TheGlobe.com Inc (TGLO)

[jerrybrockman]

The 13D tells the story:

. Fairwood Welbeck Natural Resources Pte. Ltd. (“ FWNR ”) owns approximately 28% of the equity interests of Fairwood and may be deemed to control Fairwood. The address of the principal office for FWNR is c/o Toombs Hall & Foster, LLP, 5949 Sherry Lane, Suite 950, Dallas, TX 75225.

. Talisman Global Capital Master, L.P. (“ Talisman ”) and its affiliated entities owns approximately 29% of the equity interests of Fairwood and may be deemed to control Fairwood. Talisman is affiliated with two of Fairwood’s directors. The address of the principal office for Talisman is 510 Madison Avenue, 7th Floor, New York, NY 10022.

The 2 key words in each of these descriptions is equity interests.

Equity can and often does include stock ownership in a company. This 13D clearly shows that they also just purchased approximately 71% of commons, giving them full control. Their reporting of other shares in specific amounts that any one with common sense would have acquired prior to this transaction is not necessary on this document, however it is covered by the description of ownership of equity interests.

Furthermore, they clearly let the public know that they very well could be in the business of acquiring more shares in the near future:

. [In addition, the Reporting Persons intend to review on a continuing basis their ownership of Shares and may from time to time, increase or decrease their ownership of Shares depending upon the price and availability/i]

Additionally, they cover themselves by making the public aware that no one listed on Schedule A has done the following:

. Except as described herein, there were no other transactions with respect to Shares effected during the past 60 days by the Reporting Persons or any of the persons listed on Schedule A.

Outside of that 60 day window I am betting that they bought every share they could get their hands on. IMO it should be reflected in the 10-K, but I am not an attorney, although I did complete one semester of business law at a small college and received an A minus.

In plain language, “I could be wrong.” However, I just do not see why they would want to mess around with the SEC.

This board can be very entertaining. I saw more than one post referring to Talisman’s purchase of shares at a price over $7 per share. That makes ZERO SENSE, because as you can see from Talisman’s Jan 3 2018 filings, their transactions were listed as sales, furthermore because Talisman is currently in the business of raising capital for this enterprise, they would be buying LOW and selling HIGH.

It is my speculation based on the math of dividing the value of the NOLs by Egan’s 4.99% that the two $76 million dollar transactions.could be the sale of Egan’s shares via an escrow-contingency agreement drawn up in Talisman’s office where seller, Egan meets buyer- INVESTMENT BANK. Two separate sales at the same price for a very interesting amount of cash raises a few ideas about possible scenarios. But it would be a THIRD PARTY coming through with the money, not Talisman/Fairwood.

https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001566538&action=getcompany

Anyway, from my Urban Myth book about MM secret signals, I noticed an EOD buy for 500 shares. Will they gap it up today?