They entered the tank seeking $150,000 for 10% of their company. Sharks really liked the product and all were interested in investing. <\/p>\n\n\n\n

Kevin O’Leary: This is the first time a valuation that comes into Shark Tank that’s reasonable.<\/p>\n\n\n\n

Barbara Corcoran: I’d like to offer you $200,000 for 10%.<\/p>\n\n\n\n

Kevin O’Leary: I want to offer $150,000 for 6% and I want a $1 per unit too.<\/p>\n\n\n\n

Barbara Corcoran: That’s like triple dipping.<\/p>\n\n\n\n

Mark Cuban: You need help with the whole organizational side of it.<\/p>\n\n\n\n

Lori Greiner: First of all, I hate bugs, I hate mosquitos, and I hate things that bite, because they bite me. So, I don’t do this often, but I’m offering you my golden ticket (holds up a little golden square). I’m giving you as much as you asked for.<\/p>\n\n\n\n

Barbara Corcoran: She’s not giving you as much as I offered you.<\/p>\n\n\n\n

Lori Greiner: I’m giving you exactly what you asked for, so if you want my ticket, it’s right here.<\/p>\n\n\n\n

Barbara Corcoran: What is the ticket about?<\/p>\n\n\n\n

Lori Greiner: $150,000 for 10%. That’s what the golden tick is about.<\/p>\n\n\n\n

Mark Cuban: Barbara, do you want to go in together?<\/p>\n\n\n\n

Barbara Corcoran: Yes, (nods head emphatically).<\/p>\n\n\n\n

Lori Greiner: (Holding out the ticket) Come on, take it because it might go away. I hear mumbling (points at Mark and Barbara) and when I hear mumbling, it worries me. <\/p>\n\n\n\n

Bug Bite Thing: Lori, we’d like to do the deal with you.<\/p>\n\n\n\n

That’s right, they did the deal with Lori Greiner for $150,000 for 10% of their company and they received the “golden ticket.”<\/p>\n\n\n\n