Before the Version 1 release and while we were in the building stage, the stock value was the amount of the initial investment of 6K.
Now that it’s released, and investors see its’ vitality, its’ worth will become whatever we set the next investment at and at this juncture we know it will be above 10K.
Because we need time to work through test betting, adjusting and tweaking as well as allowing the necessary time to integrate and then also to adjust the remaining algorithms, we anticipate that it will take a full year to realize the actual value of each share by what we’ve accomplished. This does not mean it will take a full year before we reach the point where we issue dividends, which after this weekends break through believe will be much sooner than the six months we initially perceived. The year gives us time to build and maintain our bank to 200K, the estimated number that allows for average bets of $2K per race, and to soundly know our full monthly operating expense. In lieu of this we ask all investors to hold on to their shares for 1 year from launch date, which in our case is Valentines day 2021 and then at that time if anyone wanted to sell, equi-stats and Zen Racing Stats will always have first right of refusal for any investment shares, we would purchase back your stock for the value determined at that time if you decided to do so. Should, however, any investor have a reason that deems necessary to sell their share before Valentines day 2022, equi-stats and Zen Racing retains first right of refusal and the price paid for the share would only be for the initial investment amount. In other words anyone who at this writing is already an investor, has invested 6K and they wanted to sell their share before 2/14/22, equi-stats and Zen racing would buy it back for 6K.
The reason we wanted to offer our current investors first option is because each of you has hung in there with us through thick and thin, through hurdles that sometimes didn’t seem possible to overcome; such as Ed’s illness and worrying about whether or not we’d get all his brain incorporated in before he passed as well as convincing the developers to begin developing even when we didn’t have quite enough finances in hand. This is our way of letting you know that we appreciate your belief in us and our venture and a way of thanking you monetarily for your patience and your investment.
Should you retain your shares which I do see all of you will until you wish to retire and to purchase and live on your own island, which has every possibility, I honestly believe each share will be worth at least a million. Here’s the reason why;
At an average bet of $2,000 per race, the payouts are off the scale. Using the WPS results from Sunday, even though they were short of break even when we won’t be short for long and you multiply all the payouts by 2000, the end results for these wagers would have been we bet $89,200 and got back $80,350 for one day of bets. Now consider when we have down what we should bet (which will happen) we would have passed many of the ones we right now were betting thus increasing the bottom line to a positive and we would have added more to the same line had we known to only bet this horse to show, or only to place or to win and place and so on…
For example sake because no one, even our betting program will hit all races however we do expect high numbers to hit, using the same list of 37 bets and 22 hits and taking out the cost of the bets for the 15 that lost, now your numbers look like this; $53,200 bet, $80,350 hit for a net profit of $27,150 for just one day. And this does not include exotic wagers like daily doubles or exactas so you can easily see how the numbers will go off the scale. Multiply this $27,150 by 220 racing days in a year and that totals $5,973,000.00 and divide that by 100 shares equates to $59,730 per share for that year in dividend. With additional algorithms, adjusting and tweaking, these numbers say for themselves why we see each share will eventually have a worth of at least a million.
That’s a pretty good return on our investment, wouldn’t you agree? 🙂