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Thoroughbred Interests, Inc. Announces Racing Results.


Sports Editors/Business Editors

LOUISVILLE, Ky.--(BUSINESS WIRE)--July 11, 2003

Thoroughbred Interests, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:TBIN TBIN The Bolton Information Network ) which previously announced upcoming races for Della Francesca, of which it owns a minority interest and Soldier Song, of which it owns a majority interest is pleased to announce the results. Della Francesca ran 2nd off a ninety day plus layoff in a $50,000 (+) allowance race at Churchill Downs Churchill Downs, Ky.: see Louisville.  on Wednesday July 2nd. Soldier Song won a $40,000 claiming race Sunday July 6th also at Churchill Downs. In winning the race Soldier Song won $23,320 before jockey, trainer and minority expenses/interests. Both horses are trained by locally based Niall O'Callaghan.

ABOUT THE COMPANY

Louisville, Kentucky

“Louisville” redirects here. For other uses, see Louisville (disambiguation).
 based Thoroughbred Interests, Inc. core business is acquiring undervalued Undervalued

A stock or other security that is trading below its true value.

Notes:
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating.
 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 experienced industry veterans to serve as advisors and to assist in seeking and assessing potential undervalued opportunities. Generally, the horses are acquired at public auctions managed by the leading auction companies such as Keeneland, Fasig Tipton and Ocala Breeders Sales Company. After being bought, the horses are boarded at top training centers and farms to be prepped for resale throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Typically, the horses are resold within 6-8 months of being acquired or placed in training as a racing prospect with a top trainer. The Company presently has horses being trained by Niall O'Callaghan and has previously had horses trained by perennial leading trainers Steve Asmussen, Scott Lake and Jerry Hollendorfer. They were ranked respectively #2, #1 and #4 in the country by trainer wins in 2003 through July 11th according to The Daily Racing Form The Daily Racing Form, LLC (DRF) is a broadsheet newspaper founded in 1894 in Chicago, Illinois by Frank Brunell. The paper publishes the past performances of race horses as a statistical service for bettors on horse racing in the United States. .

SAFE HARBOR Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 PROVISIONS

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates", "expects", "feels", "intends", "plans", "believes", "seeks", "estimates", "scheduled" or variations of such words are intended to identify such forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof, and the Company assumes no obligation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Please refer to the Company's Form 10K and other filings with the SEC for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) at "http://www.sec.gov".
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 11, 2003
Words:518
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