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Legend Oil and Gas, Ltd (LOGL)

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Last Post: 4/17/2018 7:27:09 PM - Followers: 66 - 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  
    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 (678) 595-6243
Ian Sylvester Chief Operating Officer/General Manager (701) 300-3446

President & CEO: Warren Binderman, CPA

LinkedIn Profile:HERE


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

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

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.

Current Price
Bid Ask Day's Range
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PlusOneCoin Top Posts
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#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
#2029   Am I hallucinating, or did a purchase of AmosNB 03/23/18 11:10:56 AM
#2028   No one wants to buy this shit at kermel 03/21/18 11:53:03 AM
#2027   Problem is even small volumes make the price AmosNB 03/21/18 11:31:05 AM
#2026   Told you guys, it's @ 0.0005 now kermel 03/21/18 10:51:01 AM
#2025   Small Cap Exclusive is currently doing an internal kermel 03/09/18 03:08:15 PM
#2021   According to the Secretary of State office in AmosNB 02/22/18 05:51:34 PM
#2020   Last chance to dump @ 0.0007 and 0.0005 kermel 02/16/18 03:28:16 PM
#2019   LOGL has been deleted no information in pink kermel 02/16/18 12:09:31 PM
#2018   Is anyone on this board knows what the kermel 02/12/18 06:57:32 PM
#2017   My friend,Are you ready to load @ 0.0002 ? kermel 02/02/18 03:33:09 PM
#2016   I'm ready to load @0.0002 kermel 02/02/18 03:16:22 PM
#2015   I think they're changing website domain and still kermel 01/31/18 10:31:11 AM
#2014   And now their website is down!!! Good BamaDale 01/31/18 10:21:19 AM
#2013   They will dump 4 billion shares between 0.002 kermel 01/30/18 05:36:34 PM
#2012   Lol! Good! They traded 16k today ;) LOGL Elcappy1 01/30/18 12:28:51 AM
#2011   They still have 4 billion shares to dump lmao CashCowMoo 01/30/18 12:27:20 AM
#2010   Hopefully we hear something soon! LOGL Elcappy1 01/03/18 11:17:22 AM
#2009   LOGL maybe sell their company to buy Ripple kermel 01/03/18 10:57:32 AM
#2008   Keep on watch, this moves on air. Elcappy1 01/02/18 01:50:00 AM
#2007   5 billion shares authorized? lmao CashCowMoo 12/30/17 01:22:32 AM
#2006   You too bud! Elcappy1 12/28/17 11:36:18 AM
#2005   Great! Good luck to you!! kermel 12/28/17 11:34:27 AM
#2004   Yup, did that. Now it's MJ ;) Elcappy1 12/28/17 11:32:43 AM
#2003   It's time to trade Cryptocurrency Bitcoin,Ethereum,Litecoin this just kermel 12/28/17 11:31:16 AM
#2002   lol! Those bastards! Elcappy1 12/28/17 11:24:19 AM
#2001   And LOGL still in deep hole! kermel 12/28/17 11:23:08 AM
#2000 Elcappy1 12/26/17 04:31:26 PM
#1999   Yep,for rich people or you can call wealthy people! kermel 12/05/17 04:32:09 PM
#1998   tax reform for the rich? Good grief man. CashCowMoo 12/05/17 01:52:18 PM
#1997   The SEC halt (SSN)oil and gas yesterday because kermel 11/17/17 10:33:26 AM
#1996   House passes Republican tax reform bill for the kermel 11/16/17 03:52:03 PM
#1995   I'm already out but waiting for it kermel 11/10/17 11:25:49 AM
#1993   Legend Oil And Gas: Why The SEC Should klimanjaro 11/10/17 08:03:29 AM
#1992   Is anyone on this board still trust in kermel 11/09/17 03:55:51 PM
#1991   Crude oil rebound (CEI) pump crazy today and kermel 11/08/17 10:47:29 AM
#1990   0.0008 next week by the end of this kermel 11/03/17 03:37:47 PM
#1989   No news no financial update in a year kermel 11/03/17 02:41:13 PM
#1988   Already see triple zero coming kermel 11/02/17 01:11:17 PM
#1987   LOGL going south despite crude oil continue going north! kermel 11/02/17 12:59:38 PM
#1986   Yea, but bid and ask can be change anytime! kermel 11/01/17 10:28:11 AM
#1985   So thin.... in4damoney 11/01/17 10:25:08 AM
#1984   It's about time for news and financial update kermel 10/17/17 02:49:21 PM
#1981   LOGL couldn't hold above 0.002 this means kermel 09/29/17 12:47:54 PM
#1979   If no news or income filing by the kermel 09/12/17 11:11:43 AM
#1978   Big accumulation day, no doubt! Getting some Oil/gas Rhinegold 09/11/17 04:14:02 PM
#1976   LOGL could take off like a bat out Deep6 09/06/17 12:26:28 PM