Quote:
|
Originally Posted by horseofcourse
Thanks...so each horse would have a separate Partnership. So at the end of the term...end of '07 in Sumwons case and whenever for the NY bred, whatever money these horses earn the partnership..either racing or being claimed, it is put to a vote at the end of the term what to do with said money??, be it re-investing in more horses or ending the partnership whatever the case may be??
|
Yes.. BUT.. I would remind everyone we don't expect to be making any money doing this.. It is a partnership designed for ownership experience and our collective pleasure going to the races. If money gets made, it's going to be a surprise.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
|