SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* EGAN MICHAEL S (Last) (First) (Middle) 110 E. BROWARD BLVD. 14TH FLOOR (Street) FORT LAUDERDALE FL 33301 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol THEGLOBE COM INC [ TGLO.OB ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer
	3. Date of Earliest Transaction (Month/Day/Year) 09/29/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/29/2008	09/29/2008	A		229,000,000	A	$0.01	334,899,952(1)	I	See footnote.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Convertible Promissory Note	$0.01	09/29/2008	09/29/2008	J(3)			850,000	(4)	(4)	Common Stock	85,000,000	$0.01	$0	I	By Dancing Bear
Convertible Promissory Note	$0.01	09/29/2008	09/29/2008	J(3)		850,000		(4)	(4)	Common Stock	85,000,000	$0.01	$850,000	D
Convertible Promissory Note	$0.01	09/29/2008	09/29/2008	J(5)			850,000	(4)	(4)	Common Stock	85,000,000	$0.01	$0	D
Convertible Promissory Note	$0.05	09/29/2008	09/29/2008	J(5)			1,700,000	(4)	(4)	Common Stock	34,000,000	$0.05	$0	I	By E&C
Convertible Promissory Note	$0.05	09/29/2008	09/29/2008	J(5)			1,700,000	(4)	(4)	Common Stock	34,000,000	$0.05	$0	I	By E&C II
Convertible Promissory Note	$0.01	09/29/2008	09/29/2008	J(5)		850,000		(4)	(4)	Common Stock	85,000,000	$0.01	$850,000	I	By Registry Management
Convertible Promissory Note	$0.05	09/29/2008	09/29/2008	J(5)		1,700,000		(4)	(4)	Common Stock	34,000,000	$0.05	$1,700,000	I	By Registry Management
Convertible Promissory Note	$0.05	09/29/2008	09/29/2008	J(5)		1,700,000		(4)	(4)	Common Stock	34,000,000	$0.05	$1,700,000	I	By Registry Management
Convertible Promissory Note	$0.01	09/29/2008	09/29/2008	J(6)			850,000	(4)	(4)	Common Stock	85,000,000	$0.01	$0	I	By Registry Management
Convertible Promissory Note	$0.05	09/29/2008	09/29/2008	J(6)			1,700,000	(4)	(4)	Common Stock	34,000,000	$0.05	$0	I	By Registry Management
Convertible Promissory Note	$0.05	09/29/2008	09/29/2008	J(6)			1,700,000	(4)	(4)	Common Stock	34,000,000	$0.05	$0	I	By Registry Management

Explanation of Responses:

1. Includes 530,455 shares held directly by the Reporting Person, 8,041,337 shares held by the Reporting Person's wife, as to which the Reporting Person disclaims beneficial ownership, and 326,328,160 shares held by entities controlled by the Reporting Person.

2. The Reporting Person is the controlling investor of The Registry Management Company, LLC ("Registry Management"). Registry Management acquired 229,000,000 shares of common stock of theglobe.com, inc. (the "Issuer") and the business and substantially all of the assets of Tralliance Corporation, a subsidiary of the Issuer, for consideration consisting of (i) the surrender to the Issuer of convertible promissory notes issued by the Issuer in the aggregate principal amount of $4,250,000, together with all accrued and unpaid interest thereon ($1,256,548 in the aggregate), (ii) satisfaction of outstanding rent and miscellaneous fees due and unpaid to Registry Management through the date of closing ($837,722 in the aggregate), and (iii) an earn-out equal to 10% of Registry Management's "net revenue" (as defined) derived from names registered by Registry Management through May 5, 2015 (collectively, the "Transaction").

3. Dancing Bear Investments, Inc. ("Dancing Bear"), a company of which the Reporting Person is the sole shareholder, distributed convertible promissory notes having an aggregate principal amount of $850,000 and accrued interest of $133,096 to the Reporting Person. This transaction is reflected as a disposition of the convertible promissory notes by Dancing Bear and as an acquisition of the same by the Reporting Person, resulting in a change of record ownership, but not beneficial ownership, of the convertible promissory notes.

4. The convertible promissory notes are demand notes, have no expiration date and may be converted at any time prior to payment.

5. The Reporting Person contributed the convertible promissory notes received from Dancing Bear to Registry Management in exchange for 15,496 Class B Units of Registry Management; and each of E&C Capital Partners LLLP ("E&C") and E&C Capital Partners II, LLLP ("E&C II"), partnerships of which the Reporting Person is a controlling investor, contributed convertible promissory notes having an aggregate principal amount of $1,700,000 and accrued interest of $561,726 in exchange for 35,650 Class B Units of Registry Management. These transactions are reflected as dispositions of convertible promissory notes by the Reporting Person, E&C and E&C II and as an acquisition of the same by Registry Management, resulting in a change of record ownership, but not beneficial ownership, of the convertible promissory notes.

6. Registry Management surrendered the convertible promissory notes received from the Reporting Person, E&C and E&C II to the Issuer as partial consideration in connection with the Transaction.

	/s/ Michael S. Egan	10/01/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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