PCS Edventures!.com, Inc. (OTCMKTS:PCSV) has taken a hit today in afternoon trading after the company announced the resignation of board members Paula LuPriore and K. Sue Redman. The resignations were effective as of last week (December 10), and the company says that it had nothing to do with any disagreement between the company and LuPriore.
This news means that Todd R. Hackett remains as the sole Director of the company, who has now been appointed as CEO of PCS Edventures!.com, Inc. (OTCMKTS:PCSV). The company, which specializes in “hands-on STEM education” will be moving forward as is.
The stock is down 40.48% or $0.034 following the news, hitting $0.05 per share. Approximately 8,450 shares traded hands. PCSV shares have risen 60.00% since May 12, 2015 and are currently uptrending. It has outperformed the S&P500 by 63.68%.
PCS Edventures!.com, Inc. specializes in K12 education. The company has a market cap of $3.76 million. PCS owns robotics software, hardware, and K12 content, as well as lab packages that teach topics of science, technology, engineering, and math (STEM). It currently has negative earnings. PCS educational solutions are implemented through the development, marketing, and distribution of educational services and products that target the PreK-12 market and are marketed through STEM Learning Centers called Edventures! Labs.