Shares in the Pocket Aces Racing 2008 LLC are $2500.  Initial Capital pays for all regular/expected expenses through December 2009 with the exception of racing licenses. 

The initial goal of Pocket Aces Racing 2008 LLC is to sell a minimum of 18 membership units for $45,000 initial capital.  Pocket Aces Racing LLC will retain two membership units in lieu of a management fee.  

Purse receipts will be used to pay for expenses after December 2009.  However, additional ownership contributions may be required.  If additional capital contributions are required after December 2009, members will be billed $375 quarterly for each member ship unit owned.