Polaris International Holdings (PIHN)

[here4beer]

Common Stock Issued--1,217,260,514

Preferred A Stock Issued--100,000

Preferred B Stock Issued--174,11


(3) DEBT
The Company has several outstanding shareholder loans/notes payab
le. Interest on the notes
varies from 5% to 10
% per annum.
Convertible Notes
Staff IS
—
Acquisition
-
$
1,500,000
Staff IS
—
Note
-
$
228,992
Suzuki
---
Note
-
$
5,511
Takamine 1
-
Note
$
1,559
Takamine 2
-
Note
$
2,204
Takamine 3
-
Note
$
20,838
Sakashita
—
Note
$
5,202
Wakabayashi
—
Note
$
32,038
Case
—
Note
$
19,365
Artfield
—
Note
$
10,327
Weintraub
—
Note
$
1,120
Loans from Shareholders
Staff IS
—
Loan
$
22,098
lwata
—
Loan
$
200
Others
—
Loan
$
1,310