Breached Contracts


Contract Number: 1315589238 issued on September 9, 2011, 1:27 pm and became overdue for payment on September 14,2011

Company Name: MineCorn International Limited
Address: 148 Connaught Road West Singga Commercial Center 32 FL Room3204A

City: Western District Hong Kong
Contact: VIRGO CHANG
Telephone: 852 69789586
Fax: 852 23430611
Email: cko0826@hotmail com


Shipping to MineCorn International Limited located in Western District Hong Kong

Client ordered 150000 MTW of our material code Iron Ore - Brazil for 12 months at a price of $ 140.75 USD to be unloaded in China - Tianjin
Client currently owes $ 302,400,000.00 USD from September 14,2011 which is a full breech of contract on the initial amount of $ 25,200,000.00 due on September 14,2011
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: Claims they lost import license after ship sailed... no funds even after our offer to import on their behalf