Breached Contracts

Contract Number: 1240362912 issued on April 21, 2009, 9:15 pm and became overdue for payment on April 26,2009

Address: No 705 Hosung B D No 44 22 Yeido Dong
Youngdeungpo Gu
City: Seoul Korea
Contact: Sean Young Kim CEO
Telephone: 82 2 735 2667
Fax: 82 2 735 2669
Email: jonpark@afrikor com

Shipping to TBA located in TBA

Client ordered 200000 MTW of our material code 50-65 for 12 months at a price of $ 240.00 USD to be unloaded in Albania - Durrés
Client currently owes $ 576,000,000 USD from April 26,2009 which is a full breech of contract on the initial amount of $ 48,000,000 due on April 26,2009
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: