Current Report Filing (8-k)
March 01 2016 - 2:09PM
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
29, 2016
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 |
|
(Commission
|
|
(I.R.S.
Employer |
of Incorporation) |
|
File
Number) |
|
Identification
No.) |
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))
REFERENCES
References
in this Current Report to PCS Edventures!.com, Inc., refer to the Registrant and its subsidiaries, including the words “PCS”,
“PCSV”, “we”, “our”, “us” and words of similar import.
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
2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
See
Item 8.01 below.
Item
8.01 Other Information.
On
February 29, 2016, Mr. Hackett, the holder of these promissory notes, approved a Note Extension Agreement extending the due dates
of the specific Promissory Notes detailed in the Note Table below:
Note
Table
Note Holder | |
Original
Principal
Balance | | |
Principal
11/30/15 | | |
Origination
Date | |
Original Due
Date | |
Amended Due Date | |
Interest Rate |
Todd Hackett | |
$ | 870,457 | | |
$ | 892,679 | | |
10/21/14 | |
05/31/15 | |
4/30/2016 | |
10% |
Todd Hackett | |
$ | 400,000 | | |
$ | 400,000 | | |
01/16/15 | |
06/30/15 | |
4/30/2016 | |
10% |
Todd Hackett | |
$ | 135,000 | | |
$ | 135,000 | | |
2/17 & 3/5/15 | |
06/30/15 | |
4/30/2016 | |
10% |
Todd Hackett | |
$ | 135,000 | | |
$ | 40,000 | | |
04/20/15 | |
06/30/15 | |
4/30/2016 | |
10% |
Todd Hackett | |
$ | 200,000 | | |
$ | 200,000 | | |
10/21/14 | |
10/22/15 | |
4/30/2016 | |
10% |
Todd Hackett | |
$ | 100,000 | | |
$ | 100,000 | | |
2/6/16 | |
2/29/16 | |
4/30/2016 | |
10% |
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:
March 1, 2016 |
By: |
/s/
Robert Grover |
|
|
|
Executive
Vice President |
PCS Edventures Com (PK) (USOTC:PCSV)
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