Commercial Credit Report for Next-Chemx Corp

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	Next-Chemx Corp
10250 Constellation Blvd Ste 100
Phone: (778) 888-2886p:778 888-2886	LOS ANGELES, CA 90067-6272 United States	Ticker: CHMXCHMX

On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.

Business Summary

NEXT-ChemX Corporation is engaged in the commercialization of the certain Ion-Targeting Continuous-Flow Direct Extraction Technology (iTDE Technology). The iTDE Technology is the principal asset of the business. It enables the creation of a versatile ion extraction system based on a unique chemistry that operates by passing liquids containing ions through a circuit of very-high surface-area hollow fiber membranes (iTDE System). Its membrane extraction technology mimics nature’s biophysical processes, enabling the technology to extract ions from a liquid solution at ambient temperatures and pressures even where ions exist in low concentrations. The primary focus of the Company is the extraction of lithium from naturally occurring brines and geothermal sources. The Company has developed a system for extracting naturally occurring ions in lithium brines solutions, such as magnesium and calcium. It also focuses on concentrating on the extraction of lithium from mine leach solutions.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
6/30/2024	12/31/2023	Yes	Yes	-	-	-

Industries

SIC Code	Description
2899	Chemicals and chemical preparations, not elsewhere classified

Officers and Directors

Title	Name	Age	Title Date	Start Date
President, Chief Financial Officer, Secretary, Director	John M.Johnson	57	4/1/2021	4/1/2021
President, Treasurer & Director	GulmiraMakhmutova
Chief Executive Officer, Director	Benton H.Wilcoxon	73	4/1/2021	4/1/2021
Secretary	DmitriyYaroshenko
Vice President - Business Development, Corporate Secretary	Dominic J.Majendie	59	6/9/2022	10/1/2021

Business Names

Business Name
CHMX
MKKH
WWIN

General Information

Number of Employees:	6	(As of 12/31/2023)
Outstanding Shares:	28,546,834	(As of 8/16/2024)
Shareholders:	47
Stock Exchange:	OTC
Federal Tax Id:	320446353

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