Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Arrayit is in Sunnyvale, and Apple is in Cupertino, so there is the first Big Red Flag here when it comes to “established” DD, they are not “a block away” now let’s combine this with the fact that the audit has smelled fishy with constant delays for a very long time (Classic P and D stuff).
Is that a nice way of saying PUMP AND DUMP?
Interesting. But back to my google search of Steve Berman SEC. I know that it was resolved but does anyone have that link? TIA
Ok, I’ll take your word for it, but with everything else....yikes
Has anyone looked into Steve’s past for answers here? I think I found something, but I’ll let others do their own DD on it. All you have to do is google his name and put SEC next to it.
If TGLO is fortunate enough to have the phrase “goal of becoming energy independent” or “we have the power to become an exporter instead of an importer” uttered during Tuesday’s State of the Union address...then you can bet there’s a good chance that it might be cited in Delfin’s first PR, if and when it comes. From the outside the timing seems perfect. Prez gives his speech, next day or two they go live, but I have no idea. I’ve never seen a situation like this and I doubt I’ll get to see another one....but following State of the Union theres the conferences where further organic promotion can be achieved. Or maybe not. Rusty could get bored, fold the shell into a paper airplane and see if he can fly it into the trash can in his office.
Next week the President of the United States is going to make an infrastructure speech/pitch from the Oval Office. I think it would be perfect timing to launch shortly after that, however THERE IS NO TIME LIMIT HERE WHAT SO EVER and anyone promoting such information is doing themselves and everyone else a tremendous disservice.
Yeah but you should look at what happened over at ay bee H eye last week. Months ago they name dropped one of the best firms in the country as their auditing firm...bammo SEC hit them with a 10 day shut down to greys. I didn’t have a lot in it, but co seemed so legit. How can anyone prove a legit audit is happening if there is no verification? Doesn’t mean it’s happening here, but it does happen, big name drop followed by lights out.
Mazars is top notch. Just gotta make sure there were no mix ups on FED EXs end like they sent it to Tony Sopranos Cousins place called Mazars Sanitation, or if it fell off a truck or something like that
Has anyone called Mazars to make sure that the stack of audit papers is still in the building and didn’t accidentally get tossed in the dumpster by the midnight janitor?
Interesting new DD on TGLO which connects the dots even more. Notice that Rusty is listed with all of the current members of the BOD on this form D from 2015. https://www.sec.gov/Archives/edgar/data/1620325/000114036115014491/xslFormDX01/primary_doc.xml
Now notice that all of those directors minus Rusty are listed here
https://ih.advfn.com/p.php?pid=nmona&article=76454087
RUSTY IS THEIR POINT MAN FOR THE MERGER. WE’VE KNOWN THIS ALL ALONG BUT HE WAS ON THE ORIGINAL BOD IN 2015 and now in full control of the shell!
Popping smoke to cover an escape route back into the hole you think? Sideways down is never good.
Horse and buggy carts had patents too, but the only money you’ll get for them today is if you can sell an original application or notice of acceptance to Rick on Pawn Stars who will have to call a buddy to find out if he can pull twenty bucks out of the cash register for you...and not sure how well this goes over in foreign countries...Italians drive like wild men, don’t get me started on Vietnam or the Middle East, but these are just my personal observations...distracted driving isn’t really an issue in these places because driving is like a death sport IMO
The problem here is that safe driver aps are a good idea, but ONCI has the outdated tech. My new iPhone automatically goes into safe mode when I start driving, and car companies are also starting to have built in systems of their own. You see, car companies and phone companies don’t want to face class action lawsuits for all the phone related crashes, and they have the technology to create their own systems. 10 years ago this could have been a hot stock and there’s a reason why Steve picked it up so cheap...but hey, he made a great run of it, but sooner or later reality will set in here
“It’s a long way to the top, if you wanna rock and roll...”- AC/DC
Yeah they sold and don’t want to look back because the success of others will be too painful for them to watch. I worked with a guy that used to play bass guitar for some up and coming rock bands back in the 80s. He didn’t want to talk about it much either, because where he ended up and where he could have gone, just caused pain.
Of course this is different. It’s a stock that will either take us to the hall of fame or it won’t. There’s no in between here, the riders that are left all understand this fact. For most, this ain’t their first rodeo, for a few it might be.
Every trader has done it...looked at an old chart and said,”Oh Man I wish I was in on that one! Look at what it did! Twenty cents to twenty bucks!” Well the reality behind the chart is that there was a lot of uncertainty and temptation along the way, even for one going straight up. Things look pretty good here, but it is not a done deal yet, so I expect a lot more slow days. I have not seen anything from the SEC that tells me there is a deadline here. If there is something that definitive then it would have been posted. Rusty has the shell sitting on his desk in the same building that Delfin Midstream and Fairwood Peninsula occupy, and he has known Mr Jones and done business with him for over 20 years. I’m guessing they still chat. This is really all we have right now, until someone drops a filing or tweets, but I’m not sure these guys even trust smart phones.
What he said is all that matters:
Thanks Fink
Delfin owns the direct control of TGLO, yes.
Fairwood is the indirect owner of TGLO and direct owner of Delfin.
Now a $66BB Enbridge owns 5% of Fairwood in exchange for the UTOS system and partnering in the build out.
UTOS was placed 100% into Delfin.
https://www.businesswire.com/news/home/20150701005765/en/Delfin-LNG-Announces-Equity-Investment-Enbridge
https://www.businesswire.com/portal/site/home/index.jsp?epi-content=MY_COMPANIES_CHART
The 71% ownership control in TGLO is the same as the 100% ownership in the UTOS system. The MOUs with China, Lithuania, and (Brazil?), are in Delfin. This is how LNG started out before they had the first pipe welded..
It's all going to come together in tglo. The 'when'? No one knows, but it's not going to just sit.
These assets will not sit unused.
Why Enbridge even needs Delfin escapes me, but they made the first investment.
This is it. Enbridge can finance this entire FLNG thing out of petty cash. But why? Why not throw the entire story into a sweet clean shell to protect the assets of Enbridge?
If this story fails, BK Delfin and let TGLO die on the vine.
Some question why gift 100mm shares to the great unwashed @.0017, but what kind of gift has Enbridge made to Fairwood?
But I think the story is brilliant.
It's going to be a massive house of cards till they start filling LNG tankers.
I think Little stink Pink tglo can be worth 10's of $Billions. 100's of $Billions if it gets to the point of scaling up operations. Could snowball fast after the work the bugs out.
Golar will get 5 FLNG out of this story.
Everyone will make $Billions off this.
The only offshore area in all of America to pull this off is the Gulf coast to Florida. The rest of America's coastline is under the wack job environmentalist.
And out of this Tex-BAMA stretch of beach, Delfin has the only 42" MOAP,
Mother of All Pipelines.
This will only be pulled off here and with this pipeline
Saw the 500 sell, how many is MWM dumping at open?
The last 8k tells us everything we need to know IMO about the time limit or lack of time limit here, since we can clearly see by reading the last sentence that ,”this has not resulted in a change of status as a shell.” Fairwood, Delfin, Rusty and other heavyweights we might not even know about now have plenty of time to methodically go about this process. All of this time talk sounds like spoiled brats in the back of the station wagon screaming, “are we there yet! Are we there yet!” The grown ups have work to do. We’ll get there when we get there. However judging by the serious BUYS made yesterday by Wall St mms I would say that we are probably close to finding out what is behind the curtain. I will remind people of Ronald Wayne (look him up this is a true story), an original founder of Apple, who got impatient and sold his shares back to Wozniak and Jobs for 800 bucks. Today Ron lives in a trailer park outside of Vegas. Mean while the 800 bucks worth of stock he sold is now worth BILLIONS. So whatever. Anyone that can’t handle the suspense should get out of the car. I’m grateful to be here. Not directed at you Doug, it’s for the crybabies
Interesting one here. Might be good. Just to let you know about that other one, I’ve been cut to 1 per day for going head to head w/99, beware
By the SEC? Are you saying this might get a 10 shut down and go to grey sheets?
Yes you can do that, but I’d rather not have the liability just in case
Just updated my IPhone and it now automatically goes into driving mode as soon as it senses I am driving. It won’t let me get out of safe driving mode until I am stopped and certify via code that I am no longer driving. Not sure if Galaxy phones have this new feature, or if it comes from my service provider which is AT&T...has anyone else experienced this and how much of ONCI is tied to what could be old tech?
Any seller at such low levels will be snatching defeat from the jaws of victory.
Yeah, but there is an even worse historical case. Ronald Gerald Wayne, an original founder of Apple sold all his shares back to Wozniak and Jobs for like 800 bucks. Today those shares are worth millions upon millions if not a billion dollars. https://en.m.wikipedia.org/wiki/Ronald_Wayne
Wow ok. If the shares were priced at 50 bucks before they made their 5 percent equity investment, then of course it wouldn’t make sense to scoop up open market shares. But at pre Dec 22 prices you have to be kidding me with, “wouldn’t have to go out and buy...” like it’s so hard to do. Cmon. And who do you think is going to guarantee their stake? Who is that? As a 66 billion dollar company I would say that they are ONE OF the guaranteors in this pending IPO, and they have every right to be issuing shares. THATS HOW IT WORKS. They would have bought the shares to issue them to others since they are in fact among the big backers of this deal. Also your “the price would be a lot higher” comment makes no sense. Why would that make the price higher if it’s not public info? 80 million shares are missing and you have heavy weights like ENB on the board. They didn’t acquire shares to sell, they acquired them to be issued.
Well, because the Tallisman Hedge Fund and.ENB have seats on Delfins Board of Directors going back to 2015, I am assuming that they knew about the reverse merger plans well ahead of Dec 22 and would have taken appropriate steps to protect their investment, meaning buy as many TGLO shares as possible. Buying now is a little late to the game and if the people I put in charge to get this job done had just thought of something so basic like this in the last few days, they’d be looking for new jobs.
Delfin or TGLO? That’s interesting, because if it’s not just straggler copies from Dec 21, and the old company, then this could be a huge signal if it came from Delfin.
So are the missing shares lost in space or what? Do you think ENB might be sitting on a few million for taking their 5 percent stake in Delfin?
Don’t worry about it man. Everything is great even if those are just slow to catch up hard copies of what was posted on Edgar. I’m sure someone on this board could walk you through the steps to post them, but it’s not me. This site is not exactly super user friendly.We get closer everyday.
The 80 million missing shares. Who has them? That’s the basic question at this point. If you think that they are scattered all over the place in dead accounts, that people haven’t dumped at market since Dec 22, then yes a R/S is likely, but if you think that this didn’t happen in a vacuum and that hedge funds and investment banks and companies like ENB are sitting on TGLO shares, then you have a big time winner here. Yes ENB with its 66 billion dollar market cap does own 5 percent of Delfin LNG. And it’s funny that every RS theorist forgets to mention such FACTS.
BUSTING NORTH ON MONDAY!!!!
Stocky go uppy on Friday wen stocky spose to go downy? Hmmmmm mm tricky?
1.6 mil trade on Friday and stocky go upee. If 10 mil traded and stocky go downee then mean cud be bad mm dilution
TO THE MOOOON!!!!!!!
FID, final investment decision is what is holding $TGLO back at the moment. It is a very big deal.There are a lot of moving parts involved, think of it as the decision to go to the Moon, but on a smaller scale with much more well known tech and chances of success. Based on what I’ve researched on the competition, there is one competitor sweating bullets right now, knowing that it stands a good chance of getting blown out of the water. Any money manager worth an ounce of dirt would dump that other stock and buy in here as soon as possible following FID. I consider that public money to be ours very soon.
Guys/Gals we all agree that $TGLO trades as if the float is much smaller than the known 106 mil calculated. Therefore it is reasonable to assume that hedge funds/investment banks have probably acquired millions of outstanding shares on the open market for the purpose of selling them as part of the IPO, which is basically what a reverse merger is when done properly.
Spry is probably right. There are about 80 million unaccounted shares and a hedge fund on the board of directors, and I’ve brought it up numerous times but few people seem to recognize the significance of that fact. These hedge funds got a bad rep in the last decade (perhaps the reason behind the fear of mentioning the two words in unison), but properly used, these funds provide a very necessary and beneficial service to the market and it is well past time for people on this board to recognize it. We’re a grown up stock now. We can use grown up words. Furthermore there is the issue of Mr. Egan. Even if there was an RS, it definitely would not cut him off from financial reward for maintaining a shell with 166 million in NOLs.
Anyway we probably have about 20 million or less actual available shares currently tradeable. Everyone has their price. One tweet or cough from Fairwood/Delfin can cause a rush on shares and drive the price up significantly. Shares held by the hedge fund, and backed by investment bankers can simultaneously be offered for sale at a set opening price.
Last post of the day, I used too much unnecessary ammo.
I agree! 110% I’m still interested to know about that trade volume number that you posted yesterday. I was very impressed how trading seemed to almost turn on a dime after that. Seems like 5 mins later someone made the big buy. I’ve been around, but definitely am not at that level. TIA
It’s herd mentality. Sheep only see the ass end of the other sheep in front of them. When one is startled all are startled. They live in a constant state of nervousness. And as for exit strategy when this goes to dollars, IMO taking a normal years salary will only cause you to be taxed at your current rate. If you sell enough shares to take care of that part of your life, then you have a whole year to plan for other aspects while outlasting the 37 percent ax which is really hard to avoid otherwise. Small business start up costs do have certain write offs, but probably not enough to mitigate the whole enchilada.
Yes. They do have an Exec that handles Asia, plus you have the Bank of South Korea with their 1.5 billion dollar investment.