WHy is CEO of QLTS buying 8 mil shares????? QL
Post# of 72709
[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