Thread: Shocking news
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Old 03-07-2009, 04:43 PM
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Instead, Guillot said, the operation is considering selling about 100 horses, mostly in its Louisiana program, a move he said he had wanted to make even before the economy dropped off.

"The bottom line is that we've just got too many horses," Guillot said. "That's too much grooms, hotwalkers, too much operation. I can cut $150,000 off a month that operation. . . . We have a Louisiana program that's big and gotten bigger, and now it's time to carve it out."

"I'm going to put them up for sale, and if somebody comes along and makes an offer that's good, fine, but it's not a fire sale," he said of any horses Southern Equine puts on the market. "I've got a million calls from Kentucky from people thinking we're desperate, we're broke, and we want to sell for pennies on the dollar. That's not true."



So there a million people in KY trying to get their hands on the 'Louisiana program'?

They arent broke but they have reversed course on a farm they bought and leveled in June and are now looking to sell in the currrent real estate market?
And they have too many horses but they are going to put the extras on a 200 acre farm in LA? Yeah sounds like a corporate downsizing.
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