theglobe.com, inc. (OTCMKTS:TGLO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(b), (c) & (d)

Effective June 29, 2018, the Board of Directors of the Company (the “Board”) and the majority of stockholders of the Company appointed Mr. Frederick P. Jones as President, Chief Executive Officer, Chief Financial Officer, and Director of the Company at a salary of $1 per year. The Company did not enter into a compensatory or any other agreement with Mr. Jones, although the Company may in the future determine to enter into such arrangement.

Mr. Jones will serve as a director until the next annual meeting of stockholders of the Company and until his successor is duly appointed and qualified or until his earlier death, resignation or removal. Mr. Jones will serve as Chairman of the Audit Committee and Compensation Committee. The following is a brief description of the background and business experience of Mr. Jones:

Fredrick P. Jones, 70, has been involved in energy infrastructure, real estate, and oil and gas businesses for approximately 40 years. Mr. Jones was one of the early investors in U.S. shale gas. For approximately the past five (5) years, Mr. Jones has served as the Chief Executive Officer of Fairwood Peninsula Energy Corporation (“Fairwood”), a midstream liquefied natural gas company. Fairwood is the parent entity of our controlling stockholder, Delfin Midstream, Inc. (“Delfin”). Mr. Jones was a founder of Delfin, and is currently a Delfin stockholder. Throughout his 40 years of experience in the energy industry Mr. Jones has developed projects and businesses in LPG marketing, coal bed methane extraction, hydroelectric power, and natural gas. He has led numerous ventures with various public and private entities throughout the world. He was also a founder shareholder in Marc Rich + Co A.G. (now known as Glencore Plc).

Mr. Jones’ principal business address is c/o Fairwood Peninsula Energy Corporation, 5949 Sherry Lane, Suite 950, Dallas, TX 75225

Effective June 29, 2018, Mr. William R. Nichols resigned from his positions of President, Chief Executive Officer, Chief Financial Officer, Director, and any other directorships, offices or other positions with the Company.

About theglobe.com, inc. (OTCMKTS:TGLO)

theglobe.com, inc. is a shell company with no material operations or assets. The Company was an online community with registered members and users in the United States and abroad. The Company previously operated its computer games print magazine and the associated CGOnline Website, as well as the e-commerce games distribution business of Chips and Bits. The Company has no intent to seek to acquire, or start, any other business. The Company has no revenue.