Relevant DD not to be forgotten with all that's ha
Post# of 868
Posted On: 12/13/2015 2:48:02 PM
Relevant DD not to be forgotten with all that's happening!
Huge-$3-Billion Mining Claim Asset Backed Note Monetization Plan:
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8724715
June 5, 2013: The Company anticipates generating substantial capital through the efforts of its New York based Mining Claim Asset Backed Note Monetization Team, as well as through any actual mining activities it may initiate.
On July 10, 2012: Q Lotus Holdings, Inc.(Q Lotus USA: QLTS) entered into a Partnership Agreement with Q Lotus Holdings Ltd.(Q Lotus HK), a company registered in Hong Kong whereby the Company shall issue up to a face value of up to $3,000,000,000 in collateralized corporate notes for the benefit of Tan Chong Yang, Terrence. Initially the company shall issue a Note in the amount of $1,000,000,000 (the Initial Note). Tan Chong Yang, Terrence shall raise between $70,000,000 and $75,000,000 by pledging the initial Note as collateral.
$70-75 Million: That's more than enough to start the development of their U.S. Silica Deposit..$60 million is already on the cards ..the intial release would be any day now in 2015!...
Snippets from the Partnership Agreements:
Q Lotus USA is mainly engaged in performing a variety of businesses and in particular has possession of a mining claims situated in the U.S.A with reserves of Silica. The total value of the reserve is estimated at $14 Billion U.S. Dollars !!!!...
Q Lotus USA is going to develop the mine...
Q Lotus HK has all the business connections in the finance and business sector in Hong Kong and is wholly owned and operated by Mr. Tan Chong Yang, Terrence. It will be responsible to raise the necessary required capital for the operation of the mine in the U.S. and the operation of the trading fund and commodities agency platform in Hong Kong
The Q Lotus USA shall issue corporate notes with a face value of USD $ 3,000,000,000 divided in three batches, one billion per batch.
Also, December 21, 2012:
The Board of Directors unanimously elected Timothy Bellcourt to fill the vacant seat on the Board of Directors of Q Lotus Holdings, Inc. Mr. Bellcourt has over 25 years of experience in the asset-based lending industry and has been involved in audit management, loan administration, portfolio management, credit underwriting, marketing, and profit and loss responsibilities. He has worked for organizations such as LaSalle Business Credit, NBD Business Credit, GE Capital Corporation, and US Bank. Mr. Bellcourt has successfully started independent asset based lending companies, and has served as a consultant for Wells Fargo’s Special Asset Group.
Huge-$3-Billion Mining Claim Asset Backed Note Monetization Plan:
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8724715
June 5, 2013: The Company anticipates generating substantial capital through the efforts of its New York based Mining Claim Asset Backed Note Monetization Team, as well as through any actual mining activities it may initiate.
On July 10, 2012: Q Lotus Holdings, Inc.(Q Lotus USA: QLTS) entered into a Partnership Agreement with Q Lotus Holdings Ltd.(Q Lotus HK), a company registered in Hong Kong whereby the Company shall issue up to a face value of up to $3,000,000,000 in collateralized corporate notes for the benefit of Tan Chong Yang, Terrence. Initially the company shall issue a Note in the amount of $1,000,000,000 (the Initial Note). Tan Chong Yang, Terrence shall raise between $70,000,000 and $75,000,000 by pledging the initial Note as collateral.
$70-75 Million: That's more than enough to start the development of their U.S. Silica Deposit..$60 million is already on the cards ..the intial release would be any day now in 2015!...
Snippets from the Partnership Agreements:
Q Lotus USA is mainly engaged in performing a variety of businesses and in particular has possession of a mining claims situated in the U.S.A with reserves of Silica. The total value of the reserve is estimated at $14 Billion U.S. Dollars !!!!...
Q Lotus USA is going to develop the mine...
Q Lotus HK has all the business connections in the finance and business sector in Hong Kong and is wholly owned and operated by Mr. Tan Chong Yang, Terrence. It will be responsible to raise the necessary required capital for the operation of the mine in the U.S. and the operation of the trading fund and commodities agency platform in Hong Kong
The Q Lotus USA shall issue corporate notes with a face value of USD $ 3,000,000,000 divided in three batches, one billion per batch.
Also, December 21, 2012:
The Board of Directors unanimously elected Timothy Bellcourt to fill the vacant seat on the Board of Directors of Q Lotus Holdings, Inc. Mr. Bellcourt has over 25 years of experience in the asset-based lending industry and has been involved in audit management, loan administration, portfolio management, credit underwriting, marketing, and profit and loss responsibilities. He has worked for organizations such as LaSalle Business Credit, NBD Business Credit, GE Capital Corporation, and US Bank. Mr. Bellcourt has successfully started independent asset based lending companies, and has served as a consultant for Wells Fargo’s Special Asset Group.
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