Breached Contracts

Contract Number: 1264730716 issued on January 28, 2010, 9:05 pm and became overdue for payment on January 31,2010

Company Name: Sinoenergy International Trade Limited
Address: Room 501 Gate 8 Tower B Area One
No 98 Huanghai Avenue
City: TEDA District Tianjin China
Contact: Anubis Huang
Telephone: 8602225328317
Fax: 602225328318
Email: huangzhuo@sinoenergy com

Shipping to Sinoenergy International Trade Limited located in TEDA District Tianjin China

Client ordered 150000 MTW of our material code Iron Ore-Mexico 64.5 for 1 months at a price of $ 103.00 USD to be unloaded in Albania - Durrés
Client currently owes $ 15,450,000.00 USD from January 31,2010 which is a full breech of contract on the initial amount of $ 15,450,000.00 due on January 31,2010
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: