ASPN.OB: My suggestion is wait until it's settled. I have some positions I got above $5. Recent selling pressure are caused by this PR, and I think we will see a bounce once they have dumped the shares they want to sell:
BAKERSFIELD, CA and DENVER, CO--(MARKET WIRE)--Feb 15, 2006 -- Aspen Exploration Corporation (OTC BB:ASPN.OB - News) announced today that Robert A. Cohan, president, CEO, and a Director and R. V. Bailey, chairman of the Board of Directors, have established a pre-arranged trading plan to sell shares of the company over a designated period in accordance with rule 10b5-1 of the Securities and Exchange Commission. Under the plan, during a six month period commencing on February 22, 2006, Mr. Cohan plans to sell 67,000 shares of Aspen stock in open market transactions. Mr. Bailey plans to sell 63,000 shares of Aspen stock in open market transactions during a three month period commencing February 22, 2006. The transactions are part of the two director's ongoing program of tax planning and asset diversification. Rule 10b5-1 permits insiders to implement a written plan to sell stock when they are not in possession of material non-public information and continue to sell shares on a regular basis even if they receive such information subsequently.
