Breached Contracts


Contract Number: 1263542641 issued on January 15, 2010, 3:04 am and became overdue for payment on January 24,2010

Company Name: Shinsegi Construction and Operation LTD
Address: 1F 27 16 Bumjun Dong

City: Jin Gu Busan Pusan Korea 614 824
Contact: Young Hak Lee
Telephone: 82 70 8271 2532
Fax: 82 2 6280 8688
Email: map21k@paran com


Shipping to Shinsegi Construction and Operation LTD located in Jin Gu Busan Pusan Korea 614 824

Client ordered 30000 MTW of our material code 200-206 for 12 months at a price of $ 265.00 USD to be unloaded in Korea, South - Pusan (Busan)
Client currently owes $ 95,400,000 USD from January 24,2010 which is a full breech of contract on the initial amount of $ 7,950,000 due on January 24,2010
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: