Commentary from the 2009 10-K.......
I continue to believe that DION is not getting the attention it probably deserves. Having a Managing Director at Brean Murray, Carret & Co. actively assisting DION on both the sales and M&A front is an asset that should be causing some eyebrows to raise a little. Roy Teng was a member of the business development team that originally brought CHID/NEWN public. I think the contacts/experience the new controlling investors have in the Asia region will ultimately change DION in very significant ways.
An operating technology company that can be break-even/profitable on a relatively low level of revenue, combined with the very distinct possibility of some merger/acquisition activity, makes for a pretty intriguing situation here. Management's commentary from the 2009 annual report.....
At the time of this writing, late in March of 2010, there is solid evidence of renewed new order bookings, a moderate projected improvement for the First Quarter of 2010 and, if the favorable trends continue, a welcome bounce-back for the entire year of 2010. Our primary technology thrust remains focused on the large market potential for our optically-isolated, photovoltaic (PV) MOSFET-Drivers. As our new investor, CML, continues to become familiar with that market and our technology, they are beginning to ramp up their efforts to assist our sales programs in Asia, largely in China and Japan. We have also been using this still relatively slow period to further enhance product performance as well as also explore a variety of other growth opportunities. As the assistance from CML begins to materialize, management at Dionics will be alerted for signs of “rabbit-ears poking out of the proverbial hat.” We will be more than pleased to share the news.
