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The way I’ve been looking at this R/S garbage is it really won’t matter. I don’t believe they’ll do it as do many others. If they do it will be a very small r/s. I think they follow the TEL$ model. However if they r/s as some claim then do a secondary offering our shares will be worth the same as those that buy in at the time of secondary offer, so if your not happy sell then. Also if they r/s, Delfin shares will decrease like ours. Right now if Delfin issue themselves preferred shares for control and then Delfin has 320 mill shares to sell. TEL$ did preferred and then issued at $20. If Delfin follows this their shares are worth over $6 bill and the project is $7 bill.
The gamble here is if and when they R/M.
This is IMO and I’m sure there’ll be plenty show up to explain how I’m wrong and I might be but were TEL$ shareholders wrong too?
U trying to load any .007’s here? Fair amount of support her and Yes ceo needs to remove head from ass.
I definitely can't argue with what you said, however we're all playing in the OTC so it's just a craps shoot. I've been trying to load anything under 3 and plan to loose it all but hope I'm wrong.
GLTU
Exactly
Ya I had to settle for .04. Had to cancel a buy order on another that hadn’t filed to buy this shake out and took too long on on this damn phone app. : (
LOL. I’m not going to complain was able to get another 25k
Oh my god! I got the window kicked out and ready to jump as soon as I finish my beer and pizza. Looks like frfs could get messy. Then again you might want to check out GIFA as they own this shell.
LOL
Lol.
Yes this thing is so tight when the news hits and it’s what we all think look out. IMO no way somebody can get squat for shares anywhere close to any recent price. Instant multiples from here.
Whats not to like in these fins. Zero debt with very little damage to share structure and profitability, increasing sales, and modestly increasing margins. It’s not often u see this in the otc!
GLTA
Agreed
Hope your right. I’m still adding but wouldn’t bother me to chase.
Was able to get 89k at .0029 this morning. U should have time to work here as the company doesn't put out news.
Nice find! Hopefully E2 is good enough to get things rolling
Fitzgerald needs to take a hike
That A/D line is just amazing
If you need to sell I’ll take more shares please
Thanks Sobek for taking time to cover the preferred again. I know this was all covered here last fall but for someone new or people that don’t understand you do a excellent job explaining things. You explained this to me when I first started DD and it was a great help. I’m still picking away anytime I’ve got any extra money.
GLTU
Agree and it appears that we’re getting a really good base here. Cheap for longs and good spot for flippers to reload for their next dinner flip.
These guys need to start breaking up those sell orders. The float is getting locked down enough now those 250k sells are just stopping it. If they break it up they'll get what they want. IMO
U guys have a chance to go through the 10q. I gave it a quick glance didn't see anything to scare me off. Looks like revenue is definitely reflecting the higher oil price. Jeez just need them to put out a pr about the quarter results.
I'm trying! Been sitting at .085 all morning just need someone to give me their shares. Apparently not every shareholder got the memo that the sky is falling and world coming to an in. ; (
Agreed.
Very possible! It sure trades like there isn't squat left.
Very nice indeed! It's also a fact that hedge funds don't have to report shares and Fairwood board have their own hedge fund. Wonder why the A/D line just keeps going higher and what the float might really be? : )
Sure is nice to see a $Bil company is going to keep funding our nice clean little shell. : )
But but but what if Delfin runs out of money. LOL. Thought I’d beat the bashers to it. Lol : )
GLTU!
Go TGLO!!
I wonder why they increased the bridge loan from DELFIN? Could it be that those administration fees are for paying the people working on the R/M and they needed more money from DELFIN. Just a guess. : )
GLTA
Looking good here. Bout time the squeal started coming out of the right end of the pig.
GLTA
oops company grew out of control so fast I overlooked Golar, my bad! LOL
I think all of us longs left here are ready to see this thru good or bad.
GLTA
Expire 6/11/20 Not sure why they're down
Ya since some are throwing around buyouts and we know that Enbridge has a 5% stake in Fairwood, who in turn owns Delfin, who then owns TGLO and now the rumor BP is buying utos which is owned by Fairwood to be used buy Delfin, then there is absolutely only one conclusion. It appears that Fairwood, Enbridge, Delfin, and BP are going to combine their businesses and use the TGLO shell to form the largest natural resources company the world has ever saw.
OH MY GOD! I HAVE CONNECTED ALL THE DOTS!
LOL!!! Ok maybe I'm dreaming a little bit. : )
What a afternoon NICE
Bam Bam needs to use his billy club on etrade right now. Lol
Agreed. All this strength, beautiful chart and not a word yet from company. Just kicking myself for not having any powder again for Friday flippers.
Unfortunately looks like the flippers are getting out for the week. SMH.
014's looking to be getting tuff to get. Anything under .014 near impossible. Thinking we will be building solid base in .015's here, hope I'm not all wet.
LOL! If I have to wait 80 days I would be happy with a little less than that even. LOL
Very nice indeed
Speaking of oil prices, there was a horizontal well drilled east of me about 6 miles. Would have been the first horz well drilled in this co. The area its in there are literaly no vertical wells basically a wildcat horz. It came in at over 3000bpd and the crew was at liquor store and commented that they thought it would hold over 500bpd after initial flow is done (frickn monster). Needless to say they moved over 1/4 mile and are drilling #2. When they cleaned out the frack fluid, I'm not sure what happened but it blew oil over 200 yards across a highway. LOL
Needless to say I've been trying to find out who the company is that has the well. Duke drilling wells but not the company running things. Real hush hush thing. I got my hopes up its a small public co but probably won't get that lucky. lol
Nice day!! Thanks for the dip added a few more although I’m averaging up now but I’m ok with that.
GLTA