| CHICAGO, Jan. 30, 2012 /PRNewswire/ -- 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. Pursuant to the definitive agreement, MBC Inc. will be purchasing all of the MBC LLC assets and loan portfolio for approxima...continued QLTS |
Monday, January 30, 2012
Q Lotus Holdings, Inc. Completes Definitive Agreement to Purchase Midwest Business Credit
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