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Last Post: 7/22/2018 5:48:03 PM - Followers: 222 - Board type: Free - Posts Today: 25

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
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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
#2834   Yup it's just getting started, engine is warming trademax42 01/03/18 04:40:57 PM
#2831   Hope to see a NUG@S type of chart Pi_Sky2017 01/03/18 04:28:47 PM
#2830   They will when you see the SEC filing Sprycel 01/03/18 04:23:23 PM
#2829   Seriously this should be in dollars already by Pi_Sky2017 01/03/18 04:19:00 PM
#2828   $$$ TGLO $$$ ttrader707 01/03/18 04:07:54 PM
#2827   And just think, when you compare it to Sprycel 01/03/18 04:07:26 PM
#2826   Mercy what a ride Big Nickel 01/03/18 04:04:51 PM
#2825   Great Day! See you all tomorrow AM.. PyschoNoobStock 01/03/18 04:02:36 PM
#2824   Don't worry about it he is absolutely meaningless jerrybrockman 01/03/18 03:58:58 PM
#2823   We are sitting on a Monster! MWM 01/03/18 03:58:00 PM
#2821   LOL God I hope not. I Dump 01/03/18 03:57:43 PM
#2819   Getting taken out by solid hands which is Sprycel 01/03/18 03:55:44 PM
#2817   Trying to hold the run back hispeedsoul 01/03/18 03:52:52 PM
#2816   Agree totally. I didn't take squat for I Dump 01/03/18 03:52:18 PM
#2815   THE NIMROD AT .06 DOESN'T KNOW HOW TO timmage 01/03/18 03:51:49 PM
#2814   It's moving on thin air now... MWM 01/03/18 03:50:08 PM
#2813   Looking magnificent TGLO!!! Elcappy1 01/03/18 03:48:18 PM
#2812   Anybody got a share count on what it I Dump 01/03/18 03:47:41 PM
#2811   Idiots! They'll buy at the ask hispeedsoul 01/03/18 03:47:30 PM
#2810   All those bidwhackers are being absorbed, they are MWM 01/03/18 03:47:22 PM
#2809   SOME REAL DUMA$$ TRADERS WHACKING THE BID WHEN timmage 01/03/18 03:46:31 PM
#2808   I dont know.. I will keep eye on PyschoNoobStock 01/03/18 03:45:24 PM
#2807   Ya Insane! PyschoNoobStock 01/03/18 03:45:04 PM
#2806   LMAO Good one Tim PENNIEStoSTACKS 01/03/18 03:44:46 PM
#2805   .01-02 spread omfg $TGLO Mean Weimaraner 01/03/18 03:44:34 PM
#2804   AH 8k/PR? Smell the Chicken 01/03/18 03:44:06 PM
#2803   LOL.. Seller are dump(bleep)! You will be PyschoNoobStock 01/03/18 03:44:04 PM
#2802   TGLO: Perky-Pong game again eod==> Sibware 01/03/18 03:43:28 PM
#2801   Good Job TM42, looks like you may have PENNIEStoSTACKS 01/03/18 03:43:23 PM
#2800   This could open at $1 or $2 if timmage 01/03/18 03:43:14 PM
#2799   I SMELL A LEAK...AND NOT FROM TOXIC'S PANTIES... timmage 01/03/18 03:41:40 PM
#2798   Wow.. No more shares on the ASK.. Its PyschoNoobStock 01/03/18 03:41:17 PM
#2797   People selling today at .03 LOLOLOLOLOLOL! MWM 01/03/18 03:40:37 PM
#2796   .05's we hardly knew you lol! MWM 01/03/18 03:39:24 PM
#2795   No more shares selling.. You have to buy PyschoNoobStock 01/03/18 03:39:08 PM
#2794   OH? NO SHARES THERE? LOL I Dump 01/03/18 03:39:07 PM
#2793   Holy (bleep) THIN! .07 here! PyschoNoobStock 01/03/18 03:38:30 PM
#2792   Ask is GONE! MWM 01/03/18 03:38:23 PM
#2791   On L2, not many shares left on the trademax42 01/03/18 03:38:21 PM
#2790   Here we go.. .05 is here! BOOM!@ PyschoNoobStock 01/03/18 03:37:43 PM
#2789   WHERE IS TOXIC PANTIES? THOUGHT SHE SAID WE timmage 01/03/18 03:37:42 PM
#2788   Just now slapped the ASK again for 25K shares. trademax42 01/03/18 03:36:03 PM
#2787   I think that seller just had a change MWM 01/03/18 03:35:17 PM
#2786   Breakout Coming.. PyschoNoobStock 01/03/18 03:35:12 PM
#2785   I remember another penny stock that went from jerrybrockman 01/03/18 03:34:48 PM
#2784   GOTTA BE IN IT TO WIN IT.... timmage 01/03/18 03:28:53 PM
#2783   Thank you PENNIEStoS...I have been doing the same, trademax42 01/03/18 03:25:51 PM
#2782   Me too! JerryNyc1 01/03/18 03:23:10 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
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