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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(Print or Type Responses)
1. Name and Address of Reporting Person *
E&C CAPITAL PARTNERS LLLP
  2. Issuer Name and Ticker or Trading Symbol
THEGLOBE COM INC [TGLO.OB]
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)
110 E BROWARD BLVD 14TH FL
3. Date of Earliest Transaction (Month/Day/Year)
09/29/2008
(Street)

FORT LAUDERDALE, FL 33301
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)
Code V Amount (A) or (D) Price
Common Stock 09/29/2008 09/29/2008 A   229,000,000 A $ 0.01 267,469,012 (1) (2) I See footnote. (1)

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Promissory Note $ 0.05 09/29/2008 09/29/2008 J(3)(4)     1,700,000   (5)   (5) Common Stock 34,000,000 $ 0.05 $ 0 D  
Convertible Promissory Note $ 0.01 09/29/2008 09/29/2008 J(3)(4)   850,000     (5)   (5) 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(3)(4)   1,700,000     (5)   (5) 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(3)(4)   1,700,000     (5)   (5) 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   (5)   (5) 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   (5)   (5) 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   (5)   (5) Common Stock 34,000,000 $ 0.05 $ 0 I By Registry Management

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
E&C CAPITAL PARTNERS LLLP
110 E BROWARD BLVD 14TH FL
FORT LAUDERDALE, FL 33301
    X    

Signatures

 /s/ Edward A. Cespedes   10/01/2008
**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) Includes 38,469,012 shares held directly by the Reporting Person and 229,000,000 shares held by The Registry Management Company, LLC ("Registry Management"), a company of which the Reporting Person is a controlling investor.
(2) 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) The Reporting Person contributed convertible promissory notes having an aggregate principal amount of $1,700,000 and accrued interest of $561,726 to Registry Management in exchange for which Registry Management issued 35,650 Class B Units to the Reporting Person. Registry Management also received capital contributions of (i) convertible promissory notes having an aggregate principal amount of $850,000 and accrued interest of $133,096 from Michael S. Egan, a controlling investor of the Reporting Person, in exchange for 15,496 Class B Units of Registry Management, and (ii) 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 from E&C Capital Partners II, LLLP ("E&C II"), a partnership of which Mr. Egan is a controlling investor. (Continued to footnote 4).
(4) (Continued from footnote 3) These transactions are reflected as a disposition of convertible promissory notes by the Reporting Person, and as acquisitions of convertible promissory notes by Registry Management.
(5) The convertible promissory notes are demand notes, have no expiration date and may be converted at any time prior to payment.
(6) Registry Management surrendered the convertible promissory notes received from the Reporting Person, Mr. Egan and E&C II to the Issuer as partial consideration in connection with the Transaction.

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