FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hovendick Mitch
2. Issuer Name and Ticker or Trading Symbol

JPX Global Inc. [ JPEX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1314 NORTH BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)

6/20/2017
(Street)

HOUSTON, TX 77006
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Series A Preferred   (1) 6/20/2017     A    500   A $0.00   1000   D    
Series B Preferred   (2) 6/20/2017     A    5000000   A $0.0025   10000000   D    
Common Stock   (3) 6/20/2017     A    37625000   A $0.0025   75250000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  Represents 100% ownership of all the Series A preferred stock in connection with a Settlement Agreement dated June 20, 2017, wherein Mr. Hovendick was awarded ownership of the Series A preferred stock in lieu of payment of a debt. Each share of Series A preferred stock carries 100,000 votes and holders of our preferred stock are able to vote together with our common stockholders on all matters upon which common stockholders may vote.
(2)  Represents 100% ownership of all the Series B preferred stock in connection with a Settlement Agreement dated June 20, 2017, wherein Mr. Hovendick was awarded ownership of the Series B preferred stock in lieu of payment of a debt. Each share of Series B preferred stock of the Company is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters upon which common stockholders may vote.
(3)  Represents common stock issued to Mr. Hovendick in connection with a Settlement Agreement dated June 20, 2017, wherein Mr. Hovendick was awarded common stock in lieu of payment of a debt.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hovendick Mitch
1314 NORTH BOULEVARD
HOUSTON, TX 77006

X


Signatures
/s/ Mitchell Hovendick 6/23/2017
** 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 control number.
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