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 Can You Hear Me Now?
  
Location: When you hit the middle of nowhere .. Keep driving | dhdqhllc - 2014-03-28 11:16 AM
Whiteboy - 2014-03-28 11:16 AM LIVE2RUN - 2014-03-28 11:03 AM So a lame gelding just sold for $850k...WOW!!! Good thing he has papers!
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  More bootie than waist!
Posts: 18425
 
Location: Riding Crackhead. | dhdqhllc - 2014-03-28 11:13 AM CYA Ranch - 2014-03-28 11:12 AM ksjackofalltrades - 2014-03-28 11:11 AM JSwantner - 2014-03-28 11:08 AM Thank you FiremansWife for the details of the sale. I'm sure we can all speculate on and on. The good news for Mary and Latte is they remain together. The bad news is that the lawyers (liars) and the court system are still in the picture. I hope that everything will be resolved quickly and that all parties can move forward in peace. Now time for me to get back to work. Really? How can you blame this on lying lawyers? If the contract would have been followed this would have never happened. If you want to blame someone for this mess blame the person that didn't honor the contract.
Giggle....I've gotten a couple posts deleted this morning. I'm on a roll!!! |
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Regular
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| Ashley Lynn - 2014-03-28 11:15 AM
I am having a hard time believing any of this. NO business minded individual would pay this much money for a GELDING that is currently injured, I WOULD HOPE! Even if he has a fantastic career ahead of him and wins the world 5 more times, he will NEVER win that money back. I believe fully in the sale, however I think the price was a serious case of GRANDSTANDING. I know what Stitch brought when he was sold as a sound horse with more world titles under his belt, it was no where near 850k!!!
Don't you get it? Apparently all that is basically paid for him is 85k, some court costs and lawyers costs. And then I guess down the road there may be a separate judgement |
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 Life Saver
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Location: MT | I am curious what the amount of the starting bid was. Any chance you heard what it was firemanswife? |
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Location: Great NW | Whiteboy - 2014-03-28 9:16 AM LIVE2RUN - 2014-03-28 11:03 AM So a lame gelding just sold for $850k...WOW!!! Good thing he has papers!
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Industrial Srength Barrel Racer
Posts: 7268
| dhdqhllc - 2014-03-28 11:16 AM Whiteboy - 2014-03-28 11:16 AM LIVE2RUN - 2014-03-28 11:03 AM So a lame gelding just sold for $850k...WOW!!! Good thing he has papers!
But - will his clone? |
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Elite Veteran
Posts: 1072
Location: AL | I had thought the point of today's auction was to give an actual $$ value to this LLC's only asset (since the judge didn't want to do this and Cheri's figure to settle was $250,000 "reportedly") to dissolve the LLC/contract; Cheri's part of LLC 10%. So, Cheri gets the 10% plus there's additional undetermined settlement, just asking. |
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| I was told two weeks ago I think it was $750k |
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Location: on the fine line between insanity and geniusness | TxBronc - 2014-03-28 11:18 AM Ashley Lynn - 2014-03-28 11:15 AM I am having a hard time believing any of this. NO business minded individual would pay this much money for a GELDING that is currently injured, I WOULD HOPE! Even if he has a fantastic career ahead of him and wins the world 5 more times, he will NEVER win that money back. I believe fully in the sale, however I think the price was a serious case of GRANDSTANDING. I know what Stitch brought when he was sold as a sound horse with more world titles under his belt, it was no where near 850k!!! Don't you get it? Apparently all that is basically paid for him is 85k, some court costs and lawyers costs. And then I guess down the road there may be a separate judgement
My issue with it is... what idiot would run him that far?? What would you do in the event that you were the one stuck with him at 849k with the prayer that Byron or whomever was bidding on their behalf hit him again? I would have let him go for that kind of money!! He is a GELDING!! That has ONE world title under his belt. |
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Life Saver
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Location: MT | Firemanswife - 2014-03-28 10:22 AM I was told two weeks ago I think it was $750k
Thanks, interesting to know. |
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 Pressing the Like Button
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Location: Ferris, TX | George straight was not here. |
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 That's White "Man" to You
Posts: 5515
| I wonder what that price will do to her insurance premium.
Agent: I'm sorry ma'am your policy now cost $80K per year. Good luck at the finals! |
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 Scorpions R Us
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Location: So. Cali. | yippeej - 2014-03-28 9:24 AM George straight was not here.
But was George Strait?
Sorry...had to |
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 Always Off Topic
Posts: 6382
Location: ND | TxBronc - 2014-03-28 11:18 AM Ashley Lynn - 2014-03-28 11:15 AM I am having a hard time believing any of this. NO business minded individual would pay this much money for a GELDING that is currently injured, I WOULD HOPE! Even if he has a fantastic career ahead of him and wins the world 5 more times, he will NEVER win that money back. I believe fully in the sale, however I think the price was a serious case of GRANDSTANDING. I know what Stitch brought when he was sold as a sound horse with more world titles under his belt, it was no where near 850k!!! Don't you get it? Apparently all that is basically paid for him is 85k, some court costs and lawyers costs. And then I guess down the road there may be a separate judgement
the court and lawyer costs that one may end up paying could wel exceed 85K..... |
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 Vodka for Lunch
Location: Lala Land | I saw a post on Byron's FB asking if you can get rid of a freeze brand.... pretty tacky |
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More bootie than waist!
Posts: 18425
Location: Riding Crackhead. | rodeomom3 - 2014-03-28 11:22 AM CYA Ranch - 2014-03-28 11:12 AM ksjackofalltrades - 2014-03-28 11:11 AM JSwantner - 2014-03-28 11:08 AM Thank you FiremansWife for the details of the sale. I'm sure we can all speculate on and on. The good news for Mary and Latte is they remain together. The bad news is that the lawyers (liars) and the court system are still in the picture. I hope that everything will be resolved quickly and that all parties can move forward in peace. Now time for me to get back to work. Really? How can you blame this on lying lawyers? If the contract would have been followed this would have never happened. If you want to blame someone for this mess blame the person that didn't honor the contract.
I was thinking the same thing. They aren't out anything except they've gained publicity and a pitty party. Shazaaaam |
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 Shipwrecked and Flat Out Zapped
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Location: DUMPING CATS AND PIGS IN TEXAS :) | yippeej - 2014-03-28 11:24 AM George straight was not here.
Well, that's a big buzz kill...... |
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Always Off Topic
Posts: 6382
Location: ND | another interesting thing about this is the precedent it sets for horses of this caliber and their valuation...... |
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 Texas Lone Star
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Location: where ever my L/Q trl is parked | dhdqhllc - 2014-03-28 11:16 AM Whiteboy - 2014-03-28 11:16 AM LIVE2RUN - 2014-03-28 11:03 AM So a lame gelding just sold for $850k...WOW!!! Good thing he has papers!
isn't that the truth..... a candidate of cloning for sure.   |
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BHW's Simon Cowell
Location: The Saudia Arabia of Wind Energy, Western Oklahoma | Ashley Lynn - 2014-03-28 11:22 AM TxBronc - 2014-03-28 11:18 AM Ashley Lynn - 2014-03-28 11:15 AM I am having a hard time believing any of this. NO business minded individual would pay this much money for a GELDING that is currently injured, I WOULD HOPE! Even if he has a fantastic career ahead of him and wins the world 5 more times, he will NEVER win that money back. I believe fully in the sale, however I think the price was a serious case of GRANDSTANDING. I know what Stitch brought when he was sold as a sound horse with more world titles under his belt, it was no where near 850k!!! Don't you get it? Apparently all that is basically paid for him is 85k, some court costs and lawyers costs. And then I guess down the road there may be a separate judgement
There are people out there with lots of money. The contending bidder has bought high profile horses in the past. They probably knew that the Walkers were going to buy him back, why not make them pay? It isn't over by a long shot. Now they probably ought to be worried about the other suit. |
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