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Have you asked your friend what he would think is fair for the effort and expenses you put into his animals? If you cannot keep the animals until you are able to breed them and produce babies to split the income off of, then where does that leave you if you return the animals to him now so he can sell them off?
Certainly invoices of direct expenses you made in his behalf would help to support your argument of being due some compensation. And if you have the text messages, make sure you retain them so any statements made can be brought forth if needed.
In your shoes I hope for the best, but plan for the worst. I wouldn't turn over any animals until you had this matter resolved to what YOU are willing to accept as being fair. You are holding all the cards by having the animals in your possession. But there is also the opportunity for things to get ugly real fast.
As a likely outcome, are you prepared to lose this friend as a friend? Chances are, that is what is going to happen. These sorts of things seem to rarely end well for both parties. Someone is going to come away unhappy about it.
IMHO.
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