Quote:
Originally Posted by Pghfan987
I would appreciate clarification, jw123. Also, other opinions would be appreciated.
no real life experience in this area, but I can imagine a situation with a horse deep in make-up with long time backer, then he sells pieces to new investors who get winnings before long-time backer is paid back. This could put horse in a strange spot.
Like most people ITT said, if long time backer approves it up-front, and there is transparency with new investors, it should be good.