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Legend Oil and Gas (NASDAQ:LOGL) major shareholder James Vandeberg sold 280,000 shares of Legend Oil and Gas stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $0.02, for a total value of $5,600.00. Following the transaction, the insider now directly owns 16,511,007 shares in the company, valued at approximately $330,220. The sale was disclosed in a filing with the SEC, 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 down 14.29% during mid-day trading on Friday, hitting $0.015. The stock had a trading volume of 267,370 shares. Legend Oil and Gas has a 52 week low of $0.01 and a 52 week high of $0.09. The stock has a 50-day moving average of $0.01 and a 200-day moving average of $0.02. The company’s market cap is $1.7 million.

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

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