Polaris International Holdings (PIHN)

[pennyforurthoughts]

Looks to me like Japan ops (Staff IS) are VERY profitable but getting the business going in the US is costing them some coin right now to the tune of approx. $94,300 loss for the year, which nets to about $23,500 every three months. Not that bad. Most start ups take time to become profitable and I've seen much worse numbers with much higher net losses. IF they can close the SoCal acquisition, I think the company will be just fine. I know everyone here wanted GREAT news, including me of course, but its apparent that this is going to take some time to turn the corner and remain profitable. If you want a positive spin on this, it was a fairly small loss overall and Japan ops are nicely profitable. Its obvious Kuni can put together a profitable operation based on Staff IS, but getting established in the US is a challenge right now. I'm holding for what IMO will be good news and progress down the road, but again that's just my opinion. I won't sell this for a loss and my average is .000548. I know practicing patience is tough, but if you've put some speculative money on this company, and the price continues to channel in the 2-4 range, then what is the harm in waiting? I for one do not believe that PIHN is a scam and some will call it such. Times are tough right now........we all know that. To each his/her own. Just trying to inject some calmness here. Wish all of you the best of luck.......I'm staying.