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8-K - 8-K CURRENT REPORT - Q LOTUS HOLDINGS INC | v245208_8k.htm |
Q Lotus Holdings, Inc.
A Diversified Financial
Holding Company
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500 N Dearborn St, Suite 605
Chicago, IL 60654
(312) 379-1800
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January 5, 2012
Frank Powers
1 Hughes Center Dr, Unit 1604
Lasa Vegas, NV 89169
Re: Amendment to Promissory Note
Dear Frank:
In accordance with our discussions, Q Lotus Holdings, Inc. and Frank Powers hereby agree to amend the Promissory Note dated December 1, 2011 between Q Lotus Holdings, Inc. and Frank Powers in the amount of one hundred thousand dollars ($100,000) such that, notwithstanding anything contained in the Promissory Note to the contrary:
1.
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Q Lotus Holdings, Inc. (“Obligor’) hereby promises to pay to the order of Frank Powers (“Payee’) the principal sum of One Hundred Thirty Thousand Dollars ($130,000).
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Please acknowledge your acceptance of the above change by executing this amendment below.
Q Lotus Holdings, Inc.
By:
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/S/ Gary Rosenberg
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Gary Rosenberg
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Its:
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CEO
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Understood and Agreed to this 5th day of January, 2011.
By:
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/S/ Frank Powers
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Frank Powers
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