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dinogreeves

09/16/23 11:16 PM

#47037 RE: vinnie1965 #47034

Dino still believes this is still the path for Delfin. Common sense still tells me, they still haven't denied merging with TGLO, going into 6 years and if they haven't denied, TGLO and Delfin are still in play. Why haven't they denied and kept it current and still pay the fees to keep it current and never late in their filings and until they find the direction for TGLO, more importantly, no dilution and no toxic notes and they could have easily sold even a fraction of their shares at the top, but why? Why? Cause they are still contemplating, if they even gave anyone a hint the stock will move 1000% on a single day, the most intriguing part for me why is the stock holding the value of 100 million market cap for a shell, heck maybe they want it at 200 million market cap before they announce, who knows, one thing is for sure, Delfin knows everything, they have been under scrutiny and limelight since the filings, why no denial to put the nail in the coffin and be done with it and IPO. One other thing for sure is, Delfin will not be a private entity for too long and most definitely will not sell it self, without blossoming first. Whether they go public through TGLO or IPO, it remains to be seen. Just use common sense.

dinogreeves

09/17/23 12:05 PM

#47047 RE: vinnie1965 #47034

Look at this article.

https://www.spglobal.com/marketintelligence/en/news-insights/trending/WCidEckv47J13Wbwuni4SA2

"In addition, Delfin Midstream currently anticipates that it may enter into an agreement with the Issuer to merge into the Issuer, sell its assets to the Issuer or otherwise consolidate all of substantially all of the Issuer's business with Delfin Midstream," the filing said. "However, there can be no assurance that the Issuer will be successful in consummating any such transaction in the near future, if at all.". Take a note of the last sentence, every merger and SPAC have that clause in it, so that should not be surprise to anyone if they are familiar with mergers or SPAC.

"A source familiar with the matter had previously told S&P Global Market Intelligence on condition of anonymity that a reverse merger was one of the options the company was considering. The Jan. 11 filing is the first official word from the company on the development." Essentially, someone from the inside told reporters what is quoted in that article, "One of the options" the other option could be IPO, so far no word on the streets Delfin is going the IPO route, even if they decided to go the IPO route, today, it will take no less than a year and no less than 25 million dollars to go that route.


Now this quote is very intriguing, that no one has even mentioned it since I have been here. Look at the bold part. Which means TGLO in early 2018 hit a high of 24 cents at some point, right where we are today, but somehow it managed to drift back to the 3's....4's..... and 5's some got extremely lucky, some sold with losses due to impatience.

"Delfin on Dec. 31, 2017, closed a $25,000 deal to buy a majority stake in idled tech company theglobe.com Inc. for less than a penny per share. As of market close on Jan. 11, Delfin's nearly 313 million shares were worth nearly $63 million.". More importantly they could have sold a fraction of their shares at near the top last year if this was not the path they were contemplating with.

Again and again, why is Delfin not denying it, unless they say otherwise TGLO and Delfin are still in play. We just don't know when. Regardless there is reason why the market cap reached to over 100 million then and yet we are still holding that channel.

"The $7 billion Delfin LNG export terminal is one of four fully permitted U.S. projects awaiting a final investment decision. "