Edgar Filing: EGAN MICHAEL S

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

EGAN MICHAEL S

2. Issuer Name and Ticker or Trading Symbol
THEGLOBE COM INC [TGLO]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
See Remarks

(Last)

(First)

(Middle)

C/O THEGLOBE.COM, INC., P.O. BOX 029006

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2017

(Street)

FORT LAUDERDALE, FL 33302

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/31/2017		S		380,455 ⁽¹⁾	D	⁽¹⁾	150,000	D
Common Stock	12/31/2017		S		48,303,148 ⁽¹⁾	D	⁽¹⁾	0	I	By Dancing Bear Investments, Inc. ⁽²⁾
Common Stock	12/31/2017		S		38,469,012 ⁽¹⁾	D	⁽¹⁾	0	I	By E&C Capital Partners, LLLP ⁽²⁾
Common Stock	12/31/2017		S		6,000,000 ⁽¹⁾	D	⁽¹⁾	0	I	By E&C Capital Partners II, LLLP ⁽²⁾
Common Stock	12/31/2017		S		207,146,000 ⁽¹⁾	D	⁽¹⁾	21,854,000	I	By The Registry Management Company, LLC ⁽²⁾
Common Stock	12/31/2017		S		3,527,337 ⁽¹⁾	D	⁽¹⁾	14,000 ⁽³⁾	I	By Spouse
Common Stock	12/31/2017		S		9,000,000 ⁽¹⁾	D	⁽¹⁾	56,000	I	By Trusts ⁽⁴⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
EGAN MICHAEL S C/O THEGLOBE.COM, INC., P.O. BOX 029006 FORT LAUDERDALE, FL 33302	X	X	See Remarks

Signatures

/s/ Michael S. Egan		01/02/2018
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	On December 31, 2017 Michael S. Egan, his spouse, S. Jacqueline Egan, Dancing Bear Investments, Inc., E&C Capital Partners, LLLP, E&C Capital Partners II, LLLP, The Registry Management Company, LLC, and the Trusts (as defined below) sold to Delfin Midstream LLC, in a privately negotiated transaction, a total of 312,825,952 shares of the issuer's Common Stock for an aggregate purchase price of $25,000 (the "Transaction").
(2)	Michael S. Egan may be deemed to control each of Dancing Bear Investments, Inc., E&C Capital Partners, LLLP, E&C Capital Partners II, LLLP and The Registry Management Company, LLC.
(3)	Michael S. Egan disclaims beneficial ownership of the shares of the issuer's Common Stock held by his spouse.
(4)	The Trusts are Grantor Retained Annuity Trusts, of which Michael S. Egan is the Grantor and Trustee, for the benefit of Michael S. Egan's children.
Remarks: Chairman and CEO-Upon the closing of the Transaction, Michael S. Egan resigned as an officer and director of the issuer. In addition, after giving effect to the Transaction, Michael S. Egan's direct and indirect beneficial holdings of the issuer's Common Stock represent less than 5% of the total issued and outstanding shares of the issuer's Common Stock.

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