Insider Buys At Pcs Edventures!.com

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Jul 15, 2015

Todd Hackett (Insider Trades), Co-CEO and 10% owner of Pcs Edventures!.com (PCSV), bought 100,000 shares of the company on July 13. The average price per share was $0.26, for a transaction total of $26,000. Pcs Edventures!.com designs and delivers science, technology, engineering, and math (STEM) education products worldwide for the K-16 market. The company's market cap is $18.56 million, and the P/S ratio is 6.29.

Hackett made 21 of the 26 insider transactions with PCSV, totaling 19,462,702 shares since December 2010. All of his transactions were buys. Only one insider sell of 10,000 shares was made in December 2010. 03May20171042421493826162.png The volume and frequency of insider buys increased as the month end price of the company reached the 3-year low of $0.03 per share. There were 7 insider buys of PCSV in 2012-2014, but there have been 15 insider buys in the first half of 2015 alone. 03May20171042421493826162.png Hackett made all insider transactions with the company in 2015, but PCSV director Murali Ranganathan (Insider Trades), bought 665,274 shares of the company for an average price of $0.04 per share on July 21. For more information about insider trades with Pcs Edventures!.com, click here.

Pcs Edventures!.com Inc. announced two separate purchase orders totaling $400,000 on March 20, 2015. Hackett stated that these orders illustrate PCS Edventures!.com’s ability to “monetize our core STEM expertise," and is “looking forward to seeing a lot of growth in a number of diverse revenue areas [in 2015].” PCSV also announced a receipt of $120,000 from one of the largest education departments in the country. Hackett predicted that the company “will be profitable in fiscal year 2016” because of the company’s global growth, research and development accomplishments, and established retail line, along with “streamlining and improving its products.” Total revenue for the company was $2.9 million in the first quarter of 2015. Though total revenue for PCSV increased 7.08% over the last 5 years, net income decreased 11.84% in the same period of time. Net loss for PCSV was $1.45 million in the first quarter of 2015. 03May20171042431493826163.png 03May20171042431493826163.png

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