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Last Post: 11/18/2018 9:44:12 PM - Followers: 215 - Board type: Free - Posts Today: 52

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: 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
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
PlusOneCoin Top Posts
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PostSubject
#29052  Sticky Note I don't believe RM is an "if." castaways 08/14/18 11:56:44 PM
#24744  Sticky Note Why there will be no Reverse Split, how Sprycel 05/13/18 08:27:50 PM
#30896   Your last post to me said you haven't mtlebomac 11/18/18 09:44:12 PM
#30895   Take it you’re selling all yours! Lol running high 11/18/18 09:19:31 PM
#30894   Yep, you should be able to sell out goldengeo_01 11/18/18 07:53:41 PM
#30893   Tomorrow might be the last chance to get Xl175 11/18/18 07:30:01 PM
#30892   I'm very excited as I know everyone else Crfair2 11/18/18 07:22:46 PM
#30891   Lol I’ll be watching tomorrow then Luckysevens 11/18/18 07:03:54 PM
#30890   Most of us have been here for about Holdingprofits 11/18/18 07:00:48 PM
#30889   Not liking the chart or the ambiguous SEC Luckysevens 11/18/18 06:53:00 PM
#30888   .08s are gonna be gone tomorrow morning. I Reversemergers 11/18/18 06:50:18 PM
#30887   I hear ya on that note. I ignore dave79 11/18/18 06:31:45 PM
#30886   I’ll be the first to say it. Uncleteddy 11/18/18 06:26:37 PM
#30885   Idiot is the correct word. I still believe dave79 11/18/18 05:51:08 PM
#30884   I’m just trying to wrap my head around Uncleteddy 11/18/18 05:36:56 PM
#30883   what kind of dilution and how do you potatoclump 11/18/18 05:31:33 PM
#30882   Better pick up those .08’s while you can. Holdingprofits 11/18/18 05:04:36 PM
#30881   No chance at all. Lol. Holdingprofits 11/18/18 05:03:11 PM
#30880   Funny Teddy! There has been not 1 share dave79 11/18/18 05:01:30 PM
#30879   Has anyone considered dilution? Not bashing I just Uncleteddy 11/18/18 04:58:42 PM
#30878   I don't know that Egan has any direct Grouse Hunter 11/18/18 03:13:57 PM
#30877   Maybe Egan received 4.99% for the shell and Holdingprofits 11/18/18 02:46:04 PM
#30876   So if you do a straight conversion of Grouse Hunter 11/18/18 02:35:08 PM
#30875   Gotcha, fun month ahead! Elcappy1 11/18/18 01:44:31 PM
#30874   The fact that someone bought in the .04s zakkfaerum 11/18/18 01:22:46 PM
#30873   It could be a good time to finish greg19440 11/18/18 01:22:22 PM
#30872   Ditto that. .33 will be a bargain in dave79 11/18/18 01:02:56 PM
#30871   Tomorrow might be the last time shares are Holdingprofits 11/18/18 01:01:40 PM
#30870   I'm about 99.9% positive that our filing/news comes dave79 11/18/18 12:58:24 PM
#30869   Sure looks that way... Perhaps they updated everything dave79 11/18/18 12:56:00 PM
#30868   Looks like the page works again. Doing some zakkfaerum 11/18/18 12:47:30 PM
#30867   Oh I know. I'm all positive here. Just zakkfaerum 11/18/18 12:42:56 PM
#30866   There's an obvious reason why they are late. Elcappy1 11/18/18 12:39:24 PM
#30865   Yeah. The only thing I am 90 percent jerrybrockman 11/18/18 11:56:50 AM
#30864   Let’s just wait and see we know what’s Shazbat 11/18/18 10:44:56 AM
#30863   The Investor relations page is still down I Shazbat 11/18/18 10:43:13 AM
#30862   Close indeed or perhaps eminent! Can’t wait for dave79 11/18/18 08:26:29 AM
#30861   Yes, our patience is going to pay off! Holdingprofits 11/18/18 08:19:01 AM
#30860   I agree! The pieces have been coming together dave79 11/18/18 08:10:57 AM
#30859   I think we are getting something major on Holdingprofits 11/18/18 08:09:33 AM
#30858   I’m sure you’re right. This is awesome! Holdingprofits 11/18/18 08:07:02 AM
#30857   I’ve been checking the website daily for updates, dave79 11/18/18 08:01:27 AM
#30856   I may be mistaken, but I believe it zakkfaerum 11/18/18 07:57:08 AM
#30855   The website was up a couple days age. Holdingprofits 11/18/18 07:53:54 AM
#30854   Agreed! Their website has been up and running dave79 11/18/18 07:21:31 AM
#30853   VERY interesting...!! goldengeo_01 11/18/18 07:14:47 AM
#30852   Nice notice man. Every piece is falling in zakkfaerum 11/18/18 07:08:11 AM
#30851   Interesting that their website has been down this dave79 11/18/18 06:54:12 AM
#30850   Plus natural gas prices are soaring. https://www.google.com/amp/s/www.marketwa Holdingprofits 11/18/18 05:07:04 AM
#30849   TGLO/ Fred Jones has never played the OTC Uncleteddy 11/18/18 05:06:15 AM
#30848   That's 100% my thoughts as well, just seeing zakkfaerum 11/18/18 04:58:22 AM
#30847   Something good is coming down Monday. Holdingprofits 11/18/18 04:52:51 AM
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