PST.H Psinaptic

BULLETIN TYPE: Cease Trade Order

BULLETIN DATE: February 3, 2010

NEX Company

A Cease Trade Order has been issued by the Alberta Securities Commission on
February 3, 2010, against the following Company for failing to file the
documents indicated within the required time period:




                                                                    Period
                                                                    Ending
Symbol     Company         Failure to File                          (Y/M/D)
("PST.H")  PsiNaptic Inc.  Annual audited financial statements    09/09/30
                           Annual management's discussion &       09/09/30
                            analysis
                           Certification of annual filings        09/09/30



Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members are
prohibited from trading in the securities of the company during the period of
the suspension or until further notice.


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