Posted On: 02/26/2016 4:48:59 PM
Post# of 99228
$QLTS next week $$$$ Dear Friends and Associates of Q Lotus Holdings Inc.,
We are finalizing the agreements and procedures for the proper funding of the $75 MM commitment from Wild Stallions, LLC to Q Lotus Holdings Inc. To bring you fully up to date, I have included a copy of the Payout Commitment Letter from Wild Stallions, LLC to Q Lotus Holdings Inc. along with a copy of our currently proposed Funding Disbursement Agreement which is in the process of final approval by Wild Stallions, LLC. These steps are directed towards ultimately completing the capacity necessary for full funding of both, the Q Lotus Holdings Inc. business plan and its various projects, as well as repayment of loans with appropriate returns.
Thank you for your continued support. I will be issuing an update by the middle of the week.
Sincerely,
Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
520 N. Kingsbury St, # 1810
Chicago IL, 60654
P: (312) 379-1800
C: (312) 498-0301
We are finalizing the agreements and procedures for the proper funding of the $75 MM commitment from Wild Stallions, LLC to Q Lotus Holdings Inc. To bring you fully up to date, I have included a copy of the Payout Commitment Letter from Wild Stallions, LLC to Q Lotus Holdings Inc. along with a copy of our currently proposed Funding Disbursement Agreement which is in the process of final approval by Wild Stallions, LLC. These steps are directed towards ultimately completing the capacity necessary for full funding of both, the Q Lotus Holdings Inc. business plan and its various projects, as well as repayment of loans with appropriate returns.
Thank you for your continued support. I will be issuing an update by the middle of the week.
Sincerely,
Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
520 N. Kingsbury St, # 1810
Chicago IL, 60654
P: (312) 379-1800
C: (312) 498-0301
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