TheGlobe com Inc (PK) (TGLO) Quote

Good luck. You might end up owning the float by the time Delfin decides assuming the tradable float is around 15 million.

I got dry powder 

Single digits by August if there is no news within the next two months. I got my popcorn ready when this drop way below dime land and watch everyone in action.

Scratching my head with these guys.

There's still time to procrastinate

This has been mentioned on this board maybe 2-3 times for the last 6-9 months and it was inevitable, I second guess the timing though, why it didn't happen a week or two weeks ago, especially when they (US, Israel and Iran) were suppose to meet this Sunday, especially in light of the upcoming Military Parade on Saturday and the riots. As for your question, oil and natural gas prices are going to boom overnight, especially if Iran closes off Strait of Hormuz, oil will boom to over 200 dollars a barrel, Delfin is not a producer, in this case Devon will do exceptional, depending on how long this conflict last, oil prices might hover around 150-180 dollars a barrel, just watch a foreign news anchor, he said, if Iran retaliates and Israel is overwhelmed, then we might be into something that we have never seen before.

As a Persian, I really don't care what happens to Iran, no family members there except for my father's land and plant that he owned in Iran.
Wishful thinking of course, but I would love to see Ali Reza Pahlavi be installed.

Delfin merging with TGLO is more realistic.

Israel attacking Iran good for American LNG/Delfin?

Yeah, I would like to believe something will happen in August, especially when the filings are due too. No reason to file and stay current, much less the new CPA.

As much as I want to believe that to be true, knowing Delfin this could get pushed back lol when reading through that Mitsui OSK agreement Dudley Poston himself made the comment about FID being in 2023. 
Not being a naysayer, but always keeping an open mind and cold drink in hand. I'm certainly damn ready for the show to begin though. Daddy needs some new shoes!! LOL 

I do notice now that this “mid 2025” date for FID hasn’t been pushed back. August is seeming more and more likely the final date for FID on their first FLNG with 2 months left to go. Over the previous years, they would claim FID by mid 2023 for example, only to be pushed back a few months before the supposed timeline to Q4 then Early 2024, mid 2024, etc…

I'll double the amount at .12

Full transparency - I'm making a market for anyone that is looking to reduce risk or exposure: 50k at 16 cents.

Would be really nice if Delfin announces FID and Reverse Merger at same time in August.

Not much time left until FID in August 2025.

Xl what are we getting closer to???

Getting close guys. Get your seat belts buckled up! Lift off in 10, 9, 8, ....

Prime example of how these things should be done.





Change of control happened thus new directors, next we should see Alford removed from Co-CEO and business description updated, the current CEO that took control is also in the Electric Vehicle Industry based out of Canada. Once those are official it should move to 20 cents minimum, I bought more today and have been for the last one week.

Nothing will move the needle with this Hotel California, until contracts will move the needle but it will fizzle again and until FID and it will fizzle again but the actual merger. First and foremost form 211 need to be filed, OTC markets needs to show Frederick Jones or someone from Delfin as the CEO of TGLO, that will connect the dots, otherwise this is going to turn into a roach motel. Just file the damn reverse split so we know there is some validity to the merger.

Off go the weak into stronger hands........

Awesome! Thanks for posting. Let's see some pps movement today. Up of course.
Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is seeking an additional extension from the US Department of Energy. The company is looking to make a final investment decision on the first FLNG in August.

LNGPrime article with pay wall.
6/12/25


https://lngprime.com/americas/delfin-seeks-new-doe-extension-eyes-fid-on-first-flng-in-august/154095/

Just re-reading through Mitsui O.S.K. & Delfin agreement news from 2023. MOL put someone on Delfin's board of directors. This individual is Suryan Wirya-Simunovic. Suryan was an executive VP in Golar from 2016 to 2020. 

Thanks. From your post. The article sites the Delfin agreement near the end of the article.

Sefe signed a heads of agreement with Delfin Midstream in March, for the supply of 1.5 million tonnes of LNG per year for at least 15 years.

LNG will be sourced from floating LNG (FLNG) vessels that Delfin is deploying approximately 40 miles offshore near Cameron, Louisiana, on the US Gulf Coast.

The global LNG market will continue to grapple with “structural volatility” as European dependency on LNG increases, delegates in London heard today.

With 175 mmtpa of LNG under construction, and more FIDs to come, the market consensus is that price cyclicality will continue.

Compressor firms to prosper from Germany–Azerbaijan natural gas deal
https://www.gasworld.com/story/compressor-firms-to-prosper-from-germany-azerbaijan-natural-gas-deal/2160078.article/

I keep adding to my position in small chunks, against my better judgement. It seems I have abolished my own investing DEI policies.

It would sure be nice to see some buying here.  Been quite awhile since we have had some solid interest.  Just constant unloading lately.

Yeah I know what you were getting at as far as decade hopefully that’s a big stretch. :) The last month or so a lot of great posts and enthusiasm it was good reading them. Once they requested four years to DOE it worried me, remember the 4 year FERC permit we all thought for safety, they had other thoughts. Here for payoff or write off hopefully first one.

It was just a mathematical exercise to highlight the effect of a RS on their percentage ownership. Price used was irrelevant. Offering was hypothetical.

Note that he said "these numbers" last sentence. Use different numbers and they can retain their controlling interest. Just an example that no one knows nada.

This decade? Boy now that's a crap shoot based on their history!

To me that scenario is stupid at whatever price point the stock is with a RM and slew of PR's it will be much higher than .75 cents  and to issue that amount of shares in a offering is ludicrous. They would deserve to stay in penny land. Your right about RS discussion I give let's just hope they RM this decade after requesting 4 year DOE permit 

Or this scenario? This project is large enough with tangible assets and such huge potential that I don't think the EPS argument matters. The market will not penalize the company for relying on future earnings.

There were so many astute IHubers commenting back in 2018. Some legit, some pumpers, some dumpers but if you filter out the noise and take the time to review this boards history, you will find many great contributors. Would be interesting to know who among them are still holding?

I suspect the Reverse Merger Attorney firm, one of the best in the country, is helping them file the Preferred share super voting shares so Delfin can continue to have majority ownership of the company and its assets to execute their business plan without outside interference. Then they can vote to grant themselves these shares because they are a majority owner and then they can return the common to treasury to offer for sale to the investment community therefore raising the necessary capital they need! It would avoid the company from doing any S1 or S3 because they are selling stock already issued back into the market therefore avoiding any need for the process you stated as lengthy! My bet is the value of those shares would be around $10.00 minimum at that immediate time if not higher when the street realizes the huge future potential Delfin has with its asset base.

RS discussions are like nails on a chalkboard. It's been going on for 7 years, 7 long years.
Here's a blast from the past to chew on!

Cache had many such articles refuting a RS. This one is not from her. As I've said I don't know the answer but it just highlights the fact that no one knows. Too many potential scenarios. But have fun. Nothing much else to do until news breaks!

Here is why a R/S will force Delfin to lose majority ownership of the company and their assets are in the Billions of dollar and there is no way that big time Reverse Merger Attorney firm would ever suggest a R/S to Delfin!!!

Delfin owns 312,825,952 shares 70.9 % of the stock, majority ownership
Lets assume a 5 to 1 R/S which would leave Delfin with 62,565,190 which would still constitute a 70.9% ownership.

Now the reason why Delfin wants to go public is to raise capital for their business plan execution so they would then have no alternative but to issue shares to sell to the street for capital.

Lets say they authorize a secondary offering of 200,000,000 shares because the stock price, at current levels, would be .75 after the split. That would give them $150,000,000 in capital. Far less than what they need which is several billions of dollars.

Now they sell all those shares to the street meaning the issued is back up to 288,296,967 shares (441,484,838 / 5 = 88,296,967 + 200,000,000).

Now with Delfin owning only 62,565,190 shares it would now constitute an ownership of 21.7% ownership down from 70.9%.

These numbers absolutely support the theory of a R/S as total BS!

So what you are saying that Delfin will never dilute? Then what's the point of going public, might as well stay private, companies go public to raise funds for their growth ambitions, or just share selling scheme. Delfin chose this because the shell was a bargain, they also chose this for simple reasons to do a reverse split in due time, they can't dilute even if this made it to $5 dollars or even $10 dollars organically, 6 billion dollars for the cost of the ships, if my math is correct that is 600 million shares at $10 dollars and we have the OS almost maxed out, actually another 48 million left to max out the authorized shares. It would be a very prudent and appropriate action.

Delfin bought TGLO knowing there were 441 mil O/S. Maybe they are ok with that number. They could have bought a shell with less O/S but they didn't. They can reverse split but what's the point since everyone's ownership % stays the same. And if they dilute then their ownership % goes down. 

While doing my routine Google search for Delfin Midstream I came across this. Love to see it.

Could see Delfin take a measured, strategic, and laddered approach at some-point, but nothing wholesale and likely to cause volatility. But, I don't see them letting themselves get diluted lower than net of 50%, after whatever EGAN does, they'll want to keep control.

Still, think debt cheaper than equity.

I wouldn't doubt it these football players have no sense of reality in the real world. I did want to say another thing on RS's, that usually an RS is for a company to stay listed due to low stock price. Unfortunately most of those companies their shares are there for a reason (they suck) and their SP continues to erode. A RS for TGLO is for completely different reasons. Although (I'm not a naysayer and don't want to be barbecued) I'm afraid if they RS too early before they can earn the SP can erode. Hopefully we can all be long gone before that!!

I wasn't applying AI to you I just added two thoughts on one post.

Now the eps issue I can relate to. That makes sense.

By the way the last AI I asked said Prescott is going to have issues with Pickens!

Jab I don't use AI I've been around the block like you and many others here, you just don't bring a stock to market with that many shares outstanding. Look at an IPO they start with around 50 million shares maybe 75 million tops. Then 6 months to a year do a 50 - 100 million share offering to raise capital. 441 million shares is just way to many not to mention at some point they will have real quarterly earnings. So they will have to show EPS you know Earnings per Share can you imagine dividing by 441 million. 

concur, it's a trade

I wouldn't chase that thing, but that is just me. Great PR though how far will they take it with limited funds should be in your mind.

nice catch, just got some

ALL TRUE ....JAB65

All true. I don't need to let it breath/age. A good Beaujolais is just fine with me.

But if I was Chen's age I would be much interested in the long haul. I've been on Mr C's bandwagon from the time I first learned about this ticker, re getting out while the getting is good with a small amount held for good measure.
$RMDGLO

Just to keep things in perspective and no I am not on this trade, just noticed it. Almost 900 million in volume and up 700% on a penny stock that has some great press release, not to mention 32 OS and Float. You should be able to gauge based on how things will turn out on TGLO, provided that most of us hold without a reverse split, with a reverse split TGLO can hit over all time high since inception and keep running.

https://finance.yahoo.com/quote/KLTO/

Even if sold at $10 there should be a ton of other investors coming in at $10 and above.

I agree with D573 opinion of a debt heavy path and especially relying on tight hands by holders.

That's a very good start. This could hit big numbers if everyone holds, the only issue I see is, it's been 8 years, if everyone holds with this tradable float, this can realistically see 20....30.... even 50 dollars, but we all know with so many years of waiting most will sell between 6-8 dollars and won't let it breath. My guess is tradable float is 15 million, the question is who will hold for above 10 dollars, since most are targeting 10 to get out with the amount of time it has taken.

They have 90% give or take.

It's not AI, it's experience. Even Mankind thought the ratio will be 20 to 1 reverse split. Not to mention the merger of Delfin's caliber only has 71% control, they all come with 90% and above.

So how many shares do you up list with and what do you base this opinion on?

It's amazing how so many rely on AI these days to show them how to wipe their rear as if they forgotten how to wipe and think.

But if I did put my faith in AI I would go with Doug's model, the one that's debt heavy. Makes the most sense to me and we're all right until we're proven wrong!