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.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
News 
Market Data 
Discover 
