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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) 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
TGLO News: Statement of Changes in Beneficial Ownership (4) 07/03/2018 06:49:28 PM
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PostSubject
#29052  Sticky Note I don't believe RM is an "if." castaways 08/14/18 11:56:44 PM
#27397  Sticky Note No one relies on shareholders not voting to Toxic Avenger 07/06/18 12:17:05 PM
#24744  Sticky Note Why there will be no Reverse Split, how Sprycel 05/13/18 08:27:50 PM
#2881   you also have to figure Ed and Robin Big Nickel 01/04/18 09:03:06 AM
#2880   No wonder this stock moves 75% on only Sprycel 01/04/18 08:58:07 AM
#2879   4,556,233 @.0035 Big Nickel 01/04/18 08:48:16 AM
#2878   Starting to gap already... MWM 01/04/18 08:28:34 AM
#2877   Patiently waiting for more filings from new CEO MoneyMan 01/04/18 08:21:10 AM
#2876   I'm guessing the actual float is smaller. jerrybrockman 01/04/18 08:18:33 AM
#2875   That money is there for two reasons 1 Big Nickel 01/04/18 08:12:52 AM
#2874   Lordy! Someone is happy! MWM 01/04/18 08:12:47 AM
#2873   Bring on the business plan we are due JerryNyc1 01/04/18 07:49:00 AM
#2872   Nice gains man!! JerryNyc1 01/04/18 07:45:54 AM
#2871   This is my highlighted Etrade 360 portfolio Big Nickel 01/04/18 07:34:55 AM
#2870   That is worth another read! We always talk MWM 01/04/18 06:08:35 AM
#2869   Possibly more not including new plan with shell Mean Weimaraner 01/04/18 06:05:57 AM
#2868   The issue is the number of unknowns at KOmani 01/04/18 05:34:12 AM
#2867   There were a TON of nimrods in $TGLO angelo2112 01/04/18 05:17:05 AM
#2866   Delfin Midstream is no joke. I have been Wishmaster 01/04/18 03:02:19 AM
#2865   OK friend,you take care and I believe I SOUTHGAS 01/04/18 01:39:39 AM
#2864   Had a great end of year and the PENNIEStoSTACKS 01/04/18 01:34:28 AM
#2863   Glad you found it ,yea it's going ok SOUTHGAS 01/04/18 01:26:33 AM
#2862   >>> TGLO >>> PENNIEStoSTACKS 01/04/18 01:10:15 AM
#2861   I just watched this short video on my PENNIEStoSTACKS 01/04/18 12:49:25 AM
#2860   I was going to ask you if you PENNIEStoSTACKS 01/04/18 12:29:12 AM
#2859   Hey buddy I don't have personal messaging email SOUTHGAS 01/04/18 12:14:07 AM
#2858   Very impressive! TGLO is about to fly! Elcappy1 01/04/18 12:02:47 AM
#2857   https://www.youtube.com/watch?v=bvEexTomE1I geopressure 01/03/18 11:19:52 PM
#2856   KAILASH SINGAL ~ https://www.linkedin.com/in/kailash-singal-5a7967105 PENNIEStoSTACKS 01/03/18 11:00:17 PM
#2855   Sticky This! Good Stuff! PyschoNoobStock 01/03/18 10:41:02 PM
#2854   Last year the Korea Development Bank (KDB) agreed PENNIEStoSTACKS 01/03/18 10:31:36 PM
#2853   OK thanks. trademax42 01/03/18 10:13:33 PM
#2852   He is saying he was told that with MWM 01/03/18 09:58:01 PM
#2851   Were you told $7 in this reverse merger trademax42 01/03/18 09:48:22 PM
#2850   There have been 2 other LNG company reverse Grolden 01/03/18 08:29:20 PM
#2849   I'm going to see if I can find jerrybrockman 01/03/18 08:11:15 PM
#2848   Like i was told at $7.00 a share fink 01/03/18 08:03:51 PM
#2847   Digging into the DD and WOW..... doubling down here Wishful Thinking 01/03/18 07:48:20 PM
#2846   $TGLO steady barchart 100% buy https://www.barchart.com/stocks/quotes/TGLO/opini Mean Weimaraner 01/03/18 07:26:20 PM
#2845   Looks like the 32 end of day trades Helter Skelter 01/03/18 07:16:34 PM
#2844   Agreed and at the moment "moves on air"... Helter Skelter 01/03/18 06:55:56 PM
#2843   Green on low volume day. Buckle your seat belts.-reconranger reconranger 01/03/18 06:35:46 PM
#2842   Agree! TOOO THIN!! Impossible to pump.. LOL PyschoNoobStock 01/03/18 06:26:14 PM
#2841   $TGLO so hot nobody needs to pump Mean Weimaraner 01/03/18 06:23:50 PM
#2840   Nice day again. MoneyMan 01/03/18 06:09:17 PM
#2839   Looks like it moves on air. Up 77% trademax42 01/03/18 05:52:22 PM
#2838   What part of "worth billions" is too difficult jerrybrockman 01/03/18 05:47:39 PM
#2837   Yup buddy ....I can wait for that kind trademax42 01/03/18 05:12:38 PM
#2836   "The $8 billion LNG project will be located PENNIEStoSTACKS 01/03/18 05:05:46 PM
#2835   Not familiar with NUG* business model. I would trademax42 01/03/18 04:58:18 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
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