4//SEC Filing
THEGLOBE COM INC 4
Accession 0001116502-05-000854
$TGLOCIK 0001066684operating
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 4:33 PM ET
Size
13.7 KB
Accession
0001116502-05-000854
Insider Transaction Report
Form 4
THEGLOBE COM INCTGLO.OB
EGAN MICHAEL S
Other
Transactions
- Purchase
$750,000 Convertible Promissory Note
2005-04-22$0.05/sh+15,000,000$750,000→ 15,000,000 total(indirect: By E&C Capital Partners, LLLP ("E&C I"))Exercise: $0.05From: 2005-04-22→ Common Stock (15,000,000 underlying) - Purchase
$1,250,000 Convertible Note Options
2005-04-22$0.05/sh+25,000,000$1,250,000→ 25,000,000 total(indirect: By E&C I)Exercise: $0.05From: 2005-04-22→ Common Stock (25,000,000 underlying)
Footnotes (4)
- [F1]Consists of an option to acquire an additional $1,250,000 of Convertible Notes on the same terms as the $750,000 convertible note.
- [F2]The Option to acquire additional convertible notes expires July 19, 2005. The Convertible Notes may be converted at any time prior to payment.
- [F3]Certain Trusts for the benefit of the Reporting Person's children, over which the Reporting Person serves as Trustee, have a pecuniary interest in approximately 25% of such securities and the Reporting Person's spouse has a pecuniary interest in approximately 75% of these securities. The Reporting Person desclaims beneficial ownership of the securities in which his wife has a pecuniary interest.
- [F4]The Convertible Notes are demand notes have no expiration date and may be converted at any time perior to payment.
Documents
Issuer
THEGLOBE COM INC
CIK 0001066684
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001066684
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 4:33 PM ET
- Size
- 13.7 KB