0001354488-12-003843.txt : 20121105 0001354488-12-003843.hdr.sgml : 20121105 20120803160816 ACCESSION NUMBER: 0001354488-12-003843 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120803 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASPEN GROUP, INC. CENTRAL INDEX KEY: 0001487198 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 271933597 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 720 SOUTH COLORADO BOULEVARD STREET 2: SUITE 1150N CITY: DENVER STATE: CO ZIP: 95765 BUSINESS PHONE: 646-450-1843 MAIL ADDRESS: STREET 1: 720 SOUTH COLORADO BOULEVARD STREET 2: SUITE 1150N CITY: DENVER STATE: CO ZIP: 95765 FORMER COMPANY: FORMER CONFORMED NAME: Elite Nutritional Brands, Inc. DATE OF NAME CHANGE: 20111011 FORMER COMPANY: FORMER CONFORMED NAME: Hidden Ladder, Inc. DATE OF NAME CHANGE: 20100315 CORRESP 1 filename1.htm aspu_corresp.htm

 
MICHAEL D. HARRIS

E-MAIL ADDRESS:
mharris@nasonyeager.com
 
DIRECT DIAL:
(561) 471-3507

FAX NUMBER:
(561) 686-5442
SABADELL UNITED BANK TOWER
1645 PALM BEACH LAKES BOULEVARD
SUITE 1200
WEST PALM BEACH, FLORIDA 33401
 


TELEPHONE (561) 686-3307  FACSIMILE (561) 686-5442
www.nasonyeager.com

August 3, 2012

VIA EDGAR
Ms. Leigh Ann Schultz
Staff Accountant
Division of Corporation Finance
U.S. Securities and Exchange Commission
Washington, DC  20546

Re:           Aspen Group, Inc.

Dear Ms. Schultz

In accordance with our discussions this week concerning the propriety of our client, Aspen Group, Inc. (the “Company”), carrying the accounts receivable from Higher Education Management Group, Inc. as an asset on its balance sheet, the Company intends to convene a meeting of the Board of Directors on August 10, 2012 to approve management’s recommendation to restate its financial statements for the years ended December 31, 2010 and 2011 and the three months ended March 31, 2012.

We will contact you following the meeting of the Board of Directors of the Company.  This further acknowledges that if the Board approves the Resolution of the Company’s financial statements, a Form 8-K will be required to be filed.
 
  Very truly yours,  
     
  NASON, YEAGER, GERSON, WHITE & LIOCE, P.A.  
     
  /s/ Michael D. Harris  
     
  MICHAEL D. HARRIS  
 

cc:  Mr. Michael Mathews (via email)
       Mr. David Garrity (via email)
       Mr. David Hexter (via email)
       Scott Salberg, CPA (via email)

GRAPHIC 2 logo.jpg begin 644 logo.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+ M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V3Q5K&HZ# MH<^IZ?I<6H_9T:26%KDPL5`S\F$;R\?Z;7< M0/X6#;1D'Z<']>DU_P#Y`-[_`-)]'NM;L2PMKFYW`.,%2(T#`_0@C\*PO#GB?4_^ M%G:EI.JR-]DU.U2^TE3T6-?E*C/QZ+17E>O^ M+(M$\>75MXMEU;3].&QL8<+NVY)7!Y&,8I)7M;J-Z7OT/5**\O\57U MUX#\3^'4M+V_N-(UBO7KW45G*]E! M%/3(.TA5\L` MX.,\CJ.M=7X7L[>VL)I+:[O+J.:>0K)D>/].!$-Q*(+Z)3C><<\?[2`_BH-"TDD]G^8/6+MNCU:\UC68?%%KI=KH] MK<67.]9=17>P1RK1QD?( M@93D$`]0?O$D5Y-X*NX;[5]>TW5M1\3W$J:R]E9LFHWPCBCR0`TBOL!&.C') MHL[\O7_@_P#!"ZMS=#W"BL>\%SI7AI+2UG>XOA$MM;S7#%F>0C:&<]3_`'B? M8UR?@7QE.WPUO;S63)+J6@B:"_5CEV:($Y)[DC'/KFAM:OM_7^7WC2;LNYZ) M17G7@&.[\:^'(/$^MZEJ'GWU,WT5ZHAN8;IX&\IV`VLL956P!C./?J33::=F):['K-%<5X;L=-U6 M62YL;OQ%&MMF">.]OKP>;NC!)V3-N7&X$,`#D<5YMHNJVQM/&4&H^*]6CU6S MOYH=)A_MF=ICMR$5(C)^]^;`P0O-'\+Z<-5 MFL2!=7,MQY%M$QS\N\*Q9N#P%(XZU!'>>)8?@Y<7>K*4\0)IDKOA0&#A6VD@ M?Q8P2/6N6_9SCC'@2_E`'FOJ#!SW.$3'\S3Y?>DNR_6PK^ZGW.Z/BJ]LM3P3R.U<%H][!'\0/%6EZGJ'B>XM+>YMX;&*+4;XK%YAP M=[H_RC)'+GMQ0O>T7];?YC>FI[C17D7Q3AF\,Z+X;:#7=7A']I1VL\YU.9"\ M!+,0Y#@$@<;SS@=:OZ'=W;_$J.+POJUSJGA?[(QOI);Q[N&*;G:$E=F.[[N5 M!X!SWI+7\?P5_P"O,'I_7G8].HKQ[1O%T3:K/H_B74]5T/Q8TS*K3S.+692Y MVB-3F,*1A<[0WHQ-:7A[5+SX@>-_$D-U>WMMHVC3"U@MK.Y>W,DF6#.[QD.? MN\#..1QQ32OM_7]7!Z7N>GT5Y/#JE]#XR\1^!;V_OKBSBL?MUA="ZD2XA`4' M895(9AD]223CG.:JZ/K.I^&M5N?`GC+4;V>&]5I-)U?[3(DDHZ[#(&#!@??V MZ$4NEU\OZ[CM9_U_74]BHJCHULMIHUI"DD\@$0.^XG>9V)Y)+.23R?6KU-JS ML2G=7,;Q1!K%WHLMKHD5B]S,-I:]G>-$'J-J,6/MQ]:NQPRW^DF#5[6V#S1E M+B"*0RQD'@@,54D$>PJY12Z68^MS@K'P7J/ACPE<^'_#RV<]M/=R/_I=U)"4 M@?&Y`RHQW8RH/;@\GBN>\:^'K;2-<\/:EIVM:5IVIV+^=NUWQ#.VY.C1HLN[ MY3_>&/IZ>O5P?Q?\+KXG^'U\D<0>\LU^U6YQR"O+`?55""721E)V#YB0>=H/0U4T:\@\?_```^QW*+ M/?)$+%%R`?M"D"(^W\!SZ9H^#GBF7_A6U_ILZC[?HTK6Z1-P6WG]V#_P,E?P MJVK.272UOR7Y_CJ2G=)OK=/^OZV.A31V\>:QI?B"]O-'N+/2'=K6TTR]-S$\ M_!#/-L7&,#Y0O'7)Z5T%KH]SJOAV\TKQ-86/EW+R;H[:X:961V+=61""">P[ M9]JY_4O$^H>#=9\/>$[+0[2Z2_3RK6=K]HN44;BZB)L_\<:S:^/X MO"5OH%C+<3VQNHIY-3=$*#(^8"`D'@\#/UI.S5EMK_P1ZK5[Z?\``_KN;G@W MPX/"7ABVT1)O.CMFDV2$NX_058\,^/O$'BJ&\DL/#%DOV6]:RD\W56`#*,LQ(@/R]!Z MY/2H]%^(7B'7KG7+>P\+6+S:/.;>=#JS@R-DCY/W'(^4]<4G>3N_4%[OY?G_ M`,$ZW1$UJWT%(-1M;!;V"(1QK;W3O')M4`$L8U*Y/8!L>_2N,\)>%_&/A>;7 M9#8Z!=_VI?->J&U&9/)8DG'_`![G=CCGCI5O2?'>OZQK^M:-!X>TN.XTAD6X M>;6'",6SC:1;DGIW`JM\2O'.M>%OA[;ZC%9Q6.JW=P+4AW\U;<_,2P.T;^%X MXZ'/;!;NWS=_^'%HO=[&NVB>(M5N]/BUU+,V4*M)++8:I<03"9@>5V(I*@$J M`7'!R?2N1MM,M/"/CS6TNM8\.6VB:M&$N['4-<=KHC!'F_O%SD@G@L>OWJ@T M/Q%XR\-?$C1O#VOZ]::[;:Q"91Y"#=#D$AA@`XR#[$9Z4S]I%%/A/1WVC<+_ M``&QSC8W^`J6[?E]Y2UT_K0WO#WAZ2'PC-X?T6?0/$_AQI'6*2XN^803NVG9 M'(LA4G(^[VK'O/A!J=K\-%\)Z1)I4MS/<">[OYRT#,5;*KM5'+#&1DD8].:] M7T90NAV"J``+:/`'^Z*Y/Q)XYU70O&6E>'H="L[DZJ6%K.VHM'C:!G>ODMMZ M]BU6])V6_P#D3%WCS?/[S1B7QBTMJKZ?H=M#'S.T6H2N\VU3M49@7:"V,GGC M/!KC-.^%FIW6G^(]/U]--6/5+U]0M[FTN9'DM)B?EP&C7.,GG(],<\=8/&LN MI>(KS0_#VG0ZA=Z>!]NFGNC!!"QS\@<([,V1V7'7GM2Z=X_L'O\`5=,UF,:5 MJ6EQ>?N\0B M?UCE56P,=BIZ#FM/0_%6J>)+:/4M,T)!I$F3%-=WGE32@9^9(@C#!QQN=>O2 ML?6OB-JFE:OHEBOAJ(_VS,T-O]IU`Q/&ZL%(D58G`Y/\+-3=^;S8E;E\EJ-C M^'^IZA\3+7QOJES9VTUM%Y:6%LS3*WRLH)E94_O9^Y46A>%_%^B^+/$6MM8Z M#<+K+QO]G.I2KY6S./F^SG=U]!79:5?ZU<7DL.IZ79V\03*3VE\UPK,#@J*LQ^# MM>T7QB?$'A[^S88-1CSJVF37+B(R_P!^)Q&>>O)49].>$M_B=-!#X>N]:T2. MST_7BBVMQ;WOGF-VQA9%,:8Z]1NKT&65((7FE8+&BEF8]@.2:;7+OY_\']/S M%\7]?UYG"ZSX-U;Q#X=M_#VKC2[J!%3.IY99XR"/N1[2-V!C=O&U36_@ M_4/#?BK4M;\-FSFBU0(;JQO)6A`D7/[Q9%5\9R<@KSGJ*U?!GC"R\:Z(^I6< M;1".>2!XG.64J>,^F1@X]ZZ*C5?UW"]S@[?P9J5O?Z[XCD-E=^(M4A%O'&TK MQV]M%@#8'VLS=,D[1G`X6M'Q3X.B\<>$1IFLPP07H7?')`YD$$HZ%6*J2/7@ M<5U=%+I8=W>Y%;1&&TAB8@LB*I(Z9`Q4M%%-N[N2E96"BBBD,*1E5U*L`5(P M0>XI:R]2GUZ*X5=+TW3;F#8"SW6H/`P;)X"K"X(QCG/<\<<@'E_PR\(7_A[X MA>)[!@5T6TN%GMD(/S.X;80?9&(/OCTJ3P_X0NM,^.^NM%E-(GA34&0#Y7=F M^4?@X=OPKT#[9XP_Z`6A_P#@YF_^1:/MGC#_`*`6A_\`@YF_^1::=FGV5@>J M:[_U_7J>=_%"_P!'?XH^"[>]U.*".W>;[44O#"\`8+M+.K!DSV.156:]\/:# M\?[!AK4:VL6EO'-->ZFTPCD);Y"\KL5.,?+D=>G->G?;/&'_`$`M#_\`!S-_ M\BT?;/&'_0"T/_P5%,4.3P'"2C('!SC/%6OB5XI'Q`ETK MP/X92WN#JKF872%-L`3CMD9]17-_$#P#J.OZMIGB/PYJ,>G^(-.&R.60961,GY3P>FYNQ!W M$&A?"EV!ZMON>-Z!J"?!SQ/K47B#21>:U#;K_9MTSMM=#A<+U`4KWQD;2OJ* MZ#XW^);76_`/ADO)!#J=PT=Y+8K(&DA5XB>1U`^8=:N>(?AA\1?'8\_Q+JVD M1R6D3?9(88\AG.."0H(!QU)./2O5[2+Q-I?A_2[1(=-U.]B@$=U--=/:J6`` M!4+$^<\Y^[TZ#].\,V]Q+XDTMC#:H6BBND>4D*.`@.[/MB MO//$'BFPO?B%\.M2O-1M(76)Y[L/,@^S>8H90_/R\$=:]6^V>,/^@%H?_@YF M_P#D6C[9XP_Z`6A_^#F;_P"1:J_O[R^5CA/!7E^`?%_BJ#Q!/'9V M>I7(O++49V"03*Q8[?,/RAAGH3GK7.^*_".I_$CQ=X@UG1/,73XM.6WM9R=J M7T@PVU"?O(>1NZ9Q7KOVSQA_T`M#_P#!S-_\BT?;/&'_`$`M#_\`!S-_\BU+ M5TK]%;]/R+3L[KU_7\S"\!^*M(M?"6DZ1J-W%I^K6ENEO+I]T1%/N08^6,\L M#C((!S7(?%?5=)N_'7@:*YOTMUAN6:Z4W)@EMT8QD%RY'.20:],^V>,/^ M@%H?_@YF_P#D6C[9XP_Z`6A_^#F;_P"1:IN\U-][DI6BXKM8YR/QUX0\(:++ M;V6K-K$-JLMU+]DG%U(B-)_$^XY.Z0#YFSCDU>\=Z[IDWPIU._\`MD45OJ&G M/]E,SA#*7C)50#U8CMUJ_=2>+[JV>`Z1H\0?@M%KF1SZ8-.@E M\5VUO'!#X?T%(HU"(BZS+A0!@#_CUI27-%IE1=I)G'?#_P`.:+KWA/PYJ][J MUQJYTJ!&BM#+&T5I*%!(V1J"6''#ECTK1G^(6D^*+"QL=(GMA>W\N/L6IW'V M5FC1\%3\KGYB,``$D$^AQTGVSQA_T`M#_P#!S-_\BT?;/&'_`$`M#_\`!S-_ M\BU4I7=R4K*QY=X\\Z.VGZX8E4*ELGJHZK MUKUCPSXELO%>E-J-A%*FN(EN-&T:.`N! M(\>K2NRKGDA3;`$X[9&?45N4ELEV&]V^X4444@"BBB@`HHHH`****`"BBJ]] M?V>F6*M:_L#P[=Z@LUG%,B$0F\E M$<3/V!)(Z_6LW6?$5\_@+_A)M!ELU469O=MU`TH=0F[:`KK@YXSDX]*+GQ3X M'N[N"ZE\6:6)8`RIY>LA%^88.560*Q]"0<=L5G0WGPV@\.3>'X_$FEC3)MP> M$ZZ6)!Y(#F7<`>X!QR?4T=&-6NK[=2[JNI>)]-\$7&L"[TA[NW@:Z8FRDV.@ M3<$"^;E6SQNW$8[4ZZUW6=-TG2TN#97&I:K=);P316[I#$&3=N="[$XPW`89 MXZ=HKG7?`%WH#:)/XHTE[!HA"R'6AO9/0R>9O/H>>>]++K_P_GTB/2YO$NC2 M6L041[]74NNW[I$A?>&'9LY]Z;M=_+[A+9=]?^`5]0\5ZQ9:%XD_X\3J>AE" MTOV:0PSJR!^(]^Y3@D8W-TSSG%6M'U_6-4\.:K>136$TUN66VG^R2PJ[*/F5 MX7?>A#97E@>^,=:1K'<&/72AD"@`,2)?OX`!?[Q'!)I=&'5#_#?BS5/$)O(' M%K8:A8VQ2[LIK9V>"YSPV?,&Z(CD``$_WJ?X.USQ#XE\/'49+G3UDEMP8E.F M3P"*4@$9WR'S4Y^\NT''!/:9_$?@%VG?_A)=$66>`6\LR:JBR-&,X!>M5=&U3X>:`%&G>*=.5$C\I(YM?,Z1KQPJR2L%Z#H!3TU_KN']?D2^%?$ M6O:[$ZW4%O#=Z>TL&I0&U9`TXY18G,APN""20<@CIG`O^%=9O]5>\CU&6W6X MAV[K064EO+`3GAM[L)!QPZX4X-9VGZQ\/=,?4'M?$^E`Z@YDN?,UOS`[$8)` M:0[3CCC'`'H*DTK7_`.C>8;3Q3I1>0`-)<:T)W(&<+NDD8X&3@9QR?6B_P"7 MX]1%OQ-XM@\.ZKHUK)/9J+VY6*5)90)=K9561U4M1U/X=:K#>PWOBC398KTH9 MT_MXJIV?=V@2C8/9<9[YI][K'P]U$Z<;KQ1ICMISB2V8:YM*L!C)(D!I]327GW_`?5^GXFSXDU#4M'\&7^I0-:?VA:6IG/F1,T3,JY8;0P.#@@<\>] M7[*YE&BP75_+"9/($LSQH43IDD`DD#ZDU@:KXG\":UID^G7_`(HT9[6==LJ) MJR1EE]-R.#@]QGGI6?#??#N"SFM$\6VGE2A`Q?Q)(S@*<@*YF+*/8$`]Z.X: M:&AX>\47'BCP_JDNG3Z+]>U*Z MT^.1].6/4--,L16S<&.Z5E5XVS-R`23C@^_'.A::Y\/['6+O5K?Q1I*WEX%6 M=FUH,K[1@?(9"HP!U`]?4TR'5OAO!+;R1:YX?5[>YENHC_:4?R2R9WM]_ON/ M'3\A35OZ_KYA_7]?D=H,[1N()QR0,4M9>F^)=!UFX:WTO6]-OIU0NT=K=)*P M7(&2%).,D#/N*U*0!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`% J%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`'__9 ` end