---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-21-001734"
form_type: "8-K"
ticker: "CRSF"
cik: "0000924396"
company_name: "Crisp Momentum Inc."
filed_at: "2021-11-23T23:59:59+00:00"
generated_at: "2026-06-28T05:58:48.868482+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Change in control: new owners acquire ~64% via redemption and purchases; board replaced

## Summary
- Company redeemed 163,432,468 shares from existing holders for $163 total ($0.000001/share), cancelling ~70% of their holdings.
- Subsequent private placements sold 180,753,736 shares to Leone, ACV, and MACA at $0.0001/share, raising ~$18,076.
- Leone Group and American Capital Ventures each now own 32.09%; Balance Labs drops from 46.1% to 12.96%.
- Board expanded from 2 to 4; Laura Anthony (Leone) appointed Chairman, Howard Gostfrand (ACV) named CEO/PFO; Rubin and Wexler resigned.
- Company agrees to transfer trademark 'Kryptobank' and URLs to designee of selling stockholders.

## SEC filing metadata
- accession: 0001185185-21-001734
- form_type: 8-K
- ticker: CRSF
- cik: 0000924396
- company_name: Crisp Momentum Inc.
- filed_at: 2021-11-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/wtechnol20211122_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-21-001734
- JSON: https://secwatch.observer/filing/0001185185-21-001734.json
- Plain text: https://secwatch.observer/filing/0001185185-21-001734.txt

## Key facts
- Executive change
  Laura Anthony was appointed as President at Crisp Momentum Inc..
  - Action: appointed
  - Role: President
  source text: Ms. Anthony to serve as President and Secretary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Laura Anthony was appointed as Director at Crisp Momentum Inc..
  - Action: appointed
  - Role: Director
  source text: the Board increased the size of the Board from two members to four members and named Ms. Anthony and Mr. Gostfrand as directors of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Rubin resigned as Director at Crisp Momentum Inc..
  - Action: resigned
  - Role: Director
  source text: Immediately thereafter, Messrs. Rubin and Wexler resigned as members of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Laura Anthony was appointed as Secretary at Crisp Momentum Inc..
  - Action: appointed
  - Role: Secretary
  source text: Ms. Anthony to serve as President and Secretary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Rubin resigned as other_named_officer at Crisp Momentum Inc..
  - Action: resigned
  source text: Mr. Rubin resigned from all officer positions with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Howard Gostfrand was appointed as Director at Crisp Momentum Inc..
  - Action: appointed
  - Role: Director
  source text: the Board increased the size of the Board from two members to four members and named Ms. Anthony and Mr. Gostfrand as directors of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Howard Gostfrand was appointed as Chief Executive Officer at Crisp Momentum Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board also appointed (i) Mr. Gostfrand to serve as Chief Executive Officer and Principal Financial Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Howard Gostfrand was appointed as Principal Financial Officer at Crisp Momentum Inc..
  - Action: appointed
  - Role: Principal Financial Officer
  source text: the Board also appointed (i) Mr. Gostfrand to serve as Chief Executive Officer and Principal Financial Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Wexler resigned as Director at Crisp Momentum Inc..
  - Action: resigned
  - Role: Director
  source text: Immediately thereafter, Messrs. Rubin and Wexler resigned as members of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
- Executive change
  Laura Anthony was appointed as Chairman of the Board at Crisp Momentum Inc..
  - Action: appointed
  - Role: Chairman of the Board
  source text: Ms. Anthony was also appointed Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
