SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust

(Last) (First) (Middle)
110 E. BROWARD BOULEVARD
SUITE 1400

(Street)
FORT LAUDERDALE FL 33301

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/30/2005
3. Issuer Name and Ticker or Trading Symbol
THEGLOBE COM INC [ TGLO.OB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 38,469,012(1) D(1)(4)(5)(6)
Common Stock 6,000,000(2) D(2)(4)(5)(6)
Common Stock 10,000,000(3) D(3)(4)(5)(6)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Note 06/01/2005 (7) Common Stock 34,000,000 $0.05 I E&C Capital Partners, LLLP 2006 Intangible Irrevocable Trust(1)(4)(5)
Convertible Note 06/01/2005 (7) Common Stock 34,000,000 $0.05 I E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust(2)(4)(5)
1. Name and Address of Reporting Person*
E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust

(Last) (First) (Middle)
110 E. BROWARD BOULEVARD
SUITE 1400

(Street)
FORT LAUDERDALE FL 33301

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Egan Family GRATS 2006 Intangible Irrevocable Trust

(Last) (First) (Middle)
110 E. BROWARD BOULEVARD
SUITE 1400

(Street)
FORT LAUDERDALE FL 33301

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
E&C Capital Partners, LLLP 2006 Intangible Irrevocable Trust

(Last) (First) (Middle)
110 E. BROWARD BOULEVARD
14TH FLOOR

(Street)
FORT LAUDERDALE FL 33301

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These securities were acquired by the Reporting Person from E&C Capital Partners, LLLP ("E&C"), as part of its year end tax planning. E&C is the sole beneficiary of the Trust. The Trust will terminate on January 30, 2006, at which time the securities will be reacquired by E&C.
2. These securities were acquired by E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust (the "Trust") from E&C Capital Partners II, LLLP ("E&C II"), as part if its year end tax planning. E&C II is the sole beneficiary of the Trust. The Trust will terminate on January 30, 2006, at which time the securities will be reacquired by E&C II.
3. These securities were acquired by Egan Family GRATS 2006 Intangible Irrevocable Trust (the "Egan Trust") from The Michael S. Egan Grantor Retained Annuity Trust f/b/o Sarah Egan Mooney, The Michael S. Egan Grantor Retained Annuity Trust f/b/o Eliza Shenners Egan, The Michael S. Egan Grantor Retained Annuity Trust f/b/o Catherine Lewis Egan, The Michael S. Egan Grantor Retained Annuity Trust f/b/o Teague Michael Thomas Egan, and The Michael S. Egan Grantor Retained Annuity Trust f/b/o Riley Martin Michael Egan (the "GRATS"), as part of its year end tax planning. The GRATS are the sole beneficiaries of the Egan Trust. The Egan Trust will terminate on January 30, 2006, at which time the securities will be reacquired by the GRATS.
4. Robin Segaul Lebowitz is Co-Trustee of the above-referenced Trusts and disclaims any pecuniary interest in the Common Stock.
5. Dennis D. Smith is Co-Trustee of the above-referenced Trusts and disclaims any pecuniary interest in the Common Stock.
6. Each of the Trusts and the Co-Trustees disclaim the creation of any group by the filing of this Form 3.
7. This demand note has no expiration date and may be converted at any time perior to payment.
Remarks:
E&C Capital Partners, LLLP 2006 Intangible Irrevocable Trust /s/ Robin Segaul Lebowitz, Trustee E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust /s/ Robin Segaul Lebowitz, Trustee Egan Family GRATS 2006 Intangible Irrevocable Trust /s/ Robin Segaul Lebowitz, Trustee /s/ Robin Segaul Lebowitz, Trustee /s/ Dennis D. Smith, Trustee
/s/ Robin Segaul Lebowitz, Trustee 01/09/2006
** 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 5 (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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