Q Lotus Holdings Inc
Q Lotus Holdings, Inc. Operates as a diversified financial services holding company, which engages in the acquisition of mining claims. The company's principal investment focus to provides equity and debt capital to growing and middle market companies with increasing cash flow and escalating income in the finance, real estate and mining areas. Q Lotus Holdings, Inc., a diversified holdings company, is a Chicago-based minority owned business. The Company has a clear vision how to leverage its intellectual capabilities, assets.
UNITED STATES
SECURITIES AND EXCHANGECOMMISSION
WASHINGTON, D.C. 20549
Q Lotus Holdings Inc Company
FORM 8-K
CURRENT REPORT
Pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Dateof Earliest Event Reported): January 16, 2013 (January 14, 2013)
Q Lotus Holdings, Inc. (Exact name of registrant as specified in its charter) | ||
Nevada (State or other jurisdiction of | 000-52595 | 14-1961383 |
520 North Kingsbury Street, Suite 1810, Chicago, IL 60654 |
Registrant's telephone number, including area code:(312) 379-1800
(Former name or former address, if changed sincelast report.)
Checkthe appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrantunder any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under theSecurities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under theExchange 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-commencementcommunications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item1.01Entry into a Material Definitive Agreement.
OnJanuary 14, 2013, Q Lotus Holdings, Inc. and its Hong Kong affiliate Q Lotus Holdings Ltd. (the “Q Lotus Group”) enteredinto an Agreement with Richmond Energy (UK) Ltd. (“Richmond Energy”) pursuant to which the Q Lotus Group will adviseand administer an effective deal structure for managing the development of six oil license blocks owned by Richmond Energy locatedin the Saratov region of Russia in the Volga Ural and precaspian provinces. Richmond Energy is an independent Oil & Gas companywhich has a 51% ownership in a venture with OOO Ecology & Progress Ltd Russia. Richmond Energy has the right to buy the remaining49% from OOO Ecology & Progress Ltd Russia. The venture owns the following 6 blocks of Green fields: Perelubsko Rubezhisky,Bolshe-Chaliklinsky-2, Karamansky-1, Karamansky- 2, Zhuravlinsky and Dergachevsky. The venture has licenses to explore and drillfor hydro carbons in Saratov Oblast located in the South East part of the European Russia which straddles the lower mid-sectionof the Volga River and to the South East it abuts Kazakhstan. The Q Lotus Group will authorize all aspects of the project, focusingon structuring and promoting a successful resource development in cooperation with government agencies and project subcontractorsfor effective sharing of resources revenue and management.
TheQ Lotus Group is appointing EPC Oil & Gas SDN. BHD (“EPC”) the drilling concession project management.
TheQ Lotus Group is appointing Thana Balan P Jaganathan as special advisor for the Euro-Asian operations.
Q Lotus Holdings Inc Ipo
Q Lotus Holdings Inc Investor Relations
SIGNATURES
Pursuantto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalfby the undersigned hereunto duly authorized.
| Q LOTUS HOLDINGS, INC. (Registrant) | ||
| Date: January 16, 2013 | By: | /s/ Gary A. Rosenberg |
| Gary A. Rosenberg | ||
| Chief Executive Officer | ||