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Spine Pain Management (NASDAQ:SPIN) CEO William Donovan bought 9,600 shares of Spine Pain Management stock in a transaction that occurred on Wednesday, June 4th. The shares were purchased at an average cost of $0.35 per share, for a total transaction of $3,360.00. Following the transaction, the chief executive officer now directly owns 3,249,541 shares of the company’s stock, valued at approximately $1,137,339. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Spine Pain Management (NASDAQ:SPIN) remained flat at $0.35 during trading on Friday. Spine Pain Management has a 52-week low of $0.21 and a 52-week high of $0.71. The stock has a 50-day moving average of $0.44 and a 200-day moving average of $0.46. The company’s market cap is $6.6 million.

Spine Pain Management, Inc is a medical marketing, management, billing and collection company. The Company provides turnkey solutions to spine surgeons, orthopedic surgeons and other healthcares providers for necessary and appropriate treatment of musculo-skeletal spine injuries resulting from automobile and work-related accidents.

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