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Last Post: 1/23/2019 12:11:10 PM - Followers: 216 - Board type: Free - Posts Today: 2

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) 11/19/2018 03:28:48 PM
TGLO News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/14/2018 04:29:05 PM
TGLO News: Quarterly Report (10-q) 08/13/2018 04:48:19 PM
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PostSubject
#31368  Sticky Note Another new employee added today!! A CEO!!!! dave79 12/05/18 11:32:59 AM
#29052  Sticky Note I don't believe RM is an "if." castaways 08/14/18 11:56:44 PM
#32226   No volume two days straight....hmmmm dmsrz8 01/23/19 12:11:09 PM
#32225   China is still playing shy with investing in fink 01/23/19 02:17:25 AM
#32224   Dancing Bear Investments was just mention on episode chickennoodlesoup89 01/22/19 08:26:27 PM
#32223   these are the days i miss X and zoonall 01/22/19 04:24:38 PM
#32222   Pretty quiet!! zakkfaerum 01/22/19 04:13:19 PM
#32221   zzzzzzzzzzzzzzzzz zzzzzzzzzzz zzzzzzzzzzzzzzzzz zoonall 01/22/19 03:42:20 PM
#32220   Yeah got that part Dallas-Cowboys 01/22/19 02:41:12 PM
#32219   Well, clearly it’s because there is no volume today.... dmsrz8 01/22/19 02:34:31 PM
#32218   Anyone have a take on no volume today? Dallas-Cowboys 01/22/19 02:33:49 PM
#32216   Not Delfin related necessarily but here's a little zakkfaerum 01/20/19 06:59:00 PM
#32214   Going to Dallas feb 1st should I drop VictorMasonIsRight 01/20/19 11:43:44 AM
#32213   Nice post while we are killing time here. Reversemergers 01/20/19 11:30:32 AM
#32209   Haha, love it golden wiwineguy 01/19/19 11:26:44 AM
#32204   No, of course they're not. At least, goldengeo_01 01/18/19 04:39:30 PM
#32203   That is not true, tglo is either an Xl175 01/18/19 04:28:44 PM
#32202   but TGLO is a subsidiary of Delfin. Chenteddybear 01/18/19 04:21:34 PM
#32201   The fundamental problem with all of this is Xl175 01/18/19 04:16:30 PM
#32200   Talisman funds own (or owned) 53.8% of Delfin goldengeo_01 01/18/19 11:12:30 AM
#32199   You need to understand that these anomalies have jerrybrockman 01/17/19 04:52:07 PM
#32198   That’s great! If your throw misses him, I dave79 01/17/19 01:36:56 PM
#32197   i agree 100% zoonall 01/17/19 01:14:06 PM
#32196   I would say over the past year the dave79 01/17/19 01:11:44 PM
#32195   Jump ship, I promise I will throw you wiwineguy 01/17/19 01:09:12 PM
#32194   the crazy thing i can't figure out, shares zoonall 01/17/19 01:03:32 PM
#32193   You have no patience. You’ve been onboard a running high 01/17/19 01:01:13 PM
#32192   Wouldn't it have been a little smarter to tweedking 01/17/19 10:38:00 AM
#32191   You've never been on this ship to begin dave79 01/17/19 10:27:27 AM
#32190   Maybe it’s time for me to jump ship Xl175 01/17/19 10:19:19 AM
#32189   Lmao! Elcappy1 01/16/19 09:58:26 PM
#32188   Well I guess the answer to this is Xl175 01/16/19 05:30:20 PM
#32187   Interesting, Jerry pointed to Vanguard not so goldengeo_01 01/16/19 05:18:32 PM
#32186   Thank you for the insight, and welcome to Xl175 01/16/19 12:28:07 PM
#32184   link zoonall 01/16/19 12:12:32 PM
#32182   well, it's all solved, except who is accumulating zoonall 01/16/19 11:53:08 AM
#32181   The previous morningstar glitch that you were referencing WSB250 01/16/19 11:51:42 AM
#32180   I am ok with being wrong, and I Xl175 01/16/19 11:35:12 AM
#32179   if this is all correct info and this zoonall 01/16/19 11:29:51 AM
#32178   Ok this is hilarious. Too funny friend. ABBAZABBA 01/16/19 11:27:34 AM
#32177   The first time that I saw this morningstar Xl175 01/16/19 10:46:23 AM
#32176   yeah the counts are exactly the same. also potatoclump 01/16/19 09:31:58 AM
#32175   Another glitch in the timeline continuum? goldengeo_01 01/16/19 07:24:14 AM
#32174   I’ve tried typing in a bunch of pos jerrybrockman 01/16/19 06:52:16 AM
#32173   You know this isn't TGLO... goldengeo_01 01/16/19 06:45:40 AM
#32172   Some new poster is worried at 4 in Stocknut 01/16/19 04:40:21 AM
#32171   Yeah ok buddy.. thanks for your 2 posts!!!!! Stocknut 01/16/19 04:23:39 AM
#32170   Wrong. Sorry to burst your bubble. Morningstar is WSB250 01/16/19 04:01:16 AM
#32168   I hope it was a positive trip:) Xl175 01/16/19 03:24:17 AM
#32167   Already verified... Made the trip Stocknut 01/16/19 03:18:44 AM
#32166   Very interesting indeed. Holdingprofits 01/16/19 03:14:24 AM
#32165   And the dates are within the last couple Xl175 01/16/19 03:05:14 AM
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