THE STEVE SMITH AND WALT CHISM TWHBEA FINANCIAL NUMBERS ARE IN AND THEY ARE NOT PRETTY – TWHBEA IN DOWNWARD SPIRAL HEADING TOWARD BANKRUPTCY

LEWISBURG, TN    –  The latest  Steve Smith/Walt Chism  TWHBEA  financial numbers  are in.  They prove that as long as the sore Big Lick stigma hangs over the Tennessee Walking Horse breed, the future is dim.  The reality of the soring has adversely affected the value and image of the entire Tennessee Walking Horse breed.

THWBEA PRESIDENT

THWBEA PRESIDENT STEVE SMITH

TWHBEA CHIEF JUSTICE WALT CHISM

TWHBEA MINISTER OF INTERNATIONAL AFFAIRS WALT CHISM

In  2014,   the Public will no longer accept the soring and it will no longer patronize the Tennessee Walking Horse business until the pads and chains are removed, and the USDA takes over enforcing the Horse Protection Act.

Mares are being not bred,  and horses are not being registered or sold.

Breeding horses is a pipeline business,  and the pipeline is nearly empty.  It will take time to fill it back up, but as long as the Breed Registry is being guided by people on Steve Smith’s Executive Committee with HPA Citation Violation records,  the outlook and future is bleak.

Here are the  SMITH/CHISM Financial Numbers:

FIRST TIME FOAL REGISTRATIONS

                                   INCOME                            REGISTRATIONS
JANUARY 2012        $17,245.00                         340    (90-FREE)*
JANUARY 2013          10,100.00                         192    (64 FREE)*
JANUARY 2014            9,538.00                          201   (55 FREE)*
                                   45% LOSS                            

*SMITH/CHISM ELIMINATE PERK OF ONE FREE FOAL REGISTRATIONFIRST TIME FOAL REGISTRATIONS
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TRANSFERS

                                   INCOME                              TRANSFERS
JANUARY 2012        $17,190.00                         548   (132-FREE)*
JANUARY 2013          12,690.00                         413    (107 FREE)*
JANUARY 2014           11,322.00                        411    (111 FREE)*
                                     34% LOSS

*SMITH/CHISM ELIMINATE PERK OF ONE FREE FOAL REGISTRATION

TWHBEATRANSFERSREPORT
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BREEDING REPORT

 MARES BRED        FOALS REGISTERED
2008       9,869                          –
2011       8,341                          –
2012       7,600                      3,915
2013       5,920                      4,154

COMPARISON 2008 VS 2013        60% LOSS

STALLION BREEDING REPORT
—————————————————————–

MEMBERSHIPS

MEMBERS RENEWING                          RENEWAL INCOME
JANUARY 2012          929                                $49,950.00
JANUARY 2013          722                                 40,415.00
JANUARY 2014          621                                    36,390.00
                             33% LOSS                          $13,560.00 DECREASE

TWHBEA01MONTHLYMEMBERSHIPS

————————————————————-

STEVE SMITH EXECUTIVE COMMITTEE ““ 7 HPA CITATION HISTORY

President Steve Smith ““ (HPA CITATION HISTORY)
Sr. VP Walt Chism
Secretary Loren Anderson
Admin/Fiscal Christy Lantis
Marketing Ashley Wadsworth
Performance Ford Gates  (HPA CITATION HISTORY)
VP Pleasure Jessica Hieback
VP O/E Int’l Denise Bader ““  (Husband ““ HPA CITATION HISTORY)
VP Trng/EquineWelfar Linda Montgomery ““  (HPA CITATION HISTORY)
VP Breeders David Williams ““  (Employer ““ HPA Family Citation History)
VP Youth Sherry White –  (HPA FAMILY HPA CITATION HISTORY)
VP Bylaws/Enf Tom Kakassy ““  HPA CITATION HISTORY

KING STEVE AND CHIEF JUSTICE WALT TILTING AT WINDMILLS

STEVE SMITH AND  WALT CHISM  TILTING AT WINDMILLS

Radar knows they are on the way down.

BGBHEADSHOT01

2 thoughts on “THE STEVE SMITH AND WALT CHISM TWHBEA FINANCIAL NUMBERS ARE IN AND THEY ARE NOT PRETTY – TWHBEA IN DOWNWARD SPIRAL HEADING TOWARD BANKRUPTCY

  1. When does the tag sale begin? Maybe a Madeline Pickens type will take advantage it. Nothin’ good is gonna happen with this crew at the helm. New policies & new ideas are what’s needed.

  2. “Minister of International Affairs” = too funny.

    Keep it up, BGB. Reducing the demand for something is the best way to see it disappear. Your numbers here sure indicate the demand for big lick TWHs is diminishing rapidly. I am heartened.

    AZ

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