IMPORTANT NOTICE TO STOCKHOLDERS OF theglobe.com, inc. (the COMPANY)
REGARDING THE AVAILABILITY OF THE COMPANYS INFORMATION STATEMENT
RELATING TO A WRITTEN CONSENT OF THE COMPANYS STOCKHOLDERS
Under new Securities and Exchange Commission rules, you are receiving this notice that the Information Statement of the Company is available on the Internet. Follow the instructions below to view the Information Statement or request a printed copy.
On July 9, 2008, the holders of more than a majority of the outstanding shares of common stock of the Company acted by written consent, without a meeting of stockholders, to adopt the Purchase Agreement by and between the Company, our subsidiary, Tralliance Corporation (Tralliance), and The Registry Management Company, LLC (Registry Management or Buyer) (the Purchase Agreement), and approve the transactions contemplated thereby. Under the Purchase Agreement, the Company will sell two hundred twenty nine million (229,000,000) shares of its common stock, together with substantially all of the assets of
Tralliance to Registry Management for consideration consisting of (i) surrender to theglobe of secured demand convertible promissory notes issued by theglobe and held by the Buyer in the aggregate principal amount of $4.25 million, together with all accrued and unpaid interest thereon (approximately $1.148 million as of May 31, 2008), (ii) satisfaction of outstanding rent and miscellaneous fees due and unpaid to the Buyer through the date of closing of the Purchase Agreement (equal to an aggregate of approximately $722 thousand as of May 31, 2008), and (iii) an earn-out equal to 10% of the Buyers net revenue (as defined) derived from .travel names registered by the Buyer through May 5, 2015.
This communication presents only an overview of the more complete Information Statement that is available to you on the Internet. We encourage you to access and review all of the important information contained in the Information Statement. The Information Statement regarding this transaction is available at
www.theglobe.com/informationstatement.pdf
.
If you want to receive a paper or e-mail copy of the Information Statement, you must request one. There is no charge to you for requesting a copy. Please make your request for a copy as instructed below on or before August 25, 2008 to facilitate timely delivery.
The earliest date that the written consent of the stockholders may be effected, and the Purchase Agreement consummated is 40 days after the mailing of this Notice (approximately, September 9, 2008).
Heres how to order a copy of the Information Statement:
Telephone
Call our transfer agent, American Stock Transfer and Trust Company, LLC (AST), free of charge at 800-937-5449 in the US, Canada or Puerto Rico using a touch-tone phone and follow the instructions. From outside the US, Canada or Puerto Rico, call theglobe at 954/769-5900.
Internet
Go to
www.theglobe.com/informationstatement
and follow the instructions.
Email
Send an email message with Information Statement Order in the Subject field and your name and address to ir@corp.theglobe.com
The approximate date of mailing to stockholders of this Notice of Internet Availability of the Companys Information Statement is July 30, 2008.