Replies to post #47231 on TheGlobe.com Inc (TGLO)

[senor_c]

I'm sure others could offer more insight about TELL, but simply put, TELL put the cart before the horse (going public too soon, starting construction on a project without the financing or contracts, etc....).

[dinogreeves]

Eagle buddy, for one, TEL*L didn't have the FID (Final Investment Decision) before they went public and because of that they lost a lot of massive deals/contracts due to not being able to deliver them as promised, second, the founder Souki, sold a lot of shares to pay for his lavish lifestyle, including selling a lot of shares to pay for his 35 million dollar mansion, the same guy who founded Cheniere Energy, until Carl Icahn booted him out with the board behind him and that is exactly why Cheniere Energy is sitting at triple dollars currently, Souki had a great vision, but he was riding high on shareholders funding his vision on both tickers, LN*G and TEL*L, essentially scamming investors. Delfin wants to make sure, they have the FERC and FID simultaneously, so they won't follow suit like TE*LL did, once they get all their ducks in the row, FERC, FID and more contracts, then the merger should follow thereafter, no one knows exactly when all of this will happen, but when it happens everyone from that sector will be coming here in droves my friend. Just hold and accumulate is all we can do at this point.

[NorthPeak22]

It's my personal opinion that Souki created Tellurian and r/m with Magellan Petroleum for the explicit purpose of converting his 25M share TELL position into a massive loan for his real estate investments. TELL r/m with Magellan in February of 2017 I believe, and about 1 month later Souki had already flipped his position for cash, or at least "pledged" it as collateral. I think Souki has been in very poor financial shape for awhile and has used Cheniere and Tellurian to cover up a giant black hole in his personal finances. Once it all started to come out that he's mixed his personal finances with his businesses, the SPA's were abandoned and Driftwood became a total sham. Add to that going public without FID, plus talking a big game and not delivering on self imposed deal deadlines, you can see that nobody believes in the project or Souki anymore. Frederick P. Jones is a different caliber man in my opinion.

[NorthPeak22]

The world will never see Mr. Jones or any current or future Delfin executive look like this on TV....https://www.bloomberg.com/news/videos/2023-04-13/tellurian-closer-to-securing-lng-project-funding-souki-video