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db7...management/director changes.....

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Potse   Wednesday, 09/18/13 06:54:45 AM
Re: db7 post# 81
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db7...management/director changes.....

Potse, see the 8k? good to see some signs of life..

The filing of the 8-K and the changes to the management and director positions looks encouraging. Two of the three changes/additions are people associated with some very large firms.

Replacing the original CFO with a Senior Manager from KPMG (one of the big 4 auditors) is probably going to be helpful from the obvious general accounting perspective, and if they have any intentions of structuring the company for a potential uplisting to a higher exchange. It also might be helpful in any merger/acquisition and expansion plans the company might be undertaking. Some of those potential expansion plans that the company had outlined look pretty interesting to me and could significantly transform the company. .......

Mr. Jingwei (John) Huang, age 37, has been affiliated with KPMG from July 2000 to the present, most recently as a Senior Manager. In such capacity his responsibilities included planning and supervising the audits of various private and public companies, including the audits for various listed companies and companies in the process of completing initial public offerings. As a Senior Manager, Mr. Wang also had responsibility for client solicitation and management. Mr. Huang received a degree in Industrial and Civil Engineering from South China University of Technology in 1999 and an MBA from South China University of Technology in 2000.

The director they have added who was associated with Vastsea Consultants (the largest professional headhunting firm in China) should be helpful in a number of areas, including executive/employee recruitment. I see the company is going to be paying him 35K per year, so I think he is probably going to be a fairly "active" director.......

Mr. Bo (Richard) Jiang, age 34, served as a Director of Vastsea Consultants from March 2011 to June 2013. In such position he was responsible for human resource outsourcing and headhunting services. He served as a manager of a 15 person team with responsibility for the achievement of targeted goals. Prior to that, from February 2010 until March 2011, Mr. Jiang was Executive Assistant to the CEO of AB Securities. In this position Mr. Jiang was in regular communication with the China Insurance Regulatory Commission, was responsible for coordinating the Process Optimization Project with McKinsey and ensuring that the Project was properly implemented throughout the organization. From March 2007 through February 2010 Mr. Jiang was a Regional Manager for Aramark, a leader in professional services, food services and facilities management for institutions throughout the world. In 2005 Mr. Jiang received his undergraduate degree from France Universitaire d’Angers from which he also received an advanced degree in Economic Management in 2007.

You mentioned over on another board about the unusual accumulation that seems to be occurring and the possibilty that DION might be setting up for some type of promo/momentum event. It would be fairly easy for some groups to run this stock up if they wanted to, since the float (and tradeable float) is pretty low. I seem to own a lot of stocks right now that would be incredibly easy to push higher with one of those uncompensated promos or momentum types of runs.

I don't recall anymore what the symbol was, but back in the days before the global economic meltdown in 2008 or so I remember some IHUB groups/players got a hold of a China stock similar to DION (low float, bulk of the ownership held in preferred stock) and drove it up to a fully-diluted market cap in the $1-2 billion area.

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