Breached Contracts


Contract Number: 1104361821 issued on December 29, 2004, 6:10 pm and became overdue for payment on January 15,2005

Company Name: Thorkatla Limited and Global Commex Ltd
Address: 72 New Bond Street
London SX1X 9HD
City: United Kingdom
Contact: Mr Franz A Forrester-Kevin Wheeler
Telephone: 44 207 834 6597
Fax: 33 1 5301 6718
Email: franz@thorkatla.com


Shipping to Thorkatla Limited and Global Commex Ltd located in United Kingdom

Client ordered 750000 MTW of our material code 50-65 for 1 months at a price of $ 174.00 USD to be unloaded in China - Shanghai
Client currently owes $ 130,500,000 USD from January 15,2005 which is a full breech of contract on the initial amount of $ 130,500,000 due on January 15,2005
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: