QLTS just hit email 8/11/15 Dear friends and associates of Q Lotus Holdings Inc.,
In my last update, I promised to provide a further update In 10 days. Last week I reported the creation of the fourth leg of our Company through the establishment of a solid India relationship with the Shukla family, who are Q Lotus shareholders. This will create a presence for the Company in India with little capital investment and early earnings with large and rapid growth potential.
Our International Group also has another excellent opportunity offered to it by another shareholder, Diego J. Suarez and his affiliated company Development Resource Corporation, to participate in food and development activities in Nigeria as well as other countries in Africa and Asia.
These two countries are two of the three countries, other than the United Estates, which are expected by economist and demographic experts to have the greatest growth and become the largest economies in the world over the next two decades. The Company is getting well connected and anchored in the parts of the world with the greatest potential economic growth and high demand for services and products in which the Company has considerable expertise and a stablished track record.
These same countries are very rich in natural resources; we anticipate that they will have powerful connections with our Mining Monetization and Trading Group. This is particularly important since our current largest assets are the silica mining claims which have been most recently valued at $144 million dollars in ground-as is and with an estimated total value of $14 billion dollars for its in-ground resources if fully mined.
Given the experience and track record of Q Lotus Holdings Inc. management, the Company is in an excellent position to capitalize on these relationships. Over time, we will be updating our business plan to most appropriately accommodate the profit opportunity from the International Group.
With respect to the Company’s first three groups and our current business plan, I want to advise that the providers of the 60 million dollar funding for the Company’s original business plan (approximately $0.15 per share), are in the last stage to complete and execute their final responsibilities to Q Lotus. In that regard, they have invited me to work with them in completing the final stage. I have accepted that invitation so as to assure that we receive the 60 million dollars as promised and to make every effort to complete a long term source of financing adequate to fund our projects over the next five years.
I will be providing another update within the next 10 days.
As always, I thank you for your continuous support.
Sincerely,
Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
P: (312) 379-1800
C: (312) 498-0301
