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DERBY DREAMING LLC Objective: Purchase a colt(s) in late 2010 to win the 2011 Kentucky Derby by Mind Map: DERBY DREAMING LLC
Objective:  Purchase a colt(s) in late 2010 to win
 the 2011 Kentucky Derby
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DERBY DREAMING LLC Objective: Purchase a colt(s) in late 2010 to win the 2011 Kentucky Derby

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Selection Criteria

Colt

Legitimate two turn pedigree and confirmation

Started at least once

Satisfactory vet exam

Vote by Members for purchases over $500k

Investors

Smaller than a normal WPT deal

$50k min/$500 max cimmittment

$1.0 to $2.5 million expected capitilization

Funds due 48 hours after each purchase

Initial call will be for horse and six months expenses

Manager: West Point Thoroughbreds will manage the horse selection process and the day to day operations of the company

Selection team

Terry Finley

Buzz Chace

"Sheets Consultants"

Various "private sale" agents

Trainer

We will utilize the WPT network to place the colt with a trainer best suited to achieve our goal

Manager Compensation

10% Commission on gross purchase

5% of gross earnings

10% Commission on gross sale (if sold for a profit)