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db7 Member Level  Monday, 05/07/12 04:21:54 PM
Re: Potse post# 65
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Entry into a Material Definitive Agreement.




Reference is made to the Current Report on Form 8-K filed on February 3, 2012 by Dionics, Inc. (the “Company”) which reported the signing of a Share Exchange Agreement (the “Exchange Agreement”) as of January 30, 2012 by the Company with Shangrao Bai Hua Zhou Industrial Co., Ltd., a company incorporated in the People’s Republic of China (the “Shangrao”), and the sole shareholder of Shangrao (the “Shangrao Shareholder”), pursuant to which at closing the Company will acquire 100% of the issued and outstanding shares of Shangrao from the Shangrao Shareholder. On May 3, 2012, the parties agreed to extend the closing or the closing date of the Exchange Agreement to on or before June 30, 2012.
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