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EXCEL - IDEA: XBRL DOCUMENT - PRECISION OPTICS CORPORATION, INC.Financial_Report.xls
10-Q - FORM 10-Q - PRECISION OPTICS CORPORATION, INC.precision_10q-123111.htm
EX-32.1 - CERTIFICATION - PRECISION OPTICS CORPORATION, INC.precision_10q-ex3201.htm
EX-31.1 - CERTIFICATION - PRECISION OPTICS CORPORATION, INC.precision_10q-ex3101.htm
EX-31.2 - CERTIFICATION - PRECISION OPTICS CORPORATION, INC.precision_10q-ex3102.htm

EXHIBIT 10.27
 
ENDORSEMENT TO 10% SENIOR SECURED CONVERTIBLE NOTE
 
Precision Optics Corporation, Inc.
New York, New York
January 31, 2012
 
The 10% Senior Secured Convertible Note dated June 25, 2008 and amended December 11, 2008, June 25, 2010, July 26, 2010, September 15, 2010, October 15, 2010, November 15, 2010, November 30, 2010, December 1, 2010, December 3, 2010 and December 17, 2010, January 10, 2011, January 24, 2011, February 7, 2011,  February 25, 2011,  March 11, 2011, March 31, 2011, April 15, 2011, April 29, 2011, May 13, 2011, June 3, 2011, June 28, 2011, July 6, 2011, July 20, 2011, July 25, 2011,  July 27, 2011, August 31, 2011, September 30, 2011, October 31, 2011, and December 15, 2011 (the “Note”) of Precision Optics Corporation, Inc., a Massachusetts corporation (the “Company”), payable to the order of Arnold Schumsky (the “Holder”) in an aggregate principal amount of $50,000 and to which this Endorsement is affixed is hereby amended in the following respects:
 
 
1.
The term “Stated Maturity Date” is hereby restated to be “March 31, 2012.”
 
 
2.
Except as expressly amended by this Endorsement, the Note remains in full force and effect and the Company hereby reconfirms its obligations thereunder.
 
IN WITNESS WHEREOF, the Company has caused this Endorsement to be duly executed, and the Holder has caused this Endorsement to be duly accepted, by their respective duly authorized representatives as of the day and year first above written.
  
 
  PRECISION OPTICS CORPORATION, INC.  
       
 
By:
/s/ Joseph N. Forkey  
  Name: Joseph N. Forkey  
  Title: Chief Executive Officer  
       
 

Accepted:
 
   
/s/ Arnold Schumsky
Arnold Schumsky