8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   ----------

                                    FORM 8-K

                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                                October 17, 2005

                                   ----------

                           CreditRiskMonitor.com, Inc.
             (Exact name of registrant as specified in its charter)

            Nevada                         1-8601                 36-2972588
(State or other jurisdiction of   (Commission File Number)      (IRS Employer
        incorporation)                                       Identification No.)

                             704 Executive Boulevard
                            Valley Cottage, NY 10989
          (Address of principal executive offices, including zip code)

                                 (845) 230-3000
              (Registrant's telephone number, including area code)

- --------------------------------------------------------------------------------

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))



Item 5.02. Departure of Directors or Principal Officers;  Election of Directors;
           Appointment of Principal Officers.

On October 15,  2005,  the Board of  Directors  of  CreditRiskMonitor.com,  Inc.
("CRM")  elected Mr.  William B. Danner to serve as Chief  Operating  Officer of
CRM, effective immediately.  A copy of the press release announcing Mr. Danner's
promotion to this office is annexed hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

      Exhibit No.       Description
      -----------       -----------

      99.1              Press Release issued on October 17, 2005



                                    SIGNATURE

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        CREDITRISKMONITOR.COM, INC.


Date: October 18, 2005                  By: /s/ Lawrence Fensterstock
                                            -------------------------
                                                Lawrence Fensterstock
                                                Chief Financial Officer

EX-99.1

                                                                    Exhibit 99.1

                                                                    NEWS RELEASE

CONTACT:
CreditRiskMonitor, Inc.
Jerry Flum, CEO
(845) 230-3030
info@creditriskmonitor.com

FOR IMMEDIATE RELEASE

Danner Named CreditRiskMonitor's Chief Operating Officer

VALLEY  COTTAGE,  NY -- October 17,  2005 --  CreditRiskMonitor  (OTCBB:  CRMZ),
announced  today the  appointment  of William B. Danner as the  company's  Chief
Operating Officer. He will report to Jerry Flum, CEO. Prior to this appointment,
Mr. Danner had been the company's  Marketing head, joining the company in May of
this year. Mr. Flum said,  "Bill has done an outstanding  job with his marketing
responsibilities,  bringing  professional  insight,  leadership  and setting the
stage for more rapid growth.  In his newly expanded  role,  Bill will direct the
company-wide execution of our growth strategy."

Mr. Danner,  age 49, brings over 20 years of financial  services and information
services  marketing  experience to his new position.  His most recent experience
includes  brand  strategy  and business  development  consulting  for  financial
services. From 1997 to 2001, Mr. Danner was Vice President of Market Development
at MetLife.

From 1991 to 1997,  Mr.  Danner held  marketing  positions at Dun &  Bradstreet,
managing  two  P&L's  and  launching  several  highly  successful  products.  He
ultimately served as Vice President,  Strategic  Planning at D&B. Before D&B, he
held a series of progressively  responsible marketing positions during nearly 10
years at GE Capital and GE Information Services.

Mr. Danner earned both his MBA and BA degrees at Harvard.

About CreditRiskMonitor

CreditRiskMonitor  (www.crmz.com)  is an  Internet-based  financial  information
service,  designed to save time for busy  corporate  credit  professionals.  The
service  provides  comprehensive   commercial  credit  reports  covering  public
companies  world-wide and includes detailed financial  statements,  analysis and
trend reports, credit scores, company background information,  Standard & Poor's
ratings,  and peer analyses.  Plus, it



includes  public  record  filings  and  trade  payment  data on  millions  of US
companies.  The service also  provides  continuous  news  monitoring  that keeps
customers up to date on events  affecting  the credit  worthiness  of companies,
including  financial  statement updates,  SEC filings,  S&P rating changes,  and
credit-relevant news stories and press releases.

Safe Harbor  Statement:  Certain  statements  in this press  release,  including
statements  prefaced  by  the  words  "anticipates",   "estimates",  "believes",
"expects" or words of similar meaning, constitute  "forward-looking  statements"
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking  statements  involve known and unknown risks,  uncertainties and
other factors which may cause the actual results,  performance,  expectations or
achievements of the Company to be materially  different from any future results,
performance  or  achievements  expressed  or  implied  by  such  forward-looking
statements,  including,  among others,  those risks,  uncertainties  and factors
referenced  from time to time as "risk  factors" or otherwise  in the  Company's
Registration Statements or Securities and Exchange Commission Reports.