tomorrow QLTS last chance for subbies, new email:
Post# of 98041
I am pleased to advise that Q Lotus Holdings Inc. (the “Company”) has been successful in creating the fourth leg for the Company, which is international trade and finance.
Thanks to prominent India business man and Q Lotus shareholder, Mahesh Chandra P. Shukla and his family, the Company is stablishing an advantageously positioned international capability through a jointly owned Indian entity, which is in the process of formation, to pursue the most promising opportunities for business and financial activity between India and the United States.
Q Lotus Holdings Inc. Chief Operating Officer, Dan Kurzweil, will be managing our participation in the joint venture, which I’m excited to oversee, drawing upon my many years of following India and its development as an adjunct professor at the Kellogg School at Northwestern University and during all the ensuing years until the present time.
I am furthered pleased to report that shareholder, director and chairman of the audit committee, Frank Powers, has made substantial progress in furthering the sixty million dollar financing as well as in building the Company’s long term financing capabilities. Initial funding on the sixty million committed to fulfill Q Lotus business plan is expected to commence shortly.
I plan to issue a further update within ten days. Thank you for your continuous interest and support.
As always I remain available to answer any questions you may have.
Sincerely,
Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
P: (312) 379-1800
C: (312) 498-0301