Current Report Filing (8-k)
February 08 2017 - 11:21AM
Edgar (US Regulatory)
United
States
Securities and Exchange Commission
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
February
1, 2017
Date
of Report
[Date
of Earliest Event Reported]
PCS
EDVENTURES!.COM, INC.
(Exact
name of Registrant as specified in its Charter)
|
IDAHO
|
|
000-49990
|
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82-0475383
|
|
(State
or Other Jurisdiction
|
|
(Commission
|
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(I.R.S.
Employer
|
|
of
Incorporation)
|
|
File
Number)
|
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Identification
No.)
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345
Bobwhite Court, Suite 200
Boise,
Idaho 83706
(Address
of Principal Executive Offices)
(208)
343-3110
(Registrant’s
Telephone Number, including area code)
N/A
(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 14-a-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))
Item
2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On
February 1, 2017, the Company entered into a loan transaction in the amount of $50,000 with PCS Edventures!.com, Inc. Vice President
and Board member, Michael J. Bledsoe. The transaction involved the issuance of a short term Promissory Note due April 30, 2017,
secured by accounts receivable, and bearing 20% interest at an annualized rate.
Also,
on February 3, 2017, the Company entered into a loan transaction in the amount of $100,000 with Gordon Prairie, an unrelated party.
The transaction involved the issuance of a short term Promissory Note due April 30, 2017, secured by accounts receivable, and
bearing 20% interest at an annualized rate.
Item
9.01 Financial Statements and Exhibit
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(d)
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Exhibit
No.
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Exhibit
Description
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10.1
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Form
of Promissory Note
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10.2
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Form
of Promissory Note
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SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed
on its behalf by the undersigned hereunto duly authorized.
PCS
EDVENTURES!.COM, INC.
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Dated:
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February
8, 2017
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By:
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/s/
Todd R. Hackett
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CEO
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Dated:
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February
8, 2017
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By:
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/s/
Robert O. Grover
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Executive
Vice President
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