DD Support Board and Research Team

[nodummy]

I looked at TGLO a little bit and have been following it some, but not super closely. The filings confirm that Delfin Midstream LLC/Frederick Jones acquired control of the TGLO shell.

TGLO was a clean shell (and yes it was a shell according to their filings). TGLO is fully reporting and it had no 3rd party debt. All the debt was owed to the former officers of the shell who agreed to cancel the debts as part of the change of control (pages 12 and 13)

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12441273

How Jones plans to use the TGLO shell and whether or not Jones will merge the Delfin Midstream LLC operations into the TGLO shell I guess remains to be seen, but I can understand people speculating that TGLO will become a public vehicle for the Delfin Midstream LLC operations.

Since the TGLO filings indicate that TGLO has a float of around 106,810,000 shares it I would make sense for Frederick Jones to do a reverse split to clean up the shell even more. But like I said, I haven't followed it super closely so I'm not sure if there has been any talk of a R/S.

Purchasing the shell just for the Net Operating Loss or to dissolve all the common shares doesn't really make much sense to me.