SOURCE: Q Lotus Holdings, Inc
CHICAGO, IL via MacReportMedia.com, 7/16/2014 8:06:00 AM
Q Lotus Holdings Inc. Forms Real Estate Finance and Asset Monetization Subsidiary
Q Lotus Holdings Inc. (OTC Pink: QLTS) (“the Company”) a Nevada Corporation formed to operate as a resource company with its primarily focused on its natural resources, mining business and with interests in finance and real estate. The Company has formed a new subsidiary Q Lotus Real Estate Finance LLC to finance real estate and real estate developments as well as to monetize real estate and mining assets.
“This new subsidiary will operate synergistically with our business finance, mining and asset monetization activities”, said Gary A. Rosenberg Chairman and CEO of Q Lotus Holdings Inc.
Additional information on Q Lotus Holding Inc. will be available through its 10K which will be file and become available within the next two weeks.
Forward Looking Statements
Forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, are made throughout this release. These forward-looking statements are sometimes identified by the use of terms and phrases such as “believe,” “should,” “would,” “expect,” “project,” “estimate,” “anticipate,” “intend,” “plan,” “will,” “can,” “may,” or similar expressions elsewhere in this release. All forward-looking statements are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors and risks include, but are not limited to, unanticipated developments that prevent, delay or negatively impact financial, operational and legal risks and uncertainties detailed from time to time in the Company's cautionary statements contained in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the date of this press release. The Company disclaims, however, any intent or obligation to update these forward-looking statements. There can be no assurance that the proposed transactions will be completed as anticipated or at all.
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