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Harness Racing / Re: THE STABLE RETURN ON INVESTMENT
« Last post by Sweet on Today at 06:53:18 AM »My concern truly is that this organization could be construed as a security by the SEC There are many instances that it is but they could argue unlimited liability. Selling shares on a website could be a real problem. Fees and complete control is another issue. The paperwork must somehow get around the security issue. The SEC and state SEC could investigate this. As you know innocent until investigated.
Equine Co-Ownership (myracehorse)
https://www.sec.gov/Archives/edgar/data/1744448/000168316819002261/myracehorse_ex0618.htm

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