Breached Contracts

Contract Number: 1139159444 issued on February 5, 2006, 12:10 pm and became overdue for payment on February 10,2006

Company Name: Colgroup International Pty Ltd
Address: 44 Montebello Drive

City: Mount Gambier South Australia 5290
Contact: Ken Gibbett
Telephone: 61 8 87255639
Fax: 61 8 87232450

Shipping to Colgroup International Pty Ltd located in Bangladesh

Client ordered 50000 MTW of our material code Urea N46 Prilled for 2 months at a price of $ 123.00 USD to be unloaded in Bangladesh - Chittagong
Client currently owes $ 12,300,000.00 USD from February 10,2006 which is a full breech of contract on the initial amount of $ 6,150,000.00 due on February 10,2006
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: