Replies to post #11698 on TheGlobe.com Inc (TGLO)

[dmsrz8]

Exactly. I agree with this 100% and it is exactly what people should understand here. Thank you!

[Sprycel]

Why don't they do both just like their competitors did when they went public? Every single one did a R/M so why would Delfin not follow what they all did? There is no recreating the wheel, just following the same process. Was very successful for each and every one of them. Delfin has put all the pieces in the right places re Agents, Lawyers, Accounting ETC. Would seem to me they have everything in place to just put the wheels in motion! Why would they do all that if they were NOT going to go public? Seems like a waste of money, time, etc etc etc. JMHO

[trademax42]

They said they purchased TGLO to hedge their bets.

Said who? Has the company said to hedge their bets? If so please provide link. Or did I miss something here?

An outside author saying this is not the same thing as coming directly from the company. I tend to believe more when it comes directly from the company than via third party.


$TGLO$

Disclosure: all imho, do your own DD.

[LETSWIN2020]

If the RM fails and DElfin takes another route of finance than a lot of folks will lose their shirts here . I would definitely make a major loss as the stock will fall below 0.01 over night imo . Fingers crossed that they RM and we bank . Personally for me it's 50/50 chance here imo

[Cache]

Fred Jones has said that securing financing is challenging:

A rapidly growing spot market worldwide for LNG, allied with global oversupply of the super-chilled fuel for at least the next few years, is transforming an energy business that traditionally counts on 20-30 year purchase agreements to bankroll projects.

"It's a very significant challenge to secure long-term buyers given the rise of spot market and oversupply," said Jones. A founder-shareholder of legendary trading business Marc Rich & Co, Jones was in Beijing as part of a trade delegation accompanying U.S. President Donald Trump on his visit to China.

https://www.cnbc.com/2017/11/09/reuters-america-delfin-signs-china-gas-deal-taps-chinese-banks-to-fund-1st-us-floating-lng-plant-ceo.html

I suspect that even if they get some financing, it will likely not be enough to completely fund Delfin's projects in their entirety. "Hedging their bets" might mean raising capital through a public vehicle that financing doesn't cover. That makes the most sense to me since public companies often obtain traditional financing as well.