Louis A. Filios and Estate of Emma L. Filios, Deceased, Louis A. Filios, Executor - Page 5

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          information about thoroughbred stallions, such as pedigrees,                 
          racing records, and racing earnings.  Petitioner used The Blood              
          Horse Stallion Register to decide which horses to breed and which            
          to buy.                                                                      
               3.   Vitamin and Mineral Supplements                                    
               Initially, petitioner did not have high quality horses.  He             
          believed that giving his horses vitamin and mineral supplements              
          would make them successful.  He decided which vitamins and                   
          minerals to use, mixed them, and sent them to the trainers to                
          give to the horses.  However, petitioner did not keep records                
          showing which vitamins or minerals he gave to each of his horses             
          or the nutrition and diet of each horse.                                     
               4.   Breeding and Training                                              
               Petitioner spent 10 to 20 hours per week on his horse racing            
          and breeding activity.  He attended horse auctions to buy and                
          sell horses.  He talked to breeders and visited the farms in                 
          Kentucky and tracks in New Jersey where he stabled some of his               
          horses.  Petitioner sometimes went to the New Jersey facilities              
          each week, but usually he went less often.  Petitioner reviewed              
          mail that he received relating to his horse racing and breeding              
               Kuta prepared and petitioner signed checks to pay bills for             
          his horse racing and breeding activity.  He signed all checks                
          relating to the activity and reviewed all of the track purse and             
          race results.                                                                

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Last modified: May 25, 2011