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WHy is CEO of QLTS buying 8 mil shares????? QL

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Post# of 411
Posted On: 06/17/2013 2:17:40 PM
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Posted By: GEM
Re: Kenwanee #224

[b]WHy is CEO of QLTS buying 8 mil shares?????[/b]




QLTS CEO bought $80,000 worth of stock at 01 this puppy will fly




Chairman / CEO of Q Lotus Holdings, Inc. purchases 8 million shares of the Companys common stock MacReport Media   "Press Releases"


Q Lotus Holdings, Inc. (OTCQB: QLTS) ("Q Lotus").




Gary Rosenberg , CEO, President, and Chairman of the Board ofDirectors of Q Lotus Holdings, Inc. purchases 8 million newly issued shares of Q Lotus Holdings, Inc. commonstockfrom Q Lotus at the sale price of $0.01 per share.




I am enthusiasticaboutand have confidence in the future success of Q Lotus and I am pleased to purchasethese shares of common stocktoprovideadditional working capital for the company.




TheQ Lotus Board of Directors authorized the issuance of up to 10 million shares of Q Lotus stock at the sale price of $0.01 per shareat a Board meeting held on June 13, 2013 .






QLTS Security Details


Share Structure


Market Value1 $348,230 a/o Jun 14, 2013


Shares Outstanding 84,934,100 a/o Feb 08, 2013


Float Not Available


Authorized Shares 400,000,000 a/o Jun 15, 2010




QLTS Security Details


Share Structure


Market Value1 $348,230 a/o Jun 14, 2013


Shares Outstanding 84,934,100 a/o Feb 08, 2013


Float Not Available


Authorized Shares 400,000,000 a/o Jun 15, 2010




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