John Michael Johnson - Sep 23, 2024 Form 4 Insider Report for NEXT-ChemX Corporation. (CHMX)

Signature
/s/ John Michael Johnson
Stock symbol
CHMX
Transactions as of
Sep 23, 2024
Transactions value $
$57,473
Form type
4
Date filed
10/2/2024, 09:58 PM
Previous filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHMX COMMON STOCK Other $0 +1.31M $0.00 1.31M Apr 27, 2021 see note F1
transaction CHMX COMMON STOCK Options Exercise $41.3K +41.3K $1.00 41.3K Jun 17, 2022 Direct
transaction CHMX COMMON STOCK Options Exercise $16.2K +16.2K +39.31% $1.00 57.5K Nov 12, 2022 Direct
transaction CHMX PREFERRED STOCK SERIES A Award $0 +10K $0.00 10K May 29, 2024 Direct F2
transaction CHMX PREFERRED STOCK SERIES F Award $0 +10K $0.00 10K Sep 23, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The indirect beneficial ownership reflects an ownership interest of 5.5% of the share capital of a private corporation that is the controlling shareholder of NEXT-ChemX Corporation ("CHMX"), Nevada, the reporting issuer. The controlling shareholder owns a total of 23,844,448 shares in the reporting issuer. The reporting person is also an Officer and Director of the registered controlling shareholder. On September 5, 2024, Sparkie Properties LLC, a Delaware LLC ("Sparkie"), filed a Form 3 submittal. This filing alleged that Sparkie owned 15,866,096 shares of CHMX as beneficial owner. This representation is currently being litigated in the Texas Court of Appeals in Eastland, Texas. There is no final order adjudicating the ownership of the claimed securities.
F2 Each share of the Series A Preferred Stock is entitled to Five Hundred 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 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).
F3 Each share of the Series F Preferred Stock is entitled to One Thousand 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 not be convertible,