TheGlobe.com Inc (TGLO)

[tychicus]

They already have the financing to build the whole port. Maybe they want to expand and get their own LNG supertankers or build another port in alaska or something since they are now in the "offshore lng port building business". The supertanker lng fleet for that is already pretty large and more on order from other nations and other companies. Even if they had the money, those are not things you just "buy"..you have wait for a shipyard to build them and that can take years.

Think in terms of logistics for a FLOATING lng port to get the gas to wherever you want it and from there "what they need the money for" is anybody's guess. But you could go shopping and do r and d and lots of stuff with lots of money.

https://www.linkedin.com/pulse/cost-natural-gas-lng-logistics-kenneth-engblom

As for a reverse split, I personally don't see the NEED for it. The price is going up already. People are buying around 5k,10k,20k and 100k lots of stock already.... which is having the effect of making stocks less available. I put in an order today that took 1/2 hour to fill and they broke it up into multiple transactions..which is unusual. So it doesn't make any difference if you have lots of stocks of which everyone is buying huge lots because they are cheap or an expensive stock of which everyone is buying a few to make the stock price exactly the same because it is all investor sentiment/fiat anyway. If anything, you would think they would leave it alone and just let it rise a little at the time and it would get to 5 or 10 buck anyway.

Institutional investors invest in Facebook and Facebook has-- no joke... "Facebook confirmed that the correct share count is about 2.74 billion. " ..that's billion with a B, not Million with an M. This article was written in 2012 when Facebook was 35.00/share.

http://www.businessinsider.com/facebook-shares-outstanding-2012-7


Currently, a search for "facebook outstanding shares" brings up a drop down box that states facebook has 2,138,085,037 outstanding shares. That over 2 Billion and at $184.33/share for a company that essentially has no product and is all hype.

So institutional investors obviously don't care about "400 million shares" as some kind of red flag if they are already investing in a company that has over 2 billion shares and a high pps despite having a ridiculous number of shares and no product at all.

I think your estimation of the worth of your stock is low. That's my opinion. I think if you hold you'll make more money.