Los Angeles, California, Feb. 24, 2014 (GLOBE NEWSWIRE) -- Embarr Downs, Inc. (OTCQB: EMBR) announced today that Newfound Gold finished 2nd in the 6th race on Friday February 21, 2014 at Santa Anita. The Company currently has a win percentage of 25% this quarter.
"We would like to thank everyone who showed up for the race. Newfound Gold ran well but Senator Bob ran a great race. Hopefully our next race will get us into the winners' circle again," commented Joseph Wade, CEO of Embarr Downs.
The Company will be issuing a dividend of an additional $1,000 to the shareholders of record on March 31, 2014. This is in additional to any additional purse winnings the Company earns and in addition to the $.001 per share dividend paid quarterly.
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.