Attached files

file filename
10-Q - Q LOTUS HOLDINGS INCv232083_10q.htm
EX-3.9 - EXHIBIT 3.9 - Q LOTUS HOLDINGS INCv232083_ex3-9.htm
EX-31.1 - Q LOTUS HOLDINGS INCv232083_ex31-1.htm
EX-32.1 - Q LOTUS HOLDINGS INCv232083_ex32-1.htm
EX-31.2 - Q LOTUS HOLDINGS INCv232083_ex31-2.htm
EX-32.2 - Q LOTUS HOLDINGS INCv232083_ex32-2.htm

 
Q Lotus Holdings, Inc.
500 N Dearborn St, Suite 605
A Private Equity
Chicago, IL  60654
Holding Company
(312) 379-1800


 July 18, 2011
Southshore Real Estate Development, LLC
Four Executive Boulevard – Suite 200
Suffern, NY  10901
Attention: Josh Goldstein
 
Re:  5th Amendment to Promissory Note

Dear Josh:

In accordance with our discussions, Q Lotus Holdings, Inc. and Southshore Real Estate Development, LLC hereby agree to further amend the Promissory Note dated February 23, 2011 (as amended, supplemented or otherwise modified from time to time) between Q Lotus Holdings, Inc. and Southshore Real Estate Development, LLC in the amount of two hundred thousand dollars ($200,000) such that, notwithstanding anything contained in the Promissory Note to the contrary:

 
1.
Q Lotus Holdings, Inc. (“Obligor’) hereby promises to pay to the order of Southshore Real Estate Development, LLC (“Payee’) the principal sum of Four Hundred Thirty Eight Thousand Dollars ($438,000); and

Please acknowledge your acceptance of the above change by executing this amendment below.

Q Lotus Holdings, Inc.                                           
       
By:
/s/ Gary Rosenberg
   
 
Gary Rosenberg
   
Its:    
CEO    
 
     

Understood and Agreed to this 18th day of July, 2011.

Southshore Real Estate Development, LLC
       
By:
/s/ Josh Goldstein
   
 
Josh Goldstein
   
Its:    
General Partner