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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Convertible Notes (Narrative) (Details)

v3.10.0.1

Convertible Notes (Narrative) (Details) - USD ($)	Dec. 02, 2017	Feb. 29, 2012
2 Year Promissory Notes [Member]
Debt Instrument [Line Items]
Interest rate		0.19%
Debt conversion, price per share		$ 12.00
Convertible Promissory Note Dated February 29, 2012 [Member]
Debt Instrument [Line Items]
Face value of loan		$ 50,000
Convertible Debt [Member] \| USU [Member]
Debt Instrument [Line Items]
Interest rate	8.00%
Debt conversion, price per share	$ 2.00
Debt maturity period	2 years
Conversion of note into common share	$ 1,000,000
Proceeds from convertible note issued	$ 2,000,000

- Definition

The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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The price per share of the conversion feature embedded in the debt instrument.

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The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.

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