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Legend Oil and Gas (NASDAQ:LOGL) major shareholder James Vandeberg sold 138,500 shares of the stock on the open market in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $0.02, for a total transaction of $2,770.00. Following the sale, the insider now directly owns 16,791,007 shares in the company, valued at approximately $335,820. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of Legend Oil and Gas (NASDAQ:LOGL) traded up 0.63% during mid-day trading on Friday, hitting $0.016. The stock had a trading volume of 27,305 shares. Legend Oil and Gas has a 52-week low of $0.01 and a 52-week high of $0.10. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.03. The company’s market cap is $1.8 million.

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

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