Polaris International Holdings (PIHN)

[PennyStockInvestor]

Estimated Market Cap
$1,154,412 as of Sept 20, 2010
Outstanding Shares
3,848,040,366 as of Jun 30, 2010
Authorized Shares
7,000,000,000 as of Jun 30, 2010
Float (shares)
2,000,000,000 as of Sept 2, 2010
Number of Shareholders of Record
65 as of Jun 30, 2010
Number of Beneficial Shareholders
2 as of Mar 31, 2010

Is 7 billion Authorized shares and almost 4 billion Outstanding shares a bit steep for Pihn. IHGP had 7.5 billion. Can someone let me know if that is to high before I invest here.