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PCS Edventures!.com, Inc. Message Board

  • bankersbox1234 bankersbox1234 May 29, 2007 6:21 PM Flag

    Agreement was b/t PCSV US and PCSV ME, doesn't hold water

    On March 27, 2007, PCS Edventures!.com, Inc. (PCS) entered into a License Agreement for Educational Curriculum and Content with Global Techniques dba PCS Middle East (PCS ME). The License Agreement allows PCS ME to utilize and reprint copies of a portion of the PCS BrickLab(r) curriculum, namely PCS BrickLab(r) ITEA Grade Series Level 1, 2, 3, and 4, and PCS BrickLab(r) Survey Level 5 in up to 5,500 sites within the Kingdom of Saudi Arabia. For use of this portion of the PCS BrickLab(r) curriculum, PCS ME has agreed to pay PCS the sum of Seven Million One Hundred Fifty Thousand and No/100 US Dollars ($7,150,000). Full payment was expected to be received in a single sum payment no later than May 15, 2007.

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