On June 26, 2014, Dynasil Corporation of America, a Delaware corporation ("Dynasil"), and its wholly owned subsidiary, Evaporated Metal Films Corp., a New York corporation ("EMF") completed the acquisition of substantially all of the assets of DichroTec Thin Films, LLC, a New York limited liability company and manufacturer of optical thin film coatings.
Pursuant to the Asset Purchase Agreement (the "Asset Purchase Agreement") by and among Dynasil, EMF, DichroTec and Syncrolite, LLC, a Texas limited liability company and the sole member of DichroTec ("Syncrolite"), EMF acquired substantially all of the assets of DichroTec for approximately $500,000 in cash and 700,000 shares of Dynasil's Common Stock. The Asset Purchase Agreement contains customary representations, warranties, covenants and indemnification provisions for these types of transactions.
The foregoing description of the Asset Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Asset Purchase Agreement, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the fiscal period ended June 30, 2014.
Take a look at the chart... 1.80 is a crusial res. If DYSL breaks 1.8 we could see 2.2 fast and 3 dollar soon imo. This company is doing all the right things since the new CEO. GREAT
insiders buying. NEWL upgrade over the last couple of weeks. NEWL hiring new people. New orders comming in... this stock is turning around in all ways possible... 8 dollar target will get smashed in a few months imo.
The street made a fool out of itself by letting NEWL on SELL for so long.... Now they only can upgrade to HOLD.... look at the fuff comment: "Powered by its strong earnings growth of 104.08% and other important driving factors, this stock has surged by 219.60% over the past year, outperforming the rise in the S&P 500 Index during the same period. Looking ahead, however, we cannot assume that the stock's past performance is going to drive future results. Quite to the contrary, its sharp appreciation over the last year is one of the factors that should prompt investors to seek better opportunities elsewhere"
NEWL is still undervalued fair value is 6 Dollar
Great news again... insiders keep buying shares. No reason for DYSL to trade at 1.5 dollar and insiders know that. Soon there will be a correction. 5 dollar EOY. imo
Net income for the six months ended March 31, 2014 is $1,729,000, or $0.11 per share, as compared to a net loss of ($7,621,000), or ($0.52) per share, for the comparable period in 2013.
In 2011 DYSL made a 2.mil profit. Now we are at 1.7mil in 1/2 year...the PPS will follow
MM's are driving the PPS down just before the next earnings THIS WEEK. DYSL will report another profit and will be worth at least 5 dollar now and 8dollar end of year. This company is finaly doing everything right.
Moving down on no trading... Next week is earnings week. Noone is panic selling and MMs trying hard. This will move up 2-3-4 times soon. I see DYSL hit 8 dollar before year end. glta
the fact is they will use it for working capital and general corporate purposes and that MAY include capital expenditures and POTENTIAL acquisitions... (read between the lines). So don't count too much on the 'MAYs' and 'POTENTIALs'
We already know how Andy works.... Give investors hope and a good story and they will give you the money to keep the losing company saty alive.
look, PLUG dilluted 850mil in the past few years...don't try to make thisone look good. It isn't. Taking money from investors to pay for the production on witch they still loose money on every unit they make. The more they make the more PLUG will loose. They are not able to turn it into a profit... sad to see.