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Last Post: 7/19/2018 1:04:14 PM - Followers: 222 - Board type: Free - Posts Today: 14

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
#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
#28267   It should go back to trading penny stocks Xl175 07/19/18 01:14:02 PM
#28266   Hey look it’s the pumper Xl175 07/19/18 01:12:47 PM
#28265   Special place in hell for people like that! RangerRow 07/19/18 01:04:14 PM
#28264   Understandable, but emotions should not stand in the realdeal/or/not 07/19/18 12:22:34 PM
#28263   A very true statement! Playing others while Sprycel 07/19/18 12:06:55 PM
#28262   Not wasting his time here posting. If you running high 07/19/18 11:36:53 AM
#28260   In the event that the asset acquisition results realdeal/or/not 07/19/18 10:37:08 AM
#28259   This isn’t happening in 2019. The shell S2focus 07/19/18 10:30:51 AM
#28258   Gm longs!!! Mr Wowza 07/19/18 10:12:13 AM
#28257   Once again, please refrain from your endless words JAB15 07/19/18 09:52:15 AM
#28256   I may be wrong but isn't there some Dallas-Cowboys 07/19/18 09:27:07 AM
#28255   Does not take a rocket scientist to figure running high 07/19/18 08:41:51 AM
#28254   Delfin may still get the best contracts, etc. realdeal/or/not 07/19/18 07:59:48 AM
#28253   There is a very apt adage, "Wisdom is sir90 07/18/18 07:28:54 PM
#28251   Cheaper shares of what Socky 1 07/18/18 06:10:50 PM
#28249   A child would say that, but Delfin is realdeal/or/not 07/18/18 04:33:16 PM
#28248   Yes love your anal ysis Putin would love Shazbat 07/18/18 04:32:44 PM
#28247   isn't that the reason why people buy shares? realdeal/or/not 07/18/18 04:29:23 PM
#28246   Exactly, I’m sure just because Russia’s selling LNG running high 07/18/18 03:41:45 PM
#28245   Very good! This is the point of Holdingprofits 07/18/18 03:21:26 PM
#28244   Nice DD! Delfin/TGLO already has authorization to export __drk__ 07/18/18 03:17:47 PM
#28243   Russia ready to extend gas transits through Ukraine sir90 07/18/18 03:14:03 PM
#28242   https://www.lngindustry.com/liquid-natural-gas/18072018/us-doe-issues-polic BitTech 07/18/18 03:06:37 PM
#28241   Exactly. Holdingprofits 07/18/18 02:54:18 PM
#28240   I am not worried about the current price realdeal/or/not 07/18/18 02:42:15 PM
#28239   Someone hoping for cheaper shares running high 07/18/18 02:35:52 PM
#28238   Must be why all the US LNG stocks Holdingprofits 07/18/18 01:45:31 PM
#28237   Great point! I’m dumping all my shares based Uncleteddy 07/18/18 12:37:53 PM
#28236   No need for Europe to buy US gas_at_triple_the_price, sir90 07/18/18 12:33:09 PM
#28235   Because if they did that then Enbridge, Talisman, Uncleteddy 07/18/18 06:59:40 AM
#28234   “Dilute themselves”? YGBSM VictorMasonIsRight 07/18/18 05:32:13 AM
#28233   You know who holds the majority of the Jerm17 07/17/18 11:48:54 PM
#28232   Good deal, we need buyers at the $10 level. Xl175 07/17/18 09:30:27 PM
#28231   For sure running high 07/17/18 07:05:40 PM
#28230   Schizophrenia JAB15 07/17/18 06:56:57 PM
#28229   I understand, but I'm a very down realdeal/or/not 07/17/18 06:55:34 PM
#28228   Okay - you seemed to have turned a senor_c 07/17/18 06:54:09 PM
#28227   Love the way you put it ABBAZABBA, realdeal/or/not 07/17/18 06:52:37 PM
#28226   Does not feel like your in this together running high 07/17/18 06:40:53 PM
#28225   We are all in this together, and we realdeal/or/not 07/17/18 06:05:31 PM
#28222   Buy TELL. :) Or was it TGLO? ABBAZABBA 07/17/18 05:38:02 PM
#28221   Got your point, but who am I, my realdeal/or/not 07/17/18 05:36:30 PM
#28219   what I meant to say here JAB15 is realdeal/or/not 07/17/18 05:25:57 PM
#28215   What I wrote was " Those that bought realdeal/or/not 07/17/18 05:11:30 PM
#28211   Sure, but than again better with less words realdeal/or/not 07/17/18 04:57:12 PM
#28210   I sold at .21 expect to re enter VictorMasonIsRight 07/17/18 04:46:51 PM
#28200   Shouldn’t this be going up, not down? What’s happening?? BillTheTrader 07/17/18 03:19:51 PM
#28199   BS stock_observer_77 07/17/18 03:13:45 PM
#28198   Lol RangerRow 07/17/18 03:08:01 PM
#28197   Very well said ABBAZABBA! bigbux1 07/17/18 03:06:57 PM
PostSubject