Sec Form 4 Filing - Mid Atlantic Capital Associates Inc. @ W Technologies, Inc. - 2021-07-13

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Mid Atlantic Capital Associates Inc.
2. Issuer Name and Ticker or Trading Symbol
W Technologies, Inc. [ WTCG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Former 10% owner
(Last) (First) (Middle)
C/O W TECHNOLOGIES, INC., 9440 SANTA MONICA BLVD. SUITE 301
3. Date of Earliest Transaction (MM/DD/YY)
07/13/2021
(Street)
BEVERLY HILLS, CA90210
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 F Convertible Preferred Stock 07/13/2021 07/13/2021 J 1,000,000 D $ 0 7,678,732 D
Common Stock 07/13/2021 07/13/2021 J 7,678,732 A $ 161,841 7,678,732 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mid Atlantic Capital Associates Inc.
C/O W TECHNOLOGIES, INC.
9440 SANTA MONICA BLVD. SUITE 301
BEVERLY HILLS, CA90210
Former 10% owner
Signatures
s/ Charles Flynn, Chief Executive Officer of MACA 08/10/2021
Signature of Reporting Person Date
Explanation of Responses:

Remarks:
On July 13, 2021, pursuant to a Securities Exchange Agreement between W Technologies, Inc. (the "Company") and Mid Atlantic Capital Associates, Inc. ("MACA"), the Company issued 7,678,732 shares of Common Stock to MACA in exchange for the extinguishment of an amount owed to MACA pursuant to a promissory note of $161,841, and the transfer to the Company of 1,000,000 shares Series F Convertible Preferred Stock, par value $0.0001 per share of the Company (the "Series F Stock") held by MACA, which the Company redeemed and returned to authorized but unissued shares of Series F Stock so that there was no outstanding shares of Series F Stock, and such debt owed by the Company to MACA been satisfied and forgiven on same date. Prior to July 13, 2021, MACA owned 1,000,000 shares of Series F Stock. Each share of Series F Stock was convertible into 200 shares of common stock, par value $0.0001 per share of the Company at any time at the option of the holder, and had the equivalent of 200 million votes for matters submitted to the stockholders of the Company.

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