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Last Post: 5/26/2018 12:48:04 PM - Followers: 209 - Board type: Free - Posts Today: 12

S&P GLOBAL HEADLINE, Developer of US gas export project weighs reverse merger with idled tech company.”

The developer of the proposed Delfin LNG export project said in a Jan. 11 filing with the SEC that it may complete a reverse merger with theglobe.com after buying a 71% stake in the idled technology company on the last day of 2017.

In the filing, Fairwood Peninsula Energy Corp., which owns LNG developer Delfin Midstream LLC, said it was appointing Fairwood Director William "Rusty" Nichols as chairman of the board, CEO and CFO of theglobe.com. "In addition, Delfin Midstream currently anticipates that it may enter into an agreement with the Issuer to merge into the Issuer, sell its assets to the Issuer or otherwise consolidate all of substantially all of the Issuer's business with Delfin Midstream," the filing said. "However, there can be no assurance that the Issuer will be successful in consummating any such transaction in the near future, if at all."

Delfin on Dec. 31, 2017, closed a $25,000 deal to buy a majority stake in idled tech company theglobe.com Inc. for less than a penny per share. As of market close on Jan. 11, Delfin's nearly 313 million shares were worth nearly $63 million.
A source familiar with the matter had previously told S&P Global Market Intelligence on condition of anonymity that a reverse merger was one of the options the company was considering. The Jan. 11 filing is the first official word from the company on the development.

Two other U.S. LNG export hopefuls have gone public via a reverse merger over the past year as they seek access to capital markets to help finance multibillion-dollar project proposals. Tellurian Inc., which was co-founded by the former CEO of U.S. LNG export pioneer Cheniere Energy Inc., in February 2017 closed on a reverse merger with the former Magellan Petroleum Corp. NextDecade Corp. in July 2017 completed a deal with blank-check company Harmony Merger Corp. Both Tellurian's Driftwood LNG and NextDecade's Rio Grande LNG projects are awaiting approval from the Federal Energy Regulatory Commission.

The $7 billion Delfin LNG export terminal is one of four fully permitted U.S. projects awaiting a final investment decision. The developer has signed a nonbinding agreement with China Gas Holdings Ltd. for 3 million tonnes per annum of LNG for 15 years starting in 2022.
The 13 mtpa project in June 2017 received authorization from the U.S. Department of Energy to export to countries with which the U.S. does not have a free trade agreement. The location of the proposed facility, about 40 nautical miles off the coast of Cameron Parish, La., makes the offshore portion of the project subject to the Deepwater Port Act and the jurisdiction of the U.S. Coast Guard and the U.S. Department of Transportation's Maritime Administration, which approvedthe project in March 2017. 

The Delfin LNG project would be the first offshore liquefaction terminal in the U.S.

Source: https://platform.mi.spglobal.com/web/client?auth=inherit#news/article?id=43176097&cdid=A-43176097-11055

TGLO’s New Transfer Agent is VCORP

VCORP named 1-of-the 5,000 fastest-growing co.,3-years in-a-row 

Vcorp Services Named to Inc. 500|5000 List of America's Fastest-Growing Private Companies 
Share Article 

Vcorp Services, LLC ("Vcorp"), a leading Corporate Filing and Registered Agent provider, has been named by Inc. Magazine for the third consecutive year as one of the 5,000 fastest-growing private companies in America. 

President and Editor-In-Chief Eric Schurenberg said, "On average, the companies on the list have grown almost six-fold over the past three years. That’s a result most businesses could only dream of.” 

Monsey, NY (PRWEB) August 27, 2015 

For the third consecutive year, Vcorp Services, LLC ("Vcorp"), a leading Corporate Filing and Registered Agent provider, has been named by Inc. Magazine as one of the 5,000 fastest-growing private companies in America. 

For 34 years, The Inc. 500|5000 has recognized the country's fastest-growing private companies in the nation. The annual listing represents the most comprehensive look at independent minded entrepreneurs in the nation. In addition to Vcorp Services, the 2015 list adds such powerhouses as Fitbit, Smashburger, Bowlmor AMF, Planet Fitness, Giftcards.com, Radio Flyer, Box, and Mindbody. 

President and Editor-In-Chief Eric Schurenberg said, "On average, the companies on the list have grown almost six-fold over the past three years. That’s a result most businesses could only dream of.” 
Complete results of the Inc. 500 / 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000

About Vcorp Services LLC 
Vcorp Services assists in the creation of new businesses and helps maintain existing businesses in all 50 states. Quick, accurate and at the lowest rates, Vcorp’s knowledgeable and experienced staff has helped form thousands of new businesses including: LLCs, S-Corporations, C-Corporations, Partnerships, Non-Profits and Professional Corporations. Vcorp works with entrepreneurs, legal and tax professionals, as well as real estate experts to set up and maintain businesses across the country. Vcorp also specializes in helping small businesses to get started, grow and remain in compliance with federal and state regulations. For more information, go to http://www.vcorpservices.com
http://www.prweb.com/releases/2015/08/prweb12927137.htm


Delfin CEO Frederick Jones has his eye on 4, count 'em, 4 FLNGVs. Two billion dollars each. 

 

This is his dream. He is 74 years old. He is in a hurry. 

 

$1,500,000,000 loan. 

 

 

 

 

 

 

 

 

 

 

 

Strong Buy 

TGLO


Comparable Sector Valuations

Symbol----O/S ------Market Cap---Operational--Capacity 
TGLO--441 Million--$90 Million--2021--13 Million 
NEXT--106 Million--$900 Million---?----27 Million 
TELL--212 Million--$2.4 Billion--2023--27.6 Million 
LNG---237 Million--$13 Billion---2016--27 Million 

Website
http://www.delfinlng.com/

Project Overview
http://www.gaselectricpartnership.com/kDelfin.pdf 

Filings
https://ih.advfn.com/stock-market/USOTC/theglobe-com-inc-pc-TGLO/news 

Headlines
https://globenewswire.com/news-release/2017/06/21/1027141/0/en/Golar-LNG-and-Delfin-Midstream-sign-agreement-to-jointly-develop-the-Delfin-LNG-Project-in-the-US-Gulf-of-Mexico.html 

http://www.lngworldshipping.com/news/view,us-says-yes-to-delfin-floating-lng-project_47936.htm 

http://www.oedigital.com/geoscience/item/16769-flng-projects-taking-shape 

https://energy.gov/articles/us-department-energy-authorizes-additional-liquefied-natural-gas-exports-offshore-project 

https://energy.gov/articles/us-department-energy-authorizes-additional-liquefied-natural-gas-exports-offshore-project 

http://fuelfix.com/blog/2015/07/01/enbridge-takes-5-percent-stake-in-planned-offshore-lng-project/ 

https://www.lngworldnews.com/tag/delfin-lng/ 

https://www.reuters.com/article/us-china-usa-lng-delfin/delfin-taps-china-for-us-floating-lng-plant-but-final-investment-decision-challenging-ceo-idUSKBN1D90SL 

Project Overview

Delfin LNG is developing the first floating liquefied natural gas vessels (FLNGVs) in North America. Having already completed the permitting process with the Department of Energy (DOE), Maritime Administration (MARAD), and the United States Coast Guard (USCG), Delfin LNG is a highly-advanced, shovel ready project that expects to be operational by 2021/2022. 

The Delfin LNG project will consist of four primary components (see rendering below): 

An existing, subsea pipeline called UTOS, which was purchased from Enbridge in 2014 

A newly-built onshore compressor system, which will allow gas to flow through UTOS from onshore Louisiana to the Delfin LNG Deepwater Port 
The Delfin LNG Deepwater Port, which is located up to 50 miles off the coast of Louisiana and will be the site of 4 mooring systems to house the FLNGVs 

4 FLNGVs with a total export capacity of 13 million metric tonnes per year of LNG 

Delfin LNG is convinced that floating liquefaction will be the future of LNG production. Floating liquefaction is environmentally-friendly, cost-competitive, economical with limited scale, moveable in the event of a hurricane, and has a shorter and more efficient construction schedule relative to an onshore project. Further, in the event that global energy markets change dramatically in the coming decades, a floating liquefaction plant provides greater flexibility for decommissioning and redeployment. The offshore location of the project's FLNGVs, nearly 50 miles off the coast of Louisiana, will significantly reduce coastal LNG carrier traffic while minimizing near-shore environmental impacts.                                                  

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TGLO News: Quarterly Report (10-q) 05/15/2018 04:41:48 PM
TGLO News: Annual Report (10-k) 03/30/2018 01:04:10 PM
TGLO News: Life's Time Capsule (LTCP) Taps into the Biggest Business in the World - The Church 01/18/2018 07:18:35 AM
TGLO News: Amended Statement of Beneficial Ownership (sc 13d/a) 01/11/2018 05:29:33 PM
TGLO News: Current Report Filing (8-k) 01/11/2018 04:40:41 PM
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PostSubject
#25781  Sticky Note TELL did NOT reverse split with MPET as Toxic Avenger 05/24/18 03:14:24 PM
#24753  Sticky Note Let's not throw the cart before the horse. castaways 05/13/18 11:35:31 PM
#24744  Sticky Note Why there will be no Reverse Split, how Sprycel 05/13/18 08:27:50 PM
#24433  Sticky Note Wow, it must have been a low bid. Toxic Avenger 05/10/18 05:09:47 PM
#21996  Sticky Note theglobe.com, inc. (OTCMKTS:TGLO) has emerged as an exciting ResidualRevenue 04/11/18 09:36:17 PM
#25900   Don’t read those posts ! Useless Mr Wowza 05/26/18 01:16:15 PM
#25899   Hilarious. Also if you note, a sign that zakkfaerum 05/26/18 12:48:04 PM
#25898   did you see the post about TA and zoonall 05/26/18 12:40:58 PM
#25897   Always doom and gloom. If we were to zakkfaerum 05/26/18 12:31:35 PM
#25896   find out when the next convention is first, johnnylaw12 05/26/18 11:32:55 AM
#25895   Gloom and doom. So should I sell all Chenteddybear 05/26/18 11:12:43 AM
#25894   there's not going to be a squeeze. johnnylaw12 05/26/18 11:07:05 AM
#25893   The only unregistered/restricted shares are those held by Toxic Avenger 05/26/18 08:21:17 AM
#25892   .03 is the first stop VictorMasonIsRight 05/26/18 08:06:24 AM
#25891   Who’s ready for the big squeeze!!!? Georgia0nmymind 05/26/18 12:31:33 AM
#25890   I agree! Holdingprofits 05/26/18 12:18:14 AM
#25888   Absolutely true lol go $TGLO Georgia0nmymind 05/25/18 11:59:05 PM
#25887   Good word-Gamble. That's what it is. At johnnylaw12 05/25/18 11:56:58 PM
#25886   Indeed,trying to keep tglo dropping out of my Georgia0nmymind 05/25/18 11:52:03 PM
#25885   I think there's a chance. I also think johnnylaw12 05/25/18 11:45:58 PM
#25884   You still think this will pay off though Georgia0nmymind 05/25/18 11:41:11 PM
#25883   when's the next convention? we should start johnnylaw12 05/25/18 11:30:54 PM
#25882   at this rate you'll get to see it johnnylaw12 05/25/18 11:28:15 PM
#25881   silly comment zoonall 05/25/18 11:26:02 PM
#25880   since it's really just a shell and not johnnylaw12 05/25/18 11:22:12 PM
#25879   Get ready? For what? johnnylaw12 05/25/18 11:16:24 PM
#25878   ;-);-) goldengeo_01 05/25/18 05:47:54 PM
#25877   I guess we have a different definition of Toxic Avenger 05/25/18 05:41:34 PM
#25876   158k sold vs 117k bought and it's green. zoonall 05/25/18 05:07:55 PM
#25875  Restored It's not quite true that the stock "barely goldengeo_01 05/25/18 05:07:22 PM
#25873   Yeah, it wouldn't have been a 3 day Toxic Avenger 05/25/18 04:10:10 PM
#25872   Nice little close!! zakkfaerum 05/25/18 04:02:03 PM
#25871   thats a beautiful looking chart, if thats negative, zoonall 05/25/18 03:46:27 PM
#25870   Once they announce the R/S and new ownership Toxic Avenger 05/25/18 03:46:12 PM
#25869   The negativity will be reversed once RM announced imo Crfair2 05/25/18 03:42:01 PM
#25868   200MA is meaningless on a stock that barely Toxic Avenger 05/25/18 03:35:41 PM
#25867   200MA is no joke. 5 month consolidation is Chenteddybear 05/25/18 03:28:12 PM
#25866   For every sell there's a buy, so someone zakkfaerum 05/25/18 03:10:28 PM
#25865   i hub isn't buying, someone is, because over zoonall 05/25/18 02:23:49 PM
#25864   Nobody here is buying...just a lot of talk Florida_or_bust 05/25/18 02:17:53 PM
#25863   over the last 3 days around 1 mill zoonall 05/25/18 02:09:19 PM
#25862   Well not really in this case, the 50MA EdF 05/25/18 01:47:34 PM
#25861   200ma keeps going up and thats a good thing. zoonall 05/25/18 01:29:37 PM
#25860   Can TGLO hold the 200MA? EdF 05/25/18 01:10:59 PM
#25859   What timeline are you looking at Socky 1 05/25/18 01:04:53 PM
#25858   There will be a time to BUY TGLO VictorMasonIsRight 05/25/18 12:56:21 PM
#25857   I completely agree. The timeline says we are zakkfaerum 05/25/18 12:51:34 PM
#25856   this is being bought up,, look at the zoonall 05/25/18 12:32:02 PM
#25855   It must be getting close to go time. bigrun 05/25/18 12:25:37 PM
#25853  Restored Regarding LONGS. Why on earth would we JAB15 05/25/18 10:59:03 AM
#25851   It's a general statement to everyone. I johnnylaw12 05/25/18 10:34:00 AM
#25850   These guys sold their shares in the .10-.20 Florida_or_bust 05/25/18 10:31:19 AM
#25849   You be concerned with your trading and I bigrun 05/25/18 10:28:33 AM
#25846   Dont use it with penny stocks. bigrun 05/25/18 10:23:24 AM
#25845   Pro Tip-remember to set your stop loss just johnnylaw12 05/25/18 10:20:28 AM
PostSubject