Latest Embarr Downs Inc. (EMBR) Headlines Emb
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Posted On: 03/09/2014 5:49:46 PM
Latest Embarr Downs Inc. (EMBR) Headlines
Embarr Downs Announces Total Purse Amount Increased by 12% in January 2014 and Totaled $1.123 Billion for 2013
GlobeNewswire - Thu Mar 06, 6:09AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that in January 2014 purses were up 12 percent at California tracks and wagering rose 14 percent. In 2013, the total amount of purse money in the United States totaled $1,123,856,097. "Racing in California has been consistently outperforming this year," said Joseph Wade, CEO of Embarr Downs. "This is great news for stables located in California. As a newer stable in California, we are looking forward to capitalize on the increase in the purse money and thereby increasing the dividends to our shareholders."
Embarr Downs Announces the Development of Fantasy Thoroughbred Website
GlobeNewswire - Wed Mar 05, 6:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that it has begun the development of a Fantasy Thoroughbred Website. The Company has retained web developers to begin building the website based on the specifications provided by the Company.
Embarr Downs Provides Quarterly Update
GlobeNewswire - Mon Mar 03, 11:25AM CST
Embarr Downs, Inc. (OTCQB: EMBR), the only publicly traded thoroughbred stable, announced its quarterly update. Embarr Downs began its racing operations on December 20, 2013. In the Company's initial 10 weeks of operations the following milestones were met:
Embarr Downs Announces Upcoming Race on Thursday for Rock Off
GlobeNewswire - Tue Feb 25, 9:24AM CST
Los Angles, February 18, 2014 (GLOBE NEWSWIRE via COMTEX) -- Embarr Downs, Inc. (OTCQB: EMBR) announced today that Rock Off has been entered into the 7 race on Thursday February 27, 2014 at Golden Gate. A copy of the race's Daily Racing Forum can be found here.
Embarr Downs Announces Company's S-1 Declared Effective and Re-pricing of Offered Shares to $0.50 Per Share
GlobeNewswire - Mon Feb 24, 11:36AM CST
The Company's Registration Statement on Form S-1, as amended (File No. 333-192804), was declared effective by the Securities and Exchange Commission at 12:00pm Eastern on February 24, 2014. The Company has entered into preliminary discussions with an investor to provide the Company $900,000 as part of the Company's Registration Statement. As part of the Agreement, the Company shall file a Post-Effective Amendment to reduce the number of shares to 1,800,000 and increase the offering price to $0.50 per share. The agreement is expect to be finalized by March 31, 2014 at which point the issuance pice is expected to be $0.50 per share. Until then, no shares shall be issued from the S-1. Joseph Wade commented, "We believe by reducing the authorized share count and reducing the number of shares being offered and increasing the offering price we will have the funds needed to expand our operations in a manner that secures the interests of our current investors and shareholders."
Embarr Downs Announces Newfound Gold Finished 2nd On February 21, 2014
GlobeNewswire - Mon Feb 24, 9:42AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold finished 2 in the 6 race on Friday February 21, 2014 at Santa Anita. The Company currently has a win percentage of 25% this quarter.
Embarr Downs Announces Reduction of Authorized Share Count By 88%
GlobeNewswire - Mon Feb 24, 7:08AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that the Company has reduced the authorized shares by 88% from 500,000,000 to 60,000,000.
Embarr Downs Announces Its Thoroughbred Newfound Gold is the Morning Line Favorite for Friday's Race
GlobeNewswire - Thu Feb 20, 7:00AM CST
Los Angles, February 18, 2014 (GLOBE NEWSWIRE via COMTEX) -- Embarr Downs, Inc. (OTCQB: EMBR) announces that its thoroughbred, Newfound Gold, is currently the morning line favorite at 2-1 for Friday's Race at Santa Anita. "Friday's race looks tough but we are excited about Newfound Gold's chances and hope to see everyone in the winner's circle," commented Joseph Wade, CEO of Embarr Downs. Shareholders should email us at info@embarrdowns.com or call us at (949) 461-1471 if they would like to attend to the Race or if they would like to visit on any non-racing day.
Embarr Downs Invites Shareholders To Attend Race On Friday
GlobeNewswire - Wed Feb 19, 11:13AM CST
Embarr Downs, Inc. (OTCQB: EMBR) invites shareholder to attend Newfound Gold's race on Friday. Shareholders can also attend the race and spend the day with our management team and join us in the paddock. Additionally, shareholders can join us in the winner's circle for the photos.
Embarr Downs Announces Annual Dividend Payment of $.001 Per Share
GlobeNewswire - Wed Feb 19, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today the Company's Board of Directors has established an annual dividend payment of $.001 to be paid quarterly. The record dates for the payments will be February 28, 2014, May 30, 2014, August 29, 2014 and November 28, 2014. The dividend of $.001 per share shall be paid in equal payments over these quarters. This dividend payment is in addition to the 20% of the purse winnings from the Company's thoroughbreds. The Company will make special dividends to include any purse winnings from its thoroughbreds.
Embarr Downs Announces Upcoming Race on Friday for Newfound Gold
GlobeNewswire - Tue Feb 18, 7:01AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold has been entered into the 6 race on Friday February 21, 2014 at Santa Anita. A copy of the race's Daily Racing Forum can be found here.
Embarr Downs Announces Upcoming Race on Sunday for Street Car
GlobeNewswire - Fri Feb 14, 7:00AM CST
Embarr Downs, Inc. (OTCQB:EMBR) announced today that Street Car has been entered into the 2 race on Sunday February 16, 2014 at Santa Anita. A copy of the race's Daily Racing Forum can be found here.
Embarr Downs Announces Newfound Gold's Workout At Hollywood Park
GlobeNewswire - Mon Feb 03, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold had a workout on January 28, 2014. He ran 4 furlongs in 49.6 seconds. "We were impressed with Newfound Gold's workout and are looking forward to his next race" noted Joseph Wade CEO of Embarr Downs.
Embarr Downs Announces Race Result for January 26, 2014
GlobeNewswire - Mon Jan 27, 7:01AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Rock Off finished 4 in the 2 race on Sunday January 26, 2014 at Golden Gate Fields.
Embarr Downs Announces Upcoming Race on Sunday for Rock Off
GlobeNewswire - Fri Jan 24, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Rock Off has been entered into the 2 race on Sunday January 26, 2014 at Golden Gate Fields.
Embarr Downs Announces Its Thoroughbred, Street Car, Had Fastest Workout at Hollywood Park
GlobeNewswire - Thu Jan 23, 9:00AM CST
Embarr Downs, Inc. (OTCQB:EMBR) announced today that Street Car had a bullet workout on January 21, 2014. He ran 4 furlongs in 47.4 seconds which was the fastest time for the day. "We were impressed with Street Car's workout and are looking forward to his next race," noted Joseph Wade, CEO of Embarr Downs. The Company is currently expecting Street Car's next race will be between February 14 and 17.
Embarr Downs Announces That It Claimed Additional Thoroughbred, Newfound Gold
GlobeNewswire - Wed Jan 22, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that on January 18, 2014 the Company claimed Newfound Gold. Newfound Gold has won 6 times in his career for approximately $100,000 in total winnings. The Company claimed Newfound Gold for $20,000 out of the 3rd race at Santa Anita by winning a four way shake.
Embarr Downs Announces Dividend Payment Date of January 21, 2014
GlobeNewswire - Fri Jan 17, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today the Company's previously announced cash dividend to shareholders of record on January 3, 2014 is expected to be paid on January 21, 2014. On January 16, 2014, the Company notified FINRA that the payment date for the dividend would be January 21, 2014. "This is our first dividend payment and we expect that the payments will increase as we increase the size of our barn," said Joseph Wade, Embarr Downs CEO.
Embarr Downs Announces That It Has Posted a Video Of Its Thoroughbred "Street Car" Galloping On Its Facebook Page
GlobeNewswire - Thu Jan 16, 11:28AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that the Company has uploaded a video of its new thoroughbred Street Car on its Facebook page. The Company's Facebook page can be located at https://www.facebook.com/embarrdowns. The video shows Street Car galloping at Hollywood Park on January 16, 2014.
Embarr Downs Announces That It Claimed A Thoroughbred and Is On Pace To Have 10 Thoroughbreds By The End of June.
GlobeNewswire - Mon Jan 13, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that on January 11, 2014 the Company claimed Street Car. Street Car has won 10 times in his career for approximately $200,000 in total winnings. The Company claimed Street Car for $8,000 out of the 6 race at Santa Anita.
Embarr Downs Announces Total Purse Amount Increased by 12% in January 2014 and Totaled $1.123 Billion for 2013
GlobeNewswire - Thu Mar 06, 6:09AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that in January 2014 purses were up 12 percent at California tracks and wagering rose 14 percent. In 2013, the total amount of purse money in the United States totaled $1,123,856,097. "Racing in California has been consistently outperforming this year," said Joseph Wade, CEO of Embarr Downs. "This is great news for stables located in California. As a newer stable in California, we are looking forward to capitalize on the increase in the purse money and thereby increasing the dividends to our shareholders."
Embarr Downs Announces the Development of Fantasy Thoroughbred Website
GlobeNewswire - Wed Mar 05, 6:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that it has begun the development of a Fantasy Thoroughbred Website. The Company has retained web developers to begin building the website based on the specifications provided by the Company.
Embarr Downs Provides Quarterly Update
GlobeNewswire - Mon Mar 03, 11:25AM CST
Embarr Downs, Inc. (OTCQB: EMBR), the only publicly traded thoroughbred stable, announced its quarterly update. Embarr Downs began its racing operations on December 20, 2013. In the Company's initial 10 weeks of operations the following milestones were met:
Embarr Downs Announces Upcoming Race on Thursday for Rock Off
GlobeNewswire - Tue Feb 25, 9:24AM CST
Los Angles, February 18, 2014 (GLOBE NEWSWIRE via COMTEX) -- Embarr Downs, Inc. (OTCQB: EMBR) announced today that Rock Off has been entered into the 7 race on Thursday February 27, 2014 at Golden Gate. A copy of the race's Daily Racing Forum can be found here.
Embarr Downs Announces Company's S-1 Declared Effective and Re-pricing of Offered Shares to $0.50 Per Share
GlobeNewswire - Mon Feb 24, 11:36AM CST
The Company's Registration Statement on Form S-1, as amended (File No. 333-192804), was declared effective by the Securities and Exchange Commission at 12:00pm Eastern on February 24, 2014. The Company has entered into preliminary discussions with an investor to provide the Company $900,000 as part of the Company's Registration Statement. As part of the Agreement, the Company shall file a Post-Effective Amendment to reduce the number of shares to 1,800,000 and increase the offering price to $0.50 per share. The agreement is expect to be finalized by March 31, 2014 at which point the issuance pice is expected to be $0.50 per share. Until then, no shares shall be issued from the S-1. Joseph Wade commented, "We believe by reducing the authorized share count and reducing the number of shares being offered and increasing the offering price we will have the funds needed to expand our operations in a manner that secures the interests of our current investors and shareholders."
Embarr Downs Announces Newfound Gold Finished 2nd On February 21, 2014
GlobeNewswire - Mon Feb 24, 9:42AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold finished 2 in the 6 race on Friday February 21, 2014 at Santa Anita. The Company currently has a win percentage of 25% this quarter.
Embarr Downs Announces Reduction of Authorized Share Count By 88%
GlobeNewswire - Mon Feb 24, 7:08AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that the Company has reduced the authorized shares by 88% from 500,000,000 to 60,000,000.
Embarr Downs Announces Its Thoroughbred Newfound Gold is the Morning Line Favorite for Friday's Race
GlobeNewswire - Thu Feb 20, 7:00AM CST
Los Angles, February 18, 2014 (GLOBE NEWSWIRE via COMTEX) -- Embarr Downs, Inc. (OTCQB: EMBR) announces that its thoroughbred, Newfound Gold, is currently the morning line favorite at 2-1 for Friday's Race at Santa Anita. "Friday's race looks tough but we are excited about Newfound Gold's chances and hope to see everyone in the winner's circle," commented Joseph Wade, CEO of Embarr Downs. Shareholders should email us at info@embarrdowns.com or call us at (949) 461-1471 if they would like to attend to the Race or if they would like to visit on any non-racing day.
Embarr Downs Invites Shareholders To Attend Race On Friday
GlobeNewswire - Wed Feb 19, 11:13AM CST
Embarr Downs, Inc. (OTCQB: EMBR) invites shareholder to attend Newfound Gold's race on Friday. Shareholders can also attend the race and spend the day with our management team and join us in the paddock. Additionally, shareholders can join us in the winner's circle for the photos.
Embarr Downs Announces Annual Dividend Payment of $.001 Per Share
GlobeNewswire - Wed Feb 19, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today the Company's Board of Directors has established an annual dividend payment of $.001 to be paid quarterly. The record dates for the payments will be February 28, 2014, May 30, 2014, August 29, 2014 and November 28, 2014. The dividend of $.001 per share shall be paid in equal payments over these quarters. This dividend payment is in addition to the 20% of the purse winnings from the Company's thoroughbreds. The Company will make special dividends to include any purse winnings from its thoroughbreds.
Embarr Downs Announces Upcoming Race on Friday for Newfound Gold
GlobeNewswire - Tue Feb 18, 7:01AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold has been entered into the 6 race on Friday February 21, 2014 at Santa Anita. A copy of the race's Daily Racing Forum can be found here.
Embarr Downs Announces Upcoming Race on Sunday for Street Car
GlobeNewswire - Fri Feb 14, 7:00AM CST
Embarr Downs, Inc. (OTCQB:EMBR) announced today that Street Car has been entered into the 2 race on Sunday February 16, 2014 at Santa Anita. A copy of the race's Daily Racing Forum can be found here.
Embarr Downs Announces Newfound Gold's Workout At Hollywood Park
GlobeNewswire - Mon Feb 03, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold had a workout on January 28, 2014. He ran 4 furlongs in 49.6 seconds. "We were impressed with Newfound Gold's workout and are looking forward to his next race" noted Joseph Wade CEO of Embarr Downs.
Embarr Downs Announces Race Result for January 26, 2014
GlobeNewswire - Mon Jan 27, 7:01AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Rock Off finished 4 in the 2 race on Sunday January 26, 2014 at Golden Gate Fields.
Embarr Downs Announces Upcoming Race on Sunday for Rock Off
GlobeNewswire - Fri Jan 24, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that Rock Off has been entered into the 2 race on Sunday January 26, 2014 at Golden Gate Fields.
Embarr Downs Announces Its Thoroughbred, Street Car, Had Fastest Workout at Hollywood Park
GlobeNewswire - Thu Jan 23, 9:00AM CST
Embarr Downs, Inc. (OTCQB:EMBR) announced today that Street Car had a bullet workout on January 21, 2014. He ran 4 furlongs in 47.4 seconds which was the fastest time for the day. "We were impressed with Street Car's workout and are looking forward to his next race," noted Joseph Wade, CEO of Embarr Downs. The Company is currently expecting Street Car's next race will be between February 14 and 17.
Embarr Downs Announces That It Claimed Additional Thoroughbred, Newfound Gold
GlobeNewswire - Wed Jan 22, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that on January 18, 2014 the Company claimed Newfound Gold. Newfound Gold has won 6 times in his career for approximately $100,000 in total winnings. The Company claimed Newfound Gold for $20,000 out of the 3rd race at Santa Anita by winning a four way shake.
Embarr Downs Announces Dividend Payment Date of January 21, 2014
GlobeNewswire - Fri Jan 17, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today the Company's previously announced cash dividend to shareholders of record on January 3, 2014 is expected to be paid on January 21, 2014. On January 16, 2014, the Company notified FINRA that the payment date for the dividend would be January 21, 2014. "This is our first dividend payment and we expect that the payments will increase as we increase the size of our barn," said Joseph Wade, Embarr Downs CEO.
Embarr Downs Announces That It Has Posted a Video Of Its Thoroughbred "Street Car" Galloping On Its Facebook Page
GlobeNewswire - Thu Jan 16, 11:28AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that the Company has uploaded a video of its new thoroughbred Street Car on its Facebook page. The Company's Facebook page can be located at https://www.facebook.com/embarrdowns. The video shows Street Car galloping at Hollywood Park on January 16, 2014.
Embarr Downs Announces That It Claimed A Thoroughbred and Is On Pace To Have 10 Thoroughbreds By The End of June.
GlobeNewswire - Mon Jan 13, 7:00AM CST
Embarr Downs, Inc. (OTCQB: EMBR) announced today that on January 11, 2014 the Company claimed Street Car. Street Car has won 10 times in his career for approximately $200,000 in total winnings. The Company claimed Street Car for $8,000 out of the 6 race at Santa Anita.
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