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Streaming Quotes shows 7,950,000 traded but Time and Sales window that I have PIHN in only shows 2,585,000. Wonder why they differ.
We may see a lot of pre-set .0002s go off.
To bad Vert cant set the price for all the PIHN shares
HELLOOOOOOOOOOOOOOO ANYBODY HERE :):)
Forgot who it was but it was reported on this Board he had talked to Kuni and was told they would be finished this past weekend. We will see :)
New Email From (PIHN) inside :)
February 28, 2011
Dear Valued Shareholders,
I am writing to update you, as I am able, about recent progress with Polaris International and to respond to questions I have received over the past few months.
Operations
I am pleased to report that the fiscal year ending September 30. 2010 was the year Polaris finally booked significant revenues following the successful acquisition of Staff IS and Polaris Technologies. For the year, we reported $3,469,559.00 in revenues and were close to profitability losing only $43,865.
I can further report the results for the first quarter of fiscal year ending September 30, 2011 show revenues of $935,381 with a net profit of $15,963. While these results are currently being reviewed by a CPA as a result of the pending acquisitions, we are confident these results will stand without material changes, when the review is complete. It's very gratifying to report to you that we have already achieved profitability in the first quarter of our second year following the closing of our acquisitions and we pledge to remain steadfastly focused now on adding to these profits through organic growth and strategic acquisitions.
Finally, we have just received preliminary figures for January 2011 from Staff IS Co., our Japanese subsidiary, and are delighted to report that this division's revenues for the month came in at $538,332 with a pre-tax profit of $98,175. Based upon current activities within the company, I'm confident we will be bringing you more exciting revenue and profit reports as the year unfolds.
Acquisitions
In January, we announced that we had entered into a Letter of Intent to acquire an international IT services company headquartered in Southern California. This company's business extends beyond the US into the Asian theater including India, one of the world's significant and growing IT markets. We have made significant progress in arranging financing for the acquisition that will allow us to exponentially expand our revenues and profits and to do so in a way that is accretive to existing shareholders.
Additionally, we have engaged the services of a highly respected mezzanine capital firm that is guiding us through the acquisition while arranging the required capital through strategies that will evidence respect for the shareholders by avoiding toxic dilution going forward. The due diligence process is well under way and we are currently are working with CPA's to complete reviews of our financial statements as well as an audit of the target company as part of the due diligence process.
As is the case in many acquisitions, confidentiality is a cornerstone of the process and, as such, we cannot disclose additional information at this time but I can add this. While the acquisition is not completed at this writing and, thus, is not guaranteed to close successfully, we continue to make significant progress toward that end and, I trust our tenacity and determination in successfully closing the Staff IS acquisition will, in some way, communicate our commitment to completing this acquisition to our mutual benefit as well. We will continue to provide updates on future progress as it occurs and confidentiality agreements permit.
Our stock structure
Over the course of the past few years, we have followed a recommended strategy that involved the issuance of several classes of convertible preferred shares. While this strategy has been helpful in making the significant gains we have realized in our operations, it seems to have been less effective in sustaining or increasing shareholder value. I find it regrettable that this would be the case, as I believe that gains within the operating companies should be enjoyed by common shareholders as well.
With this in mind, we have begun taking the steps necessary to repurchase the preferred shares or to convert them into common stock in conjunction with the acquisition and we fully intend on moving forward with a focus on the company's value being directed toward the common shares and the shareholders. We have gained the approval of our tentative strategy going forward from the existing preferred shareholders and we will be disclosing more specifics as the acquisition proceeds towards closing.
I've never forgotten that Polaris International is your company as much as it is mine and the other founders and we readily acknowledge that your support has been crucial in Polaris International attaining the level of success it now enjoys. While reaching profitability was a very important milestone, it's just a way-point on our path to great achievement. I live every day focused on building this company into something we can all be proud of and can profit from. As shareholders, you deserve nothing less. Our commitment to more effective communication and greater transparency will demonstrate that attitude as we move forward together.
Current share structure as of Feb 28, 2011
Authorized Shares
Common - 7,000,000,000
Preferred A - 100,000,000
Preferred B - 10,000,000
Outstanding shares
Common - 5,148,040,366 (3,512,440,366 free trading)
Preferred A - 100,000
Preferred B - 267,250
The report for the quarter ending December 31, 2010 will be released when the review by the CPA is completed.
Investor Relations inquiries: Please contact
Maxwell Media Marketing
info@maxwellmediamarketing.com
http://maxwellmediamarketing.com
Sincerely
Kuni Misawa
CEO/President
Polaris International Holdings, Inc.
My Chickens don't have teeth :( send me some of yours :):)
New Email From (PIHN) inside :)
February 28, 2011
Dear Valued Shareholders,
I am writing to update you, as I am able, about recent progress with Polaris International and to respond to questions I have received over the past few months.
Operations
I am pleased to report that the fiscal year ending September 30. 2010 was the year Polaris finally booked significant revenues following the successful acquisition of Staff IS and Polaris Technologies. For the year, we reported $3,469,559.00 in revenues and were close to profitability losing only $43,865.
I can further report the results for the first quarter of fiscal year ending September 30, 2011 show revenues of $935,381 with a net profit of $15,963. While these results are currently being reviewed by a CPA as a result of the pending acquisitions, we are confident these results will stand without material changes, when the review is complete. It's very gratifying to report to you that we have already achieved profitability in the first quarter of our second year following the closing of our acquisitions and we pledge to remain steadfastly focused now on adding to these profits through organic growth and strategic acquisitions.
Finally, we have just received preliminary figures for January 2011 from Staff IS Co., our Japanese subsidiary, and are delighted to report that this division's revenues for the month came in at $538,332 with a pre-tax profit of $98,175. Based upon current activities within the company, I'm confident we will be bringing you more exciting revenue and profit reports as the year unfolds.
Acquisitions
In January, we announced that we had entered into a Letter of Intent to acquire an international IT services company headquartered in Southern California. This company's business extends beyond the US into the Asian theater including India, one of the world's significant and growing IT markets. We have made significant progress in arranging financing for the acquisition that will allow us to exponentially expand our revenues and profits and to do so in a way that is accretive to existing shareholders.
Additionally, we have engaged the services of a highly respected mezzanine capital firm that is guiding us through the acquisition while arranging the required capital through strategies that will evidence respect for the shareholders by avoiding toxic dilution going forward. The due diligence process is well under way and we are currently are working with CPA's to complete reviews of our financial statements as well as an audit of the target company as part of the due diligence process.
As is the case in many acquisitions, confidentiality is a cornerstone of the process and, as such, we cannot disclose additional information at this time but I can add this. While the acquisition is not completed at this writing and, thus, is not guaranteed to close successfully, we continue to make significant progress toward that end and, I trust our tenacity and determination in successfully closing the Staff IS acquisition will, in some way, communicate our commitment to completing this acquisition to our mutual benefit as well. We will continue to provide updates on future progress as it occurs and confidentiality agreements permit.
Our stock structure
Over the course of the past few years, we have followed a recommended strategy that involved the issuance of several classes of convertible preferred shares. While this strategy has been helpful in making the significant gains we have realized in our operations, it seems to have been less effective in sustaining or increasing shareholder value. I find it regrettable that this would be the case, as I believe that gains within the operating companies should be enjoyed by common shareholders as well.
With this in mind, we have begun taking the steps necessary to repurchase the preferred shares or to convert them into common stock in conjunction with the acquisition and we fully intend on moving forward with a focus on the company's value being directed toward the common shares and the shareholders. We have gained the approval of our tentative strategy going forward from the existing preferred shareholders and we will be disclosing more specifics as the acquisition proceeds towards closing.
I've never forgotten that Polaris International is your company as much as it is mine and the other founders and we readily acknowledge that your support has been crucial in Polaris International attaining the level of success it now enjoys. While reaching profitability was a very important milestone, it's just a way-point on our path to great achievement. I live every day focused on building this company into something we can all be proud of and can profit from. As shareholders, you deserve nothing less. Our commitment to more effective communication and greater transparency will demonstrate that attitude as we move forward together.
Current share structure as of Feb 28, 2011
Authorized Shares
Common - 7,000,000,000
Preferred A - 100,000,000
Preferred B - 10,000,000
Outstanding shares
Common - 5,148,040,366 (3,512,440,366 free trading)
Preferred A - 100,000
Preferred B - 267,250
The report for the quarter ending December 31, 2010 will be released when the review by the CPA is completed.
Investor Relations inquiries: Please contact
Maxwell Media Marketing
info@maxwellmediamarketing.com
http://maxwellmediamarketing.com
Sincerely
Kuni Misawa
CEO/President
Polaris International Holdings, Inc.
New Email From (PIHN) inside :)
February 28, 2011
Dear Valued Shareholders,
I am writing to update you, as I am able, about recent progress with Polaris International and to respond to questions I have received over the past few months.
Operations
I am pleased to report that the fiscal year ending September 30. 2010 was the year Polaris finally booked significant revenues following the successful acquisition of Staff IS and Polaris Technologies. For the year, we reported $3,469,559.00 in revenues and were close to profitability losing only $43,865.
I can further report the results for the first quarter of fiscal year ending September 30, 2011 show revenues of $935,381 with a net profit of $15,963. While these results are currently being reviewed by a CPA as a result of the pending acquisitions, we are confident these results will stand without material changes, when the review is complete. It's very gratifying to report to you that we have already achieved profitability in the first quarter of our second year following the closing of our acquisitions and we pledge to remain steadfastly focused now on adding to these profits through organic growth and strategic acquisitions.
Finally, we have just received preliminary figures for January 2011 from Staff IS Co., our Japanese subsidiary, and are delighted to report that this division's revenues for the month came in at $538,332 with a pre-tax profit of $98,175. Based upon current activities within the company, I'm confident we will be bringing you more exciting revenue and profit reports as the year unfolds.
Acquisitions
In January, we announced that we had entered into a Letter of Intent to acquire an international IT services company headquartered in Southern California. This company's business extends beyond the US into the Asian theater including India, one of the world's significant and growing IT markets. We have made significant progress in arranging financing for the acquisition that will allow us to exponentially expand our revenues and profits and to do so in a way that is accretive to existing shareholders.
Additionally, we have engaged the services of a highly respected mezzanine capital firm that is guiding us through the acquisition while arranging the required capital through strategies that will evidence respect for the shareholders by avoiding toxic dilution going forward. The due diligence process is well under way and we are currently are working with CPA's to complete reviews of our financial statements as well as an audit of the target company as part of the due diligence process.
As is the case in many acquisitions, confidentiality is a cornerstone of the process and, as such, we cannot disclose additional information at this time but I can add this. While the acquisition is not completed at this writing and, thus, is not guaranteed to close successfully, we continue to make significant progress toward that end and, I trust our tenacity and determination in successfully closing the Staff IS acquisition will, in some way, communicate our commitment to completing this acquisition to our mutual benefit as well. We will continue to provide updates on future progress as it occurs and confidentiality agreements permit.
Our stock structure
Over the course of the past few years, we have followed a recommended strategy that involved the issuance of several classes of convertible preferred shares. While this strategy has been helpful in making the significant gains we have realized in our operations, it seems to have been less effective in sustaining or increasing shareholder value. I find it regrettable that this would be the case, as I believe that gains within the operating companies should be enjoyed by common shareholders as well.
With this in mind, we have begun taking the steps necessary to repurchase the preferred shares or to convert them into common stock in conjunction with the acquisition and we fully intend on moving forward with a focus on the company's value being directed toward the common shares and the shareholders. We have gained the approval of our tentative strategy going forward from the existing preferred shareholders and we will be disclosing more specifics as the acquisition proceeds towards closing.
I've never forgotten that Polaris International is your company as much as it is mine and the other founders and we readily acknowledge that your support has been crucial in Polaris International attaining the level of success it now enjoys. While reaching profitability was a very important milestone, it's just a way-point on our path to great achievement. I live every day focused on building this company into something we can all be proud of and can profit from. As shareholders, you deserve nothing less. Our commitment to more effective communication and greater transparency will demonstrate that attitude as we move forward together.
Current share structure as of Feb 28, 2011
Authorized Shares
Common - 7,000,000,000
Preferred A - 100,000,000
Preferred B - 10,000,000
Outstanding shares
Common - 5,148,040,366 (3,512,440,366 free trading)
Preferred A - 100,000
Preferred B - 267,250
The report for the quarter ending December 31, 2010 will be released when the review by the CPA is completed.
Investor Relations inquiries: Please contact
Maxwell Media Marketing
info@maxwellmediamarketing.com
http://maxwellmediamarketing.com
Sincerely
Kuni Misawa
CEO/President
Polaris International Holdings, Inc.
Almost 225 million shares traded,what happen :):)
HELLOOOOOOOOOOOOOOO ANYBODY HERE :):)
Somebody is really pushing MBYL I got nearly 50 emails on it from out of the blue. Lets watch it.
Anyone know anything about Maxwell Media,I hope they can get the ball rolling :)
Renee,
Here is the fax to Staff In Japan.FAX:+81-3-6383-3012 Why dont you fax this post to Kuni. Lets everyone Fax Kuni. Wake him up.
Love your post :)
Just got back home. Where is the PR!!!!!!
Kuni's dog must have ate it :(
Globaltrnr, Read this
Remembered reading that you have hade Heart Surgery . I have had a bypass as well. When I had my first Heart Attack when I was 46 the Doctor put me on Vitamin C and Vitamin E. It was a relatively new discovery at the time that taking both of these Vitamins at the same time helps stops the fatty stuff from sticking to the artery walls . It works. My Heart Doctor said taking both of these at the same time is the very reason I ran on the same Stent for eleven years. Even when I had to have the Heart Surgery the Stent was doing fine. When my Heart Doctor retired the new Doctor I started seeing at a different Hospital ask me about E&C the very first thing
and wanted to be sure I was on it and was pleased to learn I was on it already. I take 500 mg C and 400 IU Vitamin E. I was told once a day was enough but I take it twice a day. You need to look into this it works. Just thought I would pass this along incase you did not know. I am 59 now and doing fine.
Thought I would leave this here incase others need to know as well.
Jim
The longer it takes makes me think Kuni closed the financing this past week end and he may be preparing a big PR for us about the Aquisition and the Fins and hit us with one big one or maybe two,back to back. You never know. :)
If you have (All Or None)on your order. Take All Or None off and it will go quickly
Nope still here,just not much to say except, WHERE'S THE BEEF!!!
One big PR is what I been thinking :)
I am guessing we get Fins and Aquisition news with the name of the company this week. Remember Kuni meat with the bank this weekend.Why else would a Bank meet someone on the weekend when they are as a rule closed on the weekend unless it is just to sine the papers. I think it is all done. :):)
If Kuni and the Bank are working on Aquisition Financing this week end we just may get Fins and Aquisition news all at one time next week. :)
Tired of waiting :( but guess I will have too.
OH Boy another letter of intent. Thats Two.Wish I had a Dime for every letter of intent news I have received for all the pinkies I have owned. I could retire.
Kuni really does not need to release the name of the company till the deal is done to keep the new company from being bombarded with phone calls from crazy pinkie investors like me and a few others own this board and the maybe hundreds who do not post here.Thats my thoughts any way :):):)
Even though I still believe in PIHN it is starting to get on my nerves and worry me a bit.GOOOOO PIHN :):)
Chuck,Kuni and PIHN are fine with me
Is this the same Chuck?
http://twitter.com/cibulkachuck
Cooking Baby Back Ribs tonight incase anyone wants to drop by :):)
Another Email about still yet another Letter of Intent. What happen to the other Letter of Intent with the other company.Starting to smell like dead fish around here or is it a Rat. :(
Now that would be nice :):)
Looks like another exciting day here in PIHN Land. Don't everyone post at the same time,might blow out I-Hub
It will be our turn some day :):)
Is Santa Kuni Clause going to make a appearance for us and bring us a nice gift :):)
Will the real Kuni please stand up.
Canadian Mist and Pepsi. What a great way to wait. Everybody Come On Over. Got plenty. :):):):):):):):):):)
Since most people are headed out of town for the Holidays I really hope the news is held till around the 5th of January.The more people watching the day the news hits the better for all involved .
Still here,Still banging my head on the table,Still holding all my shares. I will not surrender, I refuse to loose :):)
Wish it would turn to a wild fire :)