Fax: 86 471 6980901
Email: To be provided

Shipping to Inner Mongolia jinliyuan Precious Metal Co LTD located in China

Client ordered 150000 MTW of our material code 50-65 for 12 months at a price of $ 182.00 USD to be unloaded in China - Shanghai
Client currently owes $ 327,600,000 USD from December 20,2004 which is a full breech of contract on the initial amount of $ 27,300,000 due on December 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: