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Last Post: 7/22/2018 12:54:06 AM - Followers: 222 - Board type: Free - Posts Today: 11

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: Amended Current Report Filing (8-k/a) 07/06/2018 05:33:55 PM
TGLO News: Current Report Filing (8-k) 07/05/2018 06:04:23 AM
TGLO News: Statement of Changes in Beneficial Ownership (4) 07/03/2018 06:49:55 PM
TGLO News: Statement of Changes in Beneficial Ownership (4) 07/03/2018 06:49:28 PM
TGLO News: Quarterly Report (10-q) 05/15/2018 04:41:48 PM
PlusOneCoin Top Posts
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PostSubject
#27740  Sticky Note $TGLO: Form 3 OUT==> Sibware 07/09/18 09:21:15 PM
#27397  Sticky Note No one relies on shareholders not voting to Toxic Avenger 07/06/18 12:17:05 PM
#27088  Sticky Note $TGLO-SC13D/A: 2 New Directors from Enbridge and Talisman==> Sibware 07/05/18 09:02:46 AM
#24744  Sticky Note Why there will be no Reverse Split, how Sprycel 05/13/18 08:27:50 PM
#28374   Well one thing is for sure, we only Xl175 07/22/18 12:54:06 AM
#28373   Hmm... If it includes 71% of Tglo, it Holdingprofits 07/22/18 12:47:52 AM
#28372   Let’s not forget that they own 71% of Xl175 07/22/18 12:43:06 AM
#28371   I am thinking the number of AS shares Holdingprofits 07/22/18 12:40:06 AM
#28370   Well, by reverse calculating, using the Authorized Shares Holdingprofits 07/22/18 12:38:00 AM
#28369   The number of shares may be completely arbitrary. Xl175 07/22/18 12:36:27 AM
#28368   My initial thought on the 26,800,030 shares was Xl175 07/22/18 12:31:17 AM
#28367   I understand, I have been chewing on it Xl175 07/22/18 12:21:32 AM
#28366   That is what I thought. DE doesn’t give Holdingprofits 07/22/18 12:10:58 AM
#28365   Delfin Midstream Inc. I paid the state of Xl175 07/22/18 12:06:37 AM
#28364   On the DE site, which Delfin company did Holdingprofits 07/22/18 12:03:59 AM
#28363   Any guesses on why Delfin has 26,800,030 shares Xl175 07/21/18 11:47:03 PM
#28362   These numbers also roughly follow or mirror the Xl175 07/21/18 11:42:40 PM
#28361   Well here is a part of the puzzle: Xl175 07/21/18 11:34:17 PM
#28360   One who knows nothing has no answers JAB15 07/21/18 10:08:25 PM
#28359   This answer should be priceless. Lmao. Holdingprofits 07/21/18 10:00:10 PM
#28358   Too early..... based on what? Grouse Hunter 07/21/18 09:33:29 PM
#28356   Will not happen, it is still to early realdeal/or/not 07/21/18 07:30:08 PM
#28354   Do you mean after the 10Q report? Holdingprofits 07/21/18 03:57:31 PM
#28353   Too bad. It was a good read about manipulation. Holdingprofits 07/21/18 03:56:14 PM
#28352   Watch for Q2. Merger announcement will be Chenteddybear 07/21/18 11:20:39 AM
#28349   What link ? Didn't get the chance of realdeal/or/not 07/21/18 07:16:44 AM
#28346   Nice link Flanker Crfair2 07/20/18 11:18:31 PM
#28342   https://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp realdeal/or/not 07/20/18 05:09:56 PM
#28341   Sorry, this won't bring the share price lower, Holdingprofits 07/20/18 05:04:30 PM
#28340   "Just saying don't wait to get shares hoping realdeal/or/not 07/20/18 04:49:10 PM
#28337   Indeed so... Exposeall 07/20/18 01:30:08 PM
#28336   Sir getting them 3 percent cheaper. I’m not running high 07/20/18 01:22:10 PM
#28332   Smart big money is loading... Exposeall 07/20/18 12:48:44 PM
#28331   Williams Jones & Associates, Financial planners based in Exposeall 07/20/18 12:44:27 PM
#28330   amen brother, let's all unload! potatoclump 07/20/18 12:38:47 PM
#28327   Ok, but TGLO DOWN 3% sir90 07/20/18 12:34:49 PM
#28323   GM longs and great weekend!! Mr Wowza 07/20/18 10:02:41 AM
#28322   Sorry, this won't bring the share price lower, Holdingprofits 07/20/18 09:48:11 AM
#28321   Descriptive yes but useful no. JAB15 07/20/18 08:24:08 AM
#28320   This kind of news is more relevant, usefull realdeal/or/not 07/20/18 05:39:36 AM
#28319   Agreed! LMAO! TGLO Elcappy1 07/20/18 12:43:23 AM
#28318   Very nice! TGLO Elcappy1 07/20/18 12:40:40 AM
#28317   How obtuse, it's simply proof of growth in Flanker7 07/20/18 12:11:05 AM
#28316   Lol running high 07/19/18 06:17:58 PM
#28314   Blues clues... Exposeall 07/19/18 06:09:24 PM
#28313   Yes, but still relevant. Exposeall 07/19/18 06:05:47 PM
#28312   Sorry, this won't bring the share price higher, realdeal/or/not 07/19/18 06:05:01 PM
#28311   https://www.bechtel.com/newsroom/releases/2018/07/bechtel-grows-energy-resource- Uncleteddy 07/19/18 05:49:57 PM
#28310   04 August 2015 almost 3 years old bigbux1 07/19/18 05:24:28 PM
#28309   New ticker coming soon! :-) Jones is the Man!!! Exposeall 07/19/18 05:06:12 PM
#28308   HUGE potatoclump 07/19/18 05:05:45 PM
#28307   https://www.bechtel.com/newsroom/releases/2018/07/bechtel-grows-energy-resource- Exposeall 07/19/18 05:02:24 PM
#28306   https://www.bechtel.com/newsroom/releases/2015/08/bechtel-wins-contract-first-fl Exposeall 07/19/18 05:01:37 PM
#28304   Looking forward to it. Holdingprofits 07/19/18 03:59:02 PM
PostSubject