SEC Comment Letter 0000000000-24-001767 to PRECISION OPTICS CORPORATION, INC. (POCI) (CIK 0000867840) (POCI)
PRECISION OPTICS CORPORATION, INC. (POCI) (CIK 0000867840)
Date: Feb. 14, 2024 · CIK: 0000867840 · Accession: 0000000000-24-001767
AI Filing Summary & Sentiment
File numbers found in text: 001-10647
Letter
United States securities and exchange commission logo February 14, 2024 Wayne Coll Chief Financial Officer Precision Optics Corporation 22 East Broadway Gardner, MA 01440 Re:Precision Optics Corporation Form 10-K for the Fiscal Year Ended June 30, 2023 File No. 001-10647 Dear Wayne Coll: We have reviewed your February 8, 2024 response to our comment letter and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our February 1, 2024 letter. Form 10-K for the Fiscal Year Ended June 30, 2023 Item 9A Controls and Procedures, page 12 1.We reference your response to prior comment 2 that you incorrectly disclosed that your internal control over financial reporting and disclosure controls and procedures were not effective as of June 30, 2023. Please amend your Form 10-K to include revised conclusions, as required by Items 307 and 308 of Regulation S-K. You may file an abbreviated amendment with only Item 9A. Please also include new Section 302 certifications and consider how this error in your disclosure impacts your future assessments of disclosure controls and procedures and internal control over financial reporting.
FirstName LastNameWayne Coll Comapany NamePrecision Optics Corporation February 14, 2024 Page 2 FirstName LastName Wayne Coll Precision Optics Corporation February 14, 2024 Page 2 Please contact Kristin Lochhead at 202-551-3664 or Michael Fay at 202-551-3812 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Industrial Applications and Services
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United States securities and exchange commission logo
February 14, 2024
Wayne Coll
Chief Financial Officer
Precision Optics Corporation
22 East Broadway
Gardner, MA 01440
Re:Precision Optics Corporation
Form 10-K for the Fiscal Year Ended June 30, 2023
File No. 001-10647
Dear Wayne Coll:
We have reviewed your February 8, 2024 response to our comment letter and have the
following comment.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our February 1,
2024 letter.
Form 10-K for the Fiscal Year Ended June 30, 2023
Item 9A Controls and Procedures, page 12
1.We reference your response to prior comment 2 that you incorrectly disclosed that your
internal control over financial reporting and disclosure controls and procedures were not
effective as of June 30, 2023. Please amend your Form 10-K to include revised
conclusions, as required by Items 307 and 308 of Regulation S-K. You may file an
abbreviated amendment with only Item 9A. Please also include new Section 302
certifications and consider how this error in your disclosure impacts your future
assessments of disclosure controls and procedures and internal control over financial
reporting.
FirstName LastNameWayne Coll
Comapany NamePrecision Optics Corporation
February 14, 2024 Page 2
FirstName LastName
Wayne Coll
Precision Optics Corporation
February 14, 2024
Page 2
Please contact Kristin Lochhead at 202-551-3664 or Michael Fay at 202-551-3812 if you
have questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Industrial Applications and
Services