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EX-99.1 - EX-99.1 - Q LOTUS HOLDINGS INCv353004_ex99-1.htm

 

 UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 20, 2013

 

Q LOTUS HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Nevada  000-52595  14-1961383
(State or other Jurisdiction of  (Commission File Number) (IRS Employer Identification No.)   
Incorporation)      

 

20 North Wacker Drive, Suite 4120, Chicago, IL  60606
(Address of Principal Executive Offices)  (Zip Code)

 

Registrant's telephone number, including area code: (312) 379-1800

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240. 14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 
 

 

Section 1 Registrant's Business and Operations

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On July 5, 2013, Q Lotus Holdings, Inc., or the Company, has entered into the Contract Extension dated July [5], 2013 with Prospect Silica Enterprises, Inc., or PSEI, a duly organized Oregon corporation, to extend the duration of the Modified Purchase Rights and Completion Agreement dated as of October 15,2012 by and among PSEI and the Company, which was due to expire on June 30, 2013.

 

The Contract Extension is attached as Exhibits 99.1.

 

The Exhibits furnished in this report shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

 

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Description

 

99.1 Extension Agreement between the Company and PSEI dated July 5, 2013.

 

 

 
 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Q LOTUS HOLDINGS, INC.
  (Registrant)
     
     
Date: July 5, 2013 By: s/ Gary Rosenberg
Name: Gary Rosenberg
  Title:   Chief Executive Officer