Los Angeles, California, Jan. 8, 2014 (GLOBE NEWSWIRE) -- Embarr Downs, Inc. (OTCQB: EMBR) announced today that the Company is currently looking to claim a horse this weekend thereby adding a new thoroughbred to our barn. Additionally, the Company decided to scratch Rock Off from the 7th Race on Thursday January 9, 2014 due to the fact that Rock Off has a temperature. The Company expects to reenter Rock Off into a race on the 20th or 24th of January. "We are disappointed that we had to scratch Rocky from tomorrow's race but our trainer recommended that we scratch him due to the temperature," said Joseph Wade, CEO of Embarr Downs, "Thoroughbreds are athletes and sometimes they get a cold. We have to do what's best for Rocky and hopefully he will be back to the winner's circle at the end of the month. Additionally, we are expecting to claim a horse this weekend thereby increasing the size of our barn. We would like to claim two horses by the end of the month bring our total barn size to three thoroughbreds. We expect to continue to increase the size of our barn and hopefully begin to increase the dividend checks to our shareholders. I look forward to a great 2014 and hoping I can meet as many shareholders as possible at the races."
If shareholders have any questions they can email the Company at email@example.com or call at (949) 461-1471.
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.
Contacts: Embarr Downs, Inc. Joseph Wade (949) 461-1471 www.embarrdowns.com
Embarr Downs, Inc.
Plano, Texas, UNITED STATES
Day's Range: 0.27-0.28
Previous Close: 0.27
Market Cap: 5,300
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