1-12-16 Dear Friends and Associates of Q Lotus H
Post# of 98051
Dear Friends and Associates of Q Lotus Holdings Inc.,
In my last letter to you, I reported that we have negotiated a one billion dollar financing for the Port of Fort Pierce Project in Florida. I’m pleased to advise that the documentation for the financing is moving forward with all parties in agreement. I am expecting all documents to be finalized and ready for an 8K filing sometime next week.
In addition, we have been advised that the same funding source will fully fund the Lake Zurich Entertainment Complex Project.
This increased capacity facilitates more rapid growth in all of our profit centers: Lending, Mining, Monetization, Trading and International as well as Real Estate.
Q Lotus Holdings Inc. expects to receive its $75,000,000 business plan funding proceeds in tranches over the next three weeks. I will keep you advised in that regard and updates will be provided as events occur.
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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