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Last Post: 3/7/2021 3:48:02 PM - Followers: 211 - Board type: Free - Posts Today: 0

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 
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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

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 


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 


Project Overview










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) 11/10/2020 01:00:07 PM
#36803   You are right. The people they have involved, zakkfaerum 03/07/21 03:48:02 PM
#36802   This plays right into the Delfin model. How JAB15 03/07/21 10:41:38 AM
#36801   Old news but worth noting again.... JAB15 03/07/21 10:32:44 AM
#36800   I'm still here and still buying. See what CAYO 03/07/21 09:39:37 AM
#36799   On second thought, I don’t believe it. jerrybrockman 03/06/21 01:08:53 AM
#36798   I don’t believe that anyone is flipping, or Xl175 03/04/21 12:10:36 PM
#36797   Heeeehehehe sell sell sell - get those profits senor_c 03/04/21 12:05:20 PM
#36796   All fake trades. Xl175 03/04/21 11:58:16 AM
#36795   Looks like they took the time this morning Xl175 03/04/21 11:57:45 AM
#36794   I bet dollars to doughnuts that the guy Xl175 03/04/21 10:24:39 AM
#36793   Wow there it is 788 again! It will Xl175 03/04/21 10:21:44 AM
#36792   265,535 shares traded today. However only 788 of Xl175 03/03/21 06:49:47 PM
#36791   Sounds like somebody got a margin call, good jerrybrockman 03/03/21 04:41:24 PM
#36790   Looking rough everywhere! Exposeall 03/03/21 03:52:09 PM
#36789   Looking rough in the shell sector today. Xl175 03/03/21 02:17:07 PM
#36788   Lol, that’s fantastic Xl175 03/03/21 10:44:15 AM
#36787   You mean stimulus check? bigbux1 03/03/21 10:39:10 AM
#36786   Anyone get their dividend check yet? Xl175 03/02/21 06:38:46 PM
#36785   People? Or MM?, I believe that the real Xl175 03/02/21 06:31:48 PM
#36784   It's interesting that people feel the need to senor_c 03/02/21 04:07:21 PM
#36783   Anyone see the latest sales estimate? Xl175 03/02/21 02:37:15 PM
#36782   Is the stock trading lower because of they Xl175 03/02/21 02:35:27 PM
#36781   Who’s a millionaire here? Or all we all Exposeall 03/02/21 01:50:47 PM
#36780   Jerry's on it. wiwineguy 03/02/21 12:21:59 PM
#36779   Thought somebody was going to start slapping the JAB15 03/02/21 11:51:17 AM
#36778   JErry..how do keep escaping, let's go, it's time bigbux1 03/01/21 04:41:31 PM
#36777   It’s time to hit the ask, add to Xl175 03/01/21 03:00:02 PM
#36776   This is your Captain speaking, the New Mexico jerrybrockman 03/01/21 12:37:26 AM
#36775   Wait for a tendered offer? Xl175 03/01/21 12:10:18 AM
#36774   So hypothetically speaking if an Ihub trailer park Xl175 03/01/21 12:05:22 AM
#36773   Let's wish you an early birthday present shall we? JAB15 02/28/21 09:41:40 PM
#36772   That’s my birthday so that would be a Crfair2 02/28/21 10:39:38 AM
#36771   About $100MM nsomniyak 02/26/21 01:33:50 PM
#36770   Excellent! tweedking 02/26/21 01:31:16 PM
#36769   Thanks and great. Given their history that means JAB15 02/26/21 01:08:56 PM
#36768   Looks like 1st half 2021 based on this MKE Whale 02/26/21 11:27:41 AM
#36767   I had seen the reference to 1st quarter JAB15 02/26/21 10:33:57 AM
#36766   What is the difference between TGLO and a mitcheroo 02/26/21 10:27:49 AM
#36765   FID is due this quarter (per Delfin) so tweedking 02/26/21 05:39:51 AM
#36764   I was thinking Netflix and chill. tweedking 02/26/21 05:26:35 AM
#36763   Darren Spaulding advise clients on energy Mergers and acquisitions Uncleteddy 02/25/21 08:58:45 PM
#36762   https://bracewell.com/content-search?search_api_fulltext=Delfin&type=&sort_by=se Uncleteddy 02/25/21 08:55:33 PM
#36761   Good intel. Take one out for dinner, JAB15 02/25/21 06:46:44 PM
#36760   Bracewell llp apparently has 4 attorneys working with tweedking 02/25/21 04:38:30 PM
#36759   got my letter wiwineguy 02/25/21 09:11:05 AM
#36758   I love this post. It reveals everything I Xl175 02/25/21 01:48:12 AM
#36757   Relax X, In the henhouse 02/25/21 12:27:00 AM
#36756   Great info Dave. This is definitely going to zakkfaerum 02/24/21 10:39:25 AM
#36755   Anything is possible. Certain with the Delfin exec's dave79 02/24/21 09:55:34 AM
#36754   Good Info thanks! If it runs like that JAB15 02/24/21 09:44:10 AM
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