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[Potse]

DION(.07)...finished accumulating position.....

Finished building a position in DION over the last week at prices in the 5-7 cent area. This tiny semiconductor designer/manufacturer has managed to basically claw its way back from very difficult periods a number of times over the years. DION is making an effort to come back from the brink once again, catching up with 6 years of missed filings, and as indicated in filings and press releases the company is exploring some "external growth opportunities".

One of those external opportunities (or perhaps a precursor to one) may in fact be occurring very shortly with an outside investor expected to acquire 62+% of the company. If everything remains on track, the proposed stock purchase agreement is scheduled to close no later than October 30 (10 days from now).

There isn't a great deal of detail regarding the identity of the investor and exactly what is going to transpire with DION once the deal is completed and additions to DION's Board of Directors occur, but my guess is that this transaction will represent a significantly positive moment in the the company's history.

As a result of the struggles DION has experienced over the years, the stock is pretty much off the radar screens of most investors. Any positive developments here could lead to some pretty nice upside on the stock, IMO.

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