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Biden proposes 44.6% Capital Gains Tax
https://watcher.guru/news/president-biden-calls-for-44-6-capital-gains-tax-rate
In addition if you live in California whom charges 13.3%, someone could theoretically pay 57.9% in taxes on their Capital Gains! A bunch of Malarkey!!!!!
Nola you have a good start so far QB Jayden Daniels LSU
Looks to me like the Hamas contingent sold our.
Now Jerry who on earth would sell this fine opportunity
Drive-bys not so much this time, more like marad/DOE crap...I'm thinking there were several hundred thousand drive by shares that were dumped on an emotional, knee jerk reaction to negative sentiment from a few here, and hi volume pps drop.
25 State Governors have penned a letter to good ol' Scranton mid morning Joe telling him and company to ease up on the LNG sandbagging... not that he'll listen until his poll numbers are even deeper in the crapper
How many Drive-By traders did we lose? How many new OGs are still holding?
The Drive Bys cruise through, create a pile of destruction and move on, meanwhile we go about our business, just another….day.
Choo Choo...someone is going to be left behind. Buy now because the train is leaving the station. Too bad so sad someone sold all their shares. Its not too late ... to get back in. ...come on Y'all push us to greatness.
Crickets from the boys. Shocking! The few articles make it seem like Delfin is at fault. This is worse than waiting for FERC.
At least there's confirmation from the activity or lack thereof that the float is locked tight.
BACK TO TRADING x10 ( SHORT TERM) CHEERS ^^^
They (market makers/daytraders/folks who wanna time this bomb) have shaken the trees and we are only down .08 cents SINCE Friday's closing of .25 -- (avg. 200k share volume vs. 91 MILLION ) I call thiS WINNING! We are #TGLOuniverse !
Agree and in Europe it’s even worse.
TGLO
This is why voting in national elections is completely irrelevant and nothing more than giving your consent to be governed by total garbage, no matter the party. We should all be more concerned with our city, county, and state elections, specifically things like county sheriff, local school board members, and taxing and regulating authorities. Voting for a Governor should be our voting for a President and they should hold very little actual power at the top, more of a procedural final vote and a general representation of those that elected him. Everybody in DC is so obviously bought and paid for I can't believe people actually take any of it seriously anymore. Most "problems" today are corporate controlled and scripted Problem, Reaction, Solution psyops. And that's not a conspiracy theory. Corporate news execs can literally coordinate with each other and create political TV dramas where "problems" are injected into the series (daily news) to generate desired "reactions" by its viewers (voting public) so that they will then ask (vote) for the preconceived "solutions". It's a science that was well crafted BEFORE television was invented. Now it's basically herding sheep with the flip of a switch.
Yes, that's what I mean. 16-20.
And the country forgot to mention
Take the personal aspect out of it were you better off from 2016-2020 or 2021- present
Have you ever posted here with anything useful? I cannot find any useful examples.
Or do you just like to take up bandwidth to make seem relevant?
I don't want Biden either. I dispise them both. Just wish we had better choices for president than a brain dead dope and a sociopathic clown. But we don't, so I have to vote for the party who has in the past, (and hopefully in the future) made my life better. And that's not the dems.
Politics, like stock markets, are just upside/downside analysis and bet according to what benefit ME and my clan the most. Politics are long term (4year) bet, stocks are short term bet. There are no perfect stocks or politician for me because they make decisions based on what benefit THEM and their tribe the most.
people need to stop letting their hatred for Trump Cloud their judgment.
they put Biden in the white house and now they have to pretend they didn't help cause this
Silence... Give me my money back...
Apology accepted. After all differences aside, we are all here for one objective, for this stock to make us a good amount of wealth! Let’s go $TGLO and Delfin!
And Yes! Definitely for everyone waiting for this stock to be sub .15, this is the opportunity! MARAD, once again, did NOT deny, just requested additional information.
I added today! This is a buying opportunity!
I hate Trump too. Again best of luck to you and all here just trying to beat the system that's slanted against the common man.
You're right. As a person who made millions on the market betting against others, because that's really what the market is, betting against the masses. You are entitled to take what is given you. I would have done the same. My sincere apologies Chen for my caustic attack on you . Best of luck to you.
Hey guys - let’s pull it all together for TGLO. Part of what makes this country great is the ability to voice our opinions - and I’m grateful we have been able to exercise our rights.
Wish you all a good evening. Looking forward to the continued DD from our incredible group of internet sleuths and cache of knowledgeable professionals from around the globe.
Tweed a dictator was bought at Toys R Us. That is what is installed now. You can't rationalize with cockroaches.
open my eyes no way I can't bear to look at what you Democrats have done to this country. thank God I don't have children.
Imo, I think only stupid people want a narcissistic dictator. Open your eyes.
That's why people love Trump. He's a true underdog story
If you want to TRULY get political, why don’t you say that to trump who has declared bankruptcy multiple times from his failed businesses throughout the decades!
If republicans can give a 2T tax cut mainly benefiting the wealthy, i’m 100% OK receiving my benefit from the government. Thank you!
That Podesta / Qatar connection needs some really extensive exposure. Anyone aware if there's been any follow-up to that Forbes article?
Fuck you chong. Pay your debt. I did
The Treasury is adding to the national debt at a rate of $100K per second. Chen, don't feel too bad about your half-second.
But the math on the debt is quite alarming.
LOL. Guess I should be thanking myself as well then
You should be thanking all of us not Brandon.
I'm happy for you but adding 1 Trillion in debt every 90 days is ridiculous
HI X1175. Had fun today buying. I still think you know more about the Share structure then anyone. Still the Old Mexican Gambler. CAYO
Biden and his buddies at Qatar LNG must be laughing it up.
He forgave all of my 41k in Student Loans, so i’m neutral 🤷♂️
only stupid people support him
Unfortunately, yes. They want to collapse country slowly, and install their own f ing form of government . Totally ruined us. Don't forget, EVER. There will be a time of reconciliation.
dino, bought a few more. I hope X-1175 approves. CAYO
Hopefully Delfin management is following this same logic regarding the RM and is also moving expeditiously to move the project forward either through option 3 or 4 ( which I mentioned before). The new Delfin support letter that Chesapeake has filed with DOE, which is still not accessible, and the impact of the senators’ letter, the Devon letter, and now Chesapeake letter on DOE decision will hopefully result in DOE extension and then a potential RM in the best case scenario. Regarding the price dynamics the key is what fraction of the sub-penny shares acquired before Dec 2017 are still being held and not sold after the multiple mini rallies we have had since Jan 2018. The three year volume profile of TGLO has a POC of around .20 which would be the fair value at which we had been sitting at for some time while the 15 year POC value is basically par value (.005)! Since we have not had high volume selling pressure I assume a lot of the very early sub-penny holders have already existed in previous mini rallies or are not selling! Hard to predict the price dynamics but so far the lack of high volume selloff is very encouraging for strategic longs. Any positive surprise news may quickly push us back over .20 if the above scenario is valid. Finally, all of this is my hypothetical analysis and I'm in no way shape or form making a recommendation to buy hold or sell! GLTA
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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:
05/31/2024: Notice Tolling Expiration of Non-FTA Authorization Pending DOE Action
03/01/2024: 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 (May 14, 2024), Delfin has continued to fund TGLO through loans, totaling $1,330,000.
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.
https://delfinmidstream.com/wp-content/uploads/2024/06/Delfin-Midstream-Corporate-Presentation-June-2024.pdf
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, May 14, 2024)
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
https://delfinmidstream.com/wp-content/uploads/2024/06/Delfin-Midstream-Corporate-Presentation-June-2024.pdf
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