Heartland Oil and Gas Corp. (PINK:HTOG) was born to life in 1998 in order to devote itself to the exploration and development of oil and gas properties. According to the official data, in 2007 Universal Property Developments and Acquisition Corporation (UPDV) acquired a 52% interest in HTOG, which in 2008 had subsequently decreased to 16% due to a reverse stock split and a couple of additional transactions.
Unfortunately, later on, instead of bringing progress, the acquisition by UDPV brought havoc…