Exchanges 177.6M common shares for 177.6K Series A Preferred in related-party transactions

Crisp Momentum Inc.

On Jan 13, 2022, issued 88,800 Series A Preferred to ACV (owned by CEO) in exchange for 88,800,191 common shares.
Also issued 88,800 Series A Preferred to Leone (owned by President) for 88,800,191 common shares.
New Series A Preferred is convertible into 1,000 common shares per share, carries super-voting rights.
Certificate of Designations authorizes 200,000 Series A shares; transactions are related-party and exempt from registration.
Net effect reduces outstanding common shares by 177.6M, but preferred conversion rights nearly offset dilution.

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