Pucker Ridge Racing

The Pucker Ridge Racing "Pappy's Double H Fund" consists of a NY Bred 3 year old Birdstone gelding named Pappy's Double H. This fund provides immediate racing action with a promising 3 year old gelding by Birdstone out of a stakes producing mare, who is already at the track racing. Birdstone is the sire of the 2009 Kentucky Derby winner, Mine that Bird and the Belmont Stakes winner, Summer Bird.

Pappy's Double H is in training with David Prine, stabled at Belmont Park. He is anticipated to race at Saratoga. Pappy's Double H is from Birdstone's first crop that are now 3 year olds. Birdstone is currently #4 on the Second Year Sire list with only 49 runners (28 of whom have won). Pappy's Double H is a ½ brother to Halation (by Lycius) who won on the NYRA circuit in Pucker Ridge Racing silks.

Pappy's Double H was named in honor of Charles R. Wood by his daughter Charlene. Charlie Wood was co-founder with Paul Newman of the Double H Ranch a Hole in the Wall Gang Camp for critically ill children.

The plan would be for the Fund to race Pappy's Double H on the NYRA circuit under trainer, David Prine. Shares in this fund will be sold at a minimum level of 5% ownership (as long as a minimum of 25% has already been sold). As a 5% owner, you will be required to become a licensed owner in NY State which will provide you with the standard rights of being a licensed owner. These include free parking and admission/Clubhouse admission at NYRA tracks as well as access to the backstretch and preferred dining reservations. Scheduled conference calls will be held with our trainer, David Prine where he will answer questions about our horses along with general racing questions. Partners will also be invited to periodic functions such as Pucker Ridge Farm's annual BBQ.

Pucker Ridge Racing "Pappy's Double H Fund" Costs:

This Fund is being priced at a total of $75,000 including sufficient funds to cover training expenses for Pappy's Double H through September 30, 2009.

10% Ownership will require an investment of $7,500

5% Ownership will require an investment of $3,750

Future expenses for both horses will be billed quarterly, in advance to cover expected expenses. These billings will be as of January 1, April 1, July 1 and October 1.

The initial quarterly billing on October 1, 2009 will be for $850 for 10% ownership and $437.50 for 5% ownership. Future quarterly billings will be adjusted based upon actual costs and possible future revenue (purse money).

The "Pappy's Double H Fund" will be set up as a New York LLC with Lois Engel as Managing Director. Each member will receive a year end K-1 statement for tax purposes. Please check with your Accountant with regards to tax implications.

Pucker Ridge Racing makes no guarantees, written or implied as to the performance of the horse in the "Pappy's Double H Fund". Thoroughbred racehorse ownership is a highly speculative and extremely risky activity. There is a high probability that any person investing in this Fund may lose all or a significant portion of his/her investment in a very short period of time and that the Fund may fail completely in its objectives and goals. All investors understand and accept that it is not possible to predict the performance of thoroughbreds in any way whatsoever and therefore any horse maybe a complete failure or die or become ill at any time. There are no assurances that the business of the Fund can or will be successful and will not partially or totally fail and that the investor's entire interest maybe lost.

For further information, please contact Lois Engel at 516 752-7978 or email at Lois_Engel@hotmail.com or to request a copy of the Fund's Operating Agreement.