Breached Contracts

Contract Number: 1157394605 issued on September 4, 2006, 2:30 pm and became overdue for payment on May 21,2007

Company Name: The Emirates Sun International Trading
Address: P O Box 7891

City: Abu Dhabi U A E
Contact: Mr Yasser Qandeel
Telephone: 02-4469698
Fax: 02-4469697
Email: m defencecontrol@eim ae

Shipping to The Emirates Sun International Trading located in Abu Dhabi U A E

Client ordered 400000 MTW of our material code 50-65 for 24 months at a price of $ 165 USD to be unloaded in TIANJIN
Client currently owes $ 1,584,000,000 USD from May 21,2007 which is a full breech of contract on the initial amount of $ 66,000,000 due on May 21,2007
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: