UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.)*
|
JPX GLOBAL, INC. |
| (Name of Issuer) |
|
Common Stock |
| (Title of Class of Securities) |
|
46639B107 |
| (CUSIP Number) |
|
February 17, 2015 |
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
□ Rule 13d-1(b)
√ Rule 13d-1(c)
□ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for the reporting person’s initial filling on this form with respect to the class of securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| 46639B107 |
CUSIP No.
| 1 |
NAMES OF REPORTING PERSONS Mitchell Dean Hovendick | ||
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) □ (b) □ | ||
| 3 | SEC USE ONLY | ||
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION United States of America | ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 37,625,000 shares of common stock and 5,000,000 shares of Series B preferred stock (on an as-converted basis, 50,000,000 shares of common), and 500 shares of Series A preferred stock which carries 100,000 votes per share. | |
| 6 |
SHARED VOTING POWER
| ||
| 7 |
SOLE DISPOSITIVE POWER 37,625,000 shares of common stock and 5,000,000 shares of Series B preferred stock (on an as-converted basis, 50,000,000 shares of common), and 500 shares of Series A preferred stock which carries 100,000 votes per share. | ||
| 8 |
SHARED DISPOSITIVE POWER
| ||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 37,625,000 shares of common stock and 5,000,000 shares of Series B preferred stock (on an as-converted basis, 50,000,000 shares of common), and 500 shares of Series A preferred stock which carries 100,000 votes per share. | ||
| 10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) Excludes certain shares [ ] | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 34% | ||
| 12 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN | ||
| ITEM | 1. |
| (a) | NAME OF ISSUER: |
JPX Global, Inc..
| (b) | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES: |
9864 E. Grand River, Ste 110-301, Brighton, Michigan 48116
| ITEM | 2. |
| (a) | NAME OF PERSON FILING: |
This statement is being filed by Mitchell Dean Hovendick
| (b) | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: |
1314 North Boulevard, Houston, TX 77006
| (c) | CITIZENSHIP: |
Mr. Hovendick is a citizen of the United States of America.
| (d) | TITLE OF CLASS OF SECURITIES: |
Common
| (e) | CUSIP NUMBER: |
46639B107
| ITEM | 3. STATEMENT FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) |
| (a) | □ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
| (b) | □ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | □ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
| (d) | □ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
| (e) | □ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| (f) | □ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F) |
| (g) | □ A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G); |
| (h) | □ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| (i) | □ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
| (j) | □ Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
| ITEM | 4. OWNERSHIP |
| (a) | Amount Beneficially Owned: 87,625,000 shares of common stock |
| (b) | Percent of Class: 34% |
| (c) | Number of shares as to which such person has: |
| (i) | sole power to vote or direct the vote: 137,625,000 votes |
| (ii) | shared power to vote or direct the vote: |
| (iii) | sole power to dispose or to direct the disposition of: 37,625,000 shares of common stock and 5,000,000 shares of Series B preferred stock (on an as-converted basis, 50,000,000 shares of common), and 500 shares of Series A preferred stock which carries 100,000 votes per share. |
| (iv) | shared power to dispose or to direct the disposition of: |
| ITEM | 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ]
| ITEM | 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: |
N/A
| ITEM | 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON: |
N/A
| ITEM | 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: |
N/A
| ITEM | 9. NOTICE OF DISSOLUTION OF GROUP: |
N/A
| ITEM | 10. CERTIFICATIONS: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Date: February 20, 2015 | By: /s/ Mitchell Dean Hovendick | |
| Name: Mitchell Dean Hovendick, individually |