SpectrumDNA, Inc. (SPXA)

[StonedSheep]

the Company and Banister will enter into a redemption agreement (the "Redemption Agreement") for the redemption of Banister's Equity Securities pursuant to which Banister will grant Ketchmark an irrevocable proxy to vote Banister's shares in favor of the Assignment of Property (the "Initial Closing Date").

Closing under the Redemption Agreement is expected to occur within seven days thereafter (the "Final Closing Date") and is subject to receipt of stockholder approval of the Assignment of Property. Upon the Final Closing Date, the Assignment of Property and the Securities Redemption will be completed, Ketchmark will be appointed a director of the Company and Banister will resign as a director of the Company. In the event the Initial Closing Date has not occurred by March 30, 2012, the Escrow Agreement will terminate.

initial closing date is 3/30, the final closing date “is expected” to occur within 7 days thereafter. So we may see a filing/news in early april

BUT if there are some fearful traders here you can sell me your shares in the subs

=D