Sec Form 4/A Filing - Hillair Capital Investments LP @ Legend Oil & Gas, Ltd. - 2016-05-27

FORM 4/A Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Hillair Capital Investments LP 2. Issuer Name and Ticker or Trading Symbol Legend Oil & Gas, Ltd. [ LOGL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O HILLAIR CAPITAL MANAGEMENT LLC, 345 LORTON AVE., SUITE 303 3. Date of Earliest Transaction (MM/DD/YY) 05/27/2016 (Street) BURLINGAME, CA94010 4. If Amendment, Date Original Filed (MM/DD/YY) 05/27/2016 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/01/2015 P 604,155,998 A $ 0.03 604,155,998 D ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series B Convertible Preferred Stock $ 0.03 10/21/2015 P 321,456,675 10/21/2015 ( 2 ) Common Stock 321,456,675 $ 1,000 321,456,675 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 01/29/2016 P 47,980,000 01/29/2016 03/01/2018 Common Stock 47,980,000 $ 1,439,400 369,436,675 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 03/25/2016 P 13,692,933 03/25/2016 03/01/2018 Common Stock 13,692,933 $ 410,788 383,129,608 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 04/07/2016 P 38,340,200 04/07/2016 03/01/2018 Common Stock 38,340,200 $ 1,150,206 421,469,808 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 05/27/2016 P 15,336,080 05/27/2016 03/01/2018 Common Stock 15,336,080 $ 460,082 436,805,888 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 07/05/2016 P 11,000,000 07/05/2016 03/01/2018 Common Stock 11,000,000 $ 330,000 447,805,888 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 07/27/2016 P 18,333,333 07/27/2016 03/01/2018 Common Stock 18,333,333 $ 550,000 466,139,221 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 08/22/2016 P 12,833,333 08/22/2016 03/01/2018 Common Stock 12,833,333 $ 385,000 478,972,554 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 10/31/2016 P 14,666,666 10/31/2016 03/01/2018 Common Stock 14,666,666 $ 440,000 493,639,220 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 11/29/2016 P 10,083,333 11/29/2016 03/01/2018 Common Stock 12,833,333 $ 302,500 506,472,553 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 12/16/2016 P 11,000,000 12/19/2016 03/01/2018 Common Stock 11,000,000 $ 330,000 517,472,553 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 01/03/2017 P 12,833,333 01/03/2017 03/01/2018 Common Stock 12,833,333 $ 385,000 530,305,886 D ( 1 ) Original Issue Discount Senior Convertible Debenture $ 0.03 01/25/2017 P 25,666,666 01/25/2017 03/01/2018 Common Stock 25,666,666 $ 770,000 555,972,552 D ( 1 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Hillair Capital Investments LP C/O HILLAIR CAPITAL MANAGEMENT LLC 345 LORTON AVE., SUITE 303 BURLINGAME, CA94010 X Hillair Capital Management LLC 345 LORTON AVENUE SUITE 303 BURLINGAME, CA94010 X McAvoy Sean M 345 LORTON AVENUE SUITE 303 BURLINGAME, CA94010 X X Signatures /s/ Sean M. McAvoy - Hillair Capital Investment L.P. 01/26/2017 Signature of Reporting Person Date /s/ Sean M. McAvoy - Hillair Capital Management LLC 01/26/2017 Signature of Reporting Person Date /s/ Sean M. McAvoy 01/26/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reported securities are owned directly by Hillair Capital Investments L.P., a Cayman Islands limited partnership ("Hillair Capital"), and indirectly by Hillair Capital Investments LLC ("Hillair Management"), as the investment advisor of Hillair Capital, and Sean M. McAvoy, as the manager of Hillair Management. Hillair Management and McAvoy disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein. ( 2 )The Series B Convertible Preferred Stock does not have an expiration date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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