Replies to post #12109 on Q Lotus Holdings Inc. (fka QLTS)

[icahn4]

this may help also..........
We have developed relationships with some of the highest rated banks in the world to Monetize Bank Instruments for our clients by arranging the monetization against owned bank instruments such as BG’s (Bank Guarantees), SBLC’s (Standby Letter of Credit), MTN’s along with other banking and financial instruments.

To monetize a bank instrument you must be in possession of the SBLC, MTN or BG and it must be paid for prior to requesting monetization.

If you do not own an instrument we can make arrangements for you to purchase one.

Monetizing bank instruments is the process of liquidating bank instruments by converting them into cash. We can monetize just about any bank instrument to be used for project funding, move them into various trading platforms quickly and easily. We can monetize SBLC’s, BG’s and MTN’s.

Monetizing a SBLC or stand by letter of credit is becoming rather common and has been used regularly since the late 40’s. Many refer to this as SBLC funding or SBLC financing since you are essentially obtaining cash on the basis of the SBLC or bank guarantee.