TheGlobe.com (TGLO) gained by 9.67% today to a new 16-year closing high of $0.296 per share! TGLO has potential to become NIA's #1 largest percentage gainer of all-time!
Delfin Midstream owns the majority of TGLO and their Final Investment Decision to build America's first floating LNG facility will be made by year-end! If the Final Investment Decision is positive, it is expected that Delfin Midstream will go public by reverse merging into TGLO! One week ago, Devon Energy (DVN) a $45 billion market cap company signed an LNG Export Partnership with Delfin Midstream and made an investment into Delfin! This is the third huge deal that Delfin Midstream has signed in the past two months. One month ago, Centrica signed a binding agreement to purchase $8.47 billion worth of LNG from Delfin Midstream for the United Kingdom. In mid-July, Vitol Inc. signed a binding agreement to purchase $3 billion worth of LNG from Delfin Midstream. Delfin said last week that they are also "in numerous advanced discussions on additional binding SPAs, HOAs and tolling agreements similar to those previously announced." This means that many more huge agreements are likely to be announced by Delfin Midstream in the upcoming weeks/months causing TGLO to explode significantly higher as the odds of a positive Final Investment Decision continue to increase!
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