Breached Contracts

Contract Number: 1148932545 issued on May 29, 2006, 3:55 pm and became overdue for payment on June 03,2006

Company Name: Wenzhou M C Foreign Trade Co LTD
Address: 25 26F International Trade Center
8 Linming West Road
City: Wenzhou Znejiang China
Contact: Sunna Huang
Telephone: 86 577 88862981
Fax: 86 577 88862902
Email: To be provided

Shipping to Wenzhou M C Foreign Trade Co LTD located in Wenzhou Znejiang China

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 208.00 USD to be unloaded in China - Shanghai
Client currently owes $ 74,880,000 USD from June 03,2006 which is a full breech of contract on the initial amount of $ 6,240,000 due on June 03,2006
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: