Roberts logic is so stupid. Yeah there will still be ways for bugs to get inside but this will cut down on the problem immensely. It’s like saying why wear a seatbelt because people still die while wearing them sometimes.
I hate when they talk about things they don't understand. These people have literally studied and researched. He's just like "I don't think so" It's like people in comment sections saying they don't agree with a doctor or scientist.
@@mrhumble2937 I'll just say they are trying to sell a product and a lot of the deals don't close out due to the company lying about costs and other small elements. Mark Cuban mentions this in an interview. It's quite easy to deduce that rats and bugs will find cracks in the house to get in, and that this alone will not stop them; so the sharks want to argue that point and see what the response is.
The product is insanly good with the patent. Basically the big color companies can make the color more Slick and pay them a royalty to make commercials that its rodent safe. I see this a 100 million dollar idea.
"She's only asking for 5% more". Yeah, but no. She actually only gave them 100,000K for 15% which technically took them from a 5 million to a less than million dollar evaluation. The other 400K was a loan. Sneaky sneaky.
Wait so they were selling 10% for $500k and ended up with $100k for 15% with a $400k loan they have to pay back. And Robert says what are you thinking about it’s 5% more. Yeah buddy it’s also $400k less
i know the uploads arent in chronological order but I swear the last 4 or 5 ive watched the sharks have been extra pushy to finalize the deal for another shark. straight up belittling the guest for contemplating at all...
Lory would have accepted a counter. She see the potential. She really really wanted it and you saw how happy she was that no shark got in. Licensing the patent can make easy a hundred million dollar. The money is in the patent. She can licence to a bed store and they can sell bedbugrepellend beds. Or she can license to companies that produce the color for the bases of houses....
They were salesman but Robert was a better salesman than them both. But to be fair, I think they were worried about losing the only deal they had. Although I would negotiate from 100k cash to 200k or 250k cash at least
Quick fact check for anyone that cares. The Arizona Bark Scorpion is NOT one of the most venomous scorpions in the world. In the USA yes, but in the world, not even remotely close.
I thought it was actually cool. Its like a plexiglass, but in liquid form. They didn't mention spiders though. Remember spiders can climb anything. But I see how it can work for the actual pests that most people hate. Rats and roaches.
But in places that have scorpions and roaches, this is essential. I can see the product working for spider. I’ll deal with some flies and a spider here and there. But to not have ants, scorpions, or roaches: I’m sold.
@@lizardqueen7052Does it include jumping spiders? I get those a lot but welcome that kind because they are a pest control themselves. The can easily jump a long distance if they want.
Completely disagree. Lori played them hard. Lori was only paid $100K for the 15% equity, as the the other $400K was a loan that will have to be paid back with interest (probably about $480K total assuming a 10% rate on a 2 yr note). Effectively she got her equity at a $667K valuation, compared to the $5M that they pitched at.
@@anivnayar Lori didn't play them that bad. IF the product really does work, then she'll essentially guarantee that they'll be successful as they can be. She can connect them with the nation in ways they couldn't before.
The only issue that i can see with this product is , is it paintable? If not theb it has to be removed to be painted. Eveb rapint when the base paint fades. If thet already got over that hurdle then its reall good!!!
It does work on wood. The ants in my area don't fly and neither do the roaches. Even if an insect can "fly", it will fly higher up the surface that has been coated with slick barrier and won't be able to attach itself and just fall to the ground.
100k for 15% was fair, at the point theyre in it's basically a start up. only their services had revenue, not the product. 5mil valuation with no sales on the product side was steep.
Wow... just literally as I was watching this video and it showed the scorpions and cockroaches, one of those earpincher bug things crawles up on my chest from behind my shoulder 😖 weird!
Wait a second, the question about why not just using plexiglass was dodged no? I have been dealing with this problem for a while now and came to a conclusion the only way, is with these paint/spray products and google avoided telling me which material is anti bug climbing and the answer was sitting here the whole time. 💀
"She's only taking 5% more than what you're asking..." Robert couldn't have been more wrong here. Lori offered them only $100k for the 15% because the remaining amount of $400k was given as a loan at interest and payable within 2 years. It's a terrible deal and those guys obviously aren't business savvy. Their company valuation has been cut down from $5M to only $666,666.66 which is a complete disaster for a business. On a side note, has anyone else noticed the NLP tricks she used on them (probably unconsciously) when she said: "even if it cuts down the amount that gets in. It's better to have 1 scorpion than 500" Cuts down the "amount"... better have 1 (hundred) than 500. Interesting usage of the word amount here when referring to a countable noun such as scorpions. Anyhow, it's a terrible deal and Robert was being dishonest and unfair.
if you think about the it just wrote off 500 k in tax lol and they have to repay her and if they actually end up winning she gets a part of their company thats fkn rough bloody sharks lol
Why would anyone find rats and scorpions disgusting? Inside your house for sure, but in a glass box? Come on Robert, the rats are easily scared by that croaky voice.
Why are you talking to Mark about schools? And telling Kevin he gas a special relationship with cockroaches? And did he answer the question about plexiglass? And why would pest control use this when there is no repeat business? Is it $75.00 a gallon or $100.00 a gallon? Weird!
She didn’t have to, she got 15% for only $100,000. With a $400,000 loan, that with interest could be close to $500,000 (depending on how long they take to pay it off). She got 15% for a about a $666,000 evaluation. They came in asking for $500,000 for 10%, a $5,000,000 evaluation. They stated they previously took investment with a $3 million evaluation. She undercut their evaluation by so much, they didn’t even get to think about it, because Robert jumped in and said “it’s only 5% more..” but it wasn’t just 5% was it? Lori got 15% of the company and will make her $400,000 back plus interest for only $100,000. A safer and better deal for her.
This why we love kevin. He gets attacked over and over yet he stands strong like nothing bothers him.
He goes home and cries on his yacht
He’s a billionaire lol
I honestly really love him
wipe-tears-with-bills.gif
If I had that much money, nothing would bother me either 🤷🏾♀️
Later that day, Barbara actually managed to scale their house coated with Slick Barrier to let them know that she's out.
🤣
Lol
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Poor barb. Being the least wealthy shark isn't fun, I'm sure.
😂😂😂😂😂😂😂😂
Them standing on those rocks for the full pitch, like they are surrounded by sharks 😂
Jesus loves you & made a way for our sins to be forgiven, turn to Christ & repent for eternity in Heaven!
This product is Genius!
As someone allergic to scorpion venom, this product could literally save my life.
Aren't we all ?
My scorpion pet dislikes this post!
I wonder if it helps with snakes. I have a rare condition that makes me get really sick if a rattle snake bites me.
“Kevin you’re a rodent” 😂😂😂 I have not chuckled my food out my mouth in a long time🤣🤣.. meanwhile Robert is just Highly Disgusted 😅
but Kevin takes the digs without a second thought, pretty cool guy
Hahahahahahahah
"I speak rat"
Kevin makes this show, "the rat said no dough here" 😂
Roberts logic is so stupid. Yeah there will still be ways for bugs to get inside but this will cut down on the problem immensely. It’s like saying why wear a seatbelt because people still die while wearing them sometimes.
I hate when they talk about things they don't understand. These people have literally studied and researched. He's just like "I don't think so"
It's like people in comment sections saying they don't agree with a doctor or scientist.
@@mrhumble2937 I'll just say they are trying to sell a product and a lot of the deals don't close out due to the company lying about costs and other small elements. Mark Cuban mentions this in an interview. It's quite easy to deduce that rats and bugs will find cracks in the house to get in, and that this alone will not stop them; so the sharks want to argue that point and see what the response is.
Yeah they don't know everything. That's why I think that Mark's 'business-wise' comment is much more useful than Robert's view on the product.
It’s relative to other options. Much less likely that a scorpion is going to make it through a later of pesticide than a slippery brick
Lori always sees what others do not see. Wish them all the best with this product.
Cause she has a whole tv platform to market from
@@XANSEM This 100%. Plus it's a great product to demonstrate(as shown in their pitch).
The product is insanly good with the patent. Basically the big color companies can make the color more Slick and pay them a royalty to make commercials that its rodent safe. I see this a 100 million dollar idea.
@@haralds4145 they are in Home Depot now
Jesus loves you & made a way for our sins to be forgiven, turn to Christ & repent for eternity in Heaven!
One really useful product. Not like others with forced demand
"She's only asking for 5% more". Yeah, but no. She actually only gave them 100,000K for 15% which technically took them from a 5 million to a less than million dollar evaluation. The other 400K was a loan. Sneaky sneaky.
well true but they don't need to use 400k unless they really need it, they can even take 350
Wait so they were selling 10% for $500k and ended up with $100k for 15% with a $400k loan they have to pay back. And Robert says what are you thinking about it’s 5% more. Yeah buddy it’s also $400k less
Exactly!!
Haha yeah,valuation got cut from 5 Million to 0,6 million and Robert says its only 5% more 😂
Lol sharks 🦈
i know the uploads arent in chronological order but I swear the last 4 or 5 ive watched the sharks have been extra pushy to finalize the deal for another shark. straight up belittling the guest for contemplating at all...
@@Idrissou09 they knew 5M valuation was kind of rich though.
Robert was just sick through out this episode!!🤣
Flashbacks to counting critters on the boat over here
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They were smart to take Lori’s deal and not counter
Lory would have accepted a counter. She see the potential. She really really wanted it and you saw how happy she was that no shark got in. Licensing the patent can make easy a hundred million dollar. The money is in the patent. She can licence to a bed store and they can sell bedbugrepellend beds. Or she can license to companies that produce the color for the bases of houses....
A hug from Lori was worth the extra 5 percent lol
simp tax
@@ashwina.vardhan5831 🤣🤣🤣🤣🤣🤣🤣🤣
Incredible no one’s talking about the loan part. It’s not 5% at all, it’s 15% for $100k and then they still owe $450k. Gigantic difference
bro is down massively
@@whatsadog2445exactly !!!
Kevin definitely has his courage tested with this product.
Kevin you're a rodent. Go test it 😂 Mark was savage with that one 😂
Sounds pretty personal doesn't it?😂
The perfect timing for lunch
From china ?
I would definitely do that to my home. However, the major question is how long will the coating last foe
My guess would be 1-2 years
Lori cut their valuation down from $5M to $666,666 and they took it? 😱😱( $400K is a loan! ) Am I missing something here?
Exactly!!
Must be confidence in that they can pay that loan without problem
They were salesman but Robert was a better salesman than them both. But to be fair, I think they were worried about losing the only deal they had. Although I would negotiate from 100k cash to 200k or 250k cash at least
It's definitely a cool idea. But I wonder if this any different than a clear hi-gloss latex paint I can buy for $35/gallon instead of $100.
And what happens when dust, dirt or fine gravel gets on the surface? They can rock climb up.
Quick fact check for anyone that cares. The Arizona Bark Scorpion is NOT one of the most venomous scorpions in the world. In the USA yes, but in the world, not even remotely close.
"Its a family reunioun' got me
They should put this around the entire city of Houston.
Well Robert she’s not just asking for 5% extra is she, she offered 100000 for 15% and the rest as a loan
In the beginning Damon's face said, " not my house" lol
This is actually a pretty genius product ngl
It is but not a genius business.
I wanted to hear them talk more about underground, pipes, etc
Put a piece of food on the slick-brick and see if they can get to it.
I was thinking the same thing
Lori had a great perspective.
I thought it was actually cool. Its like a plexiglass, but in liquid form. They didn't mention spiders though. Remember spiders can climb anything. But I see how it can work for the actual pests that most people hate. Rats and roaches.
But in places that have scorpions and roaches, this is essential. I can see the product working for spider. I’ll deal with some flies and a spider here and there. But to not have ants, scorpions, or roaches: I’m sold.
in their website they have videos of spider´s not being able to crawl
@@lizardqueen7052Does it include jumping spiders? I get those a lot but welcome that kind because they are a pest control themselves. The can easily jump a long distance if they want.
They did say spiders at the start of the pitch.
Uploaded at a right time when I was eating or Ironing
They would make way more cash offering their service to people and franchising the service business
Today's lunch wasn't too nice with this episode:)
I get it I was eating dinner while watching this 😫
this is the least lunch-able episode ever lmao
So really the evacuation they got was 100k for 15% since the other 400k was a loan.
*evaluation
Exactly! Lori cut their valuation down from $5m to $666,666, not very smart entrepreneurs!🤦♂
Their product repels insects not sharks
Great insight by Lori. She made a bet on this business. I bet she can turn it around
When he started thinking to take Lori’s 15% I was like you must be kidding me lol! It’s just 5% more and all sharks are out !!
Completely disagree. Lori played them hard. Lori was only paid $100K for the 15% equity, as the the other $400K was a loan that will have to be paid back with interest (probably about $480K total assuming a 10% rate on a 2 yr note). Effectively she got her equity at a $667K valuation, compared to the $5M that they pitched at.
@@anivnayar Lori didn't play them that bad. IF the product really does work, then she'll essentially guarantee that they'll be successful as they can be. She can connect them with the nation in ways they couldn't before.
@@anivnayarthey were not at a 5 mil though.
But she can take it 20x more.
Man, Mark’s shark socks are slick.
The only issue that i can see with this product is , is it paintable? If not theb it has to be removed to be painted. Eveb rapint when the base paint fades.
If thet already got over that hurdle then its reall good!!!
I'm on lunch right now. It's not just "spray, spray, spray" 😂😂😂 most pf it is yes 😂😅 but we do other things
Yes this is practical
I have scorpions running around my house all day long
If no form of living creatures can live within our homes, what room do they have left when we continue to rapidly expand?
How long does it last and have to be repainted? Many insects are able to fly including roaches and ants, and also work on the wood?
It does work on wood. The ants in my area don't fly and neither do the roaches. Even if an insect can "fly", it will fly higher up the surface that has been coated with slick barrier and won't be able to attach itself and just fall to the ground.
The look on Marks face 😂
And here they are later, in Home Depot!! Good job on your success!!
Mark told them to get a percentage of the other company's service when all they did was provide the paint... haha
100k for 15% was fair, at the point theyre in it's basically a start up. only their services had revenue, not the product. 5mil valuation with no sales on the product side was steep.
“It’s been years since I spoke roach.” What 😂?
Wow I can hear the audio this time
Guys , Really what’s wrong with Daymond?
Became so grumpy
U wanna talk to the rat's first hilarious 😅😅
Looks like Sony has finally fixed the Audio issues.
It's louder but the audio seems to have been compressed before being uploaded to RUclips so the audio sounds like a low quality mp3.
Brilliant invention.
Any updates?
Wow... just literally as I was watching this video and it showed the scorpions and cockroaches, one of those earpincher bug things crawles up on my chest from behind my shoulder 😖 weird!
"The cockroach community" 🤣🤣
I think they got the bad deal 400k loan and Lori just made 15% on the 100k.
I’m in pest control and Robert is right they will come in there are too many holes and cracks but this would be good for bats and wood peckers
Their problem isn’t their valuation it’s the retail price
Wait a second, the question about why not just using plexiglass was dodged no? I have been dealing with this problem for a while now and came to a conclusion the only way, is with these paint/spray products and google avoided telling me which material is anti bug climbing and the answer was sitting here the whole time. 💀
10:25 I so want to do this with Lori.
Well, you're not the only one.
I want to do it with my favorite shark 🦈 Girl 👧 Lori.. you know the Deal 🤝 Lori. Let's Do it. Madame
Should've skipped this one for lunch today.
Great product, without kill them!
I need this to put on my bed legs!!! Why don’t they make bed legs that are like this by default
i don t understand how standing on those bricks with shoes on was impressive/dangerous in any way. Even barefoot wouldn't of been impressive
"What is there to think about?"
There is not!
Try it in Australia
LMAOOOOOOO
I kept imagining a New York rat, the kind that casually bites its way through metal and carries slices of pizza, doing a number on that block.
Fuhgeddaboudit
"She's only taking 5% more than what you're asking..."
Robert couldn't have been more wrong here. Lori offered them only $100k for the 15% because the remaining amount of $400k was given as a loan at interest and payable within 2 years. It's a terrible deal and those guys obviously aren't business savvy. Their company valuation has been cut down from $5M to only $666,666.66 which is a complete disaster for a business. On a side note, has anyone else noticed the NLP tricks she used on them (probably unconsciously) when she said:
"even if it cuts down the amount that gets in. It's better to have 1 scorpion than 500"
Cuts down the "amount"... better have 1 (hundred) than 500. Interesting usage of the word amount here when referring to a countable noun such as scorpions.
Anyhow, it's a terrible deal and Robert was being dishonest and unfair.
I would bet a million dollars that it doesn’t stop rats. Also a lot of pests get into a house from the roof and into the attic.
Lori is a GILF.
Wouldn't that be "SHILF"?
@@theburg2220 What in tarnation is a SHILF lol
@@Eckh4rt A SHark that I'd LF
"Scorpions, rats, cockroaches, bedbugs, *Kevin* "😂
The pitch is insane, good product
if you think about the it just wrote off 500 k in tax lol and they have to repay her and if they actually end up winning she gets a part of their company thats fkn rough bloody sharks lol
I kinda wanna hug Lori
Why would anyone find rats and scorpions disgusting? Inside your house for sure, but in a glass box? Come on Robert, the rats are easily scared by that croaky voice.
This was a bad deal. They will pay Lori 200k a year plus interest and they only grossed 650k last year no profit
Okay but what about doorways, you can't slick that because there's no wall for a doorway 💀
such a dumb comment why are they not climbing the plastic so the shark tank doesnt get invaded lol
1:20 😂 What did he say?
Roaches can fly and can come up through drains, so this is ineffective. Scorpions can come in under the door .I would not invest.
But they can go under the house through the cracks
Yea but ants and other bugs can crawl up it right?
But what about the flying cockroaches 🪳
This is not the episode to watch at lunch
Update?
What a offer kinda needed time to think about
So concrete?
they were tricked. 5% more only but for 400K less on equity
But if $400k is a loan with todays interest rates that they'll have to pay back in 2 years, then they actually gave away 15% for $100k, not $500k.
But you get a shark 😅
Enjoy your lunch everybody!
Polyurethane is cheaper 😂
YOU CAN'T KEEP PESTS OUT. THEY WILL ALWAYS FIND A WAY IN.
Blue house is protected. Just like the blue houses that survived the maui fires
Notice how they didnt say spiders.... those fkrs can climb on anything
Lori is so beautiful
Why are you talking to Mark about schools? And telling Kevin he gas a special relationship with cockroaches? And did he answer the question about plexiglass? And why would pest control use this when there is no repeat business? Is it $75.00 a gallon or $100.00 a gallon? Weird!
There’s no way it’s worth $500’000 for 10%
I’m surprised Lori didn’t gun for more %, 20, 25?
She didn’t have to, she got 15% for only $100,000. With a $400,000 loan, that with interest could be close to $500,000 (depending on how long they take to pay it off).
She got 15% for a about a $666,000 evaluation. They came in asking for $500,000 for 10%, a $5,000,000 evaluation. They stated they previously took investment with a $3 million evaluation.
She undercut their evaluation by so much, they didn’t even get to think about it, because Robert jumped in and said “it’s only 5% more..” but it wasn’t just 5% was it?
Lori got 15% of the company and will make her $400,000 back plus interest for only $100,000. A safer and better deal for her.