Aspen Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Deficiency) (Tables)

Stockholders' Equity (Deficiency) (Tables)

6 Months Ended

Oct. 31, 2015

Stockholders' Equity (Deficiency) [Abstract]


					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
Warrants	Shares		Price		Term		Value
Balance Outstanding, April 30, 2015		28,871,757	$	0.26	—		—
Granted		—		—	—		—
Exercised		—		—	—		—
Forfeited		—		—	—		—
Expired		—		—	—		—
Balance Outstanding, October 31, 2015		28,871,757	$	0.26		3.2	$	—

Exercisable, October 31, 2015		28,871,757	$	0.26		3.2	$	—

Stock Incentive Plan and Stock Option Grants to Employees and Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity


						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance Outstanding, April 30, 2015		14,206,412		$	0.21		3.5	$	103,000
Granted		2,965,000		$	0.17		4.9		—
Exercised		—			—		—		—
Forfeited		(509,099	)	$	0.35		2.2		—
Expired		—			—		—		—
Balance Outstanding, October 31, 2015		16,662,313		$	0.20		3.1	$	8,835

Exercisable, October 31, 2015		7,234,131		$	0.22		2.41	$	—

Stock Option Grants to Non-Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity


				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance Outstanding, April 30, 2015		220,000		$	0.30		2.1	$	—
Granted		—			—		—		—
Exercised		—			—		—		—
Forfeited		(25,000	)	$	0.19		3.0	$	—
Expired		—			—		—		—
Balance Outstanding, October 31, 2015		195,000		$	0.31		1.4	$	—

Exercisable, October 31, 2015		195,000		$	0.31		1.4	$	—

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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