secwatch.observer — SEC 8-K summary
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Issuer:     Crisp Momentum Inc. (CRSF)
CIK:        0000924396
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001493152-23-026839
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenLocker raises $80K in insider notes at 10% interest, due in 1 year
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- Borrowed $40,000 each from American Capital Ventures (President Gostfrand) and Leone Group (Chair Anthony) on Aug 1, 2023.
- Notes carry 10% simple annual interest; principal and interest due at one-year maturity.
- Both lenders are company insiders – Gostfrand is CEO/PFO/Director; Anthony is President/Secretary/Chair.
- Related-party transaction; proceeds provide working capital for the micro-cap issuer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924396/000149315223026839/0001493152-23-026839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924396/000149315223026839/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-026839

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer