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FORM D
Notice of Exempt Offering of Securities

UNITED STATES SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C.

OMB APPROVAL
OMB Number: 3235-0076
Estimated Average burden hours per response: 4.0
1. Issuer's Identity
CIK (Filer ID Number)Previous Name(s) Checkbox not checked NoneEntity Type
0001487198
Elite Nutritional Brands, Inc.
Hidden Ladder, Inc.
 Radio button checked Corporation
 Radio button not checked Limited Partnership
 Radio button not checked ÌýLimited Liability Company
 Radio button not checked ÌýGeneral Partnership
 Radio button not checked ÌýBusiness Trust
 Radio button not checked OtherÌý
Name of Issuer
ÌýASPEN GROUP, INC.
Jurisdiction of Incorporation/Organization
DELAWAREÌý
Year of Incorporation/Organization
 Radio button checked Over Five Years Ago
 Radio button not checked Within Last Five Years (Specify Year)
Ìý
 Radio button not checked Yet to Be Formed
Ìý
ÌýÌý
ÌýÌý
Ìý
2. Principal Place of Business and Contact Information
Name of Issuer
ÌýASPEN GROUP, INC.
Street Address 1Street Address 2
Ìý276 FIFTH AVENUE
ÌýSUITE 505
CityState/Province/CountryZIP/Postal CodePhone No. of Issuer
ÌýNEW YORK
ÌýNEW YORK
Ìý
Ìý10001
Ìý646-448-5144Ìý




3. Related Persons

Last NameFirst NameMiddle Name
Mathews
Michael
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
LaVay
Matthew
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox checked Executive Officer Checkbox not checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Alessi
Robert
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox checked Executive Officer Checkbox not checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
St. Arnauld
Cheri
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox checked Executive Officer Checkbox not checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Wendolowski
Gerard
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox checked Executive Officer Checkbox not checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
McNamara
Anne
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox checked Executive Officer Checkbox not checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Dicks
Norman
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox not checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Kaplan
Andrew
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox not checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Kass
Douglas
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox not checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Koehneman
Michael
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox not checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Prince
Joan
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox not checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)



Last NameFirst NameMiddle Name
Rich
Sanford
Street Address 1Street Address 2
Ìý276 Fifth AvenueÌý
ÌýSuite 505
CityState/Province/CountryZIP/Postal Code
ÌýNew York
ÌýNEW YORK
Ìý10001
Ìý
Relationship: Checkbox not checked Executive Officer Checkbox checked Director Checkbox not checked Promoter
Clarification of Response (if Necessary)





4. Industry Group
Ìý Radio button not checked Agriculture
Banking & Financial Services
Ìý Radio button not checked ÌýCommercial Banking
Ìý Radio button not checked ÌýInsurance
Ìý Radio button not checked Investing
Ìý Radio button not checked ÌýInvestment Banking
Ìý Radio button not checked ÌýPooled Investment Fund

Ìý Radio button not checked Other Banking & Financial Services
 Radio button not checked ÌýBusiness Services
Energy
Ìý Radio button not checked ÌýCoal Mining
Ìý Radio button not checked ÌýElectric Utilities
Ìý Radio button not checked ÌýEnergy Conservation
Ìý Radio button not checked ÌýEnvironmental Services
Ìý Radio button not checked ÌýOil & Gas
Ìý Radio button not checked ÌýOther Energy
Health Care
Ìý Radio button not checked ÌýBiotechnology
Ìý Radio button not checked ÌýHealth Insurance
Ìý Radio button not checked ÌýHospitals & Physicians
Ìý Radio button not checked ÌýPharmaceuticals
Ìý Radio button not checked ÌýOther Health Care
ÌýÌýÌý
ÌýÌýÌý
ÌýÌýÌý
ÌýÌý
 Radio button not checked ÌýManufacturing
Real Estate
Ìý Radio button not checked Commercial
Ìý Radio button not checked Construction
Ìý Radio button not checked REITS & Finance
Ìý Radio button not checked Residential
 Radio button not checked Other Real Estate
 Radio button not checked ÌýRetailing
 Radio button not checked Restaurants
Technology
 Radio button not checked ÌýComputers
 Radio button not checked ÌýTelecommunications
 Radio button not checked ÌýOther Technology
Travel
 Radio button not checked ÌýAirlines & Airports
 Radio button not checked ÌýLodging & Conventions
 Radio button not checked ÌýTourism & Travel Services
 Radio button not checked ÌýOther Travel
 Radio button checked Other

ÌýÌý
ÌýÌýÌý
5. Issuer Size
Revenue RangeAggregate Net Asset Value Range
 Radio button not checked No Revenues Radio button not checked ÌýNo Aggregate Net Asset Value
 Radio button not checked Ìý$1 - $1,000,000 Radio button not checked $1 - $5,000,000
 Radio button not checked Ìý$1,000,001 - $5,000,000 Radio button not checked Ìý$5,000,001 - $25,000,000
 Radio button not checked $5,000,001 - $25,000,000 Radio button not checked Ìý$25,000,001 - $50,000,000
 Radio button checked $25,000,001 - $100,000,000 Radio button not checked Ìý$50,000,001 - $100,000,000
 Radio button not checked ÌýOver $100,000,000 Radio button not checked ÌýOver $100,000,000
 Radio button not checked ÌýDecline to DiscloseÌý Radio button not checked Decline to Disclose
 Radio button not checked ÌýNot Applicable Radio button not checked ÌýNot Applicable

Ìý
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
 Checkbox not checked Rule 504(b)(1) (not (i), (ii)
or (iii))
 Checkbox checked Rule 506(b)ÌýÌýÌýÌýÌýÌý
 Checkbox not checked Rule 504 (b)(1)(i)  Checkbox not checked Rule 506(c)
 Checkbox not checked Rule 504 (b)(1)(ii)  Checkbox not checked Securities Act Section 4(a)(5)
 Checkbox not checked Rule 504 (b)(1)(iii) Checkbox not checked Investment Company Act Section 3(c)
Ìý
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7. Type of Filing
 Checkbox checked ÌýNew Notice Date of First SaleÌý
2022-03-14
 Checkbox not checked ÌýFirst Sale Yet to Occur
 Checkbox not checked ÌýAmendment


Ìý
Ìý
8. Duration of Offering
Does the Issuer intend this offering to last more than one year?  Radio button not checked ÌýYes  Radio button checked ÌýNo
Ìý
Ìý
9. Type(s) of Securities Offered (select all that apply)
 Checkbox not checked Pooled Investment Fund Interests Checkbox not checked Equity
 Checkbox not checked Tenant-in-Common Securities  Checkbox checked Debt
 Checkbox not checked Mineral Property Securities Checkbox not checked Option, Warrant or Other Right to Acquire Another Security
 Checkbox checked Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Checkbox not checked Other (describe)
Ìý
Ìý
Ìý
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?  Radio button not checked ÌýYes  Radio button checked ÌýNo
Clarification of Response (if Necessary)
Ìý
Ìý
Ìý
11. Minimum Investment
Minimum investment accepted from any outside investor$
Ìý5000000
USD

12. Sales Compensation
RecipientÌýRecipient CRD Number Checkbox not checked None
Ìý
Ìý
(Associated) Broker or Dealer Checkbox not checked None(Associated) Broker or Dealer CRD NumberÌý  Checkbox not checked None
Ìý
Ìý
Street Address 1Street Address 2
Ìý
Ìý
City State/Province/CountryZIP/Postal Code
Ìý
Ìý
Ìý
State(s) of SolicitationÌý Checkbox not checked All States
Ìý



13. Offering and Sales Amounts
Ìý
Total Offering Amount $
30000000
USD Checkbox not checked Indefinite
Total Amount Sold $
30000000
USD
Total Remaining to be Sold $
0
USD Checkbox not checked Indefinite
Clarification of Response (if Necessary)
$10,000,000 in convertible notes due March 14, 2027, pays interest monthly of 12% per annum and are convertible into common stock at $1.00 per share. $20,000,000 in revolving notes with monthly interest payments of 12% per annum on amounts borrowed.
Ìý
14. Investors

 Checkbox not checked Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
Number of such non-accredited investors who already have invested in the offering
Ìý Ìý
Ìý Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
2
Ìý
15. Sales Commissions & Finders’ Fees Expenses
Provide separately the amounts of sales commissions and finders' fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions$
0
USD Checkbox not checked Estimate
Finders' Fees$
0
USD Checkbox not checked Estimate
Clarification of Response (if Necessary)
Ìý
Ìý

16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
Ìý$Ìý
0
USD Checkbox not checked Estimate
Clarification of Response (if Necessary)
Ìý

Signature and Submission
Ìý
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of SubmissionÌý
ÌýIn submitting this notice, each Issuer named above is:Ìý
Ìý
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, the information furnished to offerees.
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the Issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against it in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:Ìý (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).
Ìý
Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
Ìý
IssuerSignatureName of SignerTitleDate
ASPEN GROUP, INC./s/ Michael MathewsMichael MathewsChief Executive Officer2022-03-28