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<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WASHINGTON, DC 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CURRENT REPORT PURSUANT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TO SECTION 13 OR 15(d) OF THE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding: 0; font-size: 10pt; text-align: center">Date of report (Date of earliest event reported)</TD>
    <TD STYLE="width: 50%; padding: 0; font-size: 10pt; text-align: center; border-bottom: Black 1pt solid">June 18, 2012 (June 12, 2012) </TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="width: 100%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; font-size: 10pt; text-align: center; text-indent: 0">VIRTUALSCOPICS, INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: center; text-indent: 0">(Exact Name of Registrant as Specified in Its Charter)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: center; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; font-size: 10pt; text-align: center; text-indent: 0">Delaware</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: center; text-indent: 0">(State or Other Jurisdiction of Incorporation)</TD></TR>
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    <TD STYLE="width: 50%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center">000-52018</TD>
    <TD STYLE="width: 50%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center">04-3007151</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding: 0; text-align: center">(IRS Employer Identification No.)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center">500 Linden Oaks, Rochester, New York</TD>
    <TD STYLE="padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center">14625</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="padding: 0; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center; width: 100%">(585) 249-6231</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-align: center; text-indent: 0">(Registrant&rsquo;s Telephone Number, Including Area Code)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-align: center; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-align: center; text-indent: 0">(Former Name or Former Address, if Changed Since Last Report)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):</P>

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<TD STYLE="width: 0in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.25in; text-align: left; padding-right: 0; padding-left: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</TD>
</TR></TABLE>

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<TD STYLE="width: 0in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.25in; text-align: left; padding-right: 0; padding-left: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.25in; text-align: left; padding-right: 0; padding-left: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.25in; text-align: left; padding-right: 0; padding-left: 0"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION TO BE INCLUDED IN THE REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Section 3</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>Securities and Trading Markets</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Item 3.03</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>Material Modifications to Rights of Security Holders. </B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On June 15, 2012, VirtualScopics,
Inc. (the &quot;Company&quot;) filed (i) the Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights
and Qualifications of Series A Convertible Preferred Stock and (ii) the Amended and Restated Certificate of Designation of Rights
and Preferences of the Series B Preferred Stock with the Secretary of State of the State of Delaware, each of which became effective
upon the filing thereof with the Secretary of State. The Amended and Restated Certificate of Designations, Powers, Preferences
and Other Rights and Qualifications of Series A Convertible Preferred Stock and the Amended and Restated Certificate of Designation
of Rights and Preferences of the Series B Preferred Stock, describing the rights, privileges and preferences of the Company's Series
A Convertible Preferred Stock and the Company's Series B Preferred Stock, respectively, are described more fully in Item 5.03 below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Section 5</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>Corporate Governance and Management</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Item 5.03</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">At the Annual Meeting
of Stockholders of the Company held on June&nbsp;12, 2012 (the &quot;2012 Annual Meeting&quot;), the stockholders of the Company
approved amendments to the Certificates of Designations for its Series A Convertible Preferred Stock (&ldquo;Series A Preferred
Stock&rdquo;) and Series B Preferred Stock, as described in the Company&rsquo;s Proxy Statement dated April&nbsp;27, 2012, relating
to the 2012 Annual Meeting. The amendments amend these Certificates of Designation to, among other things:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0">&bull;</TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">eliminate the right to approve senior or pari passu securities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0">&bull;</TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">clarify that class approval rights do not extend to a sale of the Company or similar change in
control event;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0">&bull;</TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">eliminate anti-dilution adjustments for new shares issued at a price less than the conversion price
of the Company's Series C Preferred Stock;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0">&bull;</TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">confirm the senior nature of the Series C Preferred Stock and conform to the other rights of the
Series C Preferred Stock; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0">&bull;</TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">eliminate redemption rights for the Series B Preferred Stock</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On June 15,
2012, the Company filed (i) the Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications
of Series A Convertible Preferred Stock and (ii) the Amended and Restated Certificate of Designation of Rights and Preferences
of the Series B Preferred Stock with the Secretary of State of the State of Delaware, each of which became effective upon the filing
thereof with the Secretary of State.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The foregoing summary
is qualified in its entirety by reference to the Amended and Restated Certificate of Designations, Powers, Preferences and Other
Rights and Qualifications of Series A Convertible Preferred Stock, a copy of which is filed as Exhibit&nbsp;3.1 hereto and incorporated
herein by reference, and the Amended and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred
Stock, a copy of which is filed as Exhibit&nbsp;3.2 attached hereto and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Item 5.07</B></TD><TD STYLE="padding-right: 0; padding-left: 0"><B>Submission of Matters to a Vote of Security Holders.</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">At the Company's Annual
Meeting of Stockholders held on June&nbsp;12, 2012, the following nominees for director were elected to serve until the 2013 Annual
Meeting of Stockholders and until a successor is elected and qualified, with stockholder votes cast as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>PROPOSAL 1</U>:&#9;To elect seven (7)
members to our Board of Directors to serve a one (1) year term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Number
of Votes&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="width: 43%; vertical-align: top; padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 19%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">For&nbsp;</P></TD>
    <TD STYLE="width: 19%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Abstain&nbsp;</P></TD>
    <TD STYLE="width: 19%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Broker&nbsp;Non-Votes&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">Robert G. Klimasewski</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,272,001</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,711,959</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">Mostafa Analoui</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,272,701</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,711,259</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">Daniel I. Kerpelman</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,156,917</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,827,043</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">L. Jeffrey Markin</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,211,344</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,772,616</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">Norman N. Mintz</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,158,917</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,825,043</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">Charles E. Phelps</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,256,089</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,727,871</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">Terence A. Walts</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,158,917</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,825,043</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On other business conducted
at the Annual Meeting, the stockholders (i)&nbsp;ratified the appointment of Marcum LLP as the Company's Independent Registered
Public Accounting Firm for the year ending December&nbsp;31, 2012, (ii)&nbsp;approved the issuance of common stock issuable upon
full conversion of Series&nbsp;C Preferred Stock and any accrued dividends thereon, full exercise of Series&nbsp;C Warrants and
payment of dividends on Series&nbsp;C Preferred Stock, or otherwise issuable pursuant to the Series&nbsp;C Financing, in accordance
with the applicable NASDAQ listing rules, (iii)&nbsp;approved the Amended and Restated Certificate of Designations, Powers, Preferences
and Other Rights and Qualifications of Series&nbsp;A Convertible Preferred Stock and (iv)&nbsp;approved Amended and Restated Certificate
of Designation of Rights and Preferences of the Series&nbsp;B Preferred Stock. The following tables present the final voting results
for the Proposals presented for stockholder approval. Unless otherwise indicated, all results presented below reflect the voting
power of the Common Stock, Series&nbsp;A Preferred Stock, Series&nbsp;B Preferred Stock and Series&nbsp;C-1 Preferred Stock, voting
together as a single class:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>PROPOSAL 2</U>:&#9;To ratify the appointment
of Marcum LLP, as the Company&rsquo;s independent registered public accounting firm for the fiscal year ending December 31, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Number
of Votes&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="width: 32%; vertical-align: top; padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">For&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Against&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Abstain&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Broker&nbsp;Non-Votes&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">All Classes Voting Together</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">27,343,032</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">127,865</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,618,681</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>PROPOSAL 3</U>:&#9;To approve the issuance
of common stock issuable upon full conversion of Series&nbsp;C Preferred Stock and any accrued dividends thereon, full exercise
of Series&nbsp;C Warrants and for payment of dividends on Series&nbsp;C Preferred Stock, or otherwise issuable pursuant to the
Series&nbsp;C financing, in accordance with the applicable NASDAQ Listing Rules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Number
of Votes&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="width: 32%; vertical-align: top; padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">For&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Against&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Abstain&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Broker&nbsp;Non-Votes&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">All Classes Voting Together (1)</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">16,975,859</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">407,750</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,600,351</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618<BR>
</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0; padding-left: 0">(1)</TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0">In accordance with NASDAQ Listing Rules, the votes of the holders of Series&nbsp;C-1 Preferred
Stock were not counted in calculating the voting results for this proposal.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>PROPOSAL 4</U>:&#9;To approve the Amended
and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications of Series A Convertible Preferred
Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Number
of Votes&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="width: 32%; vertical-align: top; padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">For&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Against&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Abstain&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Broker&nbsp;Non-Votes&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">All Classes Voting Together</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,094,354</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">288,985</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,600,621</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">Series&nbsp;A Preferred Stock</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,828</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">Series&nbsp;C-1 Preferred Stock</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">3,000</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>PROPOSAL 5</U>:&#9;To approve the Amended
and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Number
of Votes&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="width: 32%; vertical-align: top; padding-right: 0; padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">For&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Against&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Abstain&nbsp;</P></TD>
    <TD STYLE="width: 17%; vertical-align: bottom; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Broker&nbsp;Non-Votes&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">All Classes Voting Together</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">17,105,229</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">279,985</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">1,598,746</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">10,105,618</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">Series&nbsp;B Preferred Stock</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">600</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,255,204)">
    <TD STYLE="padding-right: 0; padding-left: 0">Series&nbsp;C-1 Preferred Stock</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">3,000</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">-</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0; padding-left: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: center">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Section 9</B></TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0"><B>Financial Statements and Exhibits </B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; padding-right: 0; padding-left: 0"></TD><TD STYLE="width: 1in; padding-right: 0; padding-left: 0"><B>Item 9.01</B></TD><TD STYLE="text-align: justify; padding-right: 0; padding-left: 0"><B>Financial Statement and Exhibits </B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>(d)&#9;Exhibits </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19%; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 0.5pt solid">Exhibit
Number</P></TD>
    <TD STYLE="width: 81%; padding-right: 0; padding-left: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 0.5pt solid">Description</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">3.1</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications of Series A Convertible Preferred Stock</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">3.2</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">Amended and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred Stock</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; font-weight: bold; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-weight: bold; text-indent: 0">VIRTUALSCOPICS, INC.</TD>
    <TD STYLE="padding: 0; font-weight: bold; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0; width: 50%">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0; width: 5%">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0; width: 35%">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0; width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">Date:&nbsp; June 18, 2012</TD>
    <TD STYLE="padding: 0; text-indent: 0">By:</TD>
    <TD STYLE="padding: 0; text-indent: 0; border-bottom: Black 1pt solid">/s/ Molly Henderson</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">Name:</TD>
    <TD STYLE="padding: 0; text-indent: 0">Molly Henderson</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; text-indent: 0">Chief Business and Financial Officer, Sr. Vice President</TD>
    <TD STYLE="padding: 0; text-indent: 0">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>EXHIBIT INDEX</U></B></P>

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    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">3.1</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications of Series A Convertible Preferred Stock</TD></TR>
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    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">3.2</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify">Amended and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred Stock</TD></TR>
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[{"type": "8-K", "sequence": "1", "filename": "v316303_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 48654}]
{"company-data": {"conformed-name": "VirtualScopics, Inc.", "cik": "0001307752", "assigned-sic": "3841", "irs-number": "043007151", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-52018", "film-number": "12912032"}, "business-address": {"street1": "500 LINDEN OAKS", "city": "ROCHESTER", "state": "NY", "zip": "14625", "phone": "585-249-6231"}, "mail-address": {"street1": "500 LINDEN OAKS", "city": "ROCHESTER", "state": "NY", "zip": "14625"}, "former-company": {"former-conformed-name": "ConsultAmerica, Inc.", "date-changed": "20041103"}}
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported)
June 18, 2012 (June 12, 2012)
VIRTUALSCOPICS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
000-52018
04-3007151
(Commission File Number)
(IRS Employer Identification No.)
500 Linden Oaks, Rochester, New York
14625
(Address of Principal Executive Offices)
(Zip Code)
(585) 249-6231
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
¨
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT
Section 3
Securities and Trading Markets
Item 3.03
Material Modifications to Rights of Security Holders.
On June 15, 2012, VirtualScopics,
Inc. (the "Company") filed (i) the Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights
and Qualifications of Series A Convertible Preferred Stock and (ii) the Amended and Restated Certificate of Designation of Rights
and Preferences of the Series B Preferred Stock with the Secretary of State of the State of Delaware, each of which became effective
upon the filing thereof with the Secretary of State. The Amended and Restated Certificate of Designations, Powers, Preferences
and Other Rights and Qualifications of Series A Convertible Preferred Stock and the Amended and Restated Certificate of Designation
of Rights and Preferences of the Series B Preferred Stock, describing the rights, privileges and preferences of the Company's Series
A Convertible Preferred Stock and the Company's Series B Preferred Stock, respectively, are described more fully in Item 5.03 below.
Section 5
Corporate Governance and Management
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
At the Annual Meeting
of Stockholders of the Company held on June 12, 2012 (the "2012 Annual Meeting"), the stockholders of the Company
approved amendments to the Certificates of Designations for its Series A Convertible Preferred Stock ("Series A Preferred
Stock") and Series B Preferred Stock, as described in the Company's Proxy Statement dated April 27, 2012, relating
to the 2012 Annual Meeting. The amendments amend these Certificates of Designation to, among other things:
•
eliminate the right to approve senior or pari passu securities;
•
clarify that class approval rights do not extend to a sale of the Company or similar change in
control event;
•
eliminate anti-dilution adjustments for new shares issued at a price less than the conversion price
of the Company's Series C Preferred Stock;
•
confirm the senior nature of the Series C Preferred Stock and conform to the other rights of the
Series C Preferred Stock; and
•
eliminate redemption rights for the Series B Preferred Stock
On June 15,
2012, the Company filed (i) the Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications
of Series A Convertible Preferred Stock and (ii) the Amended and Restated Certificate of Designation of Rights and Preferences
of the Series B Preferred Stock with the Secretary of State of the State of Delaware, each of which became effective upon the filing
thereof with the Secretary of State.
The foregoing summary
is qualified in its entirety by reference to the Amended and Restated Certificate of Designations, Powers, Preferences and Other
Rights and Qualifications of Series A Convertible Preferred Stock, a copy of which is filed as Exhibit 3.1 hereto and incorporated
herein by reference, and the Amended and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred
Stock, a copy of which is filed as Exhibit 3.2 attached hereto and incorporated herein by reference.
Item 5.07
Submission of Matters to a Vote of Security Holders.
At the Company's Annual
Meeting of Stockholders held on June 12, 2012, the following nominees for director were elected to serve until the 2013 Annual
Meeting of Stockholders and until a successor is elected and qualified, with stockholder votes cast as follows:
PROPOSAL 1
:	To elect seven (7)
members to our Board of Directors to serve a one (1) year term.
Number
of Votes
For
Abstain
Broker Non-Votes
Robert G. Klimasewski
17,272,001
1,711,959
10,105,618
Mostafa Analoui
17,272,701
1,711,259
10,105,618
Daniel I. Kerpelman
17,156,917
1,827,043
10,105,618
L. Jeffrey Markin
17,211,344
1,772,616
10,105,618
Norman N. Mintz
17,158,917
1,825,043
10,105,618
Charles E. Phelps
17,256,089
1,727,871
10,105,618
Terence A. Walts
17,158,917
1,825,043
10,105,618
On other business conducted
at the Annual Meeting, the stockholders (i) ratified the appointment of Marcum LLP as the Company's Independent Registered
Public Accounting Firm for the year ending December 31, 2012, (ii) approved the issuance of common stock issuable upon
full conversion of Series C Preferred Stock and any accrued dividends thereon, full exercise of Series C Warrants and
payment of dividends on Series C Preferred Stock, or otherwise issuable pursuant to the Series C Financing, in accordance
with the applicable NASDAQ listing rules, (iii) approved the Amended and Restated Certificate of Designations, Powers, Preferences
and Other Rights and Qualifications of Series A Convertible Preferred Stock and (iv) approved Amended and Restated Certificate
of Designation of Rights and Preferences of the Series B Preferred Stock. The following tables present the final voting results
for the Proposals presented for stockholder approval. Unless otherwise indicated, all results presented below reflect the voting
power of the Common Stock, Series A Preferred Stock, Series B Preferred Stock and Series C-1 Preferred Stock, voting
together as a single class:
PROPOSAL 2
:	To ratify the appointment
of Marcum LLP, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2012.
Number
of Votes
For
Against
Abstain
Broker Non-Votes
All Classes Voting Together
27,343,032
127,865
1,618,681
-
PROPOSAL 3
:	To approve the issuance
of common stock issuable upon full conversion of Series C Preferred Stock and any accrued dividends thereon, full exercise
of Series C Warrants and for payment of dividends on Series C Preferred Stock, or otherwise issuable pursuant to the
Series C financing, in accordance with the applicable NASDAQ Listing Rules.
Number
of Votes
For
Against
Abstain
Broker Non-Votes
All Classes Voting Together (1)
16,975,859
407,750
1,600,351
10,105,618
(1)
In accordance with NASDAQ Listing Rules, the votes of the holders of Series C-1 Preferred
Stock were not counted in calculating the voting results for this proposal.
PROPOSAL 4
:	To approve the Amended
and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications of Series A Convertible Preferred
Stock.
Number
of Votes
For
Against
Abstain
Broker Non-Votes
All Classes Voting Together
17,094,354
288,985
1,600,621
10,105,618
Series A Preferred Stock
1,828
-
-
-
Series C-1 Preferred Stock
3,000
-
-
-
PROPOSAL 5
:	To approve the Amended
and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred Stock.
Number
of Votes
For
Against
Abstain
Broker Non-Votes
All Classes Voting Together
17,105,229
279,985
1,598,746
10,105,618
Series B Preferred Stock
600
-
-
-
Series C-1 Preferred Stock
3,000
-
-
-
Section 9
Financial Statements and Exhibits
Item 9.01
Financial Statement and Exhibits
(d)	Exhibits
Exhibit
Number
Description
3.1
Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications of Series A Convertible Preferred Stock
3.2
Amended and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred Stock
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
VIRTUALSCOPICS, INC.
Date:  June 18, 2012
By:
/s/ Molly Henderson
Name:
Molly Henderson
Title:
Chief Business and Financial Officer, Sr. Vice President
EXHIBIT INDEX
Exhibit
Number
Description
3.1
Amended and Restated Certificate of Designations, Powers, Preferences and Other Rights and Qualifications of Series A Convertible Preferred Stock
3.2
Amended and Restated Certificate of Designation of Rights and Preferences of the Series B Preferred Stock