Document:

AMENDED, RESTATED AND RENEWED PROMISSORY NOTE

$40,000.00                                                   As of June 30, 2001

FOR VALUE RECEIVED, the undersigned, and if more than one, each of them jointly
and severally ("Borrower") promises to pay to the order of THE ESTATE OF SIDNEY
DWORKIN (together with any subsequent holder of this Note, including all
beneficiaries hereof, hereinafter "Creditor") at c/o Quartermane Capital Ltd.,
39680 Bainbridge Road, Solon, Ohio 44139, Attention: Marc Dworkin, or at such
other place as Creditor may from time to time designate, the principal sum of
FORTY THOUSAND AND NO/100 DOLLARS ($40,000.00) or such sum as may be advanced
and outstanding from time to time, with interest on the unpaid principal balance
at the rate and on the terms provided in this Amended, Restated and Renewed
Promissory Note (including all renewals, extensions or modifications hereto,
this "Note"). Borrower has executed certain documents in connection with the
loan evidenced by this Note ("Loan") including that certain Forbearance
Agreement ("Agreement") dated September ___, 2004, made by Borrower in favor of
Creditor and certain related parties. Capitalized terms not defined herein shall
have the meanings given to them in the Agreement.

      Contemporaneously with Borrower's execution of this Note and pursuant to
the Agreement, Borrower has executed six (6) amended, restated and renewed
promissory notes evidencing and reaffirming additional obligations of Borrower
to Creditor and/or certain related parties of Creditor (collectively with the
Note, "Amended Notes"), which Amended Notes are described on the attached
Schedule A.

      This Note restates, amends, and renews that certain promissory note dated
August 13, 1999 ("Original Promissory Note"), made by Borrower payable to the
order of Creditor evidencing an original principal amount of $40,000.00, of
which, as of March 31, 2004, $40,000.00 of principal and $28,200.00 in accrued
and unpaid interest is outstanding. It is the intention of the Borrower and
Creditor that while this Note renews, amends, replaces and supersedes the
Original Promissory Note, it is not in payment or satisfaction of the Original
Promissory Note, but rather is the substitution of one evidence of debt for
another without any intent to extinguish the old. Should there be any conflict
between any of the terms of the Original Promissory Note and the terms of this
Note, the terms of this Note shall control. The Original Promissory Note is
attached hereto as Exhibit A and shall only be negotiated with this Note.

      Interest shall be charged on the outstanding principal balance from the
date hereof until the full amount of principal due hereunder has been paid at a
rate of Fifteen Percent (15.00%) per annum ("Note Rate"). Interest shall be
calculated daily on the basis of the actual number of days elapsed over a 360
day year.

      Borrower may make, at its option, payments on the indebtedness at any time
in the manner specified by Creditor, until a default shall occur hereunder or
under the Agreement or any of the other Loan Documents. In addition to the
foregoing, Borrower hereby agrees to pay to Creditor, promptly upon receipt and
in any event no later than December 10, 2004, such Creditor's Proportionate
Share of the proceeds of Borrower's sale of 2003 operating losses ("TP
Prepayment") pursuant to the State of New Jersey's Business Tax Benefit
Certificate Transfer Program, established by Title 34:1B-7.42a, New Jersey
Statutes ("Program"). For purposes of the preceding sentence, "Proportionate
Share" means the proportion which the outstanding principal balance of this Note
bears to the total aggregate outstanding principal balances of all of the
Amended Notes, multiplied by the total proceeds of Borrower's sale of 2003
operating losses pursuant to the Program. The entire unpaid principal amount
hereof, together with accrued and unpaid interest thereon and all other amounts
payable hereunder shall, at the option of

<PAGE>

Creditor, be due and payable on April 1, 2005, unless extended or modified by
agreement of the parties. ("Maturity Date").

      The Loan may be prepaid, in whole or in part, at any time, subject to the
provisions contained herein. Any prepayment, including the TP Prepayment, shall
include accrued and unpaid interest to the date of prepayment on the principal
amount prepaid and all other sums due and payable hereunder.

      All payments described above (other than the TP Prepayment or other
prepayments) shall be received by Creditor on the first day of every month, and,
notwithstanding any other provision of this Note to the contrary, in the event
any payment (other than the TP Prepayment or other prepayments) is not received
by the 5th of each month, Creditor may immediately initiate suit on this Note,
without notice or demand.

      After the Maturity Date or due date of this Note, through acceleration or
otherwise, interest will accrue on the principal balance remaining unpaid and on
any judgment obtained on this Note at the maximum rate of interest permitted by
applicable law.

      Except as otherwise specified herein, each payment or prepayment, if any
(including any TP Prepayment), made under this Note shall be applied to pay late
charges, accrued and unpaid interest, principal, escrows (if any), and any other
fees, costs and expenses which Borrower is obligated to pay under this Note, in
such order as Creditor may elect from time to time in its sole discretion.

      Borrower, endorser, surety, guarantor, or other parties to this Note (all
of whom are hereinafter called "Obligor") jointly and severally agree as
follows:

      Obligor will be in default under this Note upon the occurrence of any
event of default under the Agreement or any document executed in connection with
this Note or the Agreement which is not cured within any applicable grace
period.

      Creditor will have all of the rights and remedies of a creditor under all
applicable law. Without limiting the generality of the foregoing, upon the
occurrence of any default under this Note, Creditor may at its option and
without notice or demand: (1) declare the entire unpaid principal and accrued
interest accelerated and due and payable at once, together with any and all
other liabilities of any Obligor or any of such liabilities selected by
Creditor; and (2) set off against this Note all money owed by Creditor in any
capacity to each or any Obligor whether or not due and also set off against all
other liabilities of each Obligor to Creditor all money owed by Creditor in any
capacity to any Obligor, and Creditor will be deemed to have exercised such
right of setoff and to have made a charge against any such money immediately
upon the occurrence of such default although made or entered on the books
subsequent thereto.

      Creditor may, at any time whether or not this Note is due, pledge or
transfer this Note, whereupon Creditor will be relieved of all duties and
responsibilities hereunder, and pledgee or transferee will for all purposes
stand in the place of Creditor hereunder and have all the rights of Creditor
hereunder. Upon any event of default that continues beyond any applicable cure
or grace period, Creditor may, at any time exercise all rights necessary or
required, in Creditor's discretion, in order to protect its interests under this
Note.

      In no event will Creditor be entitled to unearned or unaccrued interest or
other charges or rebates, except as may be authorized by law; nor will any such
party be entitled or receive at any time any such charges not allowed or
permitted by law, or any interest in excess of the highest lawful rate. Any
payments of interest in excess of the highest lawful rate will be credited by
Creditor on interest accrued or

                                       2
<PAGE>

principal or both; except that Borrower will have an option to demand refund as
to any such interest or charges in excess of the highest lawful rate.

      No delay or omission on the part of Creditor in exercising any right
hereunder will operate as a waiver of such right or of any other rights under
this Note. Presentment, demand, protest, notice of dishonor, and all other
notices are hereby waived by each and every Obligor. Obligor, jointly and
severally, promises and agrees to pay all costs of collection and reasonable
attorney's fees, including reasonable attorney's fees of any suit, out of court,
in trial, on appeal, in bankruptcy proceedings or otherwise, incurred or paid by
Creditor in enforcing this Note or preserving any right or interest of Creditor
hereunder. Any notice to Borrower will be sufficiently served for all purposes
if placed in the mail, postage prepaid, addressed to, or left upon the premises
at the address shown below or any other address shown on Creditor's records.

      Each Obligor hereby expressly consents to any and all extensions,
modifications, and renewals, in whole or in part, including but not limited to
changes in payment schedules and interest rates, and all delays in time of
payment or other performance which Creditor may grant or permit at any time and
from time to time without limitation and without any notice to or further
consent of any Obligor. Each Obligor will also be bound by each of the foregoing
terms, without the requirement that Creditor first go against any security
interest otherwise held by Creditor.

      WAIVER OF JURY TRIAL. OBLIGOR AND CREDITOR (BY ITS ACCEPTANCE OF THIS
NOTE) HEREBY AGREE AS FOLLOWS: (A) EACH OF THEM KNOWINGLY, VOLUNTARILY,
INTENTIONALLY, AND IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY
IN ANY LAWSUIT, PROCEEDING, COUNTERCLAIM, OR OTHER LITIGATION (AN "ACTION")
BASED UPON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS NOTE OR ANY
RELATED DOCUMENTS, INSTRUMENTS, OR AGREEMENTS (WHETHER ORAL OR WRITTEN AND
WHETHER EXPRESS OR IMPLIED AS A RESULT OF A COURSE OF DEALING, A COURSE OF
CONDUCT, A STATEMENT, OR OTHER ACTION OF EITHER PARTY); (B) NEITHER OF THEM MAY
SEEK A TRIAL BY JURY IN ANY SUCH ACTION; (C) NEITHER OF THEM WILL SEEK TO
CONSOLIDATE ANY SUCH ACTION (IN WHICH A JURY TRIAL HAS BEEN WAIVED) WITH ANY
OTHER ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED; AND (D)
NEITHER OF THEM HAS IN ANY WAY AGREED WITH OR REPRESENTED TO THE OTHER OF THEM
THAT THE PROVISIONS OF THIS SECTION WILL NOT BE FULLY ENFORCED IN ALL INSTANCES.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       3
<PAGE>

      IN WITNESS WHEREOF, Borrower has executed and delivered this Note on the
date first above stated.

Borrower's Address:                          BORROWER:

3535 Quakerbridge Road
Mercerville, NJ  08619                       LASER ENERGETICS, INC.,
                                             a Florida corporation
Borrower's Tax Identification No.:
59-3093561
                                             By: /s/ Robert D. Battis
                                                 -------------------------------
                                             Name: Robert D. Battis
                                                   -----------------------------
                                             Its:  President & CEO
                                                   -----------------------------

                                                          [SEAL]

STATE OF NEW JERSEY       )
                          ) SS:
COUNTY OF MERCER          )

      The foregoing instrument was sworn to, subscribed and acknowledged before
me this 6th day of October, 2004, by Robert Battis, as President of LASER
ENERGETICS, INC., a Florida corporation, who |X| is personally known to me or
|_| produced his/her driver's license as identification.

SIGNING AS NOTARY AND NOT AS                 /s/ Myra C. Gibson
ENDORSER OR GUARANTOR OF THIS                -----------------------------------
NOTE                                         Notary Public, State of New Jersey

                                                      Myra C. Gibson
                                                 NOTARY PUBLIC OF NEW JERSEY
                                             MY COMMISSION EXPIRES OCT. 13, 2005
                                             -----------------------------------
                                             Print, Type or Stamp Name:

                                             Commission No.:
                                                             -------------------
                                             My Commission Expires:
                                                                    ------------

                                       4
<PAGE>

                                    EXHIBIT A

                            ORIGINAL PROMISSORY NOTE

                                 (see attached)

                                       5
<PAGE>

                                   SCHEDULE A

                          DESCRIPTION OF AMENDED NOTES

1.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $332,402.00

2.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $250,000.00

3.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $113,228.00

4.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $40,000.00

5.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $30,000.00

6.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of Marc Dworkin in the
      face amount of $73,601.00

7.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of Elliott "Bud" Dworkin
      in the face amount of $70,218.00AMENDED, RESTATED AND RENEWED PROMISSORY NOTE

$113,228.00                                                  As of June 30, 2001

FOR VALUE RECEIVED, the undersigned, and if more than one, each of them jointly
and severally ("Borrower") promises to pay to the order of THE ESTATE OF SIDNEY
DWORKIN (together with any subsequent holder of this Note, including all
beneficiaries hereof, hereinafter "Creditor") at c/o Quartermane Capital Ltd.,
39680 Bainbridge Road, Solon, Ohio 44139, Attention: Marc Dworkin, or at such
other place as Creditor may from time to time designate, the principal sum of
ONE HUNDRED THIRTEEN THOUSAND TWO HUNDRED TWENTY-EIGHT AND NO/100 DOLLARS
($113,228.00) or such sum as may be advanced and outstanding from time to time,
with interest on the unpaid principal balance at the rate and on the terms
provided in this Amended, Restated and Renewed Promissory Note (including all
renewals, extensions or modifications hereto, this "Note"). Borrower has
executed certain documents in connection with the loan evidenced by this Note
("Loan") including that certain Forbearance Agreement ("Agreement") dated
September __, 2004, made by Borrower in favor of Creditor and certain related
parties. Capitalized terms not defined herein shall have the meanings given to
them in the Agreement.

      Contemporaneously with Borrower's execution of this Note and pursuant to
the Agreement, Borrower has executed six (6) amended, restated and renewed
promissory notes evidencing and reaffirming additional obligations of Borrower
to Creditor and/or certain related parties of Creditor (collectively with the
Note, "Amended Notes"), which Amended Notes are described on the attached
Schedule A.

      This Note restates, amends, and renews that certain promissory note dated
August 1, 1999 ("Original Promissory Note"), made by Borrower payable to the
order of Creditor evidencing an original principal amount of $113,228.00, of
which, as of March 31, 2004, $113,228.00 of principal and $80,392.00 in accrued
and unpaid interest is outstanding. It is the intention of the Borrower and
Creditor that while this Note renews, amends, replaces and supersedes the
Original Promissory Note, it is not in payment or satisfaction of the Original
Promissory Note, but rather is the substitution of one evidence of debt for
another without any intent to extinguish the old. Should there be any conflict
between any of the terms of the Original Promissory Note and the terms of this
Note, the terms of this Note shall control. The Original Promissory Note is
attached hereto as Exhibit A and shall only be negotiated with this Note.

      Interest shall be charged on the outstanding principal balance from the
date hereof until the full amount of principal due hereunder has been paid at a
rate of Fifteen Percent (15.00%) per annum ("Note Rate"). Interest shall be
calculated daily on the basis of the actual number of days elapsed over a 360
day year.

      Borrower may make, at its option, payments on the indebtedness at any time
in the manner specified by Creditor, until a default shall occur hereunder or
under the Agreement or any of the other Loan Documents. In addition to the
foregoing, Borrower hereby agrees to pay to Creditor, promptly upon receipt and
in any event no later than December 10, 2004, such Creditor's Proportionate
Share of the proceeds of Borrower's sale of 2003 operating losses ("TP
Prepayment") pursuant to the State of New Jersey's Business Tax Benefit
Certificate Transfer Program, established by Title 34:1B-7.42a, New Jersey
Statutes ("Program"). For purposes of the preceding sentence, "Proportionate
Share" means the proportion which the outstanding principal balance of this Note
bears to the total aggregate outstanding principal balances of all of the
Amended Notes, multiplied by the total proceeds of Borrower's sale of 2003
operating losses pursuant to the Program. The entire unpaid principal amount
hereof, together with accrued and unpaid interest thereon and all other amounts
payable hereunder shall, at the option of

<PAGE>

Creditor, be due and payable on April 1, 2005, unless extended or modified by
agreement of the parties. ("Maturity Date").

      The Loan may be prepaid, in whole or in part, at any time, subject to the
provisions contained herein. Any prepayment, including the TP Prepayment, shall
include accrued and unpaid interest to the date of prepayment on the principal
amount prepaid and all other sums due and payable hereunder.

      All payments described above (other than the TP Prepayment or other
prepayments) shall be received by Creditor on the first day of every month, and,
notwithstanding any other provision of this Note to the contrary, in the event
any payment (other than the TP Prepayment or other prepayments) is not received
by the 5th of each month, Creditor may immediately initiate suit on this Note,
without notice or demand.

      After the Maturity Date or due date of this Note, through acceleration or
otherwise, interest will accrue on the principal balance remaining unpaid and on
any judgment obtained on this Note at the maximum rate of interest permitted by
applicable law.

      Except as otherwise specified herein, each payment or prepayment, if any
(including any TP Prepayment), made under this Note shall be applied to pay late
charges, accrued and unpaid interest, principal, escrows (if any), and any other
fees, costs and expenses which Borrower is obligated to pay under this Note, in
such order as Creditor may elect from time to time in its sole discretion.

      Borrower, endorser, surety, guarantor, or other parties to this Note (all
of whom are hereinafter called "Obligor") jointly and severally agree as
follows:

      Obligor will be in default under this Note upon the occurrence of any
event of default under the Agreement or any document executed in connection with
this Note or the Agreement which is not cured within any applicable grace
period.

      Creditor will have all of the rights and remedies of a creditor under all
applicable law. Without limiting the generality of the foregoing, upon the
occurrence of any default under this Note, Creditor may at its option and
without notice or demand: (1) declare the entire unpaid principal and accrued
interest accelerated and due and payable at once, together with any and all
other liabilities of any Obligor or any of such liabilities selected by
Creditor; and (2) set off against this Note all money owed by Creditor in any
capacity to each or any Obligor whether or not due and also set off against all
other liabilities of each Obligor to Creditor all money owed by Creditor in any
capacity to any Obligor, and Creditor will be deemed to have exercised such
right of setoff and to have made a charge against any such money immediately
upon the occurrence of such default although made or entered on the books
subsequent thereto.

      Creditor may, at any time whether or not this Note is due, pledge or
transfer this Note, whereupon Creditor will be relieved of all duties and
responsibilities hereunder, and pledgee or transferee will for all purposes
stand in the place of Creditor hereunder and have all the rights of Creditor
hereunder. Upon any event of default that continues beyond any applicable cure
or grace period, Creditor may, at any time exercise all rights necessary or
required, in Creditor's discretion, in order to protect its interests under this
Note.

      In no event will Creditor be entitled to unearned or unaccrued interest or
other charges or rebates, except as may be authorized by law; nor will any such
party be entitled or receive at any time any such charges not allowed or
permitted by law, or any interest in excess of the highest lawful rate. Any
payments of interest in excess of the highest lawful rate will be credited by
Creditor on interest accrued or

                                       2
<PAGE>

principal or both; except that Borrower will have an option to demand refund as
to any such interest or charges in excess of the highest lawful rate.

      No delay or omission on the part of Creditor in exercising any right
hereunder will operate as a waiver of such right or of any other rights under
this Note. Presentment, demand, protest, notice of dishonor, and all other
notices are hereby waived by each and every Obligor. Obligor, jointly and
severally, promises and agrees to pay all costs of collection and reasonable
attorney's fees, including reasonable attorney's fees of any suit, out of court,
in trial, on appeal, in bankruptcy proceedings or otherwise, incurred or paid by
Creditor in enforcing this Note or preserving any right or interest of Creditor
hereunder. Any notice to Borrower will be sufficiently served for all purposes
if placed in the mail, postage prepaid, addressed to, or left upon the premises
at the address shown below or any other address shown on Creditor's records.

      Each Obligor hereby expressly consents to any and all extensions,
modifications, and renewals, in whole or in part, including but not limited to
changes in payment schedules and interest rates, and all delays in time of
payment or other performance which Creditor may grant or permit at any time and
from time to time without limitation and without any notice to or further
consent of any Obligor. Each Obligor will also be bound by each of the foregoing
terms, without the requirement that Creditor first go against any security
interest otherwise held by Creditor.

      WAIVER OF JURY TRIAL. OBLIGOR AND CREDITOR (BY ITS ACCEPTANCE OF THIS
NOTE) HEREBY AGREE AS FOLLOWS: (A) EACH OF THEM KNOWINGLY, VOLUNTARILY,
INTENTIONALLY, AND IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY
IN ANY LAWSUIT, PROCEEDING, COUNTERCLAIM, OR OTHER LITIGATION (AN "ACTION")
BASED UPON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS NOTE OR ANY
RELATED DOCUMENTS, INSTRUMENTS, OR AGREEMENTS (WHETHER ORAL OR WRITTEN AND
WHETHER EXPRESS OR IMPLIED AS A RESULT OF A COURSE OF DEALING, A COURSE OF
CONDUCT, A STATEMENT, OR OTHER ACTION OF EITHER PARTY); (B) NEITHER OF THEM MAY
SEEK A TRIAL BY JURY IN ANY SUCH ACTION; (C) NEITHER OF THEM WILL SEEK TO
CONSOLIDATE ANY SUCH ACTION (IN WHICH A JURY TRIAL HAS BEEN WAIVED) WITH ANY
OTHER ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED; AND (D)
NEITHER OF THEM HAS IN ANY WAY AGREED WITH OR REPRESENTED TO THE OTHER OF THEM
THAT THE PROVISIONS OF THIS SECTION WILL NOT BE FULLY ENFORCED IN ALL INSTANCES.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       3
<PAGE>

      IN WITNESS WHEREOF, Borrower has executed and delivered this Note on the
date first above stated.

Borrower's Address:                          BORROWER:

3535 Quakerbridge Road
Mercerville, NJ  08619                       LASER ENERGETICS, INC.,
                                             a Florida corporation
Borrower's Tax Identification No.:
59-3093561
                                             By: /s/ Robert D. Battis
                                                 -------------------------------
                                             Name: Robert D. Battis
                                                   -----------------------------
                                             Its:  President & CEO
                                                   -----------------------------

                                                           [SEAL]

STATE OF NEW JERSEY        )
                           ) SS:
COUNTY OF MERCER           )

      The foregoing instrument was sworn to, subscribed and acknowledged before
me this 6TH day of October, 2004, by Robert Battis, as President of LASER
ENERGETICS, INC., a Florida corporation, who |X| is personally known to me or
|_| produced his/her driver's license as identification.

SIGNING AS NOTARY AND NOT AS                 /s/ Myra C. Gibson
ENDORSER OR GUARANTOR OF THIS                -----------------------------------
NOTE                                         Notary Public, State of New Jersey

                                                      Myra C. Gibson
                                                 NOTARY PUBLIC OF NEW JERSEY
                                             MY COMMISSION EXPIRES OCT. 13, 2005
                                             -----------------------------------
                                             Print, Type or Stamp Name:

                                             Commission No.:
                                                             -------------------
                                             My Commission Expires:
                                                                    ------------

                                       4
<PAGE>

                                    EXHIBIT A

                            ORIGINAL PROMISSORY NOTE

                                 (see attached)

                                       5
<PAGE>

                                   SCHEDULE A

                          DESCRIPTION OF AMENDED NOTES

1.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $332,402.00

2.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $250,000.00

3.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $113,228.00

4.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $40,000.00

5.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of the Estate of Sidney
      Dworkin in the face amount of $30,000.00

6.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of Marc Dworkin in the
      face amount of $73,601.00

7.    Amended, Restated and Renewed Promissory Note made by Laser Energetics,
      Inc., a Florida corporation, payable to the order of Elliott "Bud" Dworkin
      in the face amount of $70,218.00

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