Author Topic: Stable.Ca stiffs  (Read 6142 times)

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Stan durbread

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Re: Stable.Ca stiffs
« Reply #30 on: December 18, 2023, 08:05:53 PM »
The excessive nickel and dimeing for everything is what put me off from going with AMac.
I thought he always advertised $2000 a month all in

titans1127

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Re: Stable.Ca stiffs
« Reply #31 on: December 18, 2023, 08:34:54 PM »
I thought he always advertised $2000 a month all in
Website shows $2575(assuming thats canadian dollars) plus the cost of vet work, shipping and stake payments.  Plus you're always stuck having him drive instead of using top catch drivers which is what he should be using when the big money is on the line.

brownmoose13

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Re: Stable.Ca stiffs
« Reply #32 on: December 18, 2023, 10:11:16 PM »
1. You will never get Amac to tell the purse money won and what he billed the investors. Why would he want to admit that the stable lost maybe $2M or more. When Amac said he had a great year he is telling the truth..HE and only HE had a great year or should I say his bank account.
2. Brave World is owned by 2 guys in New York and if something happens they are legally responsible or at minimum they have a legal fight on their hands over responsibility.
3. Notice when you present facts about Amac the lackeys (PHP)  put their tails between their legs and run.

brownmoose13

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Re: Stable.Ca stiffs
« Reply #33 on: December 18, 2023, 10:15:53 PM »
Website shows $2575(assuming thats canadian dollars) plus the cost of vet work, shipping and stake payments.  Plus you're always stuck having him drive instead of using top catch drivers which is what he should be using when the big money is on the line.

According to Amac, in his own words. a horse needs to make between $35K-$40K to break even and thats US dollars

COUNSELOR

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Re: Stable.Ca stiffs
« Reply #34 on: December 19, 2023, 01:49:03 AM »
I HAVE NEVER SEEN ANY PARTNERSHIP AGREEMENT OR THE STRUCTRE OF THE STABLE BUT MY CONCERN WOULD BE IS THIS A "SECURITY?"  THE DEFINITION OF A SECURITY BY THE SEC SURE CAN BE INTERPRETED IN A FASHION THAT THIS INVESTMENT IS A SECURITY.

THESE FOLKS:
1.  ADVERTISE THEIR UNITS ON A PUBLIC FORUM
2.  PROVIDE AN EXCHANGE TO SELL THE UNIT
3.  THE INVESTORS HAVE ZERO INPUT INTO THE MANAGEMENT OF THE HORSE
4.  IS THIS INVESTMENT REGISTERED WITH THE SEC?
5.  ARE THESE QUALIFIED INVESTORS WITH VARIOUS REQUIRED FINANCIAL DATA?

I AGAIN HAVE NEVER SEEN THIS PARTNERSHIP----OR ORGANIZATION ----POSSIBLY THESE FOLKS HIRED GOOD COUNSEL TO PROVIDE A LEGAL OPINION ON THEIR BUSINESS MODEL AND STRUCTURE.    IF NOT----THESE ISSUES COULD PROVE THIS IS A SECURITY AND IF SO????  HUGE PROBLEM   ANOTHER TRUEE BLACK EYE TO AN INDUSTRY!!!!!

HOPEFULLY, THESE FOLKS HAVE A GREAT ATTORNEY AND THE STRUCTURE IS LEGAL.

PurpleSheetPicks

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Re: Stable.Ca stiffs
« Reply #35 on: December 19, 2023, 02:07:13 PM »
Sintra
Brave World
Patrikthepiranah
Lincoln James


3 decent buys out of those 4

lol
low bar of decent
how much was the sintra purchase price
lincoln james is a 7500 claimer

PurpleSheetPicks

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Re: Stable.Ca stiffs
« Reply #36 on: December 19, 2023, 02:08:20 PM »
I thought he always advertised $2000 a month all in
4k a month easy
my horse with him had 2 firsts and a second one month and i broke even

Mailbox Money

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Re: Stable.Ca stiffs
« Reply #37 on: December 19, 2023, 02:14:58 PM »
The excessive nickel and dimeing for everything is what put me off from going with AMac.
tmbz1 tmbz1

HarnessFan1981

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Re: Stable.Ca stiffs
« Reply #38 on: December 19, 2023, 02:24:34 PM »
lol
low bar of decent
how much was the sintra purchase price
lincoln james is a 7500 claimer

Sintra was bought for 76K US in July 2022 i do believe

dinkadoo

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Re: Stable.Ca stiffs
« Reply #39 on: December 19, 2023, 02:34:44 PM »
1. You will never get Amac to tell the purse money won and what he billed the investors. Why would he want to admit that the stable lost maybe $2M or more. When Amac said he had a great year he is telling the truth..HE and only HE had a great year or should I say his bank account.
2. Brave World is owned by 2 guys in New York and if something happens they are legally responsible or at minimum they have a legal fight on their hands over responsibility.
3. Notice when you present facts about Amac the lackeys (PHP)  put their tails between their legs and run.
that's nothing compared to how much the big stables buying super priced that turned out to either not race or be duds.
want to go broke by a horse or a boat.

rainman2

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Re: Stable.Ca stiffs
« Reply #40 on: December 19, 2023, 04:20:15 PM »
According to Amac, in his own words. a horse needs to make between $35K-$40K to break even and thats US dollars

At $ 60/day, $ 45000 is a more realistic figure with no stakes payments and shipping.

rainman2

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Re: Stable.Ca stiffs
« Reply #41 on: December 19, 2023, 04:21:22 PM »
I thought he always advertised $2000 a month all in

A more realistic figure is $ 3000/month + shipping and vet.

titans1127

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Re: Stable.Ca stiffs
« Reply #42 on: December 19, 2023, 04:34:14 PM »
I wonder how many horses had stake payments made yet spent all summer in NW1's on the Ontario B circuit.

Swandre

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Re: Stable.Ca stiffs
« Reply #43 on: December 19, 2023, 05:45:01 PM »
lol
low bar of decent
how much was the sintra purchase price
lincoln james is a 7500 claimer

and people couldn’t wait to buy a share and own a piece of a gold cup horse.
especially Sintra. who won it.
supply and demand bud.

brownmoose13

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Re: Stable.Ca stiffs
« Reply #44 on: December 19, 2023, 05:59:05 PM »
The other extra people are missing is shoeing. I agree big stables lose big money with people that buy 25%, 50%, or all of a horse not suckering people into buying a little love it alot but as PT Barnum said there is a sucker born every minute.
Even if a bill is $4K or $5K per month which includes everything the stable can think of to charge clients Amac knows that at 1% who is going to complain about $40.00 or $50.00 and if they do too bad. Keep in mind that according to his website owners  are not allowed to talk among themselves. He cites privacy issues  or in plain English Amac does not want these little people ganging up on him as a group. One on one he can swat them away like a fly but he cannot handle a swarm of bees

 

shout out

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