Howard Gostfrand - Dec 14, 2021 Form 4 Insider Report for Descrypto Holdings, Inc. (OLKR)

Role: Chief Executive Officer, Director
Signature: /s/ Howard Gostfrand
Stock symbol: OLKR
Transactions as of: Dec 14, 2021
Transactions value $: $27,010
Form type: 4
Date filed: 10/5/2022, 05:15 PM
Previous filing: Nov 23, 2021
Next filing: Jan 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OLKR	Common Stock, par value $0.0001	Purchase	$25K	+62.5K		$0.40	62.5K	Dec 14, 2021	By American Capital Ventures	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OLKR	Series A Preferred Stock	Other		-71K	-80%		17.8K	Feb 18, 2022	Common Stock, par value $0.0001	71M	$0.00	By American Capital Ventures	F1, F2, F3
transaction	OLKR	Series A Preferred Stock	Award	$2.01K	+3K	+16.89%	$0.67	20.8K	Oct 5, 2022	Common Stock, par value $0.0001	3M	$0.00	By American Capital Ventures	F1, F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Howard Gostfrand is the sole owner of, and controls, American Capital Ventures, Inc. ("ACV").
F2	Each share of Series A preferred stock is convertible into 1,000 shares of the issuer's common stock at any time at the election of the holder.
F3	On February 18, 2022, the issuer entered into and closed a Redemption Agreement by and between the issuer and ACV. Pursuant to the terms of the Redemption Agreement, the issuer purchased 80% of ACV's holdings of Series A preferred stock for an aggregate purchase price of $1.00.
F4	On October 5, 2022, the issuer entered into a Subscription Agreement by and between the issuer and ACV pursuant to which ACV purchased 3,000 shares of Series A preferred stock for an aggregate purchase price of $2,000.