Breached Contracts


Contract Number: 1311757586 issued on July 27, 2011, 5:06 am and became overdue for payment on August 07,2011

Company Name: Invincible Trading Limited
Address: 20 F Far East Consortium Building
121 Des Voeux Road Central
City: Hong Kong
Contact: Peter John Vagg
Telephone: 852 3920 9300
Fax: 852 2385 4324
Email: southpeter69@yahoo com


Shipping to Invincible Trading Limited located in Hong Kong

Client ordered 1050000 MTW of our material code Iron Ore-Mexico 64.5 for 60 months at a price of $ 129.00 USD to be unloaded in ASWP
Client currently owes $ 8,127,000,000 USD from August 07,2011 which is a full breech of contract on the initial amount of $ 135,450,000 due on August 07,2011
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: Failed to pay LC fees.. never met fiduciary obligations