InvestorsHub Logo
Followers 16
Posts 1515
Boards Moderated 0
Alias Born 12/28/2009

Re: stealofadeal post# 36218

Saturday, 07/03/2010 7:39:17 PM

Saturday, July 03, 2010 7:39:17 PM

Post# of 79952
Share structure & Aquisition

I think this is more than 20 times you bs about 7 billion thing. Spreading false info is not expressing the opinion Steal.

-----------------------------------------------------------
Email update on June 29

"In addition, Polaris expects to enter into Letter of Intent with an U.S. corporation for the first acquisition in the U.S.A. soon. We will announce it via a press release when we are prepared to do so."

---------------------------------------------------

Share structure from TA:
The total shares outstanding for this company as of 07-01-2010 were 3,848,040,366 shares outstanding with 2,212,440,366 shares free trading and 1,635,600,000 shares restricted with 7,000,000,000 shares authorized.

---------------------------------------------------

Important Info on PIHN Share Structure PR on 04/29/2009

http://ih.advfn.com/p.php?pid=nmona&article=37489548&symbol=NO%5EPIHN

Polaris International Holdings., Inc. (PINKSHEETS: PIHN) announced that the Company effectuated a 20:1 forward stock split on Friday, April 24, 2009.

All shareholders of record at the close of Friday, April 24, shall receive an additional 19 shares for each share owned.

As a result, the Company's issued and outstanding share capital has increased from 101,981,000 shares of common stock to 2,039,620,000 shares of common stock. The Company also amended its Articles of Incorporation to increase its authorized shares of capital stock to 7,000,000,000 and issued 100,000 shares of preferred stock.

"These actions by the Board are a clear indication of the confidence we have in our ability to continue driving growth and creating value for our shareholders by capitalizing on the exciting opportunities, both short- and long-term, that lie ahead," said Kuni Misawa, President and CEO of Polaris International Holdings, Inc. "The split and increase will make Polaris common stock more widely available to a larger pool of investors, including our current shareholders."

Forward split in 2009 and increase the AS to 7B for specific purposes. One is to have buying power for upcoming acquisitions.

And 1,635,600,000 of restricted shares are owned CEO and Vice President.

---------------------------------------------------


"I LOVE GOOOOOOOOOLD"