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DNAD News DNA Dynamics Reports Reduction in Authorized Share Capital.

Friday, April 22, 2011 1:07 AM

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News for 'DNAD' - (DNA Dynamics Reports Reduction in Authorized Share Capital)

Apr 22, 2011 (Close-Up Media via COMTEX) -- DNA Dynamics announced that it has
confirmed with the State Authorities in Delaware that the record date for the
reduction in the Authorized Share Capital from 950m to 350m was April 18, 2011,
and that this is now active.

In a release dated April 19, the Company said Edward Blincoe, CEO of DNA
Dynamics, announced earlier in the month, during a recorded question and answer
session that the aim was to reduce the Authorized Share Capital by more than 60
percent from 950m to 350m and made this comment now the reduction had occurred
"we are in a great position here at DNAD in that we have good revenues, new
deals being signed and a fantastic stock structure to support the business and
give great value to the shareholder base. We are all very excited about the
coming weeks and months."

DNA Dynamics' subsidiary, Appache Mobile, recently announced that it had
increased its footprint in the AppStore market by releasing a version of Chess
Crusaders for the Apple Mac. The expectation is that this will be a very
successful move while the Mac AppStore catalogue is still in its infancy.

Appache Mobile, is a publisher of games and Apps for mobile and tablet devices.

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http://www.otcmarkets.com/stock/DNAD/financials

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INDUSTRY KEYWORD: Wireless_News

Source: Comtex Wall Street News

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