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      Report includes forward-looking statements related to theglobe.com, inc. that
      involve risks and uncertainties, including, but not limited to, risks and
      uncertainties relating to the outcome of pending litigation, and other risks.
      These forward-looking statements are made in reliance on the &#8220;safe harbor&#8221;
provisions of the Private Securities Litigation Reform Act of 1995. For further
      information about these and other factors that could affect theglobe.com&#8217;s
      future results and business plans, please see the Company&#8217;s filings with the
      Securities and Exchange Commission, including in particular our Annual Report
      of
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      2006. MySpace alleges that the Company sent unsolicited and unauthorized
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      improperly established by the Company, that the user accounts were used in
      a
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      constituted violations of the CAN-SPAM Act, the Lanham Act and California
      Business &amp; Professions Code &#167; 17529.5, as well as trademark infringement,
      false advertising, breach of contract, breach of the covenant of good faith
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      and injunctive relief for these alleged violations. It asserts entitlement
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      amount of MySpace's actual damages and/or disgorgement of the Company's
      purported profits from alleged violations of the Lanham Act, punitive damages
      and attorneys&#8217; fees. The Company has not yet responded to the complaint but
      intends to vigorously defend itself. It is not possible at this early date
      to
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      possible range of any loss or damage to us. An adverse outcome could materially
      and adversely affect our results of operations and financial position and may
      utilize a significant portion of our cash resources. </font></div>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
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            <td>&#160;</td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;Edward
              Cespedes</font></td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
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UNITED
        STATES
SECURITIES
        AND EXCHANGE COMMISSION
WASHINGTON,
        D.C. 20549
_______________________________
FORM
      8-K
_______________________________
CURRENT
        REPORT
PURSUANT
        TO SECTION 13 OR 15(D) OF THE
SECURITIES
        EXCHANGE ACT OF 1934,
June
                  6, 2006
0-25053
Date
                  of Report (Date of earliest event
                  reported)
Commission
                  File Number
THEGLOBE.COM,
        INC.
(Exact
      name of registrant as specified in its charter)
Delaware
14-1782422
(State
                  or other jurisdiction of incorporation or
                  organization)
(I.R.S.
                  Employer Identification
                  Number)
110
                East Broward Boulevard, Suite 1400
Fort
                Lauderdale, Florida 33301
(Address
                of Principal Executive Offices) (Zip Code)
(954)
                769-5900
(Registrant's
                telephone number, including area code)
This
      Report includes forward-looking statements related to theglobe.com, inc. that
      involve risks and uncertainties, including, but not limited to, risks and
      uncertainties relating to the outcome of pending litigation, and other risks.
      These forward-looking statements are made in reliance on the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. For further
      information about these and other factors that could affect theglobe.com's
      future results and business plans, please see the Company's filings with the
      Securities and Exchange Commission, including in particular our Annual Report
      of
      Form 10-K for the year ended December 31, 2005 and our Quarterly Report on
      Form
      10-Q for the quarter ended March 31, 2006. Copies of these filings are available
      online at http://www.sec.gov. Prospective investors are cautioned that
      forward-looking statements are not guarantees of performance. Actual results
      may
      differ materially and adversely from management expectations.
Item
      8.01. Other Events
On
      June
      1, 2006, MySpace, Inc. ("MySpace"), a Delaware corporation, filed a lawsuit in
      the United States District Court for the Central District of California against
      theglobe.com, Inc. (the "Company"). We were served with the lawsuit on June 6,
      2006. MySpace alleges that the Company sent unsolicited and unauthorized
      commercial email messages to MySpace members using MySpace user accounts
      improperly established by the Company, that the user accounts were used in
      a
      false and misleading fashion and that the Company's alleged activities
      constituted violations of the CAN-SPAM Act, the Lanham Act and California
      Business & Professions Code § 17529.5, as well as trademark infringement,
      false advertising, breach of contract, breach of the covenant of good faith
      and
      fair dealing, and unfair competition. MySpace seeks monetary penalties, damages
      and injunctive relief for these alleged violations. It asserts entitlement
      to
      recover "a minimum of" $62.3 million damages, in addition to three times the
      amount of MySpace's actual damages and/or disgorgement of the Company's
      purported profits from alleged violations of the Lanham Act, punitive damages
      and attorneys' fees. The Company has not yet responded to the complaint but
      intends to vigorously defend itself. It is not possible at this early date
      to
      predict the outcome of this litigation nor any reasonable estimate of the
      possible range of any loss or damage to us. An adverse outcome could materially
      and adversely affect our results of operations and financial position and may
      utilize a significant portion of our cash resources.
SIGNATURES
Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.
Dated:
              June 9, 2006
theglobe.com,
                inc.
By:
/s/ Edward
              Cespedes
Edward
              Cespedes, President
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