TBIN- dd it-new stock-Thursday December 20, 2:38 pm Eastern Time
Press Release
SOURCE: Thoroughbred Interests, Inc.
Thoroughbred Interests, Inc. Announces Approval for Trading on the NASD OTC BB
LOUISVILLE, Ky.--(BUSINESS WIRE)--Dec. 20, 2001--Jim Tilton, President and CEO of Thoroughbred Interests, Inc. (NASD OTCBB:TBIN) is pleased to announce that on November 29, 2001 its stock was approved for trading on NASD OTC Bulletin Board under the ticker symbol ``TBIN''. National Securities of Chicago was the sponsoring market maker and currently makes a market in the Company's stock.
ABOUT THE COMPANY
Louisville, Kentucky based Thoroughbred Interests, Inc.'s core business is acquiring undervalued thoroughbred horses and reselling them either as yearlings, two-year-olds in training or as a racing prospect. This is commonly referred to in the Thoroughbred Industry as ``pinhooking''. Management of the company has established a network of industry veterans to serve as advisors and to help seek and assess potential undervalued opportunities. Generally, the horses are bought at public auctions run by the leading auction companies such as, Keeneland and Fasig Tipton. The horses after being bought are boarded at top training centers and farms to be prepped for resale. Typically, the horses are resold within 6-8 months of being acquired or put in training as a racing prospect with a top trainer. The company presently has horses being trained by top trainers such as, Scott Lake, Steve Asmussen and Jerry Hollendorfer. They are ranked numbers 1, 2 and 3 respectively in the country by trainer wins according to The Daily Racing Form. The company currently has ownership in 30 horses.
SAFE HARBOR PROVISIONS
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
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Contact:
Thoroughbred Interests, Inc., Louisville
Jim Tilton, 502/584-4434
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