Added a few more shares at 18 cents.......
Picked up some extra shares at .18 this week, just in case something in the upcoming quarterly and/or accompanying press release triggers buying interest.
The CEO usually provides some general commentary (often quite blunt in nature) in the quarterly filings on how things are going for the company. The earnings press releases are usually somewhat brief, but I'm guessing that with the recent financing/control developments the CEO might have a little more to talk about and might be able to "flesh out" future press releases a little bit more.
This was the commentary in the last quarterly filing......
At the time of this writing, early in August of 2009, business continues at a low level, although Management draws some encouragement from a recent slight increase in order activity and promising discussions with customers about projected new orders. Our primary technology thrust remains focused on the large market potential for our optically-isolated photovoltaic (PV) MOSFET-Drivers. We are using this slower period to both enhance our product performance and also to explore a variety of other growth opportunities. Although we are entering the traditionally slow Third Quarter, confidence in the future remains solid. Management reminds the reader that Dionics, Inc. has frequently proven capable, even in the toughest times, of finding yet another “rabbit in the hat.”
