Well I don't know about Crouch, but Crunch had some very serious backing.
Yes, a glimmer of hope here. Crunch is reasonably well-regarded and credible start-up. Some of it's backers have real money (Skype, Bebo) so absolute best case is that Crouch is a link to these people.
But apart from that, McCoy and co have done nothing to suggest that they are anything but a bunch of limited-ability no-marks.