Breached Contracts


Contract Number: 1105101281 issued on January 7, 2005, 7:34 am and became overdue for payment on April 19,2005

Company Name: GUANGDONG SHANTOU SANTONG GROUP COMPANY
Address: 9 FLOOR CONSTRUCTION BLDG YINGBIN RD SHA

City: GUANGDONG CHINA
Contact: ZHANG SONG-HE
Telephone: 867548261396
Fax: 867548262273
Email: st3tong@yahoo com cn


Shipping to SHANTOU SANTONG GROUP COMPANY GUANGDONG CHINA located in GUANGDONG CHINA

Client ordered 300000 MTW of our material code 50-65 for 12 months at a price of $ 149.00 USD to be unloaded in China - TO BE ADVISE
Client currently owes $ 536,400,000.00 USD from April 19,2005 which is a full breech of contract on the initial amount of $ 44,700,000.00 due on April 19,2005
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: