APZ 0.76% $1.95 aspen group

Ann: Successful Completion of Security Purchase Plan, page-2

  1. 449 Posts.
    Large tranche of shares for institutional investors.
    Large tranche of shares for management.
    Small tranche of shares for existing shareholders, scaled back to higher of $30,000 or 0.65x number of shares held.

    I'm impressed with APZ's recent deals, but it's very disappointing to be a shareholder in a company that puts shareholders well down the list. Why not an underwritten SPP to raise the total amount from shareholders?
 
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