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theglobe.com, inc. (theglobe) managed a single line of business as of December 31, 2007, namely Internet services, consisting of Tralliance Corporation, which is the registry for the .travel Internet domain. In March 2007, the Company's management made the decision to shutdown the operations of both its computer games and Voice over Internet Protocol (VoIP) telephony services lines of business and to focus 100% of its resources and efforts to further develop its Internet services business. During the year ended December 31, 2007, Tralliance announced the development of a bulk purchase program designed to accelerate .travel name registration growth and to promote use of the .travel domain name. On December 20, 2007, Tralliance entered into a Bulk Registration Co-Marketing Agreement with Labigroup Holdings, LLC (Labigroup), under Tralliance’s bulk purchase program.(Source: 10-K)