TheGlobe.com Inc (TGLO)

[tychicus]

I know you just did this, but in the interest of complete, can't-mess-with-me info....footnote on form 3..

These shares are owned directly by Delfin Midstream LLC, which is a majority-owned subsidiary of Fairwood Peninsula Energy Corporation. Fairwood Peninsula Energy Corporation is an indirect beneficial owner of the reported securities. Fairwood Peninsula Energy Corporation disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest therein.


drumroll..

the definition of "pecuniary interest":

Pecuniary interest in any class of equity securities mean “the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in the subject securities.” (17 CFR 240.16a-1)

so, yeah... they want to profit from the stock. Directly or indirectly... and they are saying it..

just getting ahead of all those who shorted the stock and might be tempted to play on a phrase such as "pecuniary interest" as if it means the opposite of what it really means..