{"id":7744,"date":"2019-02-05T15:08:00","date_gmt":"2019-02-05T20:08:00","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=7744"},"modified":"2019-02-05T15:08:00","modified_gmt":"2019-02-05T20:08:00","slug":"sec-halts-trading-on-petrotech-oil-gas-inc","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sec-halts-trading-on-petrotech-oil-gas-inc\/","title":{"rendered":"SEC Halts Trading On Petrotech Oil & Gas, Inc."},"content":{"rendered":"

Petrotech Oil & Gas Inc. (PTOG<\/a>) is a company based in Bedford, TX, and claims it is involved in petroleum recovery from oil wells that are considered \u201cempty.\u201d Using their own extraction technology with CO2 and N2 called \u201cGas-Injection EOR\u201d (Enhanced Oil Recovery), Petrotech is able to recover 20% or more than previously thought possible.<\/p>\n

\"TheOn February 19, 2014, the company announced that it would also be entering the legal cannabis<\/a> market in Washington and Colorado, causing their stocks to surge. Petrotech\u2019s deal created subsidiary Legalizepot.us Management Group, Inc. (the site is now a blank page.) LP.US Management was intended to manage the growing companies where cannabis became legal, starting with Washington and Colorado.<\/p>\n

On March 14, 2014, the SEC suspended trading for the company \u201cbecause of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the company\u2019s operations.\u201d <\/em>Trading resumed on March 28, 2018. The company was in the process of completing a 2-year audit to comply with SEC reporting standards to achieve full reporting status.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Petrotech Oil & Gas Inc. (PTOG) is a company based in Bedford, TX, and claims it is involved in petroleum recovery from oil wells that are considered \u201cempty.\u201d Using their own extraction technology with CO2 and N2 called \u201cGas-Injection EOR\u201d (Enhanced Oil Recovery), Petrotech is able to recover 20% or more than previously thought possible. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1306,583,603],"tags":[1543,1542,1344],"class_list":["post-7744","post","type-post","status-publish","format-standard","hentry","category-marijuana-investments","category-sec-actions","category-sec-investor-tips","tag-cannabis","tag-petrotech-oil-gas-inc","tag-securities-fraud-attorney"],"yoast_head":"\nSEC Halts Trading On Petrotech Oil & Gas, Inc. — Securities Arbitration Lawyers Blog — February 5, 2019<\/title>\n<meta name=\"description\" content=\"Petrotech Oil & Gas Inc. 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