Shares in the newly named penny stock of North American Oil & Gas Corp. (OTC: CLDD) still have the “D” attached but are trading and looking promising. After changing their name from Calendar Dragon and moving forward with a 19-for-1 forward split in mid-November, the 8-K filing on Friday solidifies why CLDD stock is a must watch for a huge promotion campaign in the not so far future. Focused on oil and gas exploration activities of the San Joaquin Basin, onshore California, the Company’s wholly owned subsidiary, Lani, commenced drilling its first exploratory well in the Tejon Main leases area on November 27, 2012.
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CLDD Stock Chart
Market Cap: 61.29M
Close: 0.85, no change
Dollar Volume: $10,130
Average Trade Size: 4,000
Issued and Outstanding: 60,125,000
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The Friday 8-K which was released shortly after trading haad closed for the week lays out the details in full as to why North American Oil & Gas Corp. looks like a winner. The team behind the Company’s wholly owned subsidiary, Lani, alone are worth their weight in the industry. Between Robert Rosenthal, Linda Gassaway, Rishie Khangura, Don Boyd, Cosimo Damiano, Greg Renwick and Nicolaus Petri, the Company has the oil drilling experience and financial management abilities to be a miniature Gazprom operating atop on of the largest shale oil deposits on the planet.
Early birds have already been loading the boats in what should be a pretty spectacular run for CLDD stock. The S-1 for the original set up, Calendar Dragon Inc., was completed with the help of legal advisory Jody M. Walker who also assisted another solid performer from earlier this year, Prevntia Inc. (PVTA). And considering the number of land parcels the Company now has lease rights to coupled with the Farm-in Agreement they have with Avere Energy Corp., a wholly-owned subsidiary of East West Petroleum Corp. (EWPMF), it appears to be a no brainer that CLDD stock has to be on the list of penny stocks to watch.
About CLDD Stock
North American Oil & Gas Corp. , a holding company operating through their wholly owned subsidiary, Lani Acquisition, LLC, engages in an exploration stage oil and gas enterprise focused on the acquisition, stimulation, rehabilitation and asset improvement of small to medium sized manageable oil and gas fields throughout North America. Click here to view the SEC filings for CLDD.
Last 5 Trading Sessions:
Bottom Line: CLDD, currently CLDDD, should be on the list of penny stocks to watch immediately. Once you do some research on your own to decipher the ins and outs of North American Oil & Gas Corp., it won’t be long before you are looking at how sexy CLDD stock really is.
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