Attached files
| file | filename |
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| 8-K - Q LOTUS HOLDINGS INC | v234273_8k.htm |
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Q Lotus Holdings, Inc.
A Private Equity
Holding Company
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500 N Dearborn St, Suite 605
Chicago, IL 60654
(312) 379-1800
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September 6, 2011
Southshore Real Estate Development, LLC
Four Executive Boulevard – Suite 200
Suffern, NY 10901
Attention: Josh Goldstein
Re: 7th 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:
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1.
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The Maturity Date for the aggregate principal balance equal to Five Hundred Forty Four Thousand Dollars ($544,000) is hereby extended to September 21, 2011.
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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 6TH day of September, 2011.
Southshore Real Estate Development, LLC
By: /S/ Gary Rosenberg
Josh Goldstein
Its: General Partner