Breached Contracts

Contract Number: 1107079628 issued on January 30, 2005, 5:07 am and became overdue for payment on February 27,2005

Company Name: Yazhou International Economy & Trade
Address: Room 612 6/F Wuhan International Trade c

City: Wuhan China
Contact: Liu Shengwei
Telephone: +86 27 85725651
Fax: +86 27 85725762
Email: yazhou1979@163 com

Shipping to Yazhou International Economy & Trade located in Wuhan China

Client ordered 30000 MTW of our material code 50-65 for 1 months at a price of $ 190.00 USD to be unloaded in China - Zhangjiagang
Client currently owes $ 5,700,000 USD from February 27,2005 which is a full breech of contract on the initial amount of $ 5,700,000 due on February 27,2005
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: