Breached Contracts

Contract Number: 1296061114 issued on January 26, 2011, 11:58 am and became overdue for payment on April 09,2011

Company Name: Idealboom Group Limited
Address: 5 F Henan Building
90 Jaffe Road
City: Wanchai Hong Kong
Contact: Chan Tsz Kin
Telephone: 852 3419 3476
Fax: TBA

Shipping to Idealboom Group Limited located in Wanchai Hong Kong

Client ordered 300000 MTW of our material code Iron Ore-Mexico 64.5 for 12 months at a price of $ 135.00 USD to be unloaded in China - Shanghai
Client currently owes $ 486,000,000 USD from April 09,2011 which is a full breech of contract on the initial amount of $ 40,500,000 due on April 09,2011
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: