TheGlobe.com Inc (TGLO)

[jerrybrockman]

Simple way to see it. Delfin LNG has an 8 Billion dollar deal sitting on the table. The connections to Delfin LLC have been established. This is a creation of Fred Jones who was a founder of Glencore in 1974. Go ahead and look that up. It's easy to do. Now take 8 Billion and divide it by the current amount of shares in issue which is 441,000,000. I come up with 18 dollars per share. Will the market decide that this is the companiy's correct value? That is to be determined by THE MARKET.

Originally TGLO IPOed in the late nineties just in time for the dot com meltdown, and it never recovered, but the CEO kept his filings with the SEC current because he knew that the shell would eventually have value.

As for the value of the NOLs...only a tax expert knows the true value and I tend to side with those of Delfin.

My Top Down Bottom Up theory:

This went TOP DOWN in the late 90s, and now that it potentially has true value coming in, with the exact same share structure in place, it could retrace UPWARD.

Comparable companies in the Liquid Natural Gas sector are trading between 10 and 53 dollars per share, however with only HALF the current number of shares that TGLO has in issue.