Value Microcaps Zip Code Changers

[Potse]

DION(.125)...future looks brighter.....

The change in control of the company was completed last week. I picked up a few more shares today for trading purposes, as I am anticipating there will be a move into at least the .20s at some point "relatively soon".

I think the longer-term prospects for DION have improved considerably with this share purchase agreement now completed. You have foreign (China) investors taking a liking to and gaining ownership control of a small and struggling company that is underfollowed in the market. This could very well turn into an extremely nice turnaround/growth type of situation as opportunities for business/acquisitions open up for the company. Roy Teng (a Managing Director of investment banker Brean Murray's China office) is now on DION's Board of Directors.

DION CEO's comments in today's press release pretty much lay out the case as to why DION could turn out to be a decent investment......

Dionics, Inc. Reports Major Foreign Investment in the Company; CML Gains 62% Control, Injects $440K of New Capital for Growth

WESTBURY, N.Y., Nov 3, 2009 (GlobeNewswire via COMTEX) -- Dionics, Inc., (DION 0.13, +0.03, +25.00%) a semiconductor / micro-electronics manufacturer best known for its high-reliability PV (photo-voltaic) MOSFET-Drivers, announced receipt of a major foreign investment in the Company. The new investor, Central Mega Limited (CML), a British Virgin Islands company, acquired a controlling 62% interest in Dionics, Inc. by purchasing a total of 13-million shares of its common stock. Of that total, 11-million were newly-issued shares purchased from the Company. An additional 2-million previously-owned shares were purchased from Bernard L. Kravitz, Company president, who also signed a two-year employment contract to continue as president and CEO. All 13-million shares were priced at $.04 each, resulting in an initial $440,000 Working Capital investment in Dionics, Inc. by CML, intended to support both current operations as well as future growth. Details appear in Dionics' SEC Form 8-K's filed on Oct.13 and Nov.3. Brean Murray, Carret & Co. served as exclusive financial advisor to Central Mega Limited in the transaction.

"We consider ourselves quite fortunate to have become associated with CML, for several reasons," Kravitz explains. "First, their financial strength puts a safety net under our Company, an invaluable asset in these difficult times." "Next," he continued, "that same financial strength, combined with their confidence in our technology, will permit us to more aggressively explore new products, new opportunities for growth and even potential strategic acquisitions that may become available, here and abroad." "Finally," he concluded, "their well-established marketing and manufacturing contacts in Asia, and particularly in China, provide us with entree to significantly larger markets for our leading product, PV MOSFET-Drivers." In closing, he then added, "In a year or two, we could look like a very different Company."

http://www.marketwatch.com/story/dionics-inc-reports-major-foreign-investment-in-the-company-cml-gains-62-control-injects-440k-of-new-capital-for-growth-2009-11-03?newsid=974726218&dist=bigchartssymb%3DDION&sid=1616