Private company
Crucial Innovations, Corp.
Crucial Innovations, Corp. is an American educational services company based in London, incorporated in Nevada.1
Last updated Oct 21, 2026.
Overview
- IndustryServices-Educational Services1
- HeadquartersLondon, United Kingdom1
- Incorporated inNV2
- Business address122 Leadenhall Street, 30Th Floor, London, X0 Ec3V 4Ab2
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
- Legal formCorporation
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Internet. However, we were not able to execute our original business plan, develop significant operations or achieve commercial sales.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Cash | $04 | $5005 | $06 | $06 | $06 |
| Current assets | $5004 | $05 | $06 | $10.8K6 | |
| Total assets | $14.5K4 | $12.0K5 | $06 | $10.8K6 | |
| Accounts payable | $6.2K6 | ||||
| Current liabilities | $28.5K4 | $47.9K5 | $4296 | $33.7K6 | |
| Total liabilities | $47.9K5 | $4295 | |||
| Retained earnings | -$114.1K6 | ||||
| Shareholders’ equity | -$14.0K5 | -$35.9K6 | -$4296 | -$23.0K6 | |
| Shares outstanding | 1.6M shares4 | 2.4M shares4 | 32.4M shares6 | 32.4M shares6 |
What it owns
What Crucial Innovations, Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, net | $05 Dec 31, 2020 | $12.0K5 Dec 31, 2019 | −100.0% |
Properties, in its own words
United Kingdom. In the United Kingdom, CINV leases virtual office space at 86-90 Paul Street, London on a month-to-month basis.
South Africa. In May 2023, we entered into an agreement to lease, at our option, a 17,000 square meter property in South Africa on 1.572 hectares of land where we intend to cultivate, harvest, and process medical cannabis products. Commencing June 30, 2023, we had the right to occupy the property for a monthly lease payment of Five Thousand Great Britain Pounds Sterling (GBP 5,000). We commenced occupancy of the property in September 2023 and vacated the property on June 12, 2025 (see Legal Proceedings in Item 3 below).
The rest of Item 2
Given the availability of agricultural sites and commercial vacancies in other regions in which we expect to operate, we do not expect to incur difficulty procuring additional farming, production, or office facilities.
Item 2 of the 10-K filed Aug 14, 2025.3
Leadership
Who has led Crucial Innovations, Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerJon-Paul Doran Jun 4, 2024 to now9
- PresidentTimothy Ambrose Aug 29, 2025 to now10
- PresidentDe Leon Castro Laura Nov 19, 2020 to Nov 19, 202011
- Chief financial officerDarlington Ganda Jun 4, 2024 to now12
Board members and other officers (4)
- Board memberTimothy Ambrose Aug 29, 2025 to now10
- Board memberJon-Paul Doran Jun 4, 2024 to now9
- Board memberUsman Mir Jun 4, 2024 to now13
- Board memberDe Leon Castro Laura Nov 19, 2020 to Nov 19, 202011
Timeline
- Nov 18, 20258-K Executive or director change; Other events14
- May 23, 20258-K Change of auditor15
- Jun 4, 2024New chief executive Jon-Paul Doran becomes CEO9
- May 10, 20248-K Change of auditor16
- Jul 20, 20228-K Completed an acquisition or sale; Unregistered sale of shares; Other events17
- Oct 25, 20218-K Executive or director change18
Filings
32 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 5 major events, 5 insider forms, 1 private raises, 6 other. The latest 20:
- Apr 1, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Nov 18, 20258-K EDGAR
- Nov 14, 202510-Q EDGAR
- Sep 16, 2025DEF 14C EDGAR
- Sep 4, 202510-Q EDGAR
- Aug 29, 202510-Q EDGAR
- Aug 29, 20253 EDGAR
- Aug 14, 202510-K EDGAR
- Jul 29, 202510-Q EDGAR
- May 23, 20258-K EDGAR
- May 21, 202510-Q EDGAR
- Feb 18, 202510-Q EDGAR
- Dec 10, 202410-K EDGAR
- Jun 4, 20243 EDGAR
- Jun 4, 20243 EDGAR
- Jun 4, 20243 EDGAR
- Jun 4, 20243 EDGAR
- May 10, 20248-K EDGAR
- May 10, 2024D EDGAR
- Apr 26, 202410-K EDGAR
The 32 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
SEC filer profile
How Crucial Innovations, Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCrucial Innovations, Corp.1
- CIK0001766016
- Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)8200 Services-Educational Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address122 Leadenhall Street, 30Th Floor, London, X0 EC3V 4AB1
- Phone44(0)207-043-15411
- Shares outstanding32,417,002 as of Sep 14, 20228
- Public float$3.9M as of Jun 30, 20216
- On EDGAR sinceFeb 13, 20191
- Filings61 in all: 10-Q (19), 8-K (9), 3 (8), 10-K (6), NT 10-Q (5), NT 10-K (3), S-1/A (2), SC 13D (2)1
All 14 form types
UPLOAD (2), CORRESP (1), D (1), DEF 14C (1), EFFECT (1), S-1 (1)
- Latest filingsAnnual report (10-K) Aug 14, 2025
Quarterly report (10-Q) Nov 14, 2025
Latest 8-K (8-K) Nov 18, 2025
Risk factors and legal proceedings
The risks Crucial Innovations, Corp. names in Item 1A of its 10-K filed Aug 14, 2025: 2 risks under these headings, as written.3
- Risks Related to Our Common Stock
- Risks Related to Our Business and Industry
Legal proceedings
On May 12, 2025 Vertical Up Manufacturing (Pty) Ltd (“Vertical Up”), the owner of certain real property that the Company has utilized for its cannabis cultivation business, filed a lawsuit, Case No. 2242/2025, against the Company and Ember Pharms (Pty) Ltd., its wholly-owned subsidiary, in the High Court of South Africa, Free State Division, Bloemfontein. The petition seeks damages for unpaid rent and utilities, damage to the property, and restitution of insurance proceeds totaling an aggregate of ZAR 6,068,434, plus ZAR 130,000 per month until the premises are vacated by the defendants. The Company has engaged Hill, McHardy & Herbst Inc. to defend its interests in the lawsuit. As of June 18, 2025, Vertical Up has proposed a settlement of the lawsuit which requires that the Company vacate the premises and make a series of installment payments to Vertical Up totaling ZAR 2,758,500 in the aggregate, which payments may be offset from Vertical Up’s sale of cannabis inventory on the premises. Pursuant to the terms of the Deed of Settlement, the first installment payment of ZAR 500,000 was made on June 27, 2025.
While we are not currently subject to any other legal proceedings, from time to time, the Company may become a party to certain proceedings incidental to the normal course of our business. While the outcome of any potential legal proceedings cannot at this time be predicted with certainty, we do not expect that any such proceedings will have a material effect upon our financial condition or results of operations.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3
- 4
- 5
- 6
- 7
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- 9
- 10SEC EDGARTimothy Ambrose, President
- 11SEC EDGARDe Leon Castro Laura, President
- 12
- 13SEC EDGARUsman Mir, Board member
- 14
- 15SEC EDGARChange of auditor
- 16SEC EDGARChange of auditor
- 17
- 18SEC EDGARExecutive or director change
- 19