Thoroughbred Stock Exchange Adjusts Gameplan

The Thoroughbred Stock Exchange, a unique new concept designed to introduce fans of horse racing to the "ownership experience", as well as attract new fans to the game has adjusted their business plan to improve the performance of their stable.
By: The Thoroughbred Stock Exchange
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* Horse Racing

* Sports

* Saratoga Springs - New York - US

* Partnerships

SARATOGA SPRINGS, N.Y. - Aug. 17, 2016 - PRLog -- The Thoroughbred Stock Exchange, ( the brainchild of Jonathan and Leslie Lutton, have made some positive changes to their business practices and philosphy they expect to have a rapid impact on the success of their stable, and the experience of their members. Jonathan Lutton stated " We made a significant investment in something we love and believe in, and that remains true today. We grew faster than we expected, and experienced some of the downsides of racing which are inherent to the game early on. This did not deter our dream and vision, but strengthened it, and made us more determined to succeed.." Mr Lutton continued, " We were green in some areas, and we made some partnering choices which could have been better. This involved our selection of horses, trainers, the types and prices of horses we invested in and other practices as well. We did not anticipate the accelerated growth rate of members we experienced and were not prepared to handle it in the manner our members derserve and expect, and how we believe things should be done. We are fast learners and have made the changes to right the ship."

The Thoroughbred Stock Exchange is proud to announce the hiring of JJ Graci as their COO, and Stable Manager. Mr Graci will be responsible for the day to day operations on the TBSX stable including but not limited to the selection of horses and trainers, and the levels at which the horses compete. It is expected this will drive down the average purchase price of TBSX offerings, and improve their win percentage significantly. This is why JJ was chosen from a list of many candidates.

JJ Graci brings a strong resume of success to the table along with a vast knowledge of every aspect of the Thoroughbred Racing and Breeding industry. JJ was leading owner and trainer at Atlantic City Racecourse for 5 years in a row, a record at that venue. He started the radio shows At The Races, and It's Post Time, He took out his trainer license in 1968 at Dover Downs. JJ and his wife Samm handled the PR campaign for Preaakness and Belmont winner Afleet Alex for Cash is King stable, and during that time Samm raised 3.5 million dollars for Alex's lemonade stand. JJ and Samm haave bought, bred, and raced winners consistntly, and they plan to bring that knowledge and experience over to TBSX.

Mr. Graci, or JJ as he prefers too be called stated the following: "There is not much in this game I have not been around or experienced. I believe in the concept of what TBSX is trying to do. They had some bad luck, and made some decisions which could have been better. At this point it all looks fixable, and I believe I can make their dream a reality. It comes down to getting the right horses, at the right prices, and putting them in the hands of trainers who win. I also intend to improve communication to the members, and make things right with any members not satisfied with the experience to date. They'll be back."

JJ continued: "I have already begun making contacts and changing the way things are done. Jonathan and Leslie remain committed to their idea, and with the right management it can work."

The Thoroughbred Stock Exchange remains one of the most novel and innovative ideas to hit racing in a long time.,There is no more cost effective way to give fans the ownership experience and at the same time attract people to the game.

Jonathan and Leslie are encourging all their members to stick with them, and allow them to prove their committment to the TBSX concept, and demonstrate tht it can work and be a wonderful experience.

JJ Graci, COO, Stable Manager, TBSX
Tags:Horse Racing
Location:Saratoga Springs - New York - United States
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