Contract

Exhibit 10.7

OBLIGATION EXTENSION AGREEMENT This OBLlGA TCON EXTENSlON AGREEMENT (hereinafter referred to as "Extension Agreement") is entered into as of January 31, 2022, by and between Specialty Capital Lender LLC, a Wyoming Limited Liability Company, (hereinafter called "Lender") and Public Company Management Corporation, a Nevada corp-oration (hereinafter called "PCMC"). WHEREAS, Xxxxxxx Xxxxx, as Assignor, did grant, bargain, sell, assign, transfer, and convey unto Lender, for good and valuable consideration, all of Assignor's right, title and interest in and to all sums due to Assignor under that certain Promissory Note effective as of September 30, 2016 that was due on October L 2021; WHEREAS, PCMC had entered into various Extension Agreements prior to the date hereof; and WHEREAS, Lender and PCMC desire to enter into this Extension Agreement in order to extend the due date of the Promissory Note. NOW, THEREFORE, Xxxxxx and PCMC hereby agree as follows: 1. The maturity date of the obligation is extended from January 31, 2022 to August 3 I , 2022. 2. The unpaid principal of the obligation of $350,000.00 bears simple interest from October 1, 2016 at the interest rate of three (3%) percent per annum. 3. Interest together with the principal due shall be paid on August 31, 2022. 4. All other tem1s and conditions remain unchanged. IN WITNESS WHEREOF, Xxxxxx and PCMC have executed this Extension Agreement effective as of January 31, 2022. SPECIAL TY CA PTT AL LENDER LLC PUBLIC COMPANY MANAGEMENT CORPORATION By: _---L..6--L~--""~=-__ Name: Xxxxxxx XxXxxxx Title: President-Chief Executive Officer