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.
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
JANUARY 2012 $17,245.00 340 (90-FREE)*
JANUARY 2013 10,100.00 192 (64 FREE)*
JANUARY 2014 9,538.00 201 (55 FREE)*
JANUARY 2012 $17,190.00 548 (132-FREE)*
JANUARY 2013 12,690.00 413 (107 FREE)*
JANUARY 2014 11,322.00 411 (111 FREE)*
*SMITH/CHISM ELIMINATE PERK OF ONE FREE FOAL REGISTRATION
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
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
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
Radar knows they are on the way down.