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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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September 6, 2011
Southshore Real Estate Development, LLC
Four Executive Boulevard – Suite 200
Suffern, NY  10901
Attention: Josh Goldstein
 
Re:  7th 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 September 21, 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 6TH day of September, 2011.

Southshore Real Estate Development, LLC

By:          /S/ Gary
Rosenberg                                                                                              
Josh Goldstein
Its:          General Partner