Polaris International Holdings (PIHN)

[oneinamillion]

I have made a few updates to the IBOX as moderator and dug deeper into the financials etc. Folks need to remember PIHN has spent the last 2 years making the acquisitions they completed in November of 2009 area-or 3-4 months ago. This will be the first earnings release that actually includes revenues. Pretty huge deal. I am hoping KUNI pulled out a profit too for this quarter but it's going to be close based on available data. PIHN has had about 100-14OK in expenses(mainly salary and interest) in the last two years without revenues every quarter. Now with the acquisitions they will have significant revenues and profits to offset those expenses. That was the price of a rising OS over the last year. Revenues for shares and investors need to decide on the reward/cost when coming up with a share price. Sirrus radio has a similar share structure with PIHN but trades over $1 based on Revenue they made based on the shares they used to finance it. Should we trade for 1/10,000 th of Sirrus? Seems like investors have not given us any value for the new revenues which officially have not been reported yet in any financial release. There seems to be room for investors to take this stock much higher once these revenues start showing up in the financials starting with this release expected soon. I think it would be a huge success if KUNI can post a profit for last quarter. As for the full year, I think a very good profit will be the goal based on forecast that have been released. Updates on the US acquisition efforts will be highlights to watch for also. A US acquisition has not been factored into any of the forecast and while may cost a few shares to finance it probably investors need to give a value to that new business vs shares given up-especially if a profitable one. Some of the recent shares may have already been raised for that purpose.