TheGlobe.com Inc (TGLO)

[johnnylaw12]

Ok, here it is, from MARAD:


https://www.marad.dot.gov/ports/office-of-deepwater-ports-and-offshore-activities/approved-applications-and-operational-facilities/

On May 8, 2015, the Maritime Administration received an application from Delfin LNG, LLC for Federal authorization required for a license to own, construct and operate a deepwater port to export natural gas to foreign markets abroad. The application was deemed complete on June 29, 2015, and a Notice of Application acknowledging receipt of the completed application was published in the Federal Register on July 16, 2015 (80 FR 42162). On March 13, 2017, the Maritime Administration issued its Record of Decision approving the project with certain technical, financialconditions.License development is currently underway and is anticipated to be completed by the end of 2018.

"LICENSE DEVELOPMENT IS UNDERWAY"

They've completed an application. It has been approved, however they are not fully permitted yet, and you will notice that FINANCIAL is included in the requirements. They can't just let anyone go out there and jack around in the Gulf if they don't have the money and insurance to cover themselves and the environment and the public.