Filing Details

Accession Number:
0001209191-18-005428
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-25 17:16:00
Reporting Period:
2018-01-02
Accepted Time:
2018-01-25 17:16:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1424657 Next Group Holdings Inc. NXGH Wholesale-Groceries & Related Products (5140) 463243320
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1729188 Harrison Vargas 10007 Vestal Place
Coral Springs FL 33071
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-01-02 352,000 $0.06 26,889,747 No 4 P Direct
Common Stock Acquisiton 2018-01-04 153,506 $0.05 27,043,253 No 4 P Direct
Common Stock Acquisiton 2018-01-05 215,000 $0.05 27,258,253 No 4 P Direct
Common Stock Disposition 2018-01-08 60,000 $0.04 27,198,253 No 4 S Direct
Common Stock Acquisiton 2018-01-08 195,000 $0.04 27,393,253 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 S Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,900,000 Indirect *
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were purchased on the open market at prices ranging from $0.053 to $0.0583 per share. The reporting person undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (1).
  2. The price reported in Column 4 is a weighted average price. The shares were sold on the open market at prices ranging from $0.038 to $0.039 per share. The reporting person undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (2).
  3. Mr. Vargas owns 3,900,000 shares of the common stock of Next Group Holdings, Inc. indirectly through Varsatel Corporation and Comtel Direct, LLC. Mr. Vargas is the sole stockholder, sole director, and chief executive officer of Varsatel Corporation. Mr. Vargas is the sole member of CHT Holdings, LLC, which is the managing member of Comtel Direct, LLC.