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Last Post: 9/24/2020 9:31:21 AM - Followers: 206 - 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 
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) 08/07/2020 02:39:53 PM
TGLO News: Quarterly Report (10-q) 05/15/2020 11:47:30 AM
PostSubject
#35656   https://www.lngindustry.com/liquefaction/24092020/north-america-to-lead-small-sc Exposeall 09/24/20 09:31:21 AM
#35655   Wow, I'm selling all at the open, market bigbux1 09/20/20 08:13:14 PM
#35654   BULLSHIT on LNG is dead and I am thirdcoast 09/20/20 05:51:57 PM
#35651   There are no NOLS. Even if there RoddJohnson 09/20/20 01:41:28 PM
#35649   Bring it down, we wait to accumulate again......... In the henhouse 09/14/20 10:46:58 PM
#35648   Agree and it will happen. Just need JAB15 09/09/20 08:03:18 AM
#35647   Same story, no “new” news. After In the henhouse 09/08/20 10:45:56 PM
#35646   Agree Uncleteddy 09/08/20 08:26:59 PM
#35645   Yeah I saw that...still good article tho egreene14 09/08/20 08:12:22 PM
#35644   But then there's this line: senor_c 09/08/20 08:11:07 PM
#35643   Thanks for posting. As expected the can Grouse Hunter 09/08/20 07:03:31 PM
#35642   Thanks for posting this...To me this reads that egreene14 09/08/20 06:38:14 PM
#35641   New article out on Reuters! Sounds like Delfin Jerm17 09/08/20 06:11:35 PM
#35640   How are you. Cayo CAYO 09/06/20 07:48:28 PM
#35639   Anyone want to taking that out? ;) When that ABBAZABBA 09/03/20 02:10:46 PM
#35638   1.5m on the ask @ .07 tweedking 09/03/20 12:05:53 PM
#35637   '...clearly one of the longest to take place' bigbux1 09/01/20 11:11:00 AM
#35636   Well today being September 1st, I wonder how dave79 09/01/20 10:11:20 AM
#35635   LMAO - love the spread - just hilarious senor_c 09/01/20 09:41:55 AM
#35634   https://www.marketbeat.com/articles/trump-administration-finalizes-coal-plant-po Exposeall 08/31/20 10:13:06 PM
#35633   Wow, 5 trades for a whopping 1,030 shares? dave79 08/31/20 10:17:19 AM
#35632   I’m watching that too! Hopefully it means KellySueNews 08/31/20 09:43:13 AM
#35631   And the good old 200 share code to mtlebomac 08/31/20 09:42:46 AM
#35630   .07 - 110 shares will take you up mtlebomac 08/31/20 09:37:24 AM
#35629   Need a tax attorney, if they merge into I Dump 08/31/20 08:57:50 AM
#35628   Is this information we seek only available in Xl175 08/29/20 05:05:59 PM
#35627   The change of ownership with regards to the Xl175 08/29/20 04:57:05 PM
#35626   Good read. Really need a corporate atty's JAB15 08/29/20 03:51:48 PM
#35625   How much longer are they good for? What Xl175 08/29/20 02:04:01 PM
#35624   If anyone is interested in “going down a Xl175 08/29/20 02:01:23 PM
#35623   That’s right they did the RS prior to Xl175 08/29/20 01:59:27 PM
#35622   https://www.stocksplithistory.com/?symbol=mpet I didn't see any for TELL aft JAB15 08/29/20 12:37:25 PM
#35621   I believe that I was in error, Magellan Xl175 08/29/20 12:30:24 PM
#35620   If you look close, I believe that you Xl175 08/29/20 12:07:24 PM
#35619   Please note that all pps referenced below are JAB15 08/29/20 09:21:13 AM
#35618   Thx Jab, my takeaway from this is, we Xl175 08/28/20 04:07:36 PM
#35617   Check out SOLS ticker. RM 3 weeks ago JAB15 08/28/20 03:03:20 PM
#35616   What does Delfin actually have on the ground? JAB15 08/26/20 10:14:02 PM
#35615   But hey, it will be an insurance T&M project.... thirdcoast 08/26/20 08:04:47 PM
#35614   Laura is going to hammer the station. If thirdcoast 08/26/20 08:02:47 PM
#35613   yes, however the real risk is high storm thirdcoast 08/26/20 11:35:31 AM
#35612   Exactly. What about all the stations and facilities JAB15 08/26/20 11:31:46 AM
#35611   Looking forward to it. The beauty of the thirdcoast 08/26/20 11:29:43 AM
#35610   Good News. Stay safe. We are counting on JAB15 08/26/20 11:25:17 AM
#35609   All is well here as I am finishing thirdcoast 08/26/20 11:22:04 AM
#35608   This is all about HH + % and Xl175 08/26/20 10:29:58 AM
#35607   The flip side is contracts (profitable) wont be JAB15 08/26/20 10:27:00 AM
#35606   I hate to say this but I totally Xl175 08/26/20 10:19:45 AM
#35605   Wow they are bent on keeping the price Xl175 08/26/20 10:14:19 AM
#35604   Cameron is going to get just hammered. No JAB15 08/26/20 10:13:35 AM
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