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DENVER, Feb. 28, 2018 -- Buscar Company, Inc. (OTC:CGLD) announced today that the company finished the year 2017 with solid revenue and that shareholders can expect exponential growth in 2018.
The company sold two weanlings in November at the Keenland Auction for a combined total of $330,000. The two weanlings are the first two foals produced by the mares owned by the company. The company has ramped up operations with the purchase of yet another mare, “Lazy Susan”, bringing the total number of mares owned by the company to four as of the end of February.
The company has been busy developing business ties with companies that own some of the top sires in the country. As a result, the company fully expects to see individual weanling sales increase incrementally over time. For example, one of the weanlings sold in November was a colt produced by company owned mare, “Sweet Dreams” who was sired with Kentucky Derby winner, “Street Sense”. The sale represented the largest transaction for Street Sense in five years. Other mares have been or are being bred with other top notch sires that should yield impressive revenue results in the coming months.
The demand and interest in quality weanlings and the price that buyers are willing to pay has picked up significantly as of late. As long as that is the case, weanling sales will remain as the main focus of the company. Buscar has more exciting news to share with shareholders in the coming weeks on the company mares and sires like “Tapit”, “Quality Road” and “American Pharoah”, and the expected revenue results. In the interim, the company would like to thank shareholders for their ongoing support.
About Buscar Company: Buscar is engaged in the buying, selling and racing of thoroughbreds. More information can be found at www.buscarcompany.com
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.
Contact:
Corporate Offices
[email protected]
