theglobe.com Inc (TGLO) is a shell company incorporated in Delaware with no active business operations as of its fiscal year ended December 31, 2025. The company generates no operating revenue. Frederick Jones serves as the sole board member, Chief Executive Officer, and Chief Financial Officer, signing the 10-K filed April 1, 2026. The company's auditors issued a going-concern explanatory paragraph in their report on the December 31, 2025 financial statements, and management states that without additional capital or continued creditor forbearance, the company cannot operate as a going concern beyond the next twelve months. The balance sheet carries notes payable due to a related party, including a $1,256,000 Twenty-Fourth Amended and Restated Bridge Promissory Note dated January 10, 2026 with Delfin Midstream Inc. The company's common stock trades as a penny stock and is subject to SEC Rule 15g-9 restrictions. No dividends have been paid and none are expected.
Source: SEC 10-K, filed 2026-04-01
Industry: Services-Advertising
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