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|4Apr 26, 4:37 PM ET

THEGLOBE COM INC 4

4 · THEGLOBE COM INC · Filed Apr 26, 2005

Insider Transaction Report

Form 4
Period: 2005-04-22
THEGLOBE COM INCTGLO.OB
E&C CAPITAL PARTNERS LLLP
10% Owner
Transactions
  • Purchase

    $750,000 Convertible Note

    2005-04-22$0.05/sh+15,000,000$750,000→ 15,000,000 total
    Exercise: $0.05From: 2005-04-22→ Common Stock (15,000,000 underlying)
  • Purchase

    $1,250,000 Convertible Note Options (2)

    2005-04-22$0.05/sh+25,000,000$1,250,000→ 25,000,000 total
    Exercise: $0.05From: 2005-04-22→ Common Stock (25,000,000 underlying)
Footnotes (3)
  • [F1]This is a demand note and has no expiration date and may be converted at any time prior to payment.
  • [F2]Consists of an option to acquire an additional $1,250,000 of Convertible Notes on the same terms as the $750,000 convertible note.
  • [F3]The option to acquire additional convertible notes expires on July 19, 2005. The Convertible Notes may be converted at any time prior to payment.

Documents

1 file
  • 4
    eandc-capital_ex.xmlPrimary

    FORM 4