TheGlobe.com Inc (TGLO)

[jerrybrockman]

Hey RH and friends-in May,1999, TGLO did their only split, a 2 for 1 forward. I can see them going in reverse by the same ratio to get back to the original share structure, but I’m not sure they would want to do that. If they truly wanted to scare people away, then, in my opinion, they would have filed a DEF 14A several years ago, with a bone crushing ratio. I haven’t seen that. I’ve seen it done before on other OTC tickers, in order for insiders to accumulate shares on the cheap, but Delfin is not a shady outfit, plus as has been gone over time and time again, they likely got all they wanted before Jones and company showed their cards. But, 10 days notice is all that is required,
https://www.offshore-energy.biz/siemens-samsung-and-black-veatch-scoop-up-work-on-us-deepwater-lng-export-project/
Anyway, projects like this require lots and lots of money. There might be a little something in the BBB to give it a boost but last I checked some guy was still flapping his jaws about down trodden ism or something. And even if the government kicked $$$$ in, they would still need more.
Anyway Happy 4th, be well.