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Spine Pain Management (NASDAQ:SPIN) CEO William Donovan purchased 9,600 shares of the company’s stock in a transaction dated Wednesday, June 4th. The stock was purchased at an average price of $0.35 per share, with a total value 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 purchase was disclosed in a document filed with the SEC, which is available at this link.

Spine Pain Management (NASDAQ:SPIN) opened at 0.35 on Friday. Spine Pain Management has a 1-year low of $0.21 and a 1-year 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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