|
Quotes & Info
|
| PCSV > SEC Filings for PCSV > Form 8-K on 21-Jun-2012 | All Recent SEC Filings |
21-Jun-2012
Regulation FD Disclosure, Other Events
On June 18, 2012, PCS Edventures!.com, Inc. ("we," "our" or "us" and words of similar import) disseminated a Press release with respect our STEM Academy Partnership progress. See the Press Release attached as Exhibit 99.1.
On April 18, 2012, we agreed to enter into a Promissory Note with Anthony A. Maher for $25,000 at an annual rate of 7.5% interest. The balance is due in full on or before April 18, 2017. Final loan documents between Mr. Maher and us were not executed and delivered until June 15, 2012.
On June 13, 2012, our $15,000 Convertible Promissory Note with Anthony A. Maher and our $35,000 Convertible Promissory Note with Maher Family Partnership, LLP, dated February 29, 2012, were extended from the original respective due dates of May 31, 2012, to July 31, 2012, under the terms and conditions of the original Promissory Notes.
On June 14, 2012, Todd Hackett, a Convertible Promissory Note Holder and one of our shareholders, converted a $50,000 Convertible Promissory Note dated February 29, 2012, into 1,028,770 shares of our "restricted" common stock in accordance with the terms of his Convertible Promissory Note.
On June 14, 2012, we executed a Promissory Note in favor of Todd Hackett, a Note Holder and one of our shareholders, for $60,000 at 15% interest per annum, secured by seven of our sales orders to finance inventory purchases. The Promissory Note is due on or before August 14, 2012. There is no conversion feature associated with this Promissory Note.
On June 7, 2012 Leann R. Gilberg, Robert O. Grover and Brett Newbold, three of our officers, as well as Anthony A. Maher, an employee and shareholder, and Todd Hackett, a shareholder, each converted his/her respective $2,400 Convertible Promissory Note dated May 3, 2012, into 60,288 shares of our "restricted" common stock in accordance with the terms of said Convertible Promissory Notes. Form 4's were filed for the three officers on June 12, 2012.
|
|