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Last Post: 1/23/2018 9:08:02 AM - Followers: 195 - Board type: Free - Posts Today: 43

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: 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
TGLO News: Initial Statement of Beneficial Ownership (3) 01/11/2018 04:38:29 PM
TGLO News: Statement of Beneficial Ownership (sc 13d) 01/11/2018 06:05:02 AM
PostSubject
#9470  Sticky Note Yes. It's still part of the Texas fink 01/21/18 01:30:42 PM
#9420  Sticky Note It doesn't. The only scenarios in which Delfin Toxic Avenger 01/21/18 12:15:50 PM
#9157  Sticky Note TGLO~~ SCAM ALERT ,, NO DEAL,BOOOD HEREmm~~ THIS IS N m1999 01/20/18 10:50:15 PM
#1884  Sticky Note Keep your eye on the prize. Helter Skelter 12/28/17 11:02:47 AM
#10304   The last 8k tells us everything we need jerrybrockman 01/23/18 09:08:02 AM
#10303   2nd Annual LNG USA Summit MoneyMan 01/23/18 09:07:23 AM
#10302   Thanks for you help! :) Do you have fredean 01/23/18 09:07:06 AM
#10301   The CWC World LNG & Gas Series 16th MoneyMan 01/23/18 09:06:12 AM
#10300   LIQUEFIED NATURAL GAS CONFERENCE MoneyMan 01/23/18 09:04:33 AM
#10299   Boom another multi-billion dollar partner discovered. NYSE:GEL with MoneyMan 01/23/18 08:58:31 AM
#10298   Check out this link to get an answer shanak10 01/23/18 08:55:58 AM
#10297   GM, great day yesterday let's make a new ttrader707 01/23/18 08:53:10 AM
#10296   Besides granting Delfin permission to move ahead with MoneyMan 01/23/18 08:50:20 AM
#10295   MoneyMan Thanks for posting links. shanak10 01/23/18 08:50:02 AM
#10294   I agree, your question was a fair one. doug573 01/23/18 08:47:02 AM
#10293   Yes, they broke up my orders in 2500 lots. olico ™ 01/23/18 08:42:38 AM
#10292   It doesn't. Zorro 01/23/18 08:41:56 AM
#10291   Additional LNG buying has also inflated spot prices, MoneyMan 01/23/18 08:37:09 AM
#10290   China Passes South Korea as World’s No. 2 MoneyMan 01/23/18 08:32:57 AM
#10289   A lot of articles today about China overtaking MoneyMan 01/23/18 08:32:32 AM
#10288   Point me to the article that sais that fredean 01/23/18 08:09:35 AM
#10287   I have made $$ on the .002s / Outcast27 01/23/18 07:32:59 AM
#10286   There were several large blocks yesterday, the biggest MWM 01/23/18 06:53:53 AM
#10285   Yes, very GOOD...Was that a 175000...trade, yesterday...WOw Outcast27 01/23/18 06:53:14 AM
#10284   Pretty much any day now! But it’s hard MWM 01/23/18 06:49:24 AM
#10283   We get some NEWS we get some action..... Outcast27 01/23/18 06:47:02 AM
#10282   We get some more of that action that MWM 01/23/18 06:34:46 AM
#10281   Whats up with all the 2500 trades, is Outcast27 01/23/18 06:34:18 AM
#10280   Gm all, let’s see new 52 week’s high today Mr Wowza 01/23/18 06:03:41 AM
#10279   Let's see some continuation today of the clear timmage 01/23/18 06:03:39 AM
#10278   Can't sleep I just keep thinking how TGLO 1masonunderGod 01/23/18 05:40:06 AM
#10276   Well you can always google what the meaning Shazbat 01/23/18 01:18:50 AM
#10275   At the end of the day it doesn’t S2focus 01/23/18 01:06:45 AM
#10274   Seriously. That is not needed here. Holdingprofits 01/23/18 12:55:01 AM
#10271   Go Montreal!!! Sprycel 01/23/18 12:30:25 AM
#10270   Oh of course; but their client base is S2focus 01/23/18 12:20:13 AM
#10269   Houston has a big one in March. You MoneyMan 01/23/18 12:17:05 AM
#10268   Let it go fredean 01/23/18 12:14:53 AM
#10267   Remember the first Japan LNG convention is feb S2focus 01/23/18 12:13:41 AM
#10266   Another catalyst like filing or major news article MoneyMan 01/23/18 12:11:44 AM
#10265   Remember before the MMs stepped in we were S2focus 01/23/18 12:09:20 AM
#10264   Another 50% move puts this at .39 We MoneyMan 01/23/18 12:08:17 AM
#10263   And that’s exactly what happened Friday, over 6 S2focus 01/23/18 12:05:49 AM
#10262   You dont have to copy and paste.. Just PyschoNoobStock 01/23/18 12:05:24 AM
#10261   TGLO$$$$$$$$$$$$$ 1.00 COMING CMsixfigures 01/22/18 11:58:07 PM
#10258   I love Canadians! French Canadians are arrogant! Sprycel 01/22/18 11:19:17 PM
#10257   If you say so! fredean 01/22/18 11:11:54 PM
#10256   No doubt a lot of us "bought-the-dips," on sir90 01/22/18 11:05:38 PM
#10255   That is where you make the most money Sprycel 01/22/18 11:04:08 PM
#10254   Very true, but I and everyone here saw S2focus 01/22/18 10:55:23 PM
#10253   100% accurate, only inexperienced are fooled by that fredean 01/22/18 10:55:06 PM
#10252   Yes, because we all know the most experienced fredean 01/22/18 10:53:52 PM
#10251   Bear in mind that many times a stock sir90 01/22/18 10:53:24 PM
#10250   Goes to show you don’t need a piece S2focus 01/22/18 10:53:05 PM
PostSubject