Breed: Thoroughbred
Locations: New York
Average Review (4)
REVIEWS
If you would like to leave a review, please click here. JT, 7/4/09
Communication is non-existant for both ARV II and III, as managed by Horsehats Racing Club. Rather than encouraging participation, it is discouraged. Fellow members are kept a secret from one another, contact regarding the horses is forbidden, and the accounting is non existant. No notice or mention is received regarding the horses that are not running at stakes level, and the members receive their information via sources such as Equibase which is available to all. Put your money and your dreams elsewhere because this smacks more of a pyramid scheme.
WLR, 4/23/09
I wish I had found this site before investing money in ARV. I, also am a member through Horsehats. Communication and accounting are horrible. I get more information through Virtual Stables than provided by the fractional partnership. I'm sure when the time comes where we must chip in, that communication will increase. Don't waste your money with Horsehats/ARV. A terrible experience as far as administration. Horses are a gamble, and odds are good that a shareholder won't make any money, but the lack of communication from Dave Williams is unacceptable.
HJS, 1/19/09
I agree with the previous post. Investors totally left in the dark.
PJP, 1/7/09
I am a partner in ARV II and ARV III through horsehats small fractional shares. I am not pleased w/ ARV. It's no better than just putting horses in a virtual stable and going from there. No updates, pointless website, and little communication. I don't know why I got duped into III, I thought they were changing their communication style. They weren't.
The horses are top class, but the idea of syndication is not just top class horses, but a top class operation. Very dissatisfied.
