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Last Post: 10/16/2019 8:37:26 PM - Followers: 216 - Board type: Free - Posts Today: 6

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.                                                  

TGLO
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TGLO News: Current Report Filing (8-k) 08/27/2019 02:06:34 PM
TGLO News: Quarterly Report (10-q) 08/13/2019 03:13:07 PM
TGLO News: Additional Information (definitive) (defa14c) 07/12/2019 05:17:03 PM
TGLO News: Information Statement - All Other (definitive) (def 14c) 07/12/2019 05:10:45 PM
TGLO News: Quarterly Report (10-q) 05/15/2019 11:43:52 AM
PostSubject
#29052  Sticky Note I don't believe RM is an "if." castaways 08/14/18 11:56:44 PM
#34469   Agreed. It's not much volume but someone is senor_c 10/16/19 08:37:25 PM
#34468   You ready friend? It’s all coming! Go TGLO. https://youtu.be/7wtfhZwyrcc ABBAZABBA 10/16/19 05:15:44 PM
#34467   Something definitely up here. 2 months away from Xmas. Chenteddybear 10/16/19 03:55:07 PM
#34466   https://www.energy.gov/sites/prod/files/2019/10/f67/Delfin%20LNG%2C%20LLC%2C.pdf JAB15 10/16/19 01:27:04 PM
#34465   DOE October progress report is filed. Xl175 10/16/19 01:15:08 PM
#34464   interesting - some more slapping recently - if senor_c 10/16/19 12:07:32 PM
#34463   When Delfin bought this shell Tglo we went Reversemergers 10/15/19 05:27:42 PM
#34462   I've been fortunate to grab some shares in senor_c 10/15/19 05:25:26 PM
#34461   6 trades to get 14k shares. I’ll Grouse Hunter 10/15/19 05:16:41 PM
#34460   All good things come to those who wait ABBAZABBA 10/15/19 04:23:43 PM
#34459   Up 25 percent on 14k volume. Real Longs have Reversemergers 10/15/19 02:14:50 PM
#34458   Thanks. Bullish article. But they sound Grouse Hunter 10/14/19 08:43:18 PM
#34457   https://www.naturalgasintel.com/articles/119879-five-us-lng-export-projects-eyed Uncleteddy 10/14/19 07:35:35 PM
#34456   Tick tock, FID 2019. Reversemergers 10/12/19 11:21:57 PM
#34455   Waiting for the ship to ...... In few WSB251 10/06/19 02:22:17 PM
#34454   Could be waiting on this as well https://energy.gov/sites/prod/files/2019/09/f6 Uncleteddy 10/06/19 12:35:58 AM
#34453   Let’s go Fred Jones...I know old people drive egreene14 10/05/19 05:54:47 PM
#34452   Precisely. Of the 47 other LNG exporters Jack_Herer 10/05/19 12:18:23 PM
#34451   Or maybe DOE hasn’t posted any reports yet. jerrybrockman 10/05/19 12:01:57 PM
#34450   9 trades for 35k shares. Really? Grouse Hunter 10/04/19 02:46:04 PM
#34449   Yes, I have a few thoughts: jerrybrockman 10/03/19 07:33:30 PM
#34448   Not sure what’s going on with delfin/Tglo. They Uncleteddy 10/03/19 05:21:58 PM
#34447   "...till this shell is utilized or sold off". Jack_Herer 10/03/19 08:21:08 AM
#34446   34,000+ posts on this little shell, most saddled In the henhouse 10/02/19 10:33:43 PM
#34445   To quote the great 80s band The Talking jerrybrockman 10/01/19 05:56:36 PM
#34444   It’s X Uncleteddy 09/30/19 06:40:49 PM
#34443   Jerry I liked your old picture it fit Dallas-Cowboys 09/30/19 02:29:32 PM
#34442   Says a guy that just created an account, jerrybrockman 09/30/19 12:33:01 PM
#34441   You got a link? bigbux1 09/30/19 12:11:32 PM
#34440   I hate to burst your bubble, but the WSB251 09/30/19 12:09:38 PM
#34439   Semi annual to the DOE Uncleteddy 09/30/19 12:06:47 PM
#34438   What update are we expecting? Grouse Hunter 09/30/19 11:50:44 AM
#34437   Teddy, That would be great. Perhaps a nice Super dave79 09/30/19 11:39:56 AM
#34436   We should receive an update tomorrow to see Uncleteddy 09/30/19 11:17:57 AM
#34435   Agreed. Time is definitely running out, but these dave79 09/30/19 10:40:07 AM
#34434   I like your optimism. We sure need Grouse Hunter 09/30/19 10:33:31 AM
#34433   Tomorrow is October 1st. That gives Mr. Jones dave79 09/30/19 10:22:06 AM
#34432   Tick tick, FID 2019 Tglo Reversemergers 09/30/19 12:43:14 AM
#34431   Reading my emails? Well, everyone who got jerrybrockman 09/26/19 05:02:09 PM
#34430   interesting, at the very least. their US office mitcheroo 09/25/19 11:30:33 AM
#34429   We all want to know what Mr.Jones is Exposeall 09/25/19 10:10:26 AM
#34428   I have no concerns with Mr. Jones at dave79 09/25/19 10:04:42 AM
#34427   Ample Power appears to be unlisted, so maybe Jack_Herer 09/25/19 09:53:32 AM
#34426   Oh Jerry. Always love reading your emails.... I dave79 09/25/19 08:11:08 AM
#34425   Let’s start with the word, “ample.” jerrybrockman 09/25/19 08:06:59 AM
#34424   The more I look at Ample Power, to dave79 09/25/19 07:35:05 AM
#34423   Teddy- You also seem to find these interesting dave79 09/25/19 07:22:09 AM
#34422   https://www.amplepwr.com/category/team/ Uncleteddy 09/25/19 06:08:33 AM
#34421   Let’s go Fred, we writing this swan song here? TGLO Reversemergers 09/24/19 11:11:13 PM
#34420   Let's go Delfin - even Tellurian is making deals! senor_c 09/23/19 08:47:58 AM
PostSubject