InvestorsHub Logo

bootysweat

11/08/17 4:47 PM

#5970 RE: mcord #5969

Hugo and Barbara declined the deal after it aired. She has nothing to do with it

jrf30

11/08/17 4:51 PM

#5971 RE: mcord #5969

Nope.

"Final dea:l with Barbara Corcoran
$100,000 for 40% equity with "

But GOOD thing that fell through. think about it. 40% for $100K? That would value the whole company at $250K. ANd if she doubled the stock by her input, would put us at $500K market cap. We are above that now. I can't imagine them giving up 40% for $100K!! that would be insane

Convergence

11/08/17 5:04 PM

#5973 RE: mcord #5969

No this has been resolved. She helped them get into a few places but is no longer with them.

They are crushing it

JPL1868

11/09/17 6:29 AM

#5984 RE: mcord #5969

That’s your best DD? If you dig just a little deeper you will find:

1. There’s a Tweet from the company with a link to a Forbes article saying the Shark Tank deal never went through.
2. There’s no bio or mention of Saavy on Barbara’s website, but there’s a page for all of her other Shark Tank investments.
3. There’s no mention of Barbara in any company filings. She’d be in there if she had 40% ownership.