SEC Info - Johnson John Michael - ‘4’ for 11/12/21 re: NEXT-ChemX Corp..

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JOHNSON JOHN MICHAEL

(Last)

(First)

(Middle)

1111 W 12TH STREET, #113

(Street)

AUSTIN,

78703

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NEXT-ChemX Corporation. [ CHMX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
11/12/21

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	4/27/21		J		1,311,445	A	$0	1,311,445	I	See footnote ⁽¹⁾
COMMON STOCK see note ⁽²⁾	6/17/22		M		41,256	A	$1	41,256	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
CONVERTIBLE PROMISSORY NOTE see note ⁽³⁾	$1	11/12/21		C		15,000		11/12/21	11/11/22	SHARES OF COMMON STOCK	15,000	$1	15,000	D
CONVERTIBLE PROMISSORY NOTE see note ⁽⁴⁾	$1	5/9/22		A		41,000		5/9/22	5/8/23	SHARES OF COMMON STOCK	41,000	$1	41,000	D
CONVERTIBLE PROMISSORY NOTE see note ⁽⁵⁾	$1	6/17/22		C			41,256	5/9/22	5/8/23	SHARES OF COMMON STOCK	41,256	$1	0	D

Explanation of Responses:

(1) The indirect beneficial ownership (founder shares) reflects an ownership interest of 5.5% of the share capital of a Texas corporation that is the controlling shareholder of NEXT-ChemX Corporation ("CHMX"), Nevada, the reporting issuer. The Texas 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 Texas registered controlling shareholder.

(2) Issued to the reporting person upon the conversion of a $41,000 convertible promissory note granted to the Reporting Person by the Issuer for a portion of unpaid salary. Both the principal amount of $41,000 and accumulated interest of $256 was converted into shares of Common Stock at a conversion price of $1.00 resulting in the issuance of 41,256 shares of common stock

(3) During a restructuring of certain debt owed to the reporting person, the reporting person was granted a $15,000 convertible promissory note on November 12, 2021 (due November 11, 2022). This Convertible Promissory Note pays 8% interest at the one-year term or on the earlier repayment. Both the principal and interest are convertible into shares of common stock of the reporting issuer at the election of the reporting person either (i) at term or at the earlier conversion of debt and interest into shares of common stock.

(4) The issuance of this convertible promissory note was previously unreported; it was issued on April 9th, 2022, in forgiveness of certain unpaid salary.

(5) The reporting person chose to convert principal of this convertible promissory together with the interest due on the date of the exercise of the conversion resulting in the cancellation of the note against issuance of 41,256 shares of common stock.

	/s/ John Michael Johnson	7/22/22
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
A	Grant, award or other acquisition pursuant to Rule 16b-3(d).
C	Conversion of derivative security.
J	Other acquisition or disposition.
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.

Johnson John Michael – ‘4’ for 11/12/21 re: NEXT-ChemX Corp..

On: Friday, 7/22/22, at 1:59pm ET · For: 11/12/21 · As: Director and Officer · Accession #: 1493152-22-20120 · File #: 0-56379

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Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

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Johnson John Michael – ‘4’ for 11/12/21 re: NEXT-ChemX Corp..

On: Friday, 7/22/22, at 1:59pm ET · For: 11/12/21 · As: Director and Officer · Accession #: 1493152-22-20120 · File #: 0-56379

Previous ‘4’: None · Next & Latest: ‘4’ on 11/21/22 for 11/12/21

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

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