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boldruler 07-17-2006 01:40 PM

Posttimeracing partnerships Question
 
JJ Graci, the guy who does the show with the guy who runs this site has an interesting partnership where you buy a horse for 4 months. You figure if you could buy a horse for 4 months the cost is around $1000 for 10% for each horse for 4 months.

Anyone here interested in putting up some money. You figure if 10 people put up only $100 we can have 10% of a horse to follow. I believe you have to buy an interest in 3 horses or something like that but even a few hundred dollars could get everyone in. Obviously some might want to buy a larger interest.

Maybe Steve Byk could coordinate this considering he works with him. He could post how this might work for us.

Anyone interested? This would make everyone a horse owner.

eurobounce 07-17-2006 01:49 PM

Quote:

Originally Posted by boldruler
JJ Graci, the guy who does the show with the guy who runs this site has an interesting partnership where you buy a horse for 4 months. You figure if you could buy a horse for 4 months the cost is around $1000 for 10% for those 4 months.

Anyone here interested in putting up some money. You figure if 10 people put up only $100 we can have 10% of a horse to follow. I believe you have to buy an interest in 3 horses or something like that but even a few hundred dollars could get everyone in. Obviously some might want to buy a larger interest.

Maybe Steve Byk could coordinate this considering he works with him.

Anyone interested? This would make everyone a horse owner.

I wouldnt want to own a horse just for 4 months. Heck, you might not even get to see the horse race. My 10% was only $2400.

Samm 07-21-2006 09:21 AM

Quote:

Originally Posted by eurobounce
I wouldnt want to own a horse just for 4 months. Heck, you might not even get to see the horse race. My 10% was only $2400.

Post Time has raced like 4 times already... won the first outing! That horse Perfect Red Nails was claimed... so another horse (Cutie's Cloud) was claimed for the partnership. Next week they will have 2 running... Here's the difference... we retained 7 shares so its our money too! We need to run and win to make this deal worthwhile for us... The best way to partner is if the controlling party is at risk just as much as you!!! Go Post Time!!

Oh... after the 4 months... the horses are sold or turned over... If partners want to roll over they can retain the horses...


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