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LexTrader

01/17/23 5:39 PM

#43533 RE: NorthPeak22 #43532

I have often wondered if there were certain entities that were trying to shake retail out of their shares, so they could buy up the float. I sure would like to know who the email was from?
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WSB76

01/17/23 5:50 PM

#43535 RE: NorthPeak22 #43532

Interesting theory but I don’t believe much of it to be accurate. I believe that Delfin and their partners had 95% of the tglo locked away before 12/20/2017. I believe that by 1/10/2018 they had 97%. Are they still trying to buy more today? No better evidence than the NIA pump. They along with real news pushed it to .85 holey smokes eight five cents for a shell company! But, here is the “kicker” still no volume. Very few shares traded. Two days at just over a million shares at a 8X gain is NOTHING!
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copesjc

01/17/23 6:33 PM

#43537 RE: NorthPeak22 #43532

It has a ring of truth to it. I believe there have to be shares available to short and they got the 400k from someone, and do not seem to be in a big hurry to cover.

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senor_c

01/17/23 8:09 PM

#43545 RE: NorthPeak22 #43532

I'll take your theory a bit further and say that I would bet money that Fred and the folks at Delfin were not happy that TGLO was technically being promoted by NIA (according to OTC Markets definition). If an up and coming LNG development company is trying to convince big listed companies to partner with them and part of that deal might be going public with this OTC shell, they certainly don't want there to be a red promotor flag on the OTC Markets page when those potential partners are doing their research and due diligence on TGLO. That does not look good, and it's a pain in the ass to have to explain away, especially considering the history with this ticker lol. Having a promotion flag makes you look like amateurs to big listed companies that have no time for little OTC promoted operations. If I were on Delfin's team it would make me mad, too. I never liked it, but I get it it. We're on the OTC, and that stuff is going to happen.
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dinogreeves

01/17/23 8:24 PM

#43549 RE: NorthPeak22 #43532

Yes and no, yes because it is a theory (Definitely plausible) but in some cases before a merger consummates the market cap has to be at a certain threshold. So maybe they are not ready yet for number of reasons, one could be your theory or one could be that the market cap has to be at a certain threshold, whether up and or down, is anyone's guess at this point.
Bullish
Bullish