Morning Line Club🐎 is the world’s first horse racing club that offers an SEC compliant marketplace for trading shares of thoroughbred horses. We are setting out to make horses the next emerging alternative investment asset class.

Participants purchase Participant Entries. MLC will use the net proceeds for the acquisition of horses, the maintenance and care of the horses, and other certain operational and administrative costs. Each Entry entitles the participant to receive at least two (2) Racing Shares and two (2) Breeding Shares in each horse in the specific portfolio. Entries serve as the initial access into the club where Participants enjoy exclusive access, earn financial rewards, receive brand perks and real-life experiences with the horses in the barn. Participants holding Racing Shares and Breeding Shares will receive a share in the purse money and breeding fees (minus fees) derived from specific horses every time they race or breed. Participants can invest in the career of horses and manage their own portfolio as they trade in and out of positions on the Company’s marketplace.

A Racing Share is a fungible token that provides a Participant an investment opportunity in the profits generated on the racetrack by a particular horse which can be freely traded on MLC’s marketplace. Participants holding Racing Shares will receive collectively eighty percent (80%) of the purse money (minus fees) earned by MLC.

A Breeding Share is a fungible token that provides a Participant an investment opportunity in the lineage of a particular horse which can be freely traded on MLC’s marketplace. Participants holding Breeding Shares will receive collectively fifty percent (50%) of the breeding fees (minus fees) collected by MLC.

No, you are purchasing Entry Fees which give you Racing Shares and Breeding Shares in the horses owned and handled by MLC, not shares in the company itself.

MLC exclusively facilitates these Offerings pursuant to a RegD 506(c) under the Securities Act of 1933 and for the avoidance of doubt, each Participant must complete and submit a Subscription Agreement that attests to the Participant’s status as an “accredited investor”.

Entries serve as the initial access into the club where Participants enjoy exclusive access, earn financial rewards, receive brand perks and real-life experiences with the horses in the barn. Specifically, invitations to track side events, paddock passes, winner circle photos, box seats, jockey and trainer visits, and special offers and benefits from our brand partners. The benefits offered vary to each Participant based on their Level Status in the Club.

Every dollar spent purchasing Entries and Shares on the secondary marketplace, every dollar earned from MLC, and referrals will be rewarded with points. You do not have spend money to earn points! The levels range from Bronze, Silver, Gold, Platinum and Diamond. The higher level the more perks and benefits to be enjoyed. For starters 1 Entry Fee at $1,000 is good for 20,000 points which puts the Participant automatically in the Bronze level.

Yes, on the Secondary Market you can buy as many Racing Shares and Breeding Shares in a particular horse if you want.

No, once you pay your Participant Entry Fee you will be entitled to receive Racing Shares and Breeding Shares with no other obligation to pay any additional fees or provide any further capital investment.

No. As a Participant you will not have any direct liability or financial obligations for the horses.

The price of the Racing Shares and Breeding Shares on the Secondary Market will be directly correlated to the performance of the horse on the track and will be determined by the community. External factors, such as market demand, competition, and economic conditions, will also play a significant role in influencing these prices. MLC will have no direct influence on the pricing of the Shares on the Secondary Market, allowing for a dynamic and fair marketplace shaped by participant interactions and broader market trends.

Yes, but it is conditional on several factors including membership tier, success of the horses MLC purchases, trading and accumulation of Shares, and other gamification strategies leveraged on the MLC platform.

KYC procedures are essential for preventing identity theft, money laundering, financial fraud, terrorism financing, and other financial crimes. It is crucial for both the Company and Participants to meet these requirements. Failure to do so can result in steep fines and penalties for the Company, as well as potential legal repercussions for Participants.

MLC has put together a team of professionals that have been in the industry for over 40 years, starting with Tom Taaffe, who will personally oversee the selection process for the horses that MLC purchases.

Any winnings accumulated will be issued directly to a member’s account, found in the account section of the website or app. These payouts can then be used to purchase additional shares and event tickets or can be withdrawn through our financial brokerage partner.

As the horses perform and win purses and receive breeding or stud fees, you, as a Racing Share or Breeding Share holder of that particular horse will receive a financial benefit equal to the amount of Shares you own. There is no guarantee that you will get your money back. Not only are you buying into the possibility or opportunity to earn a financial benefit, but you are buying experiences as well which are priceless.

Traditional syndicates have high upfront costs, require capital calls once the horse turns a certain age, lack diversification as you only invest in one horse, and do not offer any benefits based on the success of the entire barn. It’s also very difficult to sell your interest in a traditional syndicate, so there’s a lack of liquidity.

Our website will have a private login username and password which will provide each Participant with regular updates (training reports, videos, next race schedules, injury reports etc.) on all horses in the MLC barn.

There must only be one name affiliated with your account as it will be used in reports of your payouts generated by MLC to the IRS per annum which will be under your respected name. However, you can choose to share your Racing and Breeding Shares among other accredited investors or even non –members through various social media platforms.

Horses in the MLC barn will be racing in competitions around the globe. Depending on the horse and its pedigree, and by extension the trainer, our team will decide what competition, track and location is best suited for each horse for the greatest chance of success.

As a Participant of MLC, you will be provided with a username and password to login to your private user dashboard. That user dashboard will provide you with information such as what membership tier level you are, what Racing Shares and Breeding Shares you own, how many financial rewards you have earned, as well as information on the horses in our barn - such as training reports, videos, past performances, and upcoming race schedules.

Our team of experts will have the decision-making authority to determine when, where and how often the horses run to ensure they have the best chance for success – while maintaining their health and conditioning.

If the horse is healthy, the average time between races is approximately three weeks, while, on average, racehorses race about seven times per year.

This depends on the horse and circumstances surrounding its health and race history, but $50,000 per year is a generally accepted figure within the industry.

Yes, depending on your membership tier level you will be able to visit and enjoy the thrilling experiences that racing has to offer.

Participants of MLC do not have any say in how the horses are managed.

Some of the greatest Thoroughbred racehorses, including Seabiscuit and Man O' War, raced for only two years before retiring. Others, like 16-consecutive race winner Cigar, continued racing as a 5-year-old, but for the most part a horse's racing life will last perhaps three or four years.

Depending on a number of factors, we will be purchasing interest in up 50 horses per fund.

Yes. 

Yes, we will have Equine Mortality Insurance on all our horses. As a rule, the premium for mortality insurance on racehorses is about 5% of the horse's value. If you are paying the appropriate premium, you can be assured of recouping at least the market value of the horse in the event of its death or necessary euthanization. However, please note that there may be exclusions or limitations on the insurance coverage related to certain types of injuries, deaths, or other incidents.

With MLC, you’re not just investing in a horse—you’re entering the exciting world of horse racing, filled with opportunities, race day thrills, and networking potential. Think of it like a mutual fund investment: the more horses you include, the better your chances of success in finding a top stallion or a Graded Stakes winner. MLC allows you to spread out and mitigate your risks, ensuring you don’t put all your eggs in one basket while enjoying the benefits of diversity in your investment.

Yes, MLC takes the welfare of animals very seriously and is committed to caring for our horses throughout their lifetime and beyond their racing careers. MLC will be participating in charities and organizations that support the care of equine athletes.

MLC uses blockchain technology to ensure transparency and security for our users, distinct from cryptocurrency. This technology provides an immutable record of transactions, enhancing trust and protecting against fraud. Beyond security, blockchain benefits investors through increased transparency, allowing easy verification of activities; faster transaction speeds by eliminating intermediaries; and clear ownership tracking, enabling confident investment management. Additionally, blockchain fosters community engagement, allowing investors to actively participate in the club's activities. Overall, this technology creates a secure, efficient, and rewarding experience in the horse racing industry, delivering substantial value to all users.

Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary's involvement or time loss.

For each race your horse wins, you will receive a 1099-DIV alongside your payout to help reduce your tax filing burden. This form provides transparency regarding investment price points for each Participant. It is important to note that Participants are responsible for reporting their earnings on their tax returns, and the 1099-DIV is provided specifically for this purpose. Additionally, Participants should be aware of any tax obligations in their respective jurisdictions, especially if they are international, as tax laws may vary.

Yes.

Head over to www.morninglineclub.com and purchase your Entry Fee today!