Mr. Timothy D Bellcourt QLTS BOD Recently Appointe
Post# of 868
Posted On: 08/10/2016 6:25:50 PM
Mr. Timothy D Bellcourt QLTS BOD Recently Appointed CEO...
Expert in the asset-based lending industry with very impressive credentials...
May 18th, 2016
Dear Friends and associates of Q Lotus Holdings Inc.,
I am very pleased to announce that the Board of Directors of Q Lotus Holdings Inc. had a meeting this past Monday, May 16 2016, at which the directors unanimously elected Timothy D. Bellcourt to become the Chief Executive Officer of Q Lotus Holdings Inc.
I believe you are all aware of Mr. Bellcourt’s outstanding capabilities and accomplishments as a banker and in the world of finance. For your convenience and recollection, I am including herewith a condense review of Timothy D. Bellcourt’s background. I will remain the Chairman and President of Q Lotus Holdings Inc. and the other members of our executive team, Jorge E. Gonzalez Chief Financial Officer and Daniel Kurzweil Chief Operating Officer remain in their current positions. Your executive team is working cooperatively and diligently under the guidance of the Q Lotus Holdings Inc. Board of Directors to see that the promised funds to Q Lotus Holdings Inc. are brought to fruition.
Timothy Bellcourt with over 25 years of experience in the asset-backed lending industry, and a track record with a loan loss ratio of less than 1%, 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, GE Capital Corporation, and US Bank. Tim has also successfully founded two independent asset-backed lending companies.
As I first indicated in my letter in March 24th, executing Q Lotus funding has been and is very time consuming and complicated, requiring a high level of expertise for its completion. Tim brings that expertise to the table to be able to get funding started and brought to completion. Because of Tim’s skills and contacts in financing, as well as, his skills as a manager, he has been able to obtain the recognition and support from all parties including Harvesttime Worldwide Oil Trust London, LLC and Wild Stallions, LLC to accomplish successful financing.
Please join me in congratulating Tim for his election as Chief Executive officer of Q Lotus Holdings Inc. and offer him your full support.
Thank you for your continued interest and support. Please don’t hesitate to contact me with any questions you may have.
Sincerely,
Gary A. Rosenberg
Chairman & President
Q Lotus Holdings Inc.
P: (773) 857-1415
C: (312) 498-0301
Post courtesy of,
Nadendla Member Level Wednesday, 01/21/15 12:37:40 PM
Re: None
Post # of 16225
www.sec.gov/Archives/edgar/data/1391142/000114420412022136/v309512_8k.htm
http://www.sec.gov/Archives/edgar/data/139114...808_8k.htm
Tim Bellcourt is on the board of Midwest Business Credit, Inc., a wholly owned subsidiary of QLTS.
http://www.prnewswire.com/news-releases/q-lot...85733.html
Tim bellcourt also is an executive at MBC:
http://www.linkedin.com/pub/nino-pellettieri/2a/3a6/236
http://www.sec.gov/Archives/edgar/data/1391142/000114
Expert in the asset-based lending industry with very impressive credentials...
May 18th, 2016
Dear Friends and associates of Q Lotus Holdings Inc.,
I am very pleased to announce that the Board of Directors of Q Lotus Holdings Inc. had a meeting this past Monday, May 16 2016, at which the directors unanimously elected Timothy D. Bellcourt to become the Chief Executive Officer of Q Lotus Holdings Inc.
I believe you are all aware of Mr. Bellcourt’s outstanding capabilities and accomplishments as a banker and in the world of finance. For your convenience and recollection, I am including herewith a condense review of Timothy D. Bellcourt’s background. I will remain the Chairman and President of Q Lotus Holdings Inc. and the other members of our executive team, Jorge E. Gonzalez Chief Financial Officer and Daniel Kurzweil Chief Operating Officer remain in their current positions. Your executive team is working cooperatively and diligently under the guidance of the Q Lotus Holdings Inc. Board of Directors to see that the promised funds to Q Lotus Holdings Inc. are brought to fruition.
Timothy Bellcourt with over 25 years of experience in the asset-backed lending industry, and a track record with a loan loss ratio of less than 1%, 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, GE Capital Corporation, and US Bank. Tim has also successfully founded two independent asset-backed lending companies.
As I first indicated in my letter in March 24th, executing Q Lotus funding has been and is very time consuming and complicated, requiring a high level of expertise for its completion. Tim brings that expertise to the table to be able to get funding started and brought to completion. Because of Tim’s skills and contacts in financing, as well as, his skills as a manager, he has been able to obtain the recognition and support from all parties including Harvesttime Worldwide Oil Trust London, LLC and Wild Stallions, LLC to accomplish successful financing.
Please join me in congratulating Tim for his election as Chief Executive officer of Q Lotus Holdings Inc. and offer him your full support.
Thank you for your continued interest and support. Please don’t hesitate to contact me with any questions you may have.
Sincerely,
Gary A. Rosenberg
Chairman & President
Q Lotus Holdings Inc.
P: (773) 857-1415
C: (312) 498-0301
Post courtesy of,
Nadendla Member Level Wednesday, 01/21/15 12:37:40 PM
Re: None
Post # of 16225
www.sec.gov/Archives/edgar/data/1391142/000114420412022136/v309512_8k.htm
http://www.sec.gov/Archives/edgar/data/139114...808_8k.htm
Tim Bellcourt is on the board of Midwest Business Credit, Inc., a wholly owned subsidiary of QLTS.
http://www.prnewswire.com/news-releases/q-lot...85733.html
Tim bellcourt also is an executive at MBC:
http://www.linkedin.com/pub/nino-pellettieri/2a/3a6/236
http://www.sec.gov/Archives/edgar/data/1391142/000114
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