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

Dionics, Inc. Reports Major Foreign Investment in the Company; CML Gains 62% Control, Injects $440K of New Capital for Growth - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 1...
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DIONICS INC Financials

PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue201  170  399  250  Cost of Revenue136  149  228  144  Gross Profit65  21  171  107  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative67  86  92  96  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(2)(65)79  11  Income from Continuing OperationsTotal Other Income/Expenses Net2   -  1  2  Earnings Before Interest And Taxes0  (65)79  13  Interest Expense -   -  (2) -  Income Before Tax0  (65)82  13  Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops0  (65)82  13  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   - ...
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Dionics, Inc. Reports Q-2 Sales Up vs. Q-1, Down vs. Q-2 2008

WESTBURY, N.Y., Aug. 18, 2009 (GLOBE NEWSWIRE) -- Bernard L. Kravitz, president of Dionics, Inc. (OTCBB:DION - News), a semiconductor/micro-electronics manufacturer best known for its high-reliability PV (photo-voltaic) MOSFET-Drivers, announced the Company's filing last week of its SEC Form 10Q report covering the Second Quarter of 2009. "Although the global economic slump has severely cut into new order bookings," Kravitz explained, "we were still able to show some bounce-back in Q-2. We even netted a purely symbolic $100 profit as compared to a loss of almost $65,000 in the previous quarter." As he looks into the traditionally slow Third Quarter, Kravitz sees the need for "continued cost-cutting, product enhancement and an aggressive search for new growth opportunities." He concluded, "We fully expect to fight our way out of this problem just as we have all previous ones." Forward-Looking Statements Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein the words "anticipate", "believe", "estimate", "plan", "intend" and "expect" and similar expressions, as they relate to Dionics, Inc. or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and ...
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Dionics, Inc. Reports Q-1 Sales Volume Down 33%; Loss of $65,000

WESTBURY, N.Y., May 18, 2009 (GLOBE NEWSWIRE) -- Bernard L Kravitz, president of Dionics, Inc., (OTCBB:DION - News) a semiconductor / micro-electronics manufacturer best known for its high-reliability photovoltaic (PV) MOSFET- Drivers, announced today the Company has just filed its SEC Form 10Q report for the First Quarter of 2009. "Dealing with the world-wide economic slowdown," Kravitz explained, "we simply could not side-step the impact of a greatly reduced order-input rate. Our Q-1 sales volume dropped by 33% and we sustained a loss of almost $65,000," he pointed out. "The company has been taking all reasonable steps to reduce our operating expenses," Kravitz continued, "and is also using the slow period to enhance product performance. While we remain confident in, and committed to, the future of our PV MOSFET-Driver product-line, our solid cash position makes it possible for us to also explore growth opportunities in other directions. We intend to be ready for the recovery and will not just be waiting-it-out," Kravitz concluded. Forward Looking Statements Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate "believe", estimate", "plan", "intend" and "expect" and similar expressions, as they relate to Dionics, Inc. or its manageme...
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Dionics, Inc. Reports 2008 Profits Up 67% On Sales Rise of 13%

WESTBURY, N.Y., April 1, 2009 (GLOBE NEWSWIRE) -- Bernard L. Kravitz, president of Dionics, Inc. (OTC BB:DION.OB - News), a semiconductor / micro-electronics manufacturer best known for its high-reliability photovoltaic (PV) MOSFET Drivers, announced today the Company has just filed its SEC Form 10K report for 2008. Aside from what they consider the ``glowing'' contents of the report, management is quick to comment that this is the first on-time 10K report in six-years, reflecting the company's newly-acquired ``current'' SEC status. As Kravitz points out, ``In addition to now being current with our SEC reporting, we have also gained re-listing of our Common Stock on the OTC Bulletin Board. These moves should help us greatly in our near-term efforts to increase shareholder value.'' Commenting next on what he termed ``2008's very satisfying results,'' Kravitz pointed to the company's 67% year-over-year profit increase, the resulting $.02 per share in earnings and the $300,000 year-end cash position it produced. ``Ironically, however,'' he continued, ``we achieved all this just in time for the worst global economic slow-down in many years. Still, although the year 2009 is getting us off to a slow start, until the economy recovers its momentum, our solid cash position makes it possible for us to improve our products, develop new ones and also explore some growth opportunities in new directions. We intend to be ready for the recovery and will not just be waiting it out.''Forward Looking StatementsStatements contained herein t...
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DIONICS INC Files SEC form 10-K, Annual Report

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion should be read in conjunction with the audited financial statements and the notes thereto appearing elsewhere in this report and is qualified in its entirety by the foregoing. Introduction First, we think it is worthy of note that this full-year 2008 report is the first year-end report being filed after the Company regained "current" status in its SEC filing obligations. A successful multi-year "catch-up" program, completed in late 2008, eliminated six-years worth of previously delinquent SEC reports. Liquidity and Capital Resources For 2008, the Company's improved and strongly profitable financial performance resulted in its year-end Cash position reaching $300,000. The Company's debt profile had also been improved when, in the Second Quarter of 2008, it was able to repay several emergency loans made to it by its CEO during the "troubled" years of 2005 and 2006. The Company's only remaining debt is now $301,000 of Deferred Compensation, currently payable in May 2009, following several other deferrals in years past. This report is being written in March of 2009, however, and, in view of the recent severe economic downturn, it is not clear whether the Company will be able to fully honor this debt obligation, or may have to renegotiate it once again. Since the entire amount is payable to its CEO, the Company does not really anticipate any adversarial problems, although neither can it anticipate the extent or the form of any potential renegotiation. Results of Operations Sales volume in the year-ended December 31, 2008 reached $1,256,500, an increase of 13 percent over the $1,109,100 level reached in the full year of 2007. Increases were seen across all product lines, with particular benefit coming when some long-time customers placed "life-time buys" for several matu...
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DIONICS INC Financials

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