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Last Post: 7/23/2018 1:59:46 AM - Followers: 222 - Board type: Free - Posts Today: 12

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: 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
TGLO News: Statement of Changes in Beneficial Ownership (4) 07/03/2018 06:49:28 PM
TGLO News: Quarterly Report (10-q) 05/15/2018 04:41:48 PM
PlusOneCoin Top Posts
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PostSubject
#27740  Sticky Note $TGLO: Form 3 OUT==> Sibware 07/09/18 09:21:15 PM
#27397  Sticky Note No one relies on shareholders not voting to Toxic Avenger 07/06/18 12:17:05 PM
#27088  Sticky Note $TGLO-SC13D/A: 2 New Directors from Enbridge and Talisman==> Sibware 07/05/18 09:02:46 AM
#24744  Sticky Note Why there will be no Reverse Split, how Sprycel 05/13/18 08:27:50 PM
#2733   I'm hoping the same, but they still need doug573 01/03/18 12:17:36 PM
#2732   TGLO: Somebody playing Perky-Pong today Sibware 01/03/18 12:16:25 PM
#2731   Delfin LNG signs MOU with Lithuanian customer PENNIEStoSTACKS 01/03/18 12:16:21 PM
#2730   Thanks. I did some shameful pumping on the fink 01/03/18 12:15:23 PM
#2729   Egan, will never sell them until Delfin has Sprycel 01/03/18 12:11:30 PM
#2728   More filings today??? geopressure 01/03/18 12:10:10 PM
#2727   Remember to adjust the float upward for Egan's doug573 01/03/18 12:08:14 PM
#2726   Kind of like a Saturn Five idiling on jerrybrockman 01/03/18 12:07:30 PM
#2725   Another 20m+ day will move it way up. MoneyMan 01/03/18 12:06:37 PM
#2724   Great point Big Nickel 01/03/18 12:05:58 PM
#2723   Very true JerryNyc1 01/03/18 12:05:48 PM
#2722   I’ll repeat anyone selling here is plain stupids! LOL! MWM 01/03/18 12:05:29 PM
#2721   You know when the float of 102 million Sprycel 01/03/18 12:03:45 PM
#2720   This float is locked for much higher gains JerryNyc1 01/03/18 12:00:14 PM
#2719   That was fun. fink 01/03/18 11:56:15 AM
#2718   Bring it on buddy, locked and loaded. trademax42 01/03/18 11:54:47 AM
#2717   Looking like it now. Grolden 01/03/18 11:54:42 AM
#2716   INDEED! PyschoNoobStock 01/03/18 11:52:14 AM
#2715   A Pr stating the value of the pipeline PENNIEStoSTACKS 01/03/18 11:51:59 AM
#2714   Like I said something is up . Could Pi_Sky2017 01/03/18 11:51:43 AM
#2713   Looking very nice here! TGLO Elcappy1 01/03/18 11:50:34 AM
#2712   We got a runner!! Train about to leave PyschoNoobStock 01/03/18 11:47:12 AM
#2711   A couple of billion dollar ++ partners is MoneyMan 01/03/18 11:46:55 AM
#2710   AGREE! ITS WHY I FOLLOW YOU ! :-) PyschoNoobStock 01/03/18 11:46:33 AM
#2709   BOOM!!!!! PyschoNoobStock 01/03/18 11:45:43 AM
#2708   She's so thin! TGLO Elcappy1 01/03/18 11:45:30 AM
#2707   WOW WOW............... karimo 01/03/18 11:45:21 AM
#2706   .04 x .048 boooooooom timmage 01/03/18 11:45:10 AM
#2705   Are we gonna start skipping pennies soon? Scary thin Mean Weimaraner 01/03/18 11:44:58 AM
#2704   DELFIN's Partner busting a move to the upside PENNIEStoSTACKS 01/03/18 11:44:28 AM
#2703   THe Egans looked like some failed saga story fink 01/03/18 11:42:36 AM
#2702   YO!!!! PyschoNoobStock 01/03/18 11:42:11 AM
#2701   Somebody wanted .05? We are about to see timmage 01/03/18 11:41:36 AM
#2700   Weeeeeee!!!! Its go time! PyschoNoobStock 01/03/18 11:41:01 AM
#2699   we passe 0.05 karimo 01/03/18 11:40:45 AM
#2698   Common stock, $0.001 par value; 500,000,000 shares authorized; MoneyMan 01/03/18 11:40:33 AM
#2697   0.035 / 0.0374 (1 x 1)Why is size 1? karimo 01/03/18 11:40:03 AM
#2696   moving back up $$$ ttrader707 01/03/18 11:39:42 AM
#2695   Super thin. MoneyMan 01/03/18 11:38:14 AM
#2694   Yep, it's on like Donkey Kong... timmage 01/03/18 11:36:19 AM
#2693   Sounds good! Glad to hear that you see MWM 01/03/18 11:32:17 AM
#2692   I believe you are blowing the reverse split trademax42 01/03/18 11:30:42 AM
#2691   Amen to that. fink 01/03/18 11:27:29 AM
#2690   TELL Chart MWM 01/03/18 11:25:45 AM
#2689   TELL and TGLO have a very similar set MWM 01/03/18 11:24:05 AM
#2688   Speaking of TELL did you notice the length Big Nickel 01/03/18 11:16:55 AM
#2687   I researched that one and it went from Sprycel 01/03/18 11:13:18 AM
#2686   Excellent, Could be the next TELL... MWM 01/03/18 11:10:20 AM
#2685   >>>>> ;-) PENNIEStoSTACKS 01/03/18 11:06:42 AM
#2684   Thanks for the heads up. fink 01/03/18 11:05:25 AM
PostSubject