THEGLOBE COM Business Summary

THEGLOBE COM INC (TGLO) currently operates as a public shell company with no material operations or revenue-generating business segments. Its primary business model is centered on maintaining its status as a reporting entity to serve as a potential vehicle for the strategic objectives of its majority shareholder, Delfin Midstream LLC, which provides the necessary funding for TGLO’s regulatory and legal expenses through related-party loans. The company’s market value is intrinsically tied to the progress of Delfin Midstream’s offshore floating liquefied natural gas (FLNG) export projects, specifically the Delfin Deepwater Port located off the coast of Louisiana. In the competitive landscape of LNG infrastructure development, TGLO’s parent-driven prospects place it alongside industry peers such as Golar LNG, New Fortress Energy, and NextDecade, where it differentiates itself through a low-cost, modular FLNG technology approach rather than traditional onshore liquefaction. Leadership is currently consolidated under Frederick Jones, who serves as the Chairman, President, Chief Executive Officer, Chief Financial Officer, and sole member of the Board of Directors. Jones brings a high-pedigree background to the firm as a founder-shareholder of Marc Rich and Co. AG (now Glencore plc) and a former advisor to the President of OPEC, with extensive experience in global energy markets and U.S. shale gas development. While the company was originally founded in 1995 by Todd Krizelman and Stephan Paternot as a social networking pioneer, the current management is entirely integrated with Delfin Midstream’s executive suite, including Delfin CEO Dudley Poston. The company remains a subsidiary of Delfin Midstream, which holds approximately 71% of the outstanding common stock, and continues to leverage technical partnerships with global firms like Samsung Heavy Industries and Black & Veatch to advance its parent company's energy infrastructure goals.