Theglobe Com Inc
Business Description
theglobe.com, inc. was incorporated on May 1, 1995 and commenced operations on
that date. Originally, we were an online community with registered members and
users in the United States and abroad. On September 29, 2008, we consummated the
sale of the business and substantially all of the assets of our subsidiary, Tralliance
Corporation (“Tralliance”), to Tralliance Registry Management Company,
LLC (“Tralliance Registry Management”), an entity controlled by Michael
S. Egan, our former Chairman and Chief Executive Officer. As a result of and on
the effective date of the sale of our Tralliance business, which was our last
remaining operating business, we became a “shell company,” as that
term is defined in Rule 12b-2 of the Exchange Act, with no material operations
or assets.
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