Adamas One (JEWL) Form 3 Adamas One / John Grdina 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^*

Grdina John

(Last) (First) (Middle)

C/O ADAMAS ONE CORP.

17767 NORTH PERIMETER DRIVE, SUITE B 115

(Street)

SCOTTSDALE AZ 85255

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/14/2022

3. Issuer Name and Ticker or Trading Symbol
Adamas One Corp. [ JEWL ]

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

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

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

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 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	10,000	D
Common Stock	2,970,000	I	By PubCo, LLC(1)
Common Stock	992,222	I	By Diamond Technologies, LLC(2)
Common Stock	927,236	I	By PrivateCo, LLC(3)
Common Stock	600,000	I	By daughter
Common Stock	600,000	I	By son
Common Stock	600,000	I	By son

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

Explanation of Responses:

1. The shares are held by PubCo, LLC, of which the reporting person beneficially owns 100% of the membership interests.

2. The shares are held by Diamond Technologies, LLC, of which the reporting person beneficially owns 100% of the membership interests.

3. The shares are held by PrivateCo, LLC, of which the reporting person beneficially owns 100% of the membership interests.

Remarks:

Exhibit List Exhibit 24 - Limited Power of Attorney

	/s/ John G. Grdina	11/14/2022
	** 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).
** 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.
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