CGLD - Buscar Company
The Buscar Company was founded with the mission of acquiring and developing thoroughbred horses. Headquartered in California, USA,The Buscar Company is in the lucrative business of breeding, selling and racing of stakes level thoroughbreds. The company’s ultimate strategic focus is the development of thoroughbreds that can compete in the Breeders Cup and The Triple Crown series of races; The Kentucky Derby, Preakness Stakes and the Belmont.
The Buscar Company offers investors inside access to the highest levels of Thoroughbred horse racing by creating and managing racing partnerships for a fraction of the time frame and investment cost normally necessary for an individual owner to compete at the premiere racetracks across the country.
The Buscar Company strives to combine hands-on horsemanship with a client service that keeps shareholders continuously updated with their horses’ progress. . The Buscar Company gives every individual an opportunity to be a Thoroughbred owner. Through a unique shareholder experience each individual will be able to be a part of history.
The Vast majority of thoroughbreds are owned by partnerships. Under a partnership, each partner pays for their percentage of the horse and the associated fees and gets their percentage of any winnings. However, the stable managing the thoroughbred typically charges a monthly fee, plus 5% of any winnings and can mark up the price of any given thoroughbred by as much as $50,000. Each partner only owns the percentage of that specific thoroughbred, not of each thoroughbred in the stable.
The Buscar Company Is DIFFERENT. We are the only publicly traded thoroughbred stables. As such, our shareholders are considered owners of all of our thoroughbreds, not just one or two. Additionally, the shareholders are not responsible for the monthly fees associated with the thoroughbreds, or any other costs related to the thoroughbreds. Shareholders can enjoy the excitement of not owning just one thoroughbred but all of The Buscar Companies Thoroughbreds.
Thoroughbred racehorse syndicates have been active in North America since the early 1900s and have become a more common phenomenon in recent years due to the rising costs of purchasing, maintaining and racing a Thoroughbred, especially in urban areas.Racing horses is an exhilarating activity. Profiting from a horse purchase can be very lucrative and exciting.
Traditionally very wealthy individuals have owned racehorses; it has become increasingly common in the last few decades for horses to be owned by syndicates or partnerships. The Buscar Company gives every individual an opportunity to be a Thoroughbred owner. Through a unique shareholder experience each individual will be able to be a part of history.
While horses are sometimes raced purely for sport, a major part of horseracing’s interest and economic importance lies in the gambling associated with it. “A recent study demonstrates the industry generates a worldwide market of around $115 Billion dollars.” The American Horse Council compiled the most recent and comprehensive data on the industry in 2005.
The industry as a whole contributed $101.5 Billion Dollars in US GDP, while race showing, and recreational components contributed between $10.5 Billion to $ 12 Billion, which is the total goods and services produced by the industry. With the presence of such a large market, The Buscar Company plans to capitalize on this opportunity.
The HSC 2005 study showed that the horse industry was comprised of a diverse population. Approximately 34% of horse owners had a household income of $50,000, while just 28% earned over $100,000 annually. The rest had yearly earnings that totaled between $25,000 and $75,000.
Data on thoroughbred auction sales in North America compiled by the JOCKEY Club shows that 1163 weanlings sold in 2013 for an average price of $53,020. The average cost for weanlings was slightly more than $60,000 while brood mares sold for a whopping $81,937 on average.
In 2012, according to the International Federation of Horse Racing authorities, a total of $1,042,641,516 was rewarded in total price money for the year.
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