Below are highlights from Benzinga's daily coverage of microcap securities. Benzinga provides comprehensive, objective, and conflict-free coverage of the microcap sector in real-time at

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Legend Oil and Gas (

), the Seattle, WA oil and gas exploration/exploitation, development and production company, responded Wednesday to reports written by Isaac Silbermann, a short seller. The reports were related to the management and directors of Legend Oil and Gas and were published by SeekingAlpha.com and released on November 20 and November 21, 2011. Legend stated: 'It appears as though Mr. Silbermann's intent through the generation of these inflammatory articles, is to instill investor panic and create a downward trend in the Company's stock price. A fall in the Company's stock price would result in personal gain for Mr. Silbermann because he is short the stock. We strongly and vigorously deny the allegations made by Mr. Silbermann in his articles' Legend Oil and Gas Shares traded at 11 times the average daily volume Wednesday, in a range of $0.58 to $1.39 and ended the day at $1.20, a gain of 93% for the day. Calls by Benzinga into Legend Oil and Gas were not answered.

Sino-Global Shipping America (NASDAQ:

), the Flushing, NY based leading non-state-owned provider of shipping agency services operating primarily in China, announced Tuesday that it had signed a memorandum of understanding (

Bourque Industries (

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