HORSEPLOP.COM
General Category => Harness Racing => Topic started by: Halfmiler on November 26, 2024, 06:03:57 PM
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The word is out that Luther’s $1.8 mil investment isn’t going to be as profitable as he stated in his video! The horse didn’t pass fertility testing and Luther has to return everyone’s money who had purchased shares. Now one would think that you wouldn’t sell shares until his fertility is confirmed, which would best be done after his racing career is done. He just never seems to learn.
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If true I mentioned this before nobody would invest without a fertility test. You can’t get an accurate one until after 60 days of racing. Luther gets the dumb guy of the year award.
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YES FOUND OUT YESTERDAY
EMAILS AND TEXT WERE SENT OUT TO SHARHOLDERS
REFUNDS COMING ..
THERE WAS A REASON THEY WOOD NOT LET HORSE GET TESTED IF HE WAS SUITABLE FOR BREEDING .
THINK PREVIOUS OWNERS KNEW ? I BETCHA THEY DID ..
LUTHER BROTHERS ARE GOOD PEOPLE ,,GOOD FOR RACING ..
TERRIBLE THIS IS THE RESULT..
FROM WHAT I HAVE BEEN TOLD ,,LIMITED STALION DUITES A YR COULD BE UP TO 30 TO 40 PROBALY A LOT LESS MAYBE IN HIGH TEENS LOW 20'S A YR,,,
PREV OWNERS CLEANED UP,,, BUT LEFT A BAD TASTE IN THE MOUTHS OF POTENTIAL BUYERS IN UP COMIN YRS
SHOULD HANOVER DEMAND SUITABLE FOR STALLION DUTIES FROM NOW ON ? JUST ASKING
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Previous owners never tested. Why would they? He’s not a commercially viable stallion. DC has an out if Karl doesn’t pass fertility. So did Hanover with Sig Sauer who has already passed. No major farm would buy a stallion without one.
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The breeders already had suspicisions that this horse was going t have fertility issues because he had very small testicles. Its a tell tale sign in stallions when it comes to semen production and fertility. It was very obvious and I guarantee any breeding farm would have looked when he was at Harrisburg before they made any offers or deals.
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I have never heard 60 days of no racing for fertility testing? I always thought soon to be studs were fertility tested during GC meet at Lexington so they new early on how to promote and advertise?
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They never test while racing Karl, TCI, Winner’s Bet and Captain Albano haven’t been tested yet. Anyone that has bought a share in them already if they fail money will be refunded. The farm also has an out on them if they fail also. As far as Amazing Catch he won only three of eighteen starts not sure if anyone other than Luther was breeding to him anyway which he can probably still do.
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Sounds like nobody ever heard of first-year/initial-year infertility coverage. LOL.
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I thought something was suspicious when I inquired, and he refused to send a contract or memorandum of understanding. Just send the money. He told everyone that the horse was tested and good to go. Glad I walked away.
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I thought something was suspicious when I inquired, and he refused to send a contract or memorandum of understanding. Just send the money. He told everyone that the horse was tested and good to go. Glad I walked away.
We were there. Previous Partners wood not tell anyone nothin
We tried and asked he several times. Even dr J trued to help us
Previous owner wood not budge on any info
Erv looked at him For us. Plus three vets Plus our stallion management team leader also looked at his sack was really small
We still went to 900k stop there
Harris and Luther duked it out Till last bid
Prev owner gave nobody no info
Facts
They just wanted out of their partnership
With out divulging any type of info
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We were there. Previous Partners wood not tell anyone nothin
We tried and asked he several times. Even dr J trued to help us
Previous owner wood not budge on any info
Erv looked at him For us. Plus three vets Plus our stallion management team leader also looked at his sack was really small
We still went to 900k stop there
Harris and Luther duked it out Till last bid
Prev owner gave nobody no info
Facts
They just wanted out of their partnership
With out divulging any type of info
How did Marvin and Al have such a bad falling out? What's behind all this???
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buyer beware
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How did Marvin and Al have such a bad falling out? What's behind all this???
I don't know the reason but this has been coming for a few years. I noticed that Al seemed to go off on his own and when Marvin ended up with Brittany with no Al the writing was on the wall.
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I have never heard 60 days of no racing for fertility testing? I always thought soon to be studs were fertility tested during GC meet at Lexington so they new early on how to promote and advertise?
I though so to....I remember during the GC meet at Lex it was always an opportune time to test the semen of some of the local studs.
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I though so to....I remember during the GC meet at Lex it was always an opportune time to test the semen of some of the local studs.
Exactly I specifically remember chatter in the 90's at the sales that so and so test bred and he's good to breed 400 mares or he can't get anything in foal. This whole 60 days after racing to get test levels higher is BS. Intense training increases testosterone levels in the athletes. What people are saying is "Let him have 60 days off to get fat and happy and his test levels will go to the moon?" LOL Someone missed science class on the day they taught hormones.
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Exactly I specifically remember chatter in the 90's at the sales that so and so test bred and he's good to breed 400 mares or he can't get anything in foal. This whole 60 days after racing to get test levels higher is BS. Intense training increases testosterone levels in the athletes. What people are saying is "Let him have 60 days off to get fat and happy and his test levels will go to the moon?" LOL Someone missed science class on the day they taught hormones.
Grandpa always said you had to give them time to get all the crap out of their system that they had been pumped with to race
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This guy Luther is living proof that money doesn’t come with instructions. He is the dumbest guy in racing no doubt. A complete laughing stock. If he didn’t have deep pockets from other things he would never be heard of. Idiot.
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You are 100% correct! He always wants to act like a big shot but makes poor decisions and looks like a total idiot. Just like buying a Catch the Fire yearling by jumping the bid up $100k higher just to say he had the highest priced yearling at the sale and by his stallion. No one was
Even bidding against him!! And the colt never amounted to anything!!
The list of his dumb moves goes on and on! Hard to imagine his cash flow will last forever at the rate he’s shelling out the cash.
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You are 100% correct! He always wants to act like a big shot but makes poor decisions and looks like a total idiot. Just like buying a Catch the Fire yearling by jumping the bid up $100k higher just to say he had the highest priced yearling at the sale and by his stallion. No one was
Even bidding against him!! And the colt never amounted to anything!!
The list of his dumb moves goes on and on! Hard to imagine his cash flow will last forever at the rate he’s shelling out the cash.
your wrong on this horse
hes doing well with him racing when he was and breeding
he has made some monumental errors,,like payi ng 500k for the indy bred colt last yr WHY NOT NOW,,
BUT catch the fire hes in the black on
i believe
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This guy Luther is living proof that money doesn’t come with instructions. He is the dumbest guy in racing no doubt. A complete laughing stock. If he didn’t have deep pockets from other things he would never be heard of. Idiot.
And his brother would be cleaning stalls! tmbz1
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This business venture won’t last forever
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Seems to have unlimited funds. Is there a breaking point?
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Will Amazing Catch go down as a top 5 worst purchase in harness racing history? Or is it too early to say? Doesn’t look great so far.
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Gotta ask: How many pages back did you go to dig that beauty out? ;D I'm guessing page 40.
Not saying it's a bad topic, just knew that it had to come from the archives. Please let me know the answer.
Love guessing on shit like that, but not hungry enough to sift thru all that myself to find it. ;D
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Will Amazing Catch go down as a top 5 worst purchase in harness racing history? Or is it too early to say? Doesn’t look great so far.
Horse trots in 151 in it’s 2nd start this year, so maybe too early to say.
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Gotta ask: How many pages back did you go to dig that beauty out? ;D I'm guessing page 40.
Not saying it's a bad topic, just knew that it had to come from the archives. Please let me know the answer.
Love guessing on shit like that, but not hungry enough to sift thru all that myself to find it. ;D
Search feature takes 30 seconds. tmbz1
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Seems to have unlimited funds. Is there a breaking point?
Loves the game
But this was not a great purchase
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this was just a bad purchase. A good horse but not a great horse last year. Luther thought he was buying Sig Sauer but the horse is chasing Elista Hanovers blond tail at this point.
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He's the type of guy that should be setting up and funding aftercare facilities instead of breeding for fun. That's the only way he widely respected IMO tmbz1
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Why do you jerks worry about how some one spends their money I am sure he not worried.
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Luther is fed up with Ake. Trainer change in the future is definitely on the table.
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Ake got his money. Need to move the horse to Noel Daley. He is on fire
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Luther is fed up with Ake. Trainer change in the future is definitely on the table.
If the horse was worth a fuck Ake would have bought in. Horse wouldn’t beat open horses at Hoosier or scioto. Easy to blame others for bad decisions
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Horse just made a colt break at the quarter racing at Dayton in NW condition
has to be the biggest bust ever......
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He looked like shit tonight
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amazing catch is a worse buy than maverick at $1m and thats saying something
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You can always make more money.
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Bad decision from jump, and it just got worse. If the horse was really a top horse, there were several potential buyers who would be interested. He simply wasn't. Poor due diligence, Luther was on the horse, the price got run up, and it was a bust. Unfortunately, it happens a lot. The business ends up losing what could have been a very good owner.
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Every former multi millionaire who is now broke started their decline with reckless spending!WORD!!
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Bad decision from jump, and it just got worse. If the horse was really a top horse, there were several potential buyers who would be interested. He simply wasn't. Poor due diligence, Luther was on the horse, the price got run up, and it was a bust. Unfortunately, it happens a lot. The business ends up losing what could have been a very good owner.
His dumb ass isn’t going anywhere he will keep over spending on trash
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Maybe. My experience is that no matter how much they enjoy the sport and the business, eventually, they just get tired of writing checks, no matter how much money they have. Or, they eventually find some money losing proposition they enjoy more. LOL. I guess we'll see. For as long as he's here, he'll be a target.
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Why do you jerks worry about how some one spends their money I am sure he not worried.
I seriously doubt that any plopsters "Worry" about Luther's money! You must be looking for a handout from him for sticking up for him SMH!
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i would assume there was a underbidder
i would assume the underbidder was andrew harris group
no way someone is "running him up" to that level
any running up would have stopped at about $1m or so
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Most times there is an underbidder. Sometimes there isn't. LOL. I am not saying there wasn't, but everyone knew who was on the horse. Neither Katz or Libfeld had to worry about getting premium dollars on this horse. Ake was the X-factor, LOL. Anyway, when you have one or two people on a horse, sometimes the auctioneer will simply add a bid. If it keeps going, it goes. If it doesn't, then they give the back off call. In Harrisburg, there are a few farms that are well known for this, and when you see the back off call, it means it might be a buy-back unless there was a real bidder and they can get them to go one more.
On Amazing Catch, the bidding was frenzied, opened at $200k, and went to a million, million one, rapid fire. I saw Luther bid and then I walked back to the corridor and saw Harris bid. Luther was stone cold and Harris was on the phone. I don't who was a live bid and who wasn't, but an extra bid might have been thrown in there. I don't know. It's not the first or hundredth time it's happened.
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Most times there is an underbidder. Sometimes there isn't. LOL. I am not saying there wasn't, but everyone knew who was on the horse. Neither Katz or Libfeld had to worry about getting premium dollars on this horse. Ake was the X-factor, LOL. Anyway, when you have one or two people on a horse, sometimes the auctioneer will simply add a bid. If it keeps going, it goes. If it doesn't, then they give the back off call. In Harrisburg, there are a few farms that are well known for this, and when you see the back off call, it means it might be a buy-back unless there was a real bidder and they can get them to go one more.
On Amazing Catch, the bidding was frenzied, opened at $200k, and went to a million, million one, rapid fire. I saw Luther bid and then I walked back to the corridor and saw Harris bid. Luther was stone cold and Harris was on the phone. I don't who was a live bid and who wasn't, but an extra bid might have been thrown in there. I don't know. It's not the first or hundredth time it's happened.
No auctioneer is throwing in a bid once over a million. They only do that to the fools on low to mid priced horses
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this is likely the most single worst purchase in history..to think an above average but not that good 3 yo trot is worth a 1.8 million purchase price is sheer stupidity...what breeding value would he even have..he would be an afterthought in a stallion rank already crowded with mediocre horses like him