Breached Contracts

Contract Number: 1127066189 issued on September 18, 2005, 1:56 pm and became overdue for payment on September 25,2005

Company Name: Kelesa Trading Limited
Address: 35 Theklas Lysiotis St Eagle Star Hous
6th floor
City: Limasol Cyprus 3030
Contact: Oskar Kopita
Telephone: +357 25363685
Fax: +357 25363683
Email: kelesa@kyprianou com cy

Shipping to Kelesa Trading Limited located in Limasol Cyprus 3030

Client ordered 180000 MTW of our material code 200-206 for 12 months at a price of $ 146.00 USD to be unloaded in China - Shanghai
Client currently owes $ 315,360,000 USD from September 25,2005 which is a full breech of contract on the initial amount of $ 26,280,000 due on September 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: