TGJB,

I don't know the details of your deals with owners and potential buyers, but I can tell you the way I would want it if I were a horse buyer that wanted access to TG.

If I were an experienced handicapper and I was analyzing The DRF, watching the races, looking at the charts, looking up detailed pedigree info, stallion and broodmare stats etc... and also wanted to access specific TG figures on request, I would be willing to pay a premium price for them. How much, I am not sure, but it wouldn't be a huge amount.

If I didn't know much about horseracing and wanted to be a totally passive owner that was getting full service advice from TG and you guys were doing "ALL" the research, then I would be willing to pay some kind of commission.

I think there are two types of owners/trainers.

One wants you to give him the name of a horse to buy.

The other already has a horse in mind and wants to do further due diligence on his own.

I think it's possible to cater to both, but it might impact your current deals.