Q Lotus Holdings Inc. (fka QLTS)

[Anticipating]

Q Lotus Holdings,Inc Silica Mines Worth a FORTUNE!!

From 8K 11-5-12
Item 1.01 Entry into a Material Definitive Agreement.
On October 15, 2012, Q Lotus Holdings, Inc. (the “Company”) entered into a Modified Purchase Rights and Completion Agreement (the “Agreement”) with Prospect Silica Enterprises, Inc. (“PSEI”) pursuant to which the Company’s unencumbered clear title to twenty (20) silica mining claims in Oregon (“claims”) was confirmed, and certain profit sharing rights of PSEI were established and documented including the right to one third of all profits generated by any and all operations resulting from the claims with a minimum of five million dollars ($5,000,000) in the aggregate. The Company and PSEI have agreed to work together toward mining and monetization of the claims as deemed appropriate. PSEI agrees to provide all historical and current assays, studies, analyses, valuations, certifications, test results, appraisals and any other pertinent data related to the claims. The full Agreement is attached hereto and incorporated herein by reference.
http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&FilingID=8895317&companyid=736261&ppu=%252fdefault.aspx%253fcik%253d1391142

February 23 2010
Silica Deposit in the Prospect Ranger District Quartz Mountain and Subsequent Correspondence per RAMEX claims

Dear Ron,
I am so glad to see you are progressing on the Quartz Mountain property. If I understand what you want from me, I will explain as follows; you want my considered opinion of the estimated value of 400 acres of the total reserves of silica claims on Quartz Mountain.
Reference is made to my letters of October 31, 2005 and February 29, 2008. Any mineral deposit value is predicated on the value and demand at the time the opinion is given. That being said, the value of the claims has doubled since I last examined them in October of 2005. The volume has not changed-nor will it.

The amount of tonnage in the 400 acre block at 100 feet depth equals approximately 175,000,000 tons today worth $80/ton or $14B. This is by no means the total of the deposit.

As you and I discussed, when standing on the lower end of your claims, we could see the exposed silica on three sides at over 500 feet in elevation. In my opinion, there is at least 5 times the amount as stated above. This is what I believe and seems to be consistent with the opinion of other geologist reports.
Ron, you know I am conservative by nature but I have never seen a deposit of this magnitude. If I can be of further assistance, please advise.
[Ed. Note: The 400 acres are comprised of claims Ramex #2, #3, #4, #5, #8, #9, #10, #11, #14, #15, #16, #17, #19, #20, #21, #22, #23, #24, #25, #26]
Sincerely,
/S/Robert L. Salmon
Robert L. Salmon
https://www.sec.gov/Archives/edgar/data/1391142/000139114210000029/exh_10-5.htm

Jackson County Oregon Ramex Active Claims Owners:
https://thediggings.com/usa/oregon/jackson-or029?p=4#tab-active
https://thediggings.com/mines/ormc156974
Q Lotus Incorporated is a Corporation entity with a interest relationship based in Chicago, IL. Q Lotus Incorporated is named in 20 claims in Oregon—18 are active and 2 are closed.
https://thediggings.com/owners/2333024

Geological Reports:
http://www.oregongeology.org/sub/milo/archive/MiningDistricts/JacksonCounty/UnclassifiedDistrict/QuartzMountainClaim/QuartzMountainLetters.pdf

http://www.oregongeology.org/sub/milo/archive/MiningDistricts/JacksonCounty/UnclassifiedDistrict/QuartzMountainClaim/QuartzMountainReports.pdf