Breached Contracts


Contract Number: 1119273412 issued on June 20, 2005, 9:16 am and became overdue for payment on June 25,2005

Company Name: EURO ASIATIC CARGO LOGISTICS INC
Address: 5TH FLOOR VICTORIA BUILDING
429 U N AVENUE ERMITA
City: MANILA PHILIPINES
Contact: MR TRUYEN DINH VAN
Telephone: 0084 908910986
Fax: 0084 9412631
Email: chansarin168@yahoo.com


Shipping to EURO ASIATIC CARGO LOGISTICS INC located in MANILA PHILIPINES

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 169.00 USD to be unloaded in China - Shanghai
Client currently owes $ 60,840,000.00 USD from June 25,2005 which is a full breech of contract on the initial amount of $ 5,070,000.00 due on June 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: