Breached Contracts

Contract Number: 1168611322 issued on January 12, 2007, 9:15 am and became overdue for payment on July 26,2008

Company Name: Tekhat Tekstil Insaat Gida San ve Tic Ltd
Address: Altiparmak Mah Altiparmak Cad Kardesler

City: Bursa Turkey 16050
Contact: Selehattin Sahin
Telephone: 0090 224 2217147
Fax: 0090 224 2217149
Email: tekhatgroup@hotmail com

Shipping to Tekhat Tekstil Insaat Gida San ve Tic Ltd located in Bursa Turkey 16050

Client ordered 60000 MTW of our material code 50-65 for 12 months at a price of $ 318.00 USD to be unloaded in Turkey - Istanbul
Client currently owes $ 228,960,000 USD from July 26,2008 which is a full breech of contract on the initial amount of $ 19,080,000 due on July 26,2008
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: