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  #21  
Old 04-07-2008, 11:17 AM
Scav Scav is offline
Saratoga
 
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Quote:
Originally Posted by Coach Pants
...and they would've got away with it too if it wasn't for that meddling scavs!
LOL....

Brain was fried from staring at a computer and idea popped into my head so I said why the heck not and run with it.

Memphis up to -2, more in Sports Bar and Grill
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  #22  
Old 04-07-2008, 09:26 PM
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SOREHOOF SOREHOOF is offline
Fairgrounds
 
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I think the death bed theory sounds great. The man needs not for money . A horse like this comes around ... like how often in anybody's lifetime? He Obviously loves the sport. Plus how much more will that fee be if he keeps on winning? It's the ultimate gamble for an owner. If he breaks down he goes out a legend, and if he keeps running he adds to it. $$$$$$ !
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  #23  
Old 04-07-2008, 11:20 PM
Danzig Danzig is offline
Dee Tee Stables
 
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Quote:
Originally Posted by Scav
Are you out of your mind in regards to the same amount via a stud deal? Do you realize how much horses make at stud, lets say he stands for 100k to start, and covers 200 mares, all realistic numbers, that is 20 million, IN HIS FIRST YEAR, and lets say he can cover mares for 10 years, that is 200 million, that is 50 million just for 25%, do you realistically think they were bought out for 50 million? And what happens if he turns into a 250k stallion, thus numbers increase by 2.5.....

20% of 200 million is 40 million, 20% of 10 million is 2 million for these plantiffs,
i'd imagine jess jackson bought them out for what a stud farm would have bought them out for. obviously not the type of numbers you're putting up there-and you also need to recall when the buyout was done-all the risk at that point was on jackson, none on bolton and sanan.
also, stud fees are based on the first few years, when you 'get out' on a horse. you're seriously telling me that a stud horse makes 200 million in ten years?

also, could you name one proven sire by smart strike?
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  #24  
Old 04-07-2008, 11:33 PM
ELA ELA is offline
Randwyck
 
Join Date: Oct 2006
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Quote:
Originally Posted by Kasept
George Bolton got out simply because of the risk of running the year v. the lucrative financial reward. Can't say about Sanan.

And the plaintiffs have NOT lost every motion they've filed. Expect Angela Ford back on ATR this week..
Steve, while I am not a practicing attorney and don't play one on TV or the internet, I can say that I've spoke with enough people who -- let's just say -- know enough about the case to speak to the issues. I certainly understand them from legal perspective. My "every motion" comment refers directly to the motions to compel to act. They have not won one. Yes, they have won a motion to produce documentation, be kept abreast of the status, etc. -- all hollow, meaningless victories in this situation. I would hope that whatever monies were attributable to the 20% interest in question -- purse monies -- those monies were "attachable" so to speak. Of course it's not that simple.

I don't think we will see the plaintiffs and their legal counsel be able to force a liquidation, or get their hands on the lever of control. Nor will we see them be able to obtain dollars attributable to anything over and above their 20%.

I would take everything said from either side's legal counsel -- with a grain of salt, not because of anything personal, but only because it's S.O.P.

I can understand that reasoning from Bolton. It makes all the sense in the world for some, many, etc. people. I don't know anything about Sanan and his decision as I said. However, I am not sure I see anything changing the direction of where this is going now.

Eric
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  #25  
Old 04-07-2008, 11:36 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by Scav
Are you out of your mind in regards to the same amount via a stud deal? Do you realize how much horses make at stud, lets say he stands for 100k to start, and covers 200 mares, all realistic numbers, that is 20 million, IN HIS FIRST YEAR, and lets say he can cover mares for 10 years, that is 200 million, that is 50 million just for 25%, do you realistically think they were bought out for 50 million? And what happens if he turns into a 250k stallion, thus numbers increase by 2.5.....

20% of 200 million is 40 million, 20% of 10 million is 2 million for these plantiffs,
Your numbers are fantasy
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