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  Queen Boobie 2
Posts: 7521
  
| wyoming barrel racer - 2014-03-17 7:23 AM So I am going to throw something out there. Won't the Brazillians be all over him or will he lack any value to them because he is a gelding?
It's my understanding they can't import geldings. |
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| Jan Sigler - 2014-03-17 7:25 AM
Jan Sigler - 2014-03-17 7:15 AM
Has the 10% owner paid any of the expenses to increase his value since the day Mary started riding Latte?
Also, I was told the Walkers had made a 6 figure offer to buy out the 10%.
Yes, Latte belongs with Mary, regardless of who pays for him at the sale.
Some people are just consumed with Greed and Jealously. Is this sale about money or to take Latte away from Mary??
You are wrong. I'm not saying who the bad guy is here. But I will say look at the past behaviour of one of the parties involved. And you might have a difft take on things |
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Tried and True
Posts: 21185
Location: Where I am happiest | It really isnt quite fair in that obviously, the horse is worth ALOT more now, then he was when the purchase was made. Has the 10% paid 10% of all expences also and 10% of training, care, hauling, vet, shoeing, ect. ect. ect. all this time?
Let this be a lesson to everybody. Never buy, or sell any horse ever with strings attached. EVER. Buy it outright in full, shake hands and part way's or dont buy that horse. |
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Veteran
Posts: 247
Location: Red Oak, Texas 75154 | yellowhorse1 - 2014-03-17 7:33 AM
Jan Sigler - 2014-03-17 7:25 AM
Jan Sigler - 2014-03-17 7:15 AM
Has the 10% owner paid any of the expenses to increase his value since the day Mary started riding Latte?
Also, I was told the Walkers had made a 6 figure offer to buy out the 10%.
Yes, Latte belongs with Mary, regardless of who pays for him at the sale.
Some people are just consumed with Greed and Jealously. Is this sale about money or to take Latte away from Mary??
You are wrong. I'm not saying who the bad guy is here. But I will say look at the past behaviour of one of the parties involved. And you might have a difft take on things
U did not answer any of my questions?. You went to another subject |
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 Hugs to You
Posts: 7551
Location: In The Land of Cotton | Jan Sigler - 2014-03-17 8:54 AM yellowhorse1 - 2014-03-17 7:33 AM Jan Sigler - 2014-03-17 7:25 AM Jan Sigler - 2014-03-17 7:15 AM Has the 10% owner paid any of the expenses to increase his value since the day Mary started riding Latte?
Also, I was told the Walkers had made a 6 figure offer to buy out the 10%.
Yes, Latte belongs with Mary, regardless of who pays for him at the sale.
Some people are just consumed with Greed and Jealously. Is this sale about money or to take Latte away from Mary??
You are wrong. I'm not saying who the bad guy is here. But I will say look at the past behaviour of one of the parties involved. And you might have a difft take on things U did not answer any of my questions?. You went to another subject
Unfortuantely, I would like answers to - however, unless we know what the original contract said, was the person who owned the 10% supposed to pay 10% of the expenses?
That is the question - and if they were contractually obligated, did they?
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 Famous for Not Complaining
Posts: 8848
Location: Broxton, Ga | bennie1 - 2014-03-16 8:33 AM wyoming barrel racer - 2014-03-17 7:23 AM So I am going to throw something out there. Won't the Brazillians be all over him or will he lack any value to them because he is a gelding? It's my understanding they can't import geldings.
I doubt the Brazilians would be interested in a gelding. They like mare and studs. But I can bet there may be some open riders especially say youth riders parents interested in this caliber of horse.
As for what is right seems something happened and now a wrong is in process of being made right. Sad it has come to this for all involved.
Edited by CJE 2014-03-17 8:05 AM
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 Shelter Dog Lover
Posts: 10277
| 3canstorun - 2014-03-17 7:58 AM Jan Sigler - 2014-03-17 8:54 AM yellowhorse1 - 2014-03-17 7:33 AM Jan Sigler - 2014-03-17 7:25 AM Jan Sigler - 2014-03-17 7:15 AM Has the 10% owner paid any of the expenses to increase his value since the day Mary started riding Latte?
Also, I was told the Walkers had made a 6 figure offer to buy out the 10%.
Yes, Latte belongs with Mary, regardless of who pays for him at the sale.
Some people are just consumed with Greed and Jealously. Is this sale about money or to take Latte away from Mary??
You are wrong. I'm not saying who the bad guy is here. But I will say look at the past behaviour of one of the parties involved. And you might have a difft take on things U did not answer any of my questions?. You went to another subject Unfortuantely, I would like answers to - however, unless we know what the original contract said, was the person who owned the 10% supposed to pay 10% of the expenses?
That is the question - and if they were contractually obligated, did they?
What is also the question is did the Walkers continue to pay to Cheri Cogburn what was agreed upon in the contract. |
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Veteran
Posts: 220
| I was wondering when this would come out again. I posted it about it about two weeks ago and my thread got deleted. I figured they were trying to keep it hush hush. |
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Veteran
Posts: 220
| Oh and to add I also heard starting bid is 750k. |
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Hugs to You
Posts: 7551
Location: In The Land of Cotton | rodeomom3 - 2014-03-17 9:22 AM 3canstorun - 2014-03-17 7:58 AM Jan Sigler - 2014-03-17 8:54 AM yellowhorse1 - 2014-03-17 7:33 AM Jan Sigler - 2014-03-17 7:25 AM Jan Sigler - 2014-03-17 7:15 AM Has the 10% owner paid any of the expenses to increase his value since the day Mary started riding Latte?
Also, I was told the Walkers had made a 6 figure offer to buy out the 10%.
Yes, Latte belongs with Mary, regardless of who pays for him at the sale.
Some people are just consumed with Greed and Jealously. Is this sale about money or to take Latte away from Mary??
You are wrong. I'm not saying who the bad guy is here. But I will say look at the past behaviour of one of the parties involved. And you might have a difft take on things U did not answer any of my questions?. You went to another subject Unfortuantely, I would like answers to - however, unless we know what the original contract said, was the person who owned the 10% supposed to pay 10% of the expenses?
That is the question - and if they were contractually obligated, did they?
Yes it is :)
Were all aspects of the contract kept, from both sides?
The magic question. Just a bad situation all the way around.
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 Warmblood with Wings
Posts: 27846
Location: Florida.. | Southtxponygirl - 2014-03-17 12:55 AM This all sounds like a really screwed up mess and someone really screwed up 
its how rumors fly. then on top of it to read about what others say or feel about it .. its not everyones personal life its theirs.. my opinon.they didnt post it on bhw... there is a reason.. its a private matter..
Edited by Bibliafarm 2014-03-17 8:42 AM
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 Whack and Roll
Posts: 6342
Location: NE Texas | Make no mistake, this is not the first nice horse that has come from Cheri Cogburn's barn. I don't know her personally other than to say "nice run" or smile when riding by at a barrel race, but what I can say is that Cheri played a big part in making Latte what he is. I can remember seeing her trot him through the exhibitions as a colt. Perhaps she's not the name you think of when you think of Latte, but the hard work was done when Mary swung her leg over him for the first time. As a trainer, sometimes it is very hard to set your pride aside, back off and try to win something and you need someone more "fearless" to do this for you to bring a horse from a nice horse to a great horse. This IMO is where Mary comes in. I'm not discounting what she has accomplished on him, but the horse was pretty much finished when she got him. Maybe not seasoned, but finished. As for CL's post about equistat earnings.....that's not a justifiable mark as to the horse's worth, and if so, the Walker's giving $120K for a horse with those meager earnings is insane. Give me a break! And to be honest, I think it was in poor taste to list dollar amounts anyway.
I can assure you that the Cogburns are not attention seeking people who are trying to take away a horse from a deserving person. Bottom line is had the Walker's held up their end of the aggreement, this wouldn't be the situation. They did not. Period. My hope is that someone DESERVING gets the horse. Wouldn't hurt my feelings one bit to see Cheri get him back and for her to spank us even more at our little local barrel races, however she probably just wants to get what she is owed and be done with the deal all together.
Just because Mary suffered personal tragedy (and please understand i'm not taking that lightly....no parent should ever have to endure the pain of losing a child) doesn't maek her the deserving party here. She didn't make the horse....she took him from a very nice horse to a great horse by being able to throw pride aside and just going and trying to win something, but she didn't hold up her end of the agreement. I wish the best for the Cogburns and hope they get what they are owed and pray that Latte finds himself in the hands of someone who will appreciate him for what he is.
Edited by Herbie 2014-03-17 10:09 AM
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 Voice of Reason
Location: NOT at Wal Mart | I heard this, I heard that...... |
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Hungarian Midget Woman
Location: Midwest | Interesting to hear both sides of things.
I'm not sure what to think, as I don't know either party or really anything other than what's posted.... I suppose even our sport's elite racers are not immune from having horse deals go bad at times. |
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 Ms Bling Bling Sleeze Kitty
Posts: 20917
Location: LouLouVille, OK | Herbie - 2014-03-17 8:46 AM Make no mistake, this is not the first nice horse that has come from Cheri Cogburn's barn. I don't know her personally other than to say "nice run" or smile when riding by at a barrel race, but what I can say is that Cheri played a big part in making Latte what he is. I can remember seeing her trot him through the exhibitions as a colt. Perhaps she's not the name you think of when you think of Latte, but the hard work was done when Mary swung her leg over him for the first time. As a trainer, sometimes it is very hard to set your pride aside, back off and try to win something and you need someone more "fearless" to do this for you to bring a horse from a nice horse to a great horse. This IMO is where Mary comes in. I'm not discounting what she has accomplished on him, but the horse finished when she got him. Maybe not seasoned, but finished. As for CL's post about equistat earnings.....that's not a justifiable mark as to the horse's worth, and if so, the Walker's giving $120K for a horse with those meager earnings is insane. Give me a break! And to be honest, I think it was in poor taste to list dollar amounts anyway.
I can assure you that the Cogburns are not attention seeking people who are trying to take away a horse from a deserving person. Bottom line is had the Walker's held up their end of the aggreement, this wouldn't be the situation. They did not. Period. My hope is that someone DESERVING gets the horse. Wouldn't hurt my feelings one bit to see Cheri get him back and for her to spank us even more at our little local barrel races, however she probably just wants to get what she is owed and be done with the deal all together.
Just because Mary suffered personal tragedy (and please understand i'm not taking that lightly....no parent should ever have to endure the pain of losing a child) doesn't maek her the deserving party here. She didn't make the horse....she took him from a very nice horse to a great horse by being able to throw pride aside and just going and trying to win something. I wish the best for the Cogburns and pray that Latte finds himself in the hands of someone who will appreciate him for what he is.
Coming from someone that runs with these people I find your information dead on from others that run there...
It's a matter of public record, unless this gets totally stupid with speculations I think it will stay up.
It's been quiet the read thus far
We all have our thoughts on the subject and sometimes those come out more then facts...
My thoughts... A deal is a deal, when I bought my truck, I borrowed the money, so therefor the bank "owned" my truck till I paid it off. If at any point I choose not to make my payments they will only go so long before they come and get it.
I signed the papers saying I would do it, so I do it... Its just how I roll and Herbie, I couldn't agree with what you said more.
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 Accident Prone
Posts: 22277
Location: 100 miles from Nowhere, AR | justcruzin - 2014-03-17 8:48 AM I heard this, I heard that......
Trust me, not even half the rumors going around have been posted here. I'm actually amazed at the restraint being shown. |
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 Good Grief!
Posts: 6343
Location: Cap'n Joan Rotgut.....alberta | Jan Sigler - 2014-03-18 6:25 AM Jan Sigler - 2014-03-17 7:15 AM Has the 10% owner paid any of the expenses to increase his value since the day Mary started riding Latte?
Also, I was told the Walkers had made a 6 figure offer to buy out the 10%.
Yes, Latte belongs with Mary, regardless of who pays for him at the sale.
Some people are just consumed with Greed and Jealously. Is this sale about money or to take Latte away from Mary??
i agree with this so much........
m
and if i had to pick a "side" i pick latte, i hope this works out the best way for him.............. |
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Elite Veteran
Posts: 1034
| The whole thing is SAD SAD SAD. Lesson learned - I will never buy a horse from someone who insists on retaining a percentage of "interest".
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 More bootie than waist!
Posts: 18425
Location: Riding Crackhead. | We've only heard from one of the parties in this matter and I'll be the first to say I don't know squat about the situation except for what I've read online......BUT. In my mind, if there's a contract or agreement and all parties involved respected that said contract or agreement, there wouldn't be a court ordered auction going on next week. |
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Shelter Dog Lover
Posts: 10277
| HorseMommyFiveO - 2014-03-17 9:12 AM The whole thing is SAD SAD SAD. Lesson learned - I will never buy a horse from someone who insists on retaining a percentage of "interest".
We don't know if she insisted on retaining an interest in the horse or retained an intetest till the horse was paid in full. |
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