Cannabis Report
Home > Boards > US OTC > Oil/Gas/Natural Energy Production >

Legend Oil and Gas, Ltd (LOGL)

LOGL RSS Feed
Add LOGL Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board: 
Last Post: 7/20/2018 10:33:38 PM - Followers: 68 - Board type: Free - Posts Today: 0

Last Update: 04/05/2017
Legend Oil and Gas, Ltd. operates as a crude oil hauling and trucking company. It performs hauling services for institutional drilling and exploration companies, as well as crude oil marketers in the Bakken, North Dakota, as well as in Colorado and Texas. The company was formerly known as SIN Holdings, Inc. and changed its name to Legend Oil and Gas, Ltd. in November 2010.  On April 3, 2015, Legend Oil and Gas Ltd. (OTC Markets: LOGL) closed on the acquisition of Maxxon Energy, purchasing 100% of Black Diamond Energy Holdings, LLC and related companies- together Maxxon Energy).
On November 30, 2016, Warren S. Binderman, CPA assumed the roles of both Chief Executive Officer and Chief Financial Officer of Legend and subsidiaries. He first served as the CFO commencing July 2014.  In August 2015, he also assumed the role of the Company’s President, also serving on the Company’s Board of Directors and as Corporate Secretary.
Legend Oil & Gas Ltd.  Ticker: LOGL (OTC BB) Stock Status: Current
 
Industry: Energy
Type of Business: Crude oil transportation
Locations: Texas, New Mexico, Colorado, and North Dakota
LOGL Security Details
Share Structure
    Market Value1     $2,356,708     a/o Apr 4, 2017
    Authorized Shares     5,000,000,000     a/o Mar 30, 2017
    Outstanding Shares     942,683,273     a/o Mar 30, 2017
    -Restricted     Not Available
    -Unrestricted     Not Available
    Held at DTC     Not Available
    Float     38,621,516     a/o Feb 16, 2012
    Par Value     0.001

Source(OTC Markets): HERE
Press Releases: HERE
Filings: HERE
TA for LGOL: Webpage: HERE  
    Email: info@vstocktransfer.com
    Phone: (212) 828-8436
Number of employees: 37+ (All full time):
    Texas and New Mexico: 18
    Colorado:: 6
    North Dakota: 13

Currently hiring Class-A CDL truck drivers: HERE
Important Links:
     Legend Oil & Gas/Maxxon Energy Website: HERE
 
Facts Announcment Type Source
> April 7, 2015: LOGL  closed on the acquisition of Maxxon Energy, purchasing 100% of Black Diamond Energy Holdings, LLC and related companies- together Maxxon Energy PR HERE
> As of October 2015, Oil and gas activities were discontinued - 10Q released on 11/10/2016 Pg 16 of 10Q HERE
> As of November of 2016, Warren Binderman is now of President/CEO Website HERE
> Continuation of crude oil trucking remains the core business model to date None N/A
> Notes are not convertible until 2018 - 10Q released on 11/10/2016 Pg 10 of 10Q HERE
> Authorized Shares. The 2016 Plan authorizes the issuance of up to 250,000,000 shares of our Common Stock. All prior Plans     of the Company have been cancelled.  14C released on March 29, 2017 14C HERE
> 3 independent sites conclude there are 48 trucks in the fleet and 45 drivers.  Sources: 1) HERE 2) HERE 3) HERE Sites N/A
> 2,487,789 barrels of crude hauled in year of 2016 compared to 2,131,317 in 2015, an increase of 356,472 or 17% more. 10K released on 03/31/2017 Pg 19 of 10K HERE


Hillair Capital has 10% interest at $0.03 of common stock payable onMarch 1, 2018

Source: HERE (from pg 40 on 10K released on 03/31/2017) & HERE (Form 4 dated 05/27/2017)
 
Management Position Email Phone
Warren Binderman, CPA Chief Executive Officer and Chief Financial Officer warren@midconoil.com (678) 595-6243
Ian Sylvester Chief Operating Officer/General Manager ian.sylvester@maxxonenergy.com (701) 300-3446

President & CEO: Warren Binderman, CPA
 

LinkedIn Profile:HERE

Summary

Appointed Interim CEO in November 2016. Also serve as the President and CFO of the Company. We are a premier transportation company serving the oil industry in the Bakken (North Dakota) and Permian (Texas and New Mexico). We are growing in these two and other basins as customer growth plans demand.
Quick snapshot Experience
President & CEO
Binderman Group, LLC

2007 – Present (10 years
Our founder, Warren S. Binderman (a CPA in Georgia and Maryland), spent over 14 years working with national accounting firms moving through the ranks from the nuts and bolts level of Staff through Partner.
Director, Transaction and Restructuring Services
KPMG

October 2011 – July 2012 (10 months)
Worked on various financial due diligence and accounting advisory technical projects (carve-outs, IPOs, revenue recognition) as needed, for KPMG's national team- Transaction Services and Restructuring Group. I served global clients, providing financial due diligence and other buy- and sell-side consulting services.
Managing Director/Owner (sPs) and Partner (Smart)
SPS Consulting, LLC and Smart & Associates, LLP

2001 – 2006 (5 years)
For sPs Consulting, was an owner and the Managing Director, tripling professional service revenues between October 2001 and December 2003. Worked in technical areas building an assurance and consulting practice, principally performing Federal and Municipal entity audits, assisting as contract internal auditors, performing litigation support and assisting in settling disagreements between various parties...
Senior Manager and Director of Firmwide Risk Management
KPMG

1999 – 2001 (2 years)
Served the Baltimore, MD Office as a key member of its municipal practice, working on audit and advisory services for the largest municipal entities in the Baltimore/Washington Metropolitan area.
Started as Staff Auditor through Experienced Manager
Arthur Andersen

1990 – 1999 (9 years)
Started as a staff member and promoted through 1999 to manager and experienced manager. Served some of the DC office's most significant clients, including Caterair International (a Carlyle Group investment), Lafarge Corporation and Marriott Corporation (pre- and post- split). Also served as manager on the “initial” IPO of Friedman, Billings, Ramsey Group and as the audit senior on Johnston Lemon and Company providing audit and various support services. Managed many SEC S-2 and S-4/public debt filings, audited 10-K reviewed 10-Qs and wrote critical portions of 8-Ks and other filings.
 
Board of Directors:
Board Member Position LinkedIn
Warren S. Binderman, CPA Chief Executive Officer/Chief Financial Officer, Board Member and Corporate Secretary HERE
Jeffrey Kaplin Audit Committee Chair/Independent Board Member HERE
Alais Griffin Interim Board Chair/Independent Board Member HERE
Sean M. McAvoy Director/Board Member/Co-Founder and Managing Member at Hillair Capital Management LLC HERE
Neal Kaufman Board Member/Founder, Managing Member at Hillair Capital HERE
Source: HERE



Source: HERE
 
Industry Study
This graph illustrates the potential growth Legend Oil and Gas can achieve when compared to their competitors depending on which direction they go.  All companies graphed are involved in trucking crude oil as well as other means of transportation (rail, ships and oil pipe line).
 
Socail Media Link
Legend Oil & Gas Facebook HERE
Legend Oil & Gas Twitter N/A
Maxxon Energy Facebook HERE
Maxxon Energy Twitter N/A
 
With new policies with the new US administration and their views on reviving the exploration of natural resources, the oil industry will be next BOOM.  Legend Oil & Gas, Ltd. has changed their business model from oil exploration to crude oil transportation.  Trucking is big business and will grow as more oil wells have been drilled.  Unlike the exploration industry, growth can quickly increase due to less assets necessary to implement and profit margins are more lucrative.  No drilling rigs to purchase, no land permits to apply for (which could take years to get approved), less OSHA regulations to be concerned about, etc…  Currently LOGL is operational in four states with 37+ full time employees and growing.
 

 
Cannabis Report
LOGL
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
PostSubject
#2079   That's one of the smartest things I've seen EdgartheGreek 07/20/18 10:33:37 PM
#2078   If LOGL down @ 0.0002 I will load, kermel 07/19/18 10:23:04 AM
#2077   Just don't spend any more than you can EdgartheGreek 07/19/18 08:55:41 AM
#2076   I will take a chance to reload this kermel 07/18/18 12:21:30 PM
#2075   He's dead Jim. EdgartheGreek 07/11/18 05:35:32 AM
#2074   Its in coma! kermel 07/09/18 08:24:48 PM
#2073   its dead Dahmer 07/06/18 12:03:21 AM
#2072   You'd be better off believing in Santa Claus EdgartheGreek 06/30/18 10:02:29 PM
#2071   Have no ideal man just get back from kermel 06/27/18 04:19:20 PM
#2070   Shame someone bailed at the last minute today. Pied Trader 06/21/18 06:24:17 PM
#2069   Somethings up, very thin Orko 06/21/18 02:45:21 PM
#2068   Agreed!! braves31 06/21/18 12:19:57 PM
#2067   Coiling up now.. teens coming Orko 06/21/18 11:39:16 AM
#2066   Nice bid braves31 06/21/18 11:37:48 AM
#2065   This was at .0017 not to long ago Orko 06/21/18 11:31:47 AM
#2064   Chart is looking good. .0009/.001 gonna be braves31 06/21/18 11:29:04 AM
#2063   $LOGL .001 Getting ready to bust a PennyMaster 06/21/18 11:03:45 AM
#2062   Same added here... looking like a pop coming LOGL Orko 06/21/18 11:03:08 AM
#2061   Added .001, easy double coming imo. braves31 06/21/18 11:02:39 AM
#2060   Nice buys here. Took some 10s myself Pied Trader 06/21/18 10:55:26 AM
#2059   nice weekly chart Dahmer 06/20/18 06:06:05 PM
#2058   $LOGL buying .001s seems cheap to me MONSTAMONEYMOVA 06/18/18 03:44:55 PM
#2057   Interesting action over here! Elcappy1 06/13/18 12:53:53 PM
#2056   Savage day here, I saw huge buys from humbleboss 06/11/18 06:03:40 PM
#2055   yep someone is buying Foxbat426 06/11/18 12:06:33 PM
#2054   $LOGL more volume. MONSTAMONEYMOVA 06/11/18 10:22:14 AM
#2053   My bid finally fill lol GeekTrader30 06/07/18 04:12:48 PM
#2052   She's moving and very thin! Elcappy1 06/06/18 03:19:35 AM
#2051   $LOGL lotto hold waking up big blocks and MONSTAMONEYMOVA 06/05/18 11:50:52 AM
#2050   kermel.... WHat in the world is going on TheHappyVulcan 06/04/18 02:53:26 PM
#2049   Good for you buddy! kermel 05/15/18 11:41:51 AM
#2048   Kermel, I hope you made some coin if TheHappyVulcan 05/15/18 11:31:32 AM
#2047   Guys, LOGL started pump again. kermel 05/15/18 11:27:11 AM
#2046   why LOGL ? what 's the catalyst, pipeline? klimanjaro 05/12/18 09:56:09 AM
#2045   Good luck to you too my friend. kermel 04/26/18 10:54:44 AM
#2044   kermel, you are 100% right , buddy. I TheHappyVulcan 04/25/18 01:53:04 PM
#2043   TheHappyVulcan Thursday, 05/04/17 08:32:48 AM kermel 04/24/18 07:41:47 PM
#2042   Sean McAvoy became interim director at LOGL in TheHappyVulcan 04/24/18 12:46:26 PM
#2041   Transfer Agent VStock is still the active TA TheHappyVulcan 04/24/18 12:13:52 PM
#2040   ALso, according to this very page Hillair has TheHappyVulcan 04/24/18 11:48:03 AM
#2039   This would be a perfect time for someone TheHappyVulcan 04/24/18 11:37:51 AM
#2038   I've thought about trading this stock because it AmosNB 04/23/18 12:42:24 PM
#2037   Thanks AmosNB! kermel 04/20/18 11:43:42 AM
#2036   This company no longer exist but I will kermel 04/20/18 10:25:26 AM
#2035   The company was administratively dissolved in Colorado, so AmosNB 04/19/18 06:16:25 PM
#2034   I am finding it difficult to verify much TheHappyVulcan 04/19/18 05:49:00 PM
#2033   Thank you very much! kermel 04/17/18 07:27:09 PM
#2032   CEO BInderman lists on his Linkedin page that TheHappyVulcan 04/16/18 03:14:31 PM
#2031   I'M ready to load @ 0.0003 kermel 03/27/18 11:23:20 AM
#2030   Bought some yesterday and today @0.0006 kermel 03/23/18 04:29:53 PM
PostSubject