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 *

Maimon Arik
2. Issuer Name and Ticker or Trading Symbol

NEXT GROUP HOLDINGS, INC. [ NXGH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

1111 BRICKELL AVENUE, SUITE 2200
3. Date of Earliest Transaction (MM/DD/YYYY)

6/16/2016
(Street)

MIAMI, FL 33131
(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
Common Stock   (1) 6/16/2016     J    3000000   D $0.0025   83704809   D    
Common Stock   (2) 7/18/2016     J    1000000   D $0.0025   82704809   D    
Common Stock   (3) 4/10/2017     S    10000000   D $0.0200   72704809   D    
Common Stock   (4) 4/17/2017     J    2000000   D $0.1008   70704809   D    
Common Stock   (5) 4/17/2017     J    2000000   D $0.1008   68704809   D    
Common Stock   (6) 4/17/2017     J    3900000   D $0.1008   64804809   D    
Common Stock   (7) 4/18/2017     J    13000000   D $0.1000   51804809   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)  Transfer to Jeffrey Wattenberg for consulting services pursuant to 2015 Consulting Agreement - NXGH Common Stock
(2)  Transfer to Raimundo Levi (i.e., 3L Family Ltd) for consulting services pursuant to 2015 Consulting Agreement - NXGH Common Stock
(3)  Sale to Yuma Properties, LP (Yuma paid in installments starting 9/21/16: was in default and was cured with final install payment on 4/10/17) - NXGH Common Stock
(4)  Capital Contribution to Asiya Comunicaciones SA DE CV in the form of Asiya's Debt Settlement with Tellza, Inc/ (Transfer to GCT Investments LLC) - NXGH Common Stock
(5)  Capital Contribution to Next Communications, Inc. in Its Debt Settlement with Tellza, Inc. (Transfer to GCT Investments LLC) - NXGH Common Stock
(6)  Capital Contribution to Next Communications, Inc. in Its Debt Settlement with MSG (Transfer to Varsatel Corp. and Comtel) - NXGH Common Stock
(7)  Indirect Capital Contribution in order to acquire Tel3 from Tellza, Inc. (signed in escrow: acting Agent on behalf of Next Group Holdings, Inc.), which was then sold to NXGH for $10 - NXGH Common Stock

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Maimon Arik
1111 BRICKELL AVENUE
SUITE 2200
MIAMI, FL 33131
X X CEO

Signatures
/s/ Arik Maimon 9/3/2017
** 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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