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Legend Oil and Gas (NASDAQ:LOGL) CFO James Vandeberg sold 320,000 shares of the stock on the open market in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $0.05, for a total transaction of $16,000.00. Following the completion of the sale, the chief financial officer now directly owns 5,103,696 shares of the company’s stock, valued at approximately $255,185. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Legend Oil and Gas (NASDAQ:LOGL) traded down 17.64% during mid-day trading on Thursday, hitting $0.0411. The stock had a trading volume of 165,565 shares. Legend Oil and Gas has a one year low of $0.03 and a one year high of $0.13. The stock’s 50-day moving average is $0.0 and its 200-day moving average is $0.05. The company’s market cap is $4.3 million.

Legend Oil and Gas, Ltd. (NASDAQ:LOGL) is an oil and gases exploration, development and production company.

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