Breached Contracts

Contract Number: 1183674954 issued on July 5, 2007, 6:35 pm and became overdue for payment on July 14,2007

Company Name: Xiamen Lihui International Trading CO LTD
Address: 29 East Bailu Hou Road
City: China
Contact: Wu Ke Jiang
Telephone: 86 592 5315723
Fax: 86 592 5315720
Email: xiamenlihui@sme net cn

Shipping to Xiamen Lihui International Trading CO LTD located in China

Client ordered 830000 MTW of our material code 50-65 for 12 months at a price of $ 180.00 USD to be unloaded in China - Shanghai
Client currently owes $ 1,792,800,000 USD from July 14,2007 which is a full breech of contract on the initial amount of $ 149,400,000 due on July 14,2007
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: