NEXT-ChemX Corporation. - 29 May 2024 Form 3 Insider Report for NEXT-ChemX Corporation. (CHMX)

Role: BOARD OF DIRECTORS
Signature: /s/ Benton H Wilcoxon
Issuer symbol: CHMX
Transactions as of: 29 May 2024
Net transactions value: $0
Form type: 3
Filing time: 24 Jun 2024, 12:34:25 UTC
Next filing: 01 Oct 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CHMX	SERIES A PREFERRED STOCK						10,000	29 May 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported issuance of Series A Preferred Stock is controlled by NEXT-ChemX Corporation's Board of Directors. Each share of the Series A Preferred Stock shall be entitled to Five Hundred (500) votes on any matter on which any of the shareholders are required or permitted to vote. Each Series A Preferred Share (par value $0.001) shall be convertible at any time from and after issuance into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001). In the event that any shares of the Series A Preferred Stock are not converted into the Corporation's Common Stock on or before 5:00 P.M., Las Vegas, Nevada time January 1, 2026 then each such outstanding shares of the Series A Preferred Stock shall be automatically converted into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001).

Content

The reported issuance of Series A Preferred Stock is controlled by NEXT-ChemX Corporation's Board of Directors. Each share of the Series A Preferred Stock shall be entitled to Five Hundred (500) votes on any matter on which any of the shareholders are required or permitted to vote. Each Series A Preferred Share (par value $0.001) shall be convertible at any time from and after issuance into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001). In the event that any shares of the Series A Preferred Stock are not converted into the Corporation's Common Stock on or before 5:00 P.M., Las Vegas, Nevada time January 1, 2026 then each such outstanding shares of the Series A Preferred Stock shall be automatically converted into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001).