Los Angeles, California, Jan. 22, 2014 (GLOBE NEWSWIRE) -- 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.
"We are excited to add Newfound Gold to our barn," said Joseph
Wade, CEO of Embarr Downs. "This is our second claim in
January and we are excited about the foundation we are building. We
are headed in the right direction and we have taken another step
towards our business plan of having 8-10 thoroughbreds by the end
of June. In this regard, we are looking to claim another
thoroughbred this month."
When the Company's new management took over in August of 2013,
the initial focus was on the Company becoming a reporting company
with the United States Securities and Exchange Commission.
This was accomplished in November 2013. Since November, the
Company has won its initial race, issued our initial dividend
to the shareholders and increased the total size of the barn to 3
thoroughbreds with expectations of having 8-10 thoroughbreds by the
end of June 2014. "The Company has taken tremendous steps in
the past few months and continues to grow and execute on our growth
plan," continued Joseph Wade, CEO of Embarr Downs, "we are
expecting to claim one more thoroughbred in January and two
more in February then in March we are expecting that we will be
able to begin to acquire horses we believe can compete in allowance
and stake level races."
About Embarr Downs. The Company is engaged in
the buying, selling and racing of thoroughbreds. The
Company's focus is acquiring thoroughbreds that can race in the
allowance and stakes level of thoroughbred racing; however, the
Company will initially begin acquiring thoroughbreds in the
claiming level of thoroughbred racing. More information can
be found at www.embarrdowns.com.
Additional information can be found at www.embarrdowns.com and on our
Facebook page https://www.facebook.com/embarrdowns
and Twitter at https://twitter.com/EmbarrDowns.
Notice Regarding Forward-Looking Statements in
this press release which are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that any beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate.
CONTACT: Contacts:
Embarr Downs, Inc.
Joseph Wade
(949) 461-1471
info@embarrdowns.com
www.embarrdowns.com

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