Nexteligent : December 31, 2021 Annual Report

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines

Nexteligent Holdings, Inc.

45 Rockefeller Plaza, 20th Fl, New York, NY 10111

_

860.833.6533

www.nexteligent.com

[e-mail]

65290B107

Annual Report

For the Period Ending: December 31, 2021

(the "Reporting Period")

As of December 31, 2021, the number of shares outstanding of our Common Stock was: 69,721,562

As of September 30, 2021, the number of shares outstanding of our Common Stock was: 69,721,562

As of December 31, 2020, the number of shares outstanding of our Common Stock was: 36,985,534

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes: ☐

No: ☒

Indicate by check mark whether the company's shell status has changed since the previous reporting period:Yes: ☐

No: ☒

Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:Yes: ☐

No: ☒

1 "Change in Control" shall mean any events resulting in:

(i) Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;

• (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;

• (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or

(iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

1)

Name and address(es) of the issuer and its predecessors (if any)

In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.

CURRENT NAME: Nexteligent Holdings, Inc.; February 24, 2020 PREDECESSOR: Efftec International, Inc.; July 19, 2007

The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

Nexteligent Holdings, Inc.; Incorporated in the state of Nevada; ACTIVE

Efftec International, Inc.; Incorporated in the state of Nevada; INACTIVE

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:

None

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

Professional Revenue Management Services (PRMS); Completed acquisition November 11, 2020.

The address(es) of the issuer's principal executive office:

45 Rockefeller Plaza, 20th Floor, New York, NY 10111

The address(es) of the issuer's principal place of business:

Check box if principal executive office and principal place of business are the same address: ☒

Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?

Yes: ☐

No: ☒

If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:

2)

Security Information

Trading symbol:	NXGT
Exact title and class of securities outstanding:	Common Stock
CUSIP:	65290B107
Par or stated value:	$.001
Total shares authorized:	100,000,000 as of date: December 31, 2021
Total shares outstanding:	69,721,562 as of date: December 31, 2021
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3 February 2021)

Number of shares in the Public Float2: Total number of shareholders of record:

35,880,656 as of date: December 31, 2021 1,568 as of date: December 31, 2021

All additional class(es) of publicly traded securities (if any):

Trading symbol:

Exact title and class of securities outstanding: CUSIP:

Par or stated value:

Total shares authorized: Total shares outstanding:as of date: as of date:

Transfer Agent

Name:	Olde Monmouth Stock Transfer Company, Inc.
Phone:	732-872-2727
Email:	[e-mail]
Address:	200 Memorial Parkway, Atlantic Highlands, NJ 07716

Is the Transfer Agent registered under the Exchange Act?3 Yes: ☒

No: ☐

3)

Issuance History

The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.

Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.

A. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐

2 "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

3 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

Shares Outstanding as of Second Most Recent Fiscal Year End: Opening Balance Date 6/30/2020 Common: 32,507,329 Preferred: 1,000	*Right-click the rows below and select "Insert" to add rows as needed.
Date of Transaction	Transaction type (e.g. new issuance, cancellation, shares returned to treasury)	Number of Shares Issued (or cancelled)	Class of Securities	Value of shares issued ($/per share) at Issuance	Were the shares issued at a discount to market price at the time of issuance? (Yes/No)	Individual/ Entity Shares were issued to (entities must have individual with voting / investment control disclosed).	Reason for share issuance (e.g. for cash or debt conversion) -OR-Nature of Services Provided	Restricted or Unrestricted as of this filing.	Exemp-tion or Registra -tion Type.
11/21/2018	New Issuance	7,000,000	Common	NA	Yes	Paul Cristiano	Acquisition	Restricted	NA
12/7/2018	New Issuance	699,894	Common	$0.015	Yes	Clearview Consulting, LLC, Lisa Mannion	Debt Conversion	Restricted	NA
12/13/2018	New Issuance	821,267	Common	$0.015	Yes	Leonard Lovallo	Debt Conversion	Unrestricted	4(a)(1)
12/18/2018	New Issuance	597,627	Common	$0.015	Yes	EROP Capital, LLC, Vince Sbarra	Debt Conversion	Unrestricted	4(a)(1)
1/4/2019	New Issuance	935,000	Common	$0.015	Yes	Saeb Jannoun Revocable Trust	Debt Conversion	Unrestricted	4(a)(1)
1/4/2019	New Issuance	96,800	Common	$0.10	No	Saeb Jannoun Revocable Trust	Debt Conversion	Unrestricted	4(a)(1)
1/10/2019	New Issuance	229,227	Common	$0.10	No	Richard Zanotti	Debt Conversion	Restricted	NA
1/10/2019	New Issuance	64,617	Common	$0.10	No	John Gagas	Debt Conversion	Restricted	NA
1/10/2019	New Issuance	88,706	Common	$0.10	No	Richard Zanotti	Debt Conversion	Restricted	NA
1/10/2019	New Issuance	122,923	Common	$0.10	No	Christopher Zanotti	Debt Conversion	Restricted	NA
1/10/2019	New Issuance	206,181	Common	$0.10	No	Stephen J. Heinle	Debt Conversion	Restricted	NA
1/10/2019	New Issuance	372,493	Common	$0.10	No	Vantage Tool & MFG, Stephen J. Heinle	Debt Conversion	Restricted	NA
1/17/2019	New Issuance	150,000	Common	NA	Yes	Axiom Financial, Inc., Darren Bankston	Consulting Services	Restricted	NA

2/5/2019	New Issuance	187,667	Common	$0.035	Yes	Axiom Financial, Inc., Darren Bankston	Debt Conversion	Unrestricted	4(a)(1)
3/13/2019	New Issuance	319,936	Common	$0.025	Yes	EROP Capital, LLC, Vince Sbarra	Debt Conversion	Unrestricted	4(a)(1)
3/25/2019	New Issuance	250,000	Common	NA	No	Stockvest Art Brent	Consulting Services	Restricted	NA
4/16/2019	New Issuance	3,200,000	Common	$0.10	Yes	32Group Majid Pishyar	Cash	Restricted	NA
5/3/2019	New Issuance	660,649	Common	$0.03	Yes	Lisa Mannion	Debt Conversion	Restricted	NA
6/20/2019	New Issuance	150,000	Common	$0.245	No	Mark E Pena	Consulting Services	Restricted	NA
6/27/2019	Cancellation	7,000,000	common	NA	Yes	Paul Cristiano	Acquisition	Restricted	NA
6/27/2019	New Issuance	280,000	Common	$0.17	No	Steve Heinle	Acquisition	Restricted	NA
6/27/2019	New Issuance	140,000	Common	$0.17	No	Richard Zanotti	Acquisition	Restricted	NA
6/27/2019	New Issuance	70,000	Common	$0.17	No	John Gagas	Acquisition	Restricted	NA
6/27/2019	New Issuance	14,000	Common	$0.17	No	Chris Zanotti	Acquisition	Restricted	NA
6/27/2019	New Issuance	700,000	Common	$0.17	No	Alan R. Townsend	Acquisition	Restricted	NA
6/27/2019	New Issuance	1,932,000	Common	$0.17	No	Lou Daniels	Acquisition	Restricted	NA
6/27/2019	New Issuance	1,932,000	Common	$0.17	No	Lou Sanzaro	Acquisition	Restricted	NA
6/27/2019	New Issuance	1,932,000	Common	$0.17	No	Paul Cristiano	Acquisition	Restricted	NA
6/28/2019	New Issuance	880,000	Common	$0.1125	No	Dr Jay Sanders,MD	Debt Conversion	Restricted	NA
6/30/2019	New Issuance	233,419	Common	$0.10	Yes	Stephen Heinle	Debt Conversion	Restricted	NA
6/30/2019	New Issuance	735,515	Common	$0.2655	Yes	Vantage Tool and Manufacturing Stephen Heinle	Debt Conversion	Restricted	NA
8/5/2019	New Issuance	1,500,000	Common	$0.07	No	Hills Country Hillside, Ltd Bryan L. Kastleman	Acquisition	Restricted	NA
8/5/2019	New Issuance	1,500,000	Common	$0.07	No	Denials Recovery Group, Inc. Stuart Miller	Acquisition	Restricted	NA