Polaris International Holdings (PIHN)

[oneinamillion]

I agree. However, if we used the percentages from Q1 on the financials I think we would have been close to being profitable this quarter. The M & E line item would be nice to understand as some stated since it included a $40,000 jump that threw us profit folks off and The Japan profit was at a lower rate than Q1 which accounted for almost another 40K difference. So, we could have been profitable with just those 2 line items staying consistent. Japan business is also project oreinted which means each quarter could have different sales numbers instead of a easily measured growth. Not even sure if there is a seasonal effect on the business. Would like to get more info on that. They are expecting 30% on US business of 500K for 2010. Would like to know what would cause Japan rate to be alot lower this quarter. Think that was key. Did they intentionally sandbag the expenses and margins -so someone can load up- not sure what the reasons would be. Someone accumulating? Or maybe alot of expanding business growth expenses- Japan added a product line service and heavily looking for US expansion.