TheGlobe.com Inc (TGLO)

[U2C2]

Hopefully Delfin management is following this same logic regarding the RM and is also moving expeditiously to move the project forward either through option 3 or 4 ( which I mentioned before). The new Delfin support letter that Chesapeake has filed with DOE, which is still not accessible, and the impact of the senators’ letter, the Devon letter, and now Chesapeake letter on DOE decision will hopefully result in DOE extension and then a potential RM in the best case scenario. Regarding the price dynamics the key is what fraction of the sub-penny shares acquired before Dec 2017 are still being held and not sold after the multiple mini rallies we have had since Jan 2018. The three year volume profile of TGLO has a POC of around .20 which would be the fair value at which we had been sitting at for some time while the 15 year POC value is basically par value (.005)! Since we have not had high volume selling pressure I assume a lot of the very early sub-penny holders have already existed in previous mini rallies or are not selling! Hard to predict the price dynamics but so far the lack of high volume selloff is very encouraging for strategic longs. Any positive surprise news may quickly push us back over .20 if the above scenario is valid. Finally, all of this is my hypothetical analysis and I'm in no way shape or form making a recommendation to buy hold or sell! GLTA