Product Disclosure Statement Has Been Approved by Racing Victoria for Publication
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Dream Thoroughbreds Rock Syndicate Unnamed yearling Bay Colt by Choisir Out of Solar Rock Notice to Potential Investors into this Syndicate You must be aware that an investment in this Syndicate is subject to investment and other risks. This PDS should not be relied upon as your sole basis for any decision to invest into this syndicate, as this PDS cannot and does not take into consideration your personal financial situation, needs or your investment objectives. Dream Thoroughbreds Pty Ltd (including any director or associate), nor any party providing services to the Syndicate, do not guarantee the success of this Syndicate, repayment of your investment or earning of any prize money. A copy of this Product Disclosure Statement has been approved by Racing Victoria for publication. No liability as to the contents of this Product Disclosure Statement is accepted by Racing Victoria, its officers, employees or agents. In particular (but without limiting the generality of this disclaimer) Racing Victoria does not warrant, and has no responsibility for the commercial merits or prospects of the scheme referred to in this Product Disclosure Statement, the manner in which the scheme may operate, or the taxation advantages (if any) to which the scheme may give rise. Potential investors’ financial circumstances may vary, and accordingly, Racing Victoria recommends that potential investors obtain independent financial and legal advice in relation to the scheme and how it might apply to their circumstances should they decide to invest in the scheme. Dream Thoroughbreds Pty Ltd ACN 145 663 574 AFSL Licence No 417218 538 Swanston Street, Carlton VIC 3053 Tel: 0416 105 666 Email: [email protected] Dream Thoroughbreds Queenie Syndicate Yearling Bay Colt By Choisir out of Solar Rock Promoter The Promoter of this offer, and the subject of this PDS is Dream Thoroughbreds Pty Ltd (ACN 445 663 574). Their registered address is 538 Swanston Street, Carlton, VIC 3053. The promoter is an approved promoter of the Lead Regulator - Racing Victoria, and the holder of AFSL Licence No 417218. The Promoter has 2 directors, Mr David Azzopardi CPA and Mr Tony Dimitriadis CPA who all have over 10 years’ experience in syndicate management. Seller The Seller of this horse is Dream Thoroughbreds Pty Ltd The colt is offered for sale under credit terms offered by Magic Millions Sales Pty Limited, and clear title will pass to Dream Thoroughbreds Pty Ltd upon settlement date. Title Investors will obtain unencumbered title to the unnamed yearling bay colt 2018 by Choisir out of Solar Rock, upon the horse racing scheme being fully subscribed, or when the horse racing scheme becomes a live scheme. Dream Thoroughbreds Pty Ltd assert that this horse racing scheme will become live once 40% of the shares have been sold. Dream Thoroughbreds Pty Ltd assert that they will purchase the remaining shares in the horse racing scheme after 40% has been sold, and transfer unencumbered title to all shareholders. Dream Thoroughbreds Pty Ltd may continue to advertise shares in the unnamed yearling bay colt 2018 by Choisir out of Solar Rock after unencumbered title has been passed. Lead Regulator The lead regulator authorised to approved this Product Disclosure Statement is Racing Victoria, Contact details: 400 Epsom Road, Flemington, Victoria, 3031 Tel: (03) 9258 4258 Customer First: 1300 139 401 Fax: (03) 9258 4366 e-mail: [email protected] Page 2 of 25 Dream Thoroughbreds Queenie Syndicate Yearling Bay Colt By Choisir out of Solar Rock Formation of Syndicate The Syndicate is being formed with the principal purpose to race an unnamed yearling bay colt 2018 by Choisir out of Solar Rock, the particulars of which are detailed below: Once formed, the horse will be owned by its Owners (as per the individual owner’s level of investment). Horse Description Age: Foaled 19th October 2018 (yearling) Sex: Colt Colour: Bay Pedigree: By Choisir out of Solar Rock Name: Unnamed Status: Unbroken Page 3 of 25 Dream Thoroughbreds Queenie Syndicate Yearling Bay Colt By Choisir out of Solar Rock Pedigree Description Sire: CHOISIR is a Group 1 winning son of Danehill Dancer from the successful sire line of Danehill. He is a consistent producer of stakes winners, 96 in total, and from 1115 winners, that’s 8.6% of stakes winners to winners. The success of the cross of Encosta De Lago mares thru the Danehill line of Sires is potent. Dam: SOLAR ROCK is a dual winning daughter of Encosta De Lago and a half sister to the stakes performers Emotional Circus & Twirl. Her Dam is stakes placed Cirque de Soleil and a full sister to the dual Group 1 winner and multiple Champion Sire in Fastnet Rock. This is the leading Dam line in Australia racing, and continues to produce stakes performers throughout the years. Pedigree Summary: (Lenny Russo - director of Bluegrass Bloodstock) This colt is outstanding, he is a great mover, athletic, balanced colt, and that has a lot of strength. The Choisir breed are not known as good walkers, but this colt is totally the opposite. He has a good overstep and moves really well, he looks like a stakes type of colt in the making. He descends from the same female line as the mighty Fastnet Rock, he is BOBS and Magic Millions race series eligible and registered, he is a perfect colt that could be to the fore in 2yo and 3yo feature races. A great valued and exciting colt! Page 4 of 25 Dream Thoroughbreds Queenie Syndicate Yearling Bay Colt By Choisir out of Solar Rock Horse Pedigree as per catalogue page Page 5 of 25 Dream Thoroughbreds Queenie Syndicate Yearling Bay Colt By Choisir out of Solar Rock Account of GLASTONBURY FARMS (As Agent), Scone, NSW. Lot 989(100% GST)BAY COLT Stable L 4 Foaled 19th October 2018 Branded : nr sh; 4 over 8 off sh Danehill Danzig Sire Danehill Dancer Mira Adonde Sharpen Up CHOISIR Lunchtime Silly Season 1999 Great Selection Pensive Mood Biscay Fairy King Northern Dancer Dam Encosta de Lago Shoal Creek Star Way SOLAR ROCK Danehill Danzig 2010 Cirque du Soleil Piccadilly Circus Royal Academy CHOISIR (AUS) (Chestnut 1999-Stud 2003). 7 wins-3 at 2, VRC Lightning S., Gr.1. Sire of 1706 rnrs, 1115 wnrs, 96 SW. His SH-bred progeny inc SW Starspangledbanner (MRC Caulfield Guineas, Gr.1), The Mission, Sacred Choice, Historian, Choice Bro, Japonisme, Divine Prophet, Kushadasi, Sir Moments, Dreamscape, Hurried Choice, Celtic Dancer, etc. His NH-bred progeny inc SW Olympic Glory, Obviously, The Last Lion, Glory Awaits, etc. 1st dam SOLAR ROCK, by Encosta de Lago. 2 wins at 1200m, 1300m. Half-sister to Emotional Circus, Twirl, Mysterious Light (dam of HAN XIN - SUN MARSHAL (Sing.)). This is her fourth foal. Her third foal is a 2YO. Her second foal is an unraced 3YO. Her first foal is unraced. 2nd dam Cirque du Soleil, by Danehill. Winner at 1100m, 2d VRC Waltzing Lily H., L, 3d AJC Keith Mackay H., L, 4th STC Magic Night S., Gr.2, MRC Blue Diamond Prelude (f), Gr.3. Sister to FASTNET ROCK, three-quarter-sister to Donnadane, Heart Strings. Dam of 8 foals, all raced, 5 winners, inc:- Emotional Circus (Elusive Quality). 4 wins at 1100m, 1200m, $281,550, Scone RC HTBA Protect Our Industry H., ATC Camden Hire H., New Breed Racing H., 3d ATC Premiere S., Gr.2, 4th ATC Sheraco S., L. Twirl (Lonhro). Placed at 2 & 3, 2d ATC Sweet Embrace S., Gr.2, TAB Iphone App 2YO P., Theraces.com.au H., 3d ATC Widden S., Gr.3. Montreal. 4 wins 1000m to 1200m, $209,700, ATC Spinalcure 4research H., HKJC Lapis Lazuli H. Mysterious Light. 2 wins at 1250m, 1400m, $115,850, STC Solo Strong H., AJC St George Cancer Care H., 2d AJC Analie H. Dam of 4 winners- HAN XIN - SUN MARSHAL (Sing.) (Sepoy). 5 wins 1600m to 2000m, $733,517, to 2019, Singapore Derby, L, MRC Jack Elliott H., 2d BRC Grand Prix S., Gr.3, 3d MRC Galilee Series Final H., L. Light Exceed. 2 wins at 1400m, 1550m in 2018-19, ATC Foundation H. Emancipationist. Winner at 1200m, ATC Bacardi Bar P. Magestique. Placed. Dam of 4 winners- Distant Rock (Medaglia d'Oro). 4 wins 1400m to 1600m, $182,080, SAJC IGA H., MRC Hilton H., 2d SAJC Adelaide Guineas, L. 3rd dam PICCADILLY CIRCUS, by Royal Academy. 2 wins at 2 at 900m, 1100m, $265,500, VATC Blue Diamond Prelude, Gr.3, Debutante S., L, 2d VATC Blue Diamond Preview, Gr.3, MVRC William Crockett S., L, 3d VATC Blue Diamond S., Gr.1, VRC Maribyrnong P., Gr.2. Sister to RAHEEB, half-sister to Donnadane, Heart Strings. Dam of 7 foals, all winners, inc:- FASTNET ROCK (Danehill). Champion 3YO colt & sprinter in Australia in 2005. 6 wins-4 in succession-1000m to 1200m, $1,724,100, VRC Lightning S., Gr.1, MRC Oakleigh P., Gr.1, VRC Lexus Classic S., Gr.2, AJC Up & Coming S., Gr.2, VRC Rory's Jester P., Gr.3, NSW Tatt's RC Roman Consul S., Gr.3, 2d AJC TJ Smith S., Gr.1, VRC Newmarket H., Gr.1, AJC San Domenico S., Gr.2, STC Pago Pago S., Gr.2, MRC Guineas Prelude, Gr.3, STC Skyline S., Gr.3, 3d AJC Sires' Produce S., Gr.1, VRC Poseidon S., L, 4th STC Golden Slipper S., Gr.1, Silver Slipper S., Gr.2. Champion sire. Cirque du Soleil (Danehill). Winner. See above. Page 6 of 25 Dream Thoroughbreds Queenie Syndicate Yearling Bay Colt By Choisir out of Solar Rock Syndicate Costs incurred by the Seller Purchase Costs: Purchase of horse $71,500 Scoping at sales $181.50 Bloodstock Selection Fees $3,575 Vet Certificate (including Xrays) $660 Total Purchase Costs: $75,916.50 Nomination Fees: Magic Millions Race Series $5,500 Total Nomination Fees: $5,500 Insurance Cost: Insurance paid to 31 January 2021 $3,845 Total Insurance Fees: $3,845 Admin Fees: Advertising $1,100 PDS Preparation, RV fees & Licence fees $1,537 Total Admin Fees: $2,637 Syndicators Margin $101.50 Total Costs $88,000 Cost per 5% share $4,400 On finalisation of the horse’s racing career any funds remaining in the syndicate bank account will be divided amongst the owners (as per the individual owner’s level of investment).