PCS Edventures! Announces Restricted Stock Purchase By CEO
This brings Mr. Hacketts total ownership of Companys common stock to 44.8%.
BOISE, Idaho, Sept. 10, 2019 (GLOBE NEWSWIRE) -- PCS Edventures!, Inc. (PCSV), a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) education programs and drone products, today announced that Todd Hackett, Chairman and CEO, recently purchased 833,974 shares of the Company’s Rule 144 restricted common stock in a private transaction with another individual, at 4.9 cents per share. This brings Mr. Hackett’s total ownership of Company’s common stock to 44.8%.
Todd Hackett commented, “I am comfortable with my ownership position in the Company and can see a bright future for PCS. Given this, it is difficult for me to pass up an opportunity to increase my ownership level at these prices.”
Michael Bledsoe, President, commented, “I look forward to the day that the Company can begin to buy its stock in the open market to reduce share count. Given the current lack of liquidity in our stock, I appreciate Todd buying shares that otherwise may have made it to the open market. I share his enthusiasm about our future and likewise feel that our stock is undervalued.”
For more information about PCS Edventures!, visit our website.
About PCS Edventures!
PCS Edventures!, Inc. (OTCPK: PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st-century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts and Math (STEAM). https://www.edventures.com
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
Investor Contact: Michael J. Bledsoe 1.800.429.3110, [email protected]
Investor Relations Website: pcsv.global
