Breached Contracts

Contract Number: 1146758474 issued on May 4, 2006, 12:01 pm and became overdue for payment on May 28,2006

Company Name: Cong Ty Tnhh Viet Hong - Viet Hong Co Ltd
Address: 58 Tran Nhan Tong Str
Hai Ba Trung Dist
City: Ha Noi Viet Nam
Contact: Mr Bui Le Huy
Telephone: 84 4 822 9106
Fax: 84 4 8228204

Shipping to Cong Ty Tnhh Viet Hong - Viet Hong Co Ltd located in Ha Noi Viet Nam

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 175.00 USD to be unloaded in Vietnam - Haiphong
Client currently owes $ 63,000,000 USD from May 28,2006 which is a full breech of contract on the initial amount of $ 5,250,000 due on May 28,2006
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: