It's good to reread this letter,it may explain a lot in understanding why some of the delays have incurred..I think the first paragraph is telling,work in progress.
Courtesy of sororitygirls
June 19, 2015
Dear friends and associates,
Thank you for your help, support, suggestions and patience. It has become evident to me that it would be helpful for you to understand how I relate to Q Lotus Holdings Inc. (the Company).
With the benefit of my long and diversified experience in finance, I’ve dedicated the last five years to create a very special financial institution that would accomplish success in providing financing within a context that is outside of the traditional regulatory system which can be operated in a sufficiently flexible way to create great advantages in both the profitability of its operation and the opportunity in catching business in the market.
Q Lotus Holdings Inc. is a holding company dedicated to the development and support of those types of financial operations so as to ultimately become a major financial institution that has access to all the advantages and tools of the majors, but not the disadvantages and incapacitation of the traditional institutions. We are at the threshold of accomplishing that objective through appropriate funding and a very exiting yet very realistic business plan coupled, in particular, with our talented and powerful team of managers, consultants, and other major participants.
We are focus on financial businesses that provide us an internal rate of return on capital of 40%. Our asset backed lending business is already one such business, our specialized real estate financial business will become a second such business. We may add, and have under study, a capital market oriented business with the same financial characteristics. Simply put; high return, low risk and low regulation results in high cash flow high profits and meaningful value to shareholders.
Our holding Company objective is to accomplish a long term ongoing 40% internal rate of return starting with the funding and execution of our current business plan with continuous focus for the long term with the continued reinvestment of the Company’s earnings in the Company’s businesses until we grow the institution to at least five hundred million dollars market value. At which time we will reevaluate our targets and strategies to be sure we then take all subsequent actions that are in the best interest of shareholders.
At the same time, we will be evaluating and integrating the use of the Company’s ownership of its valuable mining claims in creating a greater value for the Company and its shareholders.
I cannot thank all of you enough for all your patience, support and help. Please continue to share your suggestions with me.
Best regards,
Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
P: (312) 379-1800
C: (312) 498-0301
Courtesy of sororitygirls
June 19, 2015
Dear friends and associates,
Thank you for your help, support, suggestions and patience. It has become evident to me that it would be helpful for you to understand how I relate to Q Lotus Holdings Inc. (the Company).
With the benefit of my long and diversified experience in finance, I’ve dedicated the last five years to create a very special financial institution that would accomplish success in providing financing within a context that is outside of the traditional regulatory system which can be operated in a sufficiently flexible way to create great advantages in both the profitability of its operation and the opportunity in catching business in the market.
Q Lotus Holdings Inc. is a holding company dedicated to the development and support of those types of financial operations so as to ultimately become a major financial institution that has access to all the advantages and tools of the majors, but not the disadvantages and incapacitation of the traditional institutions. We are at the threshold of accomplishing that objective through appropriate funding and a very exiting yet very realistic business plan coupled, in particular, with our talented and powerful team of managers, consultants, and other major participants.
We are focus on financial businesses that provide us an internal rate of return on capital of 40%. Our asset backed lending business is already one such business, our specialized real estate financial business will become a second such business. We may add, and have under study, a capital market oriented business with the same financial characteristics. Simply put; high return, low risk and low regulation results in high cash flow high profits and meaningful value to shareholders.
Our holding Company objective is to accomplish a long term ongoing 40% internal rate of return starting with the funding and execution of our current business plan with continuous focus for the long term with the continued reinvestment of the Company’s earnings in the Company’s businesses until we grow the institution to at least five hundred million dollars market value. At which time we will reevaluate our targets and strategies to be sure we then take all subsequent actions that are in the best interest of shareholders.
At the same time, we will be evaluating and integrating the use of the Company’s ownership of its valuable mining claims in creating a greater value for the Company and its shareholders.
I cannot thank all of you enough for all your patience, support and help. Please continue to share your suggestions with me.
Best regards,
Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
P: (312) 379-1800
C: (312) 498-0301
