CoJax Oil & Gas (CJAX) Form 3 CoJax Oil & Gas / Peter Biglane ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Biglane Peter

(Last) (First) (Middle)

1310 HOMEWOOD DR.

(Street)

LAUREL MS 39440

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/14/2022

3. Issuer Name and Ticker or Trading Symbol
CoJax Oil & Gas Corp [ CJAX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,350,000(1)	I	By Rosswood Capital LLC(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Biglane Peter

(Last) (First) (Middle)

1310 HOMEWOOD DR.

(Street)

LAUREL MS 39440

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Rosswood Capital, LLC

(Last) (First) (Middle)

1310 HOMEWOOD DRIVE

(Street)

LAUREL MS 39440

(City) (State) (Zip)

Explanation of Responses:

1. This Form 3 is filed jointly by Rosswood Capital LLC ("Rosswood") and Peter Biglane ("Mr. Biglane" and together with RC Ventures, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

2. These shares were issued to Central Operating, LLC upon debt conversion of $2,700,000, the total outstanding amount due by the registrant to Central Operating, LLC pursuant to the Debt Exchange Agreement, dated November 16, 2021, and subsequently transferred by a gift transfer to Rosswood Capital LLC. Securities of the Issuer owned directly by Rosswood. Mr. Biglane, as the Manager of each of Central Operating LLC and Rosswood, may be deemed to beneficially own the securities of the Issuer which are owned directly by Rosswood.

	/s/ Peter Biglane	11/15/2022
	/s/ Peter Biglane, Manager	11/15/2022
	** 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 5 (b)(v).
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