Current Report Filing (8-k)
September 09 2013 - 2:33PM
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
September 9, 2013
Date of Report
[Date of Earliest
Event Reported]
PCS EDVENTURES!.COM, INC.
(Exact name of Registrant as specified in its
Charter)
IDAHO |
000-49990 |
82-0475383 |
(State or Other Jurisdiction of |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
Incorporation) |
|
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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 2.01 Completion of Acquisition or Disposition of Assets.
On September 5, 2013 PCS Edventures!.com, Inc. (PCS) entered into
an Asset and Liability Agreement (the “Sale Agreement”) with JAK, Ltd. (“JAK”), dated September 5, 2013, pursuant
to which (i) JAK will acquire the assets of the PCS Labmentors subsidiary for a purchase price of $150,000 (the “Purchase
Price”) to be paid by JAK assuming $99,260.37 in liabilities associated with the subsidiary and $50,739.63US in the form of
a promissory note secured by Labmentors’ intellectual property.
This transaction has a positive impact on the company’s balance
sheet but results in no immediate cash to the company.
Item 7.01 Regulation FD Disclosure
On September 9, 2013, the Company announced the closing of the Labmentors
disposition described in Item 2.01 of this Current Report on Form 8-K. A copy of the Company's press release, dated September 9,
2013, is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibit
(d) Exhibit No. Exhibit
Description
99.1 Press Release dated September 9, 2013
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.
Dated: |
September 9, 2013 |
|
By: |
/s/ Robert O. Grover |
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Robert O. Grover |
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CEO |
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