CHMX · NEXT-ChemX Corporation.
Substantial doubt about the company's ability to continue as a going concern.
“The possible inability to raise the financing necessary and the general business uncertainties and particular conditions and situation described above raise substantial doubt about our ability to continue as a going concern.”View the 10-Q filed Aug 19, 2025
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-06-30 | NEXT-ChemX Corporation. |
Insider |
Other↓
Filing footnotes — PREFERRED STOCK SERIES F (Direct)
A Subscription Agreement was issued to the Board of Directors for the purchase 10,000 Series F Preferred Stock for $10.00. Each share of the Series F Preferred Stock is entitled to One Thousand (1,000) 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. The Subscription Agreement was never signed or executed and was terminated on June 30, 2025. |
PREFERRED STOCK SERIES F
|
10,000 |
| 2025-06-30 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↓
Filing footnotes — PREFERRED STOCK SERIES A (Direct)
A Subscription Agreement was issued to purchase 10,000 Series A Preferred Stock for $10,00. 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). The Subscription Agreement was never signed or executed and was terminated on June 30, 2025. |
PREFERRED STOCK SERIES A
|
10,000 |
| 2025-06-30 | NEXT-ChemX Corporation. |
Insider |
Other↓
Filing footnotes — PREFERRED STOCK SERIES A (Direct)
A Subscription Agreement was issued to purchase 10,000 Series A Preferred Stock for $10,00. Each share of the Series A Preferred Stock is 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). The Subscription Agreement was never signed or executed and was terminated on June 30, 2025. |
PREFERRED STOCK SERIES A
|
10,000 |
| 2025-06-30 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↓
Filing footnotes — PREFERRED STOCK SERIES F (Direct)
A Subscription Agreement was issued to purchase 10,000 Series F Preferred Stock for $10,00. 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 F Preferred Share (par value $0.001) shall not be convertible, The Subscription Agreement was never signed or executed and was terminated on June 30, 2025. |
PREFERRED STOCK SERIES F
|
10,000 |
| 2024-09-23 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Award↑
Filing footnotes — PREFERRED STOCK SERIES F (Direct)
A Subscription Agreement was issued to purchase 10,000 Series F Preferred Stock for $10,00. 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 F Preferred Share (par value $0.001) shall not be convertible, |
PREFERRED STOCK SERIES F
|
10,000 |
| 2024-09-23 | NEXT-ChemX Corporation. |
Insider |
Award↑
Filing footnotes — PREFERRED STOCK SERIES F (Direct)
A Subscription Agreement was issued to the Board of Directors to purchase 10,000 Series F Preferred Stock for $10.00. Each share of the Series F Preferred Stock is entitled to One Thousand (1,000) 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, |
PREFERRED STOCK SERIES F
|
10,000 |
| 2024-05-29 | NEXT-ChemX Corporation. |
Insider |
Award↑
Filing footnotes — PREFERRED STOCK SERIES A (Direct)
A Subscription Agreement was issued to the Board of Directors to purchase 10,000 Series A Preferred Stock for $10,00. Each share of the Series A Preferred Stock is 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). |
PREFERRED STOCK SERIES A
|
10,000 |
| 2024-05-29 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Award↑
Filing footnotes — PREFERRED STOCK SERIES A (Direct)
A Subscription Agreement was issued to purchase 10,000 Series A Preferred Stock for $10,00. 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). |
PREFERRED STOCK SERIES A
|
10,000 |
| 2024-05-29 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Award↑
Filing footnotes — PREFERRED STOCK SERIES A (Direct)
Each share of the Series A Preferred Stock is 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). |
PREFERRED STOCK SERIES A
|
10,000 |
| 2022-11-12 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
16,217 |
| 2022-11-12 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↓
Filing footnotes — CONVERTIBLE PROMISSORY NOTE See note (Direct)
The convertible promissory note exercised had a face value of $15,000 resulting from a loan of the same amount exercisable one year and a day from the date of issuance. The note paid interest at 8%. The interest amount, at the option of the note beneficiary at the time of conversion, was also convertible into shares. The dual conversion of principal and interest at $1 per share resulted in the issuance of 15,000 shares to cover principal and the additional 1,217 shares to cover interest. |
CONVERTIBLE PROMISSORY NOTE See note
|
15,000 |
| 2022-11-12 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
16,217 |
| 2022-11-12 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
16,217 |
| 2022-11-12 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
16,217 |
| 2022-07-01 | Majendie Dominic John George Gordon |
VP Business Development |
Gift↓
Filing footnotes — Common Stock (Direct)
1 18,036 shares were gifted to family members for no consideration. |
Common Stock
|
18,036 |
| 2022-06-17 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
Filing footnotes — COMMON STOCK see note (Direct)
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 |
COMMON STOCK see note
|
41,256 |
| 2022-06-17 | Majendie Dominic John George Gordon |
VP Business Development |
Convert↑
|
Shares of Common Stock
|
18,196 |
| 2022-06-17 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
41,256 |
| 2022-06-17 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
41,256 |
| 2022-06-17 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
41,256 |
| 2022-06-17 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Convert↑
|
COMMON STOCK
|
41,256 |
| 2022-06-17 | Majendie Dominic John George Gordon |
VP Business Development |
Convert↓
Filing footnotes — Convertible Promissory Note (Direct)
Both the principal amount of $18,000 and accumulated interest of $196 was converted into shares of Common Stock at a conversion price of $1.00 |
Convertible Promissory Note
|
0 |
| 2022-06-17 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↓
Filing footnotes — CONVERTIBLE PROMISSORY NOTE see note (Direct)
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. |
CONVERTIBLE PROMISSORY NOTE see note
|
41,256 |
| 2022-05-09 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Award↑
Filing footnotes — CONVERTIBLE PROMISSORY NOTE see note (Direct)
The issuance of this convertible promissory note was previously unreported; it was issued on April 9th, 2022, in forgiveness of certain unpaid salary. |
CONVERTIBLE PROMISSORY NOTE see note
|
41,000 |
| 2021-11-12 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↑
Filing footnotes — CONVERTIBLE PROMISSORY NOTE see note (Direct)
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. |
CONVERTIBLE PROMISSORY NOTE see note
|
15,000 |
| 2021-04-27 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↑
Filing footnotes — COMMON STOCK (Indirect)
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. |
COMMON STOCK
(I)
|
1,311,445 |
| 2021-04-27 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↑
Filing footnotes — COMMON STOCK (Indirect)
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. |
COMMON STOCK
(I)
|
1,311,445 |
| 2021-04-27 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↑
Filing footnotes — COMMON STOCK (Indirect)
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. |
COMMON STOCK
(I)
|
1,311,445 |
| 2021-04-27 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↑
Filing footnotes — COMMON STOCK (Indirect)
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. |
COMMON STOCK
(I)
|
1,311,445 |
| 2021-04-27 | JOHNSON JOHN MICHAEL |
Director, PRESIDENT, CFO |
Other↑
Filing footnotes — COMMON STOCK (Indirect)
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. |
COMMON STOCK
(I)
|
1,311,445 |