Breached Contracts

Contract Number: 1134622208 issued on December 14, 2005, 11:50 pm and became overdue for payment on December 19,2005

Company Name: Chilandgroup Beijing Chiland Feed Co LTD
Address: Room 2005 Block B
Huapu Gardon No 9 Dongzhimen South Street
City: Beijing China
Contact: Gao de Shun
Telephone: 86 10 84094466
Fax: 86 10 84094848

Shipping to Chilandgroup Beijing Chiland Feed Co LTD located in Beijing China

Client ordered 60000 MTW of our material code 50-65 for 12 months at a price of $ 151.00 USD to be unloaded in China - Shanghai
Client currently owes $ 108,720,000 USD from December 19,2005 which is a full breech of contract on the initial amount of $ 9,060,000 due on December 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: