SOURCE: Mezey Howarth Racing Stables

June 13, 2007 14:16 ET

Mezey Howarth Racing Stables to File 15c211

COSTA MESA, CA--(Marketwire - June 13, 2007) - Mezey Howarth Racing Stables today announced its intention to file 15c211 to become a publicly traded company.

The founders of Mezey Howarth Racing Stables have been involved with owning racehorses for the past couple of years. "We have been fortunate to have great success in the past with our partners but we are looking to take that next step and become a publicly traded company," said Paul Howarth. "By taking this step we will give our partners and future shareholders the rights and privileges of owning a racehorse while minimizing the risk across a larger number of horses," said J. Wade Mezey.

The company acquired its initial horse, Dixie's Ruler, on May 18, 2007 and has begun operations to acquire 20 additional horses by the end of 2007. "We have been in contact with a number of trainers about acquiring additional horses," said Paul Howarth, "so far we have identified 3 or 4 additional horses that we are considering acquiring an interest in."

"The Company's strategy is to acquire and maintain a stable of race horses adequate to compete in the middle to upper echelons of the Thoroughbred horse racing industry," said J. Wade Mezey, "initially though we will start by acquiring additional Claimers with the intention that they will be able to move up in class."

ABOUT MEZEY HOWARTH RACING STABLES, INC.:

Mezey Howarth Racing Stable, Inc. acquires, owns, manages, trains, races and ultimately syndicates thoroughbred racing prospects. The Company's strategy since inception has been to acquire and maintain a stable of race horses adequate to compete in the middle to upper echelons of the Thoroughbred horse racing industry. The primarily focus on the acquisition of claimers, although horses of racing age may be acquired from time to time depending upon the then existing circumstances.

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995:

This press release contains, and Mezey Howarth Racing Stables may from time to time make, written or oral "forward-looking statements" within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Mezey Howarth's control that could cause actual results to differ materially from such statements. In particular, statements using words such as "may," "should," "estimate," "expect," "anticipate," "intend," "believe," "predict," "potential," or words of similar import generally involve forward-looking statements.

Contact Information

  • Contact:
    Mezey Howarth Racing Stables
    J. Wade Mezey
    Paul Howarth
    (949) 429-4007