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Last Post: 6/22/2018 8:59:27 PM - Followers: 203 - Board type: Free - Posts Today: 13

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) 05/15/2018 04:41:48 PM
TGLO News: Annual Report (10-k) 03/30/2018 01:04:10 PM
TGLO News: Life's Time Capsule (LTCP) Taps into the Biggest Business in the World - The Church 01/18/2018 07:18:35 AM
TGLO News: Amended Statement of Beneficial Ownership (sc 13d/a) 01/11/2018 05:29:33 PM
TGLO News: Current Report Filing (8-k) 01/11/2018 04:40:41 PM
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PostSubject
#26066  Sticky Note $TGLO:Now-Registered in TX as-of May by Rusty Nichols. Sibware 05/31/18 09:43:56 AM
#25781  Sticky Note TELL did NOT reverse split with MPET as Toxic Avenger 05/24/18 03:14:24 PM
#24753  Sticky Note Let's not throw the cart before the horse. castaways 05/13/18 11:35:31 PM
#24744  Sticky Note Why there will be no Reverse Split, how Sprycel 05/13/18 08:27:50 PM
#21996  Sticky Note theglobe.com, inc. (OTCMKTS:TGLO) has emerged as an exciting ResidualRevenue 04/11/18 09:36:17 PM
#2781   I will be rich at $5.00! Just Sprycel 01/03/18 03:21:28 PM
#2780   7 bucks could be a resistance point, once jerrybrockman 01/03/18 03:18:27 PM
#2779   Take the 166 mil in NOLs and divide jerrybrockman 01/03/18 03:15:22 PM
#2778   That jack wagon trying to sell that block I Dump 01/03/18 03:08:03 PM
#2777   Not enough shares left under 0.1 to buy Pi_Sky2017 01/03/18 03:00:36 PM
#2776   .05 here we come! PyschoNoobStock 01/03/18 03:00:15 PM
#2775   I strongly advise holding onto your shares! This MWM 01/03/18 02:59:37 PM
#2774   We are moving up on Most Read #13 JerryNyc1 01/03/18 02:57:35 PM
#2773   I love a Good Blow! MWM 01/03/18 02:53:14 PM
#2772   She's REALLY about to blow now, in the timmage 01/03/18 02:52:38 PM
#2771   I think we test .05 Shortly! MWM 01/03/18 02:51:55 PM
#2770   We have really thinned out. Good luck buying MWM 01/03/18 02:43:57 PM
#2769   Well if I was a betting man, I Sprycel 01/03/18 02:43:11 PM
#2768   A buy of 100,000 at .0449, will leave PENNIEStoSTACKS 01/03/18 02:37:48 PM
#2767   Right now needs some buying pressure to get trademax42 01/03/18 02:30:36 PM
#2766   It's for the kids ;) TGLO Elcappy1 01/03/18 02:28:35 PM
#2765   It doesn't have to be MM's, it could PENNIEStoSTACKS 01/03/18 02:19:01 PM
#2764   30 + Mile Pipeline, Ships, Leasing and Billion PENNIEStoSTACKS 01/03/18 02:15:00 PM
#2763   Well based on the spread the MM's have Sprycel 01/03/18 01:41:41 PM
#2762   Sweeet!! There will be more coming! If you PyschoNoobStock 01/03/18 01:22:15 PM
#2761   China gas holdings already signed multi billion dollar Mean Weimaraner 01/03/18 01:19:52 PM
#2760   They don't have a choice. They have Sprycel 01/03/18 01:18:58 PM
#2759   One day... China and India will want to PyschoNoobStock 01/03/18 01:17:25 PM
#2758   Well someone just sold 500 shares at .036! Sprycel 01/03/18 01:13:04 PM
#2757   I think it is just a matter of MoneyMan 01/03/18 01:07:12 PM
#2756   Parent** damn autocorrect Mean Weimaraner 01/03/18 01:06:17 PM
#2755   I think you are seeing legacy shareholders selling fink 01/03/18 01:06:10 PM
#2754   Enbridge acquired 5% stake of Fairwood, the 100% Mean Weimaraner 01/03/18 01:05:47 PM
#2753   Huge. And in bed with Delfin... Helter Skelter 01/03/18 01:05:18 PM
#2752   $67 billion market cap. MoneyMan 01/03/18 01:04:21 PM
#2751   I believe $TELL will be bigger than all PyschoNoobStock 01/03/18 01:03:59 PM
#2750   Enbridge (ENB) is HUGE. Much bigger than GLNG. Helter Skelter 01/03/18 01:02:09 PM
#2749   $LNG and $TELL going higher. TGLO will follow! PyschoNoobStock 01/03/18 12:57:44 PM
#2748   Wow, watching the trading logs and the bid Sprycel 01/03/18 12:53:17 PM
#2747   Mania Insane! :-) PyschoNoobStock 01/03/18 12:41:15 PM
#2746   http://delfinlng.com PENNIEStoSTACKS 01/03/18 12:39:19 PM
#2745   " Enbridge has also entered into a Joint PENNIEStoSTACKS 01/03/18 12:38:33 PM
#2744   Yulp, currency should not have 60% swings. fink 01/03/18 12:37:46 PM
#2743   Just going over this great post from Helter http://investorshub.advfn.com/boards PENNIEStoSTACKS 01/03/18 12:35:25 PM
#2742   Nice Bid! PyschoNoobStock 01/03/18 12:35:25 PM
#2741   That was what I was referring to, thanks. MoneyMan 01/03/18 12:30:00 PM
#2740   Agreed and if you look at the new jerrybrockman 01/03/18 12:29:50 PM
#2739   Delfin LNG Announces Equity Investment by Enbridge, Inc. PENNIEStoSTACKS 01/03/18 12:29:00 PM
#2738   Nothing like GOOD OLD AMERICAN NATURAL GAS PENNIEStoSTACKS 01/03/18 12:24:35 PM
#2737   CyproCurrenty suck! PyschoNoobStock 01/03/18 12:24:34 PM
#2736   TGLO is a buy and hold. beachkarma 01/03/18 12:22:45 PM
#2735   "Back in 2014, Delfin purchased the UTOS pipeline PENNIEStoSTACKS 01/03/18 12:21:00 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
PostSubject