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Q Lotus Holdings, Inc.
 
A Private Equity
 
Holding Company
[logo.jpg]
500 N Dearborn St, Suite 605
 
Chicago, IL  60654
 
(312) 379-1800

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November 2, 2011
Southshore Real Estate Development, LLC
Four Executive Boulevard – Suite 200
Suffern, NY  10901
Attention: Josh Goldstein

Re:  9th Amendment to Promissory Note

Dear Josh:

In accordance with our discussions, Q Lotus Holdings, Inc. and Southshore Real
Estate Development, LLC hereby agree to further amend the Promissory Note dated
February 23, 2011 (as amended, supplemented or otherwise modified from time to
time) between Q Lotus Holdings, Inc. and Southshore Real Estate Development, LLC
in the amount of two hundred thousand dollars ($200,000) such that,
notwithstanding anything contained in the Promissory Note to the contrary:

1.  
The Maturity Date for the aggregate principal balance equal to Five Hundred
Forty Four Thousand Dollars ($544,000) is hereby extended to December 2, 2011.

Please acknowledge your acceptance of the above change by executing this
amendment below.

Q Lotus Holdings, Inc.                                           

By: 
/S/ Gary Rosenberg

Gary Rosenberg
Its: 
CEO

Understood and Agreed to this 2nd day of November, 2011.

Southshore Real Estate Development, LLC

By: 
  /S/ Josh Goldstein

Josh Goldstein
Its: 
General Partner