Item
5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
The
Board of Directors of PCS Edventures!.com, Inc. (the “Company”) has accepted the resignation of Russelee Horsburgh
as Vice President and Treasurer of the Company. Russelee will remain an employee of PCS Edventures!.com, Inc. focused on financial
analysis, reporting, and supporting the new incoming Vice President and Treasurer. There were no disagreements between the Company
and Mrs. Horsburgh regarding her resignation and transition to this new role.
The
Company intends to appoint Michael Bledsoe to the Vice President and Treasurer position on July 1, 2016.
On
June 8, 2016, we appointed Michael Bledsoe as an uncompensated Director to our Board of Directors.
Michael
Bledsoe has no family relationships with anyone at PCS.
Michael
Beldsoe is 50 years of age. He has over 27 years of experience in the investment industry which includes managing institutional
equity and fixed income portfolios, conducting asset allocation studies and developing investment policy for pension plan sponsors
and foundations, and reporting to various Boards and Investment Committees. He is currently employed at D.A. Davidson as a Senior
Vice President and Portfolio Manager, a position he has held for the past 18 years. Prior to that, Mr. Bledsoe held the positions
of Vice President and Portfolio Manager at U.S. Bank, Portfolio Manager at D.B. Fitzpatrick, and Investment Consultant at Dorn,
Helliesen & Cottle. Also, he was an adjunct faculty member at Boise State where he taught classes in personal investing. He
received a BBA in Quantitative Management with an emphasis in Finance from Boise State University in 1989, and an MBA from Boise
State University. He has been a CFA Charter holder since 1994.
On
June 8, 2016, we appointed Robert Grover as an uncompensated Director to our Board of Directors.
Robert
Grover has family relationships in PCS with Heidi Grover, spouse, who is the Director of Development and with Dahlton Grover,
daughter, Channel Partner Development.
Robert
Grover is 53 years of age. He has spent the last 28 years with PCS working in the field of education designing, developing, and
creating learning programs and services intended to facilitate student-centered, experiential learning. Mr. Grover has extensive
experience in STEM education and has worked closely with a variety of organizations to design, implement, and study successful,
hands-on STEM programs including the United States Department of Education, the National Science Foundation, the Boys and Girls
Clubs of America, the YMCA, the US Army, the US Air Force, NASA, Boise State University, Idaho State University, SECME, the Kingdom
of Saudi Arabia, and many others.
A
Merit Scholar, Mr. Grover attended Michigan State University for course work in Astrophysics, Philosophy, Computer Science, and
Religious Studies; he attended the University of Idaho for additional coursework in History, Religious Studies, and Philosophy;
and graduated with a B.A. in English, Creative Writing and an A.A.S in Management from Boise State University in 1988.