DNA Dynamics Announces Capital Raise of Up to $2,000,000
May 20 2014 - 8:00AM
Marketwired
DNA Dynamics Announces Capital Raise of Up to $2,000,000
LEAMINGTON SPA, UNITED KINGDOM--(Marketwired - May 20, 2014) -
DNA Dynamics, Inc. (OTC Pink: DNAD) (PINKSHEETS: DNAD), a global
software and application developer, today announced they have
signed an agreement to raise additional capital for the company. A
private placement memorandum has been signed which could bring up
to $2,000,000 to the company over the next 6 months. The stock
purchased through the private placement will be restricted
preferred stock with a minimum 12 month holding period.
DNA Dynamics will quickly utilize these funds to execute its
business plan for rapid expansion. In particular, the company plans
to accelerate its investment expansion into a newly legalized and
rapidly growing industry.
About DNA Dynamics, Inc. Headquartered in Leamington Spa
in the United Kingdom, DNA Dynamics is a worldwide developer and
publisher of graphically rich, interactive entertainment
applications currently delivered on iOS®, Android™, Apple Mac® and
PC. Through its operating subsidiaries, the Company has created,
acquired or licensed a portfolio of highly recognizable or emerging
brands that broadly appeal to its consumer demographics, ranging
from children to adults and casual gamers to serious enthusiasts.
For more information, please go to www.dnadynamics.net. You
can also follow the Company on Facebook and Twitter.
For more information please email info@dnadynamics.net
Forward-Looking Statements This press release may contain
forward-looking statements, including information about
management's view of DNA Dynamics, Inc.'s future expectations,
plans and prospects. In particular, when used in the preceding
discussion, the words "believes," "expects," "intends," "plans,"
"anticipates," or "may," and similar conditional expressions are
intended to identify forward-looking statements. Any statements
made in this news release other than those of historical fact,
about an action, event or development, are forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors, which may cause the results of DNA
Dynamics, its subsidiaries and concepts to be materially different
than those expressed or implied in such statements. Unknown or
unpredictable factors also could have material adverse effects on
DNA Dynamics' future results. The forward-looking statements
included in this press release are made only as of the date hereof.
DNA Dynamics cannot guarantee future results, levels of activity,
performance or achievements. Accordingly, you should not place
undue reliance on these forward-looking statements. Finally, DNA
Dynamics undertakes no obligation to update these statements after
the date of this release, except as required by law, and also takes
no obligation to update or correct information prepared by third
parties that are not paid for by DNA Dynamics.
DNA Dynamics, Inc. info@dnadynamics.net