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Thank you PENNIEStoS...I have been doing the same, slapping the ASK.
$TGLO$
imho
I will be rich at $5.00! Just want to see the final filing and then nothing can stop this multi billion dollar company executing their business plan with this shell they bought! JMHO
7 bucks could be a resistance point, once it breaks through however.....hey who knows?
Take the 166 mil in NOLs and divide it by the 20 or so mil shares that Egan kept. Of course we all know that stocks trade in multiples of earnings/future earnings.
That jack wagon trying to sell that block is sure going to regret it if news drops
Not enough shares left under 0.1 to buy large amount . When news hits it's going to get crazy here
We are moving up on Most Read #13 now was way down by #50 few days ago, lots of new eyes lurking.
I love a Good Blow!
She's REALLY about to blow now, in the good way ;)
We have really thinned out. Good luck buying big blocks from here out!
Well if I was a betting man, I would think more filings are right around the corner based on the trading going on over the last few minutes. Looks just like what happened yesterday at about this time and then suddenly all the filings hit! Wonder how they find out before the street does? JMHO
A buy of 100,000 at .0449, will leave a bid of 80,000 at .0449, I've been supporting the bid and buying the ask quite a bit the last week or so.
Right now needs some buying pressure to get this thing moving up, imho.
$TGLO$
It's for the kids ;) TGLO
It doesn't have to be MM's, it could be a savvy trader trying to create a sell off to have his much larger order at a lower price filled.
30 + Mile Pipeline, Ships, Leasing and Billion $ Partners. We have a potential Multi $ stock here
Well based on the spread the MM's have placed on the stock, I am suspecting the next round of SEC filings will start again today after 3:30 pm which seems to be common with this Delfin/TGLO! JMHO
Sweeet!! There will be more coming! If you look $LNG.. Very similar.
IMO
China gas holdings already signed multi billion dollar deal with Delfin... this sales deal alone was one of largest at trumps China delegation this fall...
They don't have a choice. They have to! It is just getting the infrastructure in place. WE are at the fore front of that happening! Pretty exciting stuff! JMHO
One day... China and India will want to buy LNG from us!
BILLIONS $$$ !
IMO
Well someone just sold 500 shares at .036! LOL, explain that other than MM manipulation trying to get shares? I think there is a short position here! JMHO
I think it is just a matter of how many billions Delfin/TGLO is worth at this point.
Parent** damn autocorrect
I think you are seeing legacy shareholders selling a fraction of their stack to get their original cash out and hold free to no cost shares.
This was .0014, 2weeks ago. Hell yes I'd be getting my cash out at no risk and go play another.
Their free hold becomes very strong just as the guys buying in today.
Float gets very thin and tight till it punches higher.
We got this now.
Buying the dip now. And holding.
I would. It's still a stink Pink stock.. LOL
Enbridge acquired 5% stake of Fairwood, the 100% owner and patent company of Delfin http://www.1derrick.com/enbridge-acquires-stake-in-delfin-lng/16594/
Huge. And in bed with Delfin...
$67 billion market cap.
I believe $TELL will be bigger than all America LNG companies..
IMO
$LNG and $TELL going higher. TGLO will follow!
IMO
Wow, watching the trading logs and the bid and ask lineups, we sure have some really dumb traders or the MM's are trying to shake out shares because they know they will be able to sell them back at much, much higher levels. The dumb traders may be using stop losses and as soon as they put them up the MM's take them out! Example 2 trades at 12:42:08. First is a 10,000 buy at .046 followed right after with a 30,000 sell at .036! One hell of a spread to buy and sell. I am setting up some buys on the low side just incase the dumb get dumber! This is a $5.00 stock in the future. JMHO
Mania Insane!
IMO
" Enbridge has also entered into a Joint Development Agreement with Fairwood LNG to assist in the development of offshore LNG facilities in the Gulf of Mexico."
https://www.businesswire.com/news/home/20150701005765/en/Delfin-LNG-Announces-Equity-Investment-Enbridge
Yulp, currency should not have 60% swings.
Imagine a 3year car loan. Next month your account is down 38%, then up 60%
Insane.
But this....#9 is us.
https://www.google.com/amp/s/www.cnbc.com/amp/2017/11/09/exclusive-these-are-the-37-major-deals-us-firms-signed-with-chinese-entities-during-trumps-visit.html
Just going over this great post from Helter http://investorshub.advfn.com/boards/read_msg.aspx?message_id=137244719
This could be a multi $ play somewhere in the near future.
That was what I was referring to, thanks.
Agreed and if you look at the new tax code there is no reason to own it just a little FYI for all the Silicon Valley types that thought they were going to get rich off of it… And that's another thing in about another six months you're going to see A money manager shift from tech stocks to stocks that actually do something
Delfin LNG Announces Equity Investment by Enbridge, Inc.
https://www.businesswire.com/news/home/20150701005765/en/Delfin-LNG-Announces-Equity-Investment-Enbridge
Nothing like GOOD OLD AMERICAN NATURAL GAS
CyproCurrenty suck!
IMO
"Back in 2014, Delfin purchased the UTOS pipeline from Enbridge Inc. (NYSE: ENB). The UTOS pipeline is an existing subsea pipeline that’s 30 miles long and 42 inches in diameter. It runs from Cameron Parish, Louisiana, to West Cameron Block 167.
The pipeline has interconnections with four major onshore natural gas suppliers, which gives Delfin access to a diverse selection of pipeline-quality natural gas.
Delfin will also lease the HIOS pipeline. This 66-mile-long pipeline will connect the West Cameron Block 167,where the UTOS pipeline ends, to the four FLNGVs."
https://energyandresourcesdigest.com/delfin-golar-floating-lng-terminal-glng-shale-gas/
http://www.nasdaq.com/symbol/enb
Do you have a link to their partnership with TGLO/Delfin ?
I'm hoping the same, but they still need to be added back to the former float.
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TGLO (theglobe.com)
Delfin Midstream LLC. (Parent Company)
LNG developer Delfin Midstream LLC is the majority owner (71%) of TGLO with 312,825,952 shares
(https://delfinmidstream.com)
DELFIN DOE EXTENSION REQUEST:
03/06/2024: Request of Delfin LNG LLC for Supplemental Order Granting Conditional Extension of the Time for Long-Term Authorizations to Export Liquefied Natural Gas
DELFIN FERC STATUS UPDATE:
10/05/2023: FERC Grants Delfin's Request for a 4-Year Extension
RECENT MEDIA NEWS/BILLION DOLLAR AGREEMENTS:
2/14/2024: Chesapeake Energy Corporation, Delfin LNG and Gunvor Sign Long-Term Liquefaction Offtake Agreement Indexed to Japan Korea Marker
11/27/2023: Delfin Midstream Signs Long-Term LNG Supply Agreement with Gunvor
8/22/2023: Delfin Accelerates the Development of FLNG Vessels in Partnerships with Wison Offshore & Marine
7/11/2023: Centrica Sings Major LNG Supply Agreement
6/8/2023: Delfin Enters Strategic Investment Agreement with Mitsui O.S.K Lines
4/24/2023: Delfin Signs LNG Sale and Purchase Agreement with Hartree
9/5/2022: Delfin Midstream and Devon Energy Enter into LNG Export Partnership
8/9/2022: Delfin signs LNG agreement with Centrica (15 year, estimated at $8 billion)
7/13/2022: Delfin finalizes offtake agreement (15 year, estimated $3 billion in revenue) with Vitol which includes a strategic investment in Delfin
REVERSE MERGER POTENTIAL:
Event Date: 12/31/2017: Delfin Midstream, LLC. became the majority owner (70.9%) of TGLO (theglobe.com) with 312,825,952 shares. Below are the corresponding filings and a subsequent article, alluding to the possiblity of a reverse merger based on the trend of other LNG companies performing reverse mergers (e.g., TELL). NOTE: As of TGLO's last 10Q filing (November 7, 2023), Delfin has continued to fund TGLO through loans, totaling $1,234,000.
1/10/2018: Delfin Midstream, Inc., Form 3
1/11/2018: TGLO, Form 13D
1/11/2018: S&P Global Article: "Delfin LNG developer says it may merge into idled company it bought 71% of"
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 approved the project in March 2017.
The Delfin LNG project would be the first offshore liquefaction terminal in the U.S.
DELFIN MIDSTREAM'S PROJECTS:
Delfin LNG Overview
Delfin LNG is a brownfield Deepwater Port requiring minimal additional infrastructure investment to support up to four FLNG Vessels producing up to 13 million tonnes of LNG per annum. Delfin purchased UTOS pipeline, the largest natural gas pipeline in the Gulf of Mexico, in 2014 and submitted its Deepwater Port license application in 2015. Delfin LNG received a positive Record of Decision from the Maritime Administration (MARAD) and approval from the Department of Energy for long-term exports of LNG to countries that do not have a Free Trade Agreement with the United States for up to 13 MTPA.
Avocet LNG Overview
Delfin owns a second pipeline system (Grand Chenier) which can be used for either:
-A second Deep Water Port (Avocet LNG) or a Delfin LNG expansion for an additional 2 FLNGVs of up to 8 MTPA in total; or
-An increased feedgas supply option for the Delfin LNG Deep Water Port allowing Delfin LNG to be fed by two pipeline systems, giving increased gas supply flexibility and security for the Delfin FLNG Vessels.
Avocet LNG’s MARAD permitting process will be significantly cheaper and more efficient as the company can leverage the Delfin LNG’s successful permitting work.
The GrandChenier pipeline system connects to major interstate pipelines providing access to abundant pipeline-quality natural gas.
DELFIN AND TGLO MANAGEMENT:
Dudley Poston
Chief Executive Officer
-EVP at Golar LNG from 2010-2018, focusing on the commercial development of Floating Storage and Regasification Units, Floating Liquefication, and small-scale LNG
-Prior to joining Golar, 16 years of experience in the U.S. natural gas industry as a financial and physical trader for Koch Industries, The Williams Companies, and Citigroup
-B.A. in Government from the University of Texas, M.A. in Economics from The State University of New York, and M.S. in Finance from Texas A&M University
Wouter Pastoor
Chief Operating Officer
-Head of Commercial and Director of FLNG Development at Golar from 2014-2018, focusing on the Hilli, Fortuna and Tortue projects and leading new FLNG design & business developments
-Prior to joining Golar, 13 years of experience in the LNG industry, primarily focused on technical and commercial development of Floating LNG projects
-Ph.D. and M.Sc. in Naval Architecture and Ship Hydromechanics from the Delft University of Technololgy in the Netherlands
Oscar Spieler
Executive Chairman of the Board
-Previous CEO at Golar LNG, Frontline and Sea Production and Chairman of Quantafuel
-Board experience from multiple companies within the shipping, drilling and finance sectors, including Offshore Merchant Partners, Energy Drilling Ltd, Jasper Investments, Archer, Avenir LNG, North Atlantic Drilling and Sealift
-M.Sc in Naval Architecture and Engineering from the Norwegian University of Science and Technology
TGLO (theglobe.com) Management
Frederick P. Jones
President, Chief Executive Officer, CFO & Director, theglobe.com, Inc.
Frederick P. Jones founded Fairwood Peninsula Energy Corp. and Delfin Midstream LLC. In his past career, he held the position of Chief Executive Officer of Fairwood Peninsula Energy Corp. and Chief Executive Officer at Delfin Midstream LLC. Mr. Jones was a founder-shareholder of March Rich and Co. AG, now Glencore plc. He is also a former Advisor to the President of OPEC. Mr. Jones was one of the early investors in U.S. shale gas. Together with his partners he developed assets in the Barnett shale starting in the mid-1990s.
Throughout his 40 years of experience in the energy industry, Mr. Jones has developed projects and businesses in LPG marketing, coal bed methane extraction, hydroelectric power, and natural gas. He has led numerous ventures with various public and private entities throughout the world.
SHARE STRUCTURE, FILINGS, LINKS, ETC.
TGLO Share Structure (as of last filing, November 7, 2023)
Common Stock
Authorized Shares: 500,000,000
Issued: 441,480,473
Preferred Stock
Authorized Shares: 3,000,000
Issued: 0
Delfin Midstream Ownership Structure (as of June 12, 2018 - 95.43% reported)
Ownership Reference Document:
https://fossil.energy.gov/ng_regulation/sites/default/files/programs/Delfin_CIC_07_11_18.pdf
Fairwood Peninsula: 30.7%
Talisman (Global Alternative Master 25.5% and Global Capital Master 20.1%; Indirect ownership through Fairwood shares 8.17% ): 53.77%
Frederick Jones (9.3% Delfin Midstream and 1.66% indirect ownership through Fairwood shares): 10.96%
Filings
https://www.otcmarkets.com/stock/TGLO/disclosure
Significant Headlines:
2.13.24 https://lngprime.com/americas/chesapeake-seals-lng-deal-with-delfin-and-gunvor/104761/
"US shale gas producer Chesapeake Energy has entered into an offtake deal with Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, to supply LNG to Geneva-based trader Gunvor. Chesapeake said in a statement on Tuesday that the LNG export deal includes executed sales and purchase agreements for long-term liquefaction offtake. Under the SPA, Chesapeake will buy about 0.5 million tonnes per annum (mtpa) of LNG from Delfin at a Henry Hub price with a targeted start date in 2028... Delfin said in November it had secured commercial agreements for LNG sales and liquefaction services and the firm was “in the final phase towards FID on its first three FLNG vessels”.
11.27.23 https://www.reuters.com/business/energy/delfin-signs-15-year-lng-supply-agreement-with-gunvor-2023-11-27/
Nov 27- Delfin Midstream Inc said on Monday it had entered into a long-term liquefied natural gas (LNG) supply agreement with global commodity trader Gunvor.....The company secured commercial agreements for LNG sales, liquefaction services and is in the final phase towards final investment decisions (FID) on its first three floating LNG vessels, the release added.
8.26.23 https://maritime-executive.com/corporate/delfin-accelerates-the-development-of-flng-vessels-with-wilson-offshore
Delfin Midstream announced today that it has entered into a design and engineering contract with Wison Offshore & Marine to develop Floating LNG (FLNG) vessels for application on the Company’s Deepwater Port projects currently under construction in North America... Commenting on the announcement Wouter Pastoor, COO of Delfin says: “Wison has been visionary to develop its design, engineering, and construction capabilities for the LNG industry and in particular the floating LNG segment. Sharing our commitment and entrepreneurial spirit, Wison’s goal is to continue into a full FEED later this year such that FLNG vessel construction can start at their shipyard in mid 2024.”
07.11.23 https://www.centrica.com/media-centre/news/2023/centrica-signs-major-lng-supply-agreement/
"Centrica and Delfin Midstream Inc. today announced the signature of a long-term Sale and Purchase Agreement for 1.0 million tonnes per annum (MTPA) of Liquefied Natural Gas (“LNG”) for 15-years on a Free on Board (“FOB”) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana. This agreement will see Centrica take delivery of around 14 LNG cargoes per year and could provide enough energy to heat 5% of UK homes for 15 years."
6.08.23: https://www.globenewswire.com/news-release/2023/06/08/2685156/0/en/Delfin-Enters-Strategic-Investment-Agreement-with-Mitsui-O-S-K-Lines.html
"We are delighted to announce our partnership with Delfin, marking the beginning of a fruitful endeavor together. Drawing on our extensive expertise gained from previous LNG Carrier and FSRU projects and other ventures, we anticipate collaborating with Delfin to successfully drive forward this project toward our initial shared goal of quickly making Final Investment Decision on the first FLNG vessel."
3.27.23: https://lngprime.com/lng-terminals/delfin-plans-to-take-fid-on-first-floating-lng-producer-in-q2/77184/
“With fully termed agreements signed and others under negotiation, Delfin is well on its way to FLNG 1 FID and has laid the foundation for FLNG 2 FID,” the firm said in the presentation. Delfin plans to FID on the first vessel by the end of Q2 2023.
9.30.22: https://pemedianetwork.com/petroleum-economist/articles/gas-lng/2022/delfin-eyes-emerging-us-export-strategy/
9.12.22: https://oilprice.com/Energy/Natural-Gas/This-Large-US-Driller-Just-Made-A-Big-Move-Into-LNG.html
1.19.22: https://jpt.spe.org/delfin-lng-expects-investment-decision-on-floating-lng-project-this-year
10.15.20: https://www.rivieramm.com/news-content-hub/news-content-hub/first-us-floating-lng-export-facility-clears-engineering-feat-61305
6.1.17: https://www.energy.gov/articles/us-department-energy-authorizes-additional-liquefied-natural-gas-exports-offshore-project
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