Q Lotus Holdings Inc. (fka QLTS)

[threewheeler]

Dear friends and associates of Q Lotus Holdings Inc.,

I hope you had an enjoyable holiday weekend. I am pleased to be able to report to you meaningful progress in all segments of Q Lotus Holdings Inc. business activities.

1. Real Estate. Our real estate development team has been invited by Harvesttime Worldwide Oil Trust London, LLC and Eagles Marine Seaport Worldwide, LLC to become their co-developer of the Port of Fort Pierce development project. Please see the attached link for more information on the Port of Fort Pierce.
http://flaports.org/ports/port-of-fort-pierce/

We are also working together with the same partners on an enhanced monetization program given their substantial background and capabilities with monetization.

2. Lending Operations. Our investment banker is offering to raise $75,000,000 (seventy five million dollars) for our lending subsidiary, Midwest Business Credit Inc., to be combined with $25,000,000 (twenty five million dollars) from the parent company, Q Lotus Holdings Inc., to quickly and effectively stablish a $100,000,000 lending business. Our investment banker has also expressed interest in providing financing for our other businesses, such as the Silica Mining.

3. Mining. I asked our mining consultant, Burgex Inc., to develop a cost effective and credible program to further update the quality, consistency purity and marketability of the silica. They responded promptly with an exciting program proposal accomplishing those objectives. We expect to accept this proposal shortly.

4. Corporate Financing. HP Ventures, LLC continues to make progress in obtaining the funds to make good on their promise to fund the Q Lotus Business Plan.

In addition, we have other alternatives to stablish the funding using the monetization capabilities provided by our new partners.

5. International. We are in the process of evaluating and prioritizing the opportunities that come to us through our international channels. We are finding not only many high reward potential opportunities, but also receiving enhanced management and financial support. At this point, we are starting to have a meaningful worldwide international footprint with presence in Asia, Africa, South America and of course North America.

6. Audit. Our Audit is proceeding. We have retained an internal accountant to help facilitate and expedite the auditing process. Our internal accountant is preparing and reviewing the audit package to deliver to the auditors. We may be able to bring all our fillings up to date with one consolidated 10k. With the guidance of our accountant, auditors and SEC attorney, we expect that decision to be made sometime within the next two weeks.

7. Financial Public Relations. The NASDAQ affiliated financial public relations company, Global Corporate Solutions, has contacted us to obtain our business. Given our intentions to eventually go on NASDAQ, this appears to be a good opportunity and a natural solution to put in place the most effective financial public relations.

8. Management. Thanks to all members of the management team and our advisors for their continued and helpful support. I greatly appreciate not only your interest but also your suggestions. In that regard, I also want to call attention to the considerable support of our most recent foreign shareholders and advisors, their commitment and energy has highly motivated me and makes me extremely excited for the creation of our worldwide business activities.

I will continue to keep you well updated and thank you again for your continued support, interest and effort on behalf of Q Lotus.

Sincerely,


Gary A. Rosenberg
Chairman and CEO
Q Lotus Holdings Inc.
520 N. Kingsbury St, # 1810
Chicago IL, 60654

P: [phone]
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