0001010412-13-000004.txt : 20130108 0001010412-13-000004.hdr.sgml : 20130108 20130108172030 ACCESSION NUMBER: 0001010412-13-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130107 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130108 DATE AS OF CHANGE: 20130108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PCS EDVENTURES COM INC CENTRAL INDEX KEY: 0001122020 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 820475383 STATE OF INCORPORATION: ID FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49990 FILM NUMBER: 13518943 BUSINESS ADDRESS: STREET 1: 345 BOBWHITE COURT STREET 2: #200 CITY: BOISE STATE: ID ZIP: 83706 BUSINESS PHONE: 208-343-3110 MAIL ADDRESS: STREET 1: 345 BOBWHITE COURT STREET 2: #200 CITY: BOISE STATE: ID ZIP: 83706 8-K 1 f8kcurrentreport010713q3prel.htm CURRENT REPORT ON FORM 8-K DATED JANUARY 7, 2013 United States Securities and Exchange Commission



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

January 7, 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)

 

 


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 2.02 Results of Operations and Financial Condition.


See the Press Release attached as Exhibit 99.1.


Item 7.01 Regulation FD Disclosure.


See the Press Release attached as Exhibit 99.1.


Item 9.01 Financial Statements and Exhibit


(d)

Exhibit No.

Exhibit Description


99.1

Press Release dated January 7, 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:

January 8, 2013

 

By:

/s/ Robert O. Grover

 

 

 

 

Robert O. Grover

 

 

 

 

CEO




2


EX-99 2 f2013january7q3revenuesfinal.htm PRESS RELEASE DATED JANUARY 7, 2013 GE Press Release





[f2013january7q3revenuesfi001.jpg]

PCS Edventures, Inc.

345 Bobwhite Ct. Suite 200

Boise, ID  83706

(800) 429-3110 • (208) 343-3110

http://www.edventures.com  



PCS Announces 63% Increase in Q3 Revenues over FY2012 Q3


BOISE, Idaho – January 7, 2013 – PCS Edventures!.com, Inc., (PCSV) a leading provider of K-16 programs focused on Science, Technology, Engineering and Mathematics (STEM), today announced its preliminary Q3 revenues of $601,748.


The Company reported pre-audit revenues for the quarter ended December 31, 2012 with revenue of $601,748, up 63% from the same quarter last year with revenues of $368,743.  


The source of revenues was primarily robotics related sales into the afterschool market.  Educational robotics kit sales worldwide are projected to exceed $1.6B in 2014, and PCS Edventures is actively pursuing this market.  The establishment of these robotics products into organizations across the United States continues to expand the PCS footprint in the US educational robotics market.  In addition, revenues from the new Learning Center pilot program launched this fiscal year increased from $8,522 in Q2 to $22,702 in Q3, a 188% increase due in part to the retail response to holiday sales.  The Company is actively exploring retail strategies to offset the dip in institutional revenues traditionally seen in Q3.


Robert Grover, PCS CEO said “We decided to release these preliminary revenue numbers to notify shareholders that we are continuing to make improvements on a quarterly basis, and are working very hard to continue this trend.  Our continued success with educational robotics is thrilling, and our business plan continues to evolve as we gather data and metrics on our other initiatives.  We plan to grow a number of very stable and dependable revenue streams to maximize shareholder value.”


Krystal Wright, PCS Controller, cautioned shareholders and investors by saying “I wish to emphasize that these revenue figures are pre-audit and do not represent management’s review or closing adjustments and are preliminary only.  We are unable to release any information on earnings or other details until our audit is complete.”


To learn more about PCS’s new and continuing initiatives, visit the PCS Investor News website. http://pcsedu.com/news


About PCS Edventures!


PCS Edventures!.com, Inc. (PCS) designs and delivers educational products

and services to the K-16 market that develop 21st century skills. PCS programs








emphasize hands-on experiences in Science, Technology, Engineering and

Math (STEM) and have been deployed at over 7,000 sites in all 50 United

States and 17 foreign countries. Additional information on our STEM products is available at http://www.edventures.com.


PCS Edventures is headquartered in Boise, Idaho, and its common stock is

listed on the OTC Bulletin Board under the symbol "PCSV."

_ _

This press release contains forward-looking statements within the meaning of

Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act

of 1934, actual results could differ materially from such statements.


Contact Information:


Financial Contact: Krystal Wright 1.800.429.3110 x115 kwright@pcsedu.com

Investor Contact: Robert Grover 1.800.429.3110 x119, rgrover@pcsedu.com

Investor Relations Web Site: www.pcsedu.com/news






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