PCSV PCS Edventures Com Inc (PK)

 

 

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

July 30, 2015

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)

 

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))

 

FORWARD-LOOKING STATEMENTS

 

Except for historical facts, all matters discussed in the Press Release attached to this Current Report, which are forward-looking, involve a high degree of risk and uncertainty. Certain statements in this Press Release set forth management’s intentions, plans, beliefs, expectations, or predictions of the future based on current facts and analyses. When we use the words “believe”, “expect”, “anticipate”, “estimate”, “intend” or similar expressions, we intend to identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated in such statements, due to a variety of factors, risks and uncertainties. Potential risks and uncertainties include, but are not limited to, competitive pressures from other companies within the Educational Industries, economic conditions in the Company’s primary markets, exchange rate fluctuation, reduced product demand, increased competition, inability to produce required capacity, unavailability of financing, government action, weather conditions and other uncertainties, including those detailed in the Company’s SEC filings. The Company assumes no duty to update forward-looking statements to reflect events or circumstances after the date of such statements.

 

Item 7.01 Regulation FD Disclosure.

 

See Item 9.01, Exhibit 99.

 

The information contained in this Item 7.01 and in Exhibit 99 is being furnished, and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under such Section 18.  Furthermore, the information contained in this Item 7.01 and in Exhibit 99 shall not be deemed to be incorporated by reference into our filings under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.

 

Item 9.01 Financial Statements and Exhibits.

 

(b)     Exhibits.

 

Exhibit No.		Exhibit Description
99		Press Release dated July 30, 2015.

 

 

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:	July 30, 2015		By:	/s/ Robert Grover
				Robert O. Grover
				CEO

 

 

 

Contact		Robert Grover	FOR IMMEDIATE RELEASE July 30, 2015
Telephone		800-429-3110 ext. 119
Email		Robert@Edventures.com
Website		www.Edventures.com

 

PCSV Discusses Strengthened Balance Sheet

Management Discusses Shareholder Confidence and Growth Strategy.

 

Boise, Idaho, July 30, 2015 -- PCS Edventures!.com, Inc. (PCSV), a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) programs today elaborated on the details behind the removal of $159,901 in long term debt from the Balance Sheet as reported in an 8K filed July 23, 2015. Co-CEO Todd Hackett and three other shareholders executed convertible notes with a strike price of $0.15 share. "The conversion of this debt is a strong vote of confidence in the Company's future, said Mr. Hackett, as these are Rule 144 shares that must be held at least six months. This Company is turning around, and we are all excited to be part of the long term company vision."

 

In addition to the strengthened balance sheet, the Company is looking forward to its earnings announcement in a few weeks when the 10Q for FY2016 1st quarter will be released. Robert Grover, Co-CEO with Mr. Hackett said, "We are excited about the progress and growth in the Company, and are counting down to our annual shareholder's meeting set for September 25th. During that meeting we will be reviewing the successes to date, discussing the strategy behind our uplisting to the OTCQB, which is planned for August, and elaborating in more detail on our growth strategy for the Company."

 

The Company strategy aligns with the intersection of three rapid growth market segments - mobile learning, robotics, and STEM education. PCS has deep expertise and technology in STEM and robotics, including hardware, software, and a content library of over one hundred K12 STEM titles, ranging from introductory robotics and nanotechnology to drones and aerospace engineering. The Company growth strategy focuses on building distribution channels to monetize this IP and expertise through product sales and digital content delivery to homes, schools, afterschool programs, and EdventuresLab sites.

 

About PCS Edventures!

PCS Edventures!.com, Inc. (OTCPINK:PCSV) designs and delivers educational products and services to the K-12 market that develop 21st century skills. PCS programs emphasize hands-on experiences in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries. Additional information on our STEAM products is available at http://www.edventures.com.

 

 

 

PCS Edventures is headquartered in Boise, Idaho, and is listed on the OTC Pink platform under the symbol "PCSV."

_ _

 

This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as PCS Edventures, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statement.

 

Contact Information:

Investor Contact: Robert Grover (800) 429-3110, robert@edventures.com

Investor Relations Web Site: www.edventures.com/investors

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