THEGLOBE COM INC 4
4 · THEGLOBE COM INC · Filed Jun 26, 2007
Insider Transaction Report
Form 4
THEGLOBE COM INCTGLO.OB
EGAN MICHAEL S
Other
Transactions
- Purchase
$250,000 Convertible Promissory Note
2007-06-25$0.01/sh+25,000,000$250,000→ 50,000,000 total(indirect: By Dancing Bear Investments, Inc.)Exercise: $0.01From: 2007-06-25→ Common Stock (25,000,000 underlying)
Footnotes (1)
- [F1]The Convertible Note is a demand note and has no expiration date and may be converted at any time prior to payment. DBI retains the option to acquire an additional $2,500,000 of such Convertible Notes before November 25, 2007.