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Has he moved his family to Cleveland.
He rents a house just south of Northfield. At times other guys from Canada use the place when they're in the area if he's not using it. Actually, he's had overall a very good year of racing.
He appears to be having a lil tougher time this year selliG hi s Lexington buckets. But I actually watched a video of him after the Ohio Sale and what set me back was he was talking about how much time he puts into a sale and says he bud on over 80 yearlings. What? That tells you all he’s doing is buying numbers, I’ve been to many sales buying and if you found 80 to bid on you are not doing your homework. Again proof he’s just making sure he comes out of a sale with a certain number not value.
That project is built on a sink hole! It's just a matter of time before a dissatisfied member with a sizable interest and a sharp Attorney get a court order to audit the books.
If you mean Amac when you say he's having a good year you are right...he has a good year every year as long as the 1% sheep stay involved. Did you ever notice $$$$ are never discussed but Amac's own admission it costs $35K-$40K per year for each horse and with about 150 horses you do the math. He charges his 1%ers for everything and I do mean everything including his daily Starbucks (buried under other expenses.Amac could be in trouble if and when they pass that only the person that owns the highest % of ownership in a horse can be the corresponding officer and have complete say. Also there is a movement that even if you own 1% of a horse you must get a license for each state the horse races in. The feeling is if you own, you are an owner and will be treated like any other owner, not someone who wants to brag they own part of a horse and get your picture taken in the winners circle.Ever notice how Amac has never mentioned the positive McGinnis got or how his $50K and over purchases do and there are many. His house of cards may soon start to crumble but by then he probably has stashed away enough money. He should change the name for The Stable.ca to OPM stable..Other peoples money. He must have something up his sleeve since the majority of the horses he bought in Ohio were signed by The Stable International Racing Group or something like that but as PT Barnum said a sucker is born every minute!!
I think the majority just wish to have a pleasant time owning a racehorse.For a relatively small fee you can participate.The conductor must make a reasonable profit.Min 20% to 30% after the dust settles.Like a casino or a restaurant...for enjoyment and recreational purposes.Have your credit card/check book ready.and have a good time...win or lose.