Breached Contracts


Contract Number: 1161085628 issued on October 17, 2006, 7:47 am and became overdue for payment on October 25,2006

Company Name: ZHEJIANG XIANGYI IMPORT & EXPORT TRADE CO LTD
Address: 30A NANFANG MANSION RUIAN CITY

City: ZHEJIANG CHINA
Contact: CHEN XIAOMIN
Telephone: 86-577-25676666
Fax: 86-577-25676660
Email: ZJXY88@163 COM


Shipping to ZHEJIANG XIANGYI IMPORT & EXPORT TRADE CO LTD located in Tianjin China

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 217.00 USD to be unloaded in China - Tianjin
Client currently owes $ 78,120,000.00 USD from October 25,2006 which is a full breech of contract on the initial amount of $ 6,510,000.00 due on October 25,2006
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: