About / StablesOnline.com Inc is pleased to announce the formation of the Partnership described, pursuant to the Partnership Agreement and Subscription Agreement. The Partnership features seven potentially exceptional thoroughbred racehorses, also to be specifically described in the Subscription Agreement. These select yearlings are believed to have the pedigree and conformation necessary to compete at the highest levels of the racing industry.
The advent of off-track betting and inter-track wagering has increased the earning potential of all racing thoroughbreds. It is intended that the Partnership's horses will initially run at major racetracks in the United States in California, Florida, Kentucky and New York which have off-track and inter-track wagering. In addition to purse structure the Partnership's horses that are successful may yield additional returns through sale or retention of breeding rights as well as eventual sale of the horses themselves.
The horses to be included in the Partnership are yearling colts that have never been raced. These horses are to be purchased by the Partnership at the yearling sales leading public auctions scheduled for July, August and September, 2012, in Lexington, Kentucky and at Saratoga in New York.
Accordingly, with the Potential of Profit, there is significant risk. No estimate can be made as to whether or when a partner investing in the Partnership might receive a cash distribution from the Partnership.