Q Lotus Completes Definitive Agreement Sample Contracts

Q Lotus Completes Definitive Agreement to Purchase Midwest Business Credit
Q Lotus Completes Definitive Agreement • February 7th, 2012 • Q Lotus Holdings Inc • Services-business services, nec

CHICAGO, January 30, 2012 – Midwest Business Credit, Inc. (“MBC Inc”), a wholly owned subsidiary of Q Lotus Holdings, Inc. (OTCBB:QLTS) (“Q Lotus”) has concluded a definitive agreement for the purchase of the assets and the business of Midwest Business Credit LLC (“MBC LLC”), consistent with the previous announcement made by Q Lotus on December 14, 2011.

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