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
September 5, 2006
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Date of Report
(Date of Earliest Event Reported)
PCS EDVENTURES!.COM, INC.
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(Exact Name of Registrant as Specified in its Charter)
IDAHO 000-49990 82-0475383
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(State or other (Commission File No.) (IRS Employer I.D. No.)
Jurisdiction)
345 Bobwhite Court, Suite 200
Boise, Idaho 83706
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(Address of Principal Executive Offices)
(208) 343-3110
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Registrant's Telephone Number
N/A
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(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 14a-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))
Item 5.02. Departure of Directors of Principal Officers; Election of
Directors; Appointment of Principal Officers
a) Not applicable.
b) Ms. Christina M. Vaughn was elected as Vice President and Chief
Financial Officer in May 2002. She served in this capacity until
September 1, 2006. She will remain Vice President of the
Corporation. (See Item (c)(1) below for further details.)
c) 1) Ms. Christina M. Vaughn was elected as Chief Compliance
Officer as of September 1, 2006, after serving as the Chief
Financial Officer from May, 2002, to September, 2006.
Ms. Shannon M. Wilson was elected Vice President and Chief
Financial Officer, after serving as the Assistant CFO from August,
2005, to September, 2006, to replace Ms. Vaughn effective September
1, 2006.
2) Compliance with Items 401 and 404 of Regulation S-B after the
effect of Item (c)(1) above.
Item 401(a)(4) - Business Experience.
Christina M. Vaughn. Ms. Vaughn was promoted to Vice President and Chief
Compliance Officer on September 1, 2006. Prior to this promotion, she has
worked with the Company as the Vice President and CFO (May 2002-September
2006) and Assistant CFO (September 2000-May 2002). Prior to joining PCS, she
served eight years as an analyst for the local natural gas utility company.
She continues to bring to PCS extensive knowledge of revenue, cash and cost
forecasting, asset/liability mitigation and managed reporting of commodities
pricing, as well as capital project analysis. She graduated, cum laude, in
1990 from the College of Idaho with a Bachelor of Business Administration in
Finance, and in 1992 from Atkinson Graduate School of Management/Willamette
University with a Masters of Business Administration.
Shannon M. Wilson. Ms. Wilson was promoted to Vice President and Chief
Financial Officer on September 1, 2006. Ms. Wilson joined PCS as the
Assistant Chief Financial Officer in August, 2005, after working as a Chief
Accountant for Washington Group International in the financial reporting
department-internal reporting. Prior to working for Washington Group
International, she was employed as a Registered Paralegal and Office Manager
for an intellectual property law firm. She brings to PCS extensive knowledge
of legal obligations and proceedings, intellectual property protection needs
and management, cash management skills, capital project evaluation, GAAP
knowledge and financial reporting expertise. She graduated in 2002 from
Boise State University with a Bachelor of Business Administration in Finance
and in 2003 from Boise State University with a Masters of Business
Administration. In addition, she is a Registered Paralegal with the National
Federation of Paralegal Associates.
Item 401(a)(5) - Not applicable.
Item 401(c) - Family relationships.
There are no family relationships between any of our directors or
executive officers.
Item 404(a) - Certain Relationships and Related Transactions.
During the month of August, 2005, we issued options to purchase 100,000
shares of common stock at $0.61 per share for employee compensation to Shannon
M. Wilson.
During the month of May, 2006, we issued options to purchase common stock
to employees for employee compensation, including options to purchase 40,000
shares of common stock at $0.54 per share to Shannon M. Wilson.
3) None, not applicable.
d) Not applicable.
Item 9.01 Financial Statement and Exhibits.
Exhibit No. Exhibit Description
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99.1 Board Minutes of August 31, 2006
99.2 Press Release dated September 5, 2006
* Summaries of any exhibit are modified in their
entirety by this reference to each exhibit.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned hereunto duly authorized.
PCS EDVENTURES!.COM, INC.
Date: 8/31/2006 /s/Anthony A. Maher
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Anthony A. Maher, CEO, President and
Chairman of the Board of Directors