THEGLOBE COM INC 4
4 · THEGLOBE COM INC · Filed Jun 2, 2005
Insider Transaction Report
Form 4
THEGLOBE COM INCTGLO.OB
E&C CAPITAL PARTNERS LLLP
10% Owner
Transactions
- Purchase
Convertible Note
2005-06-01$0.05/sh+15,000,000$750,000→ 30,000,000 totalExercise: $0.05From: 2005-06-01→ Common Stock (15,000,000 underlying) - Purchase
Convertible Note Options
2005-06-01$0.05/sh−15,000,000$750,000→ 10,000,000 totalExercise: $0.05From: 2005-04-22→ Convertible Note (15,000,000 underlying)
Footnotes (2)
- [F1]Acquired on exercise of convertible note option. This is a $750,000 demand note and has no expiration date and may be converted at any time prior to payment.
- [F2]The option to acquire additional convertible notes expires on July 19, 2005. The Convertible Notes may be converted at any time prior to payment.