Breached Contracts

Contract Number: 1108943707 issued on February 20, 2005, 6:55 pm and became overdue for payment on February 25,2005

Company Name: Gel Sciences Inc
Address: 44364 S Grimmer Blvd

City: Fremont CA 94538
Contact: Togen Dhanik
Telephone: 1-510-551-4988
Fax: 1-510-886-6775
Email: ydhanik23@comcast net

Shipping to Gel Sciences Inc located in Fremont CA 94538

Client ordered 30000 MTW of our material code 200-206 for 12 months at a price of $ 152.00 USD to be unloaded in India - Bombay
Client currently owes $ 54,720,000 USD from February 25,2005 which is a full breech of contract on the initial amount of $ 4,560,000 due on February 25,2005
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: