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 II, LLLP 2006 Intangible Irrevocable Trust
  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 BOULEVARD, 14TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
01/31/2006
(Street)

FORT LAUDERDALE, FL 33301
4. If Amendment, Date 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
(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 01/31/2006   J(1)   38,469,012 (1) D (1) 38,469,012 D  
Common Stock 01/31/2006   J(2)   6,000,000 (2) D (2) 6,000,000 D  
Common Stock 01/31/2006   J(3)   10,000,000 (3) D (3) 10,000,000 D  

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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 Note (1) $ 0.05 01/31/2006   J     34,000,000 06/01/2005   (4) Common Stock 34,000,000 $ 0.05 34,000,000 I E&C Capital Partners, LLLP 2006 Intangible Irrevocable Trust
Convertible Note (2) $ 0.05 01/31/2006   J     34,000,000 06/01/2005   (4) Common Stock 34,000,000 $ 0.05 34,000,000 I E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
E&C Capital Partners II, LLLP 2006 Intangible Irrevocable Trust
110 E. BROWARD BOULEVARD
14TH FLOOR
FORT LAUDERDALE, FL 33301
    X    
E&C Capital Partners, LLLP 2006 Intangible Irrevocable Trust
110 E. BROWARD BOULEVARD
SUITE 1400
FORT LAUDERDALE, FL 33301
    X    
Egan Family GRATS 2006 Intangible Irrevocable Trust
110 E. BROWARD BOULEVARD
SUITE 1400
FORT LAUDERDALE, FL 33301
    X    

Signatures

 /s/ Robin Segaul Lebowitz, Trustee   02/22/2006
**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) These securities were acquired by the Reporting Person from E&C Capital Partners, LLLP under a trust agreement which terminated on January 31, 2006 (the"Trust"). In accordance with the terms of the Trust, on January 31, 2006, the securities were reacquired by E&C Capital Partners, LLLP, the sole beneficiary of the Trust.
(2) These securities were acquired by the Reporting Person from E&C Capital Partners II, LLLP under a trust agreement which terminated on January 31, 2006 (the"Trust"). In accordance with the terms of the Trust, on January 31, 2006, the securities were reacquired by E&C Capital Partners II, LLLP, the sole beneficiary of the Trust.
(3) These securities were acquired by the Reporting Person 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,. In accordance with the terms of the Trust, on January 31, 2006, the Trust terminated and all securities were reacquired by the GRATS.
(4) This demand note has no expiration date and may be converted at any time prior to payment.
 
Remarks:
E&C Capital Partners, LLLP 2006 Intangible Irrevocable Trust
110 E. Broward Boulevard, 14th Floor
Fort Lauderdale, Fl 33301

Egan Family GRATS 2006 Intangible Irrevocable Trust
110 E. Broward Boulevard, 14th Floor
Fort Lauderdale, Fl 33301

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