Sec Form 4 Filing - E&C Capital Partners II, LLLP @ THEGLOBE COM INC - 2017-12-31

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
E&C Capital Partners II, LLLP
2. Issuer Name and Ticker or Trading Symbol
THEGLOBE COM INC [ TGLO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O THEGLOBE.COM, INC., P.O. BOX 029006
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2017
(Street)
FORT LAUDERDALE, FL33302
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/31/2017 S 6,000,000 ( 1 ) D 0 D
Common Stock 12/31/2017 S 207,146,000 ( 1 ) D 21,854,000 I By The Registry Management Company, LLC ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting O wners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
E&C Capital Partners II, LLLP
C/O THEGLOBE.COM, INC., P.O. BOX 029006
FORT LAUDERDALE, FL33302
X
Signatures
/s/ Edward A. Cespedes, President of E&C Capital Partners II, LLLP 01/02/2018
Signature of Reporting Person Date
Explanation of Responses:
( 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 certain Grantor Retained Annuity Trusts, of which Michael S. Egan is the Grantor and Trustee, for the benefit of Michael S. Egan's children, 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"). After giving effect to the Transaction, E&C Capital Partners II, LLLP'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.
( 2 )E&C Capital Partners II, LLLP may be deemed to control The Registry Management Company, LLC.

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