Paradigm Oil and Gas Inc(OTCMKTS:PDGO) has been moving in a bullish trend since start of the year ,2014, but the stock did saw a major bullish rally in the month of January , 2014 when it touched its high of $0.03 at a trading volume of around $75k.
After January PDGO facing a steep downward trend till now.
The share price saw it’s highest of $0.04 while its lowest was $0.00 in last one year. The stock maintains good liquidity with average volume of 1 million shares per day.
Paradigm Oil and Gas Inc(OTCMKTS:PDGO) is out of news and its PR department is not very active to give any indication about the business progress. This behaviour leads PDGO even lower state then this .
Paradigm Oil and Gas Inc(OTCMKTS:PDGO) is engaged in the exploration, development, acquisition and operation of oil and gas properties. The Company participates in the oil and gas industry through the purchase of small interests in either producing wells or oil and gas exploration and development projects. The Company is an exploration company focused on developing North American oil and natural gas reserves. The oil and gas properties are consists of four leases totaling approximately 934 net mineral acres, all located in the State of Texas, United States of America. As of December 31, 2010, the Company held 100% working interests in certain oil and gas leases along with certain Oil and Gas production equipment in the State of Texas, United States of America, and is engaged in the rework and development of those properties. Effective August 5, 2013, Paradigm Oil & Gas Inc acquired a majority interest in CAM Trucking & Well Service, a trucking company, from A Feezel Corp.
Paradigm Oil and Gas Inc(OTCMKTS:PDGO) Cheaper gasoline, cannabis cultivation, event management, image recognition, oil, mobile apps, solar, water from humidity; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures.
Paradigm Oil and Gas Inc(OTCMKTS:PDGO) is a typical development stage company with $0.00million cash and total assets of $0.29million. The company has total liabilities of $0.81 million resulting in negative equity. PDGO trading in red yet continues to trade in impressive volume, however does not seem to be moving anywhere close to its earlier position in the near future.
Considering the fundamentals its market capitalization of $567,000 is clearly overstated.
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