Enviro-Thaw Leaves Dragons Speechless After Disclosing Turnover | Dragons’ Den

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  • čas přidán 5. 10. 2021
  • Karina Oldale of Enviro Thaw is looking for an investment of £115,000 and in return, she's offering 17% of her family-run company. The company holds the European distribution rights for the environmentally friendly product that is commonly used to combat the effects of snow and ice throughout China and Asia. Enviro Thaw was established to expand the Beijing Santywell product line into Europe and provides de-icers that are effective to -55°C.
    An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
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Komentáře • 2,2K

  • @dalemitchell3635
    @dalemitchell3635 Před 2 lety +7168

    I don't think I've ever watched one of these without eating

  • @scottpollock6549
    @scottpollock6549 Před 2 lety +1472

    I live in the USA, been watching Shark Tank my whole life. I love how *_CALMING_* Dragon's Den is compared to Shark Tank. So relaxing, no loud music, no loud sound effects, no loud 'Dragons/Sharks'. It's very pleasant to watch.

    • @chimp9465
      @chimp9465 Před 2 lety +134

      British versions of shows are very similar to how we do it, the British version of Kitchen Nightmares for example will trip you out lol, actually having restaurant owners who listen to Gordon's advice

    • @innerdumbasssystem
      @innerdumbasssystem Před 2 lety +114

      These are British shows you guys ruined. Like shameless or the inbetweeners or anything really.

    • @dannygreen5477
      @dannygreen5477 Před 2 lety +49

      Same with Kitchen Nightmares.. Those annoying damn sound effects.

    • @joey-pn3xe
      @joey-pn3xe Před 2 lety +84

      Lol you literally described what we think of the U.S. Loud and annoying.

    • @max12211
      @max12211 Před 2 lety +28

      Oh my god I tried to watch shark tank the other day and had to turn off. It’s been so dramatised and crazy

  • @callumlgrady
    @callumlgrady Před 2 lety +3430

    As far as I can see, Karrina ran the company with her son (Sam) and her husband (Ian) for around 2 years after this episode aired, then began liquidating assets due to crippling debt. She then moved the Enviro Thaw brand to a company called Envira Products, this time without any family on the board. Sometime in 2018, that company exchanged hands to a serial entrepreneur called George Scott (although it's hard to tell what kind of deal was struck), who still sells Enviro Thaw products under Envira Products. Latest filing puts the company net worth at a huge £3,476.
    Karrina now works for Intele as a travel agent.
    Fun fact, she can speak French and German, and her favourite animal is the elephant. True story.

  • @WoFDarkNewton
    @WoFDarkNewton Před 7 měsíci +51

    I like her, she seems like a good vibe. Not a pushover, but jovial and respectful. A very tricky line to walk, especially under pressure. She reminds me of some great history teachers I know.

  • @ASH.......................1976

    That was a classic when Duncan forgot his question 😄

    • @wizzotizzo
      @wizzotizzo Před 2 lety +2

      @@Smith6265 what

    • @MartinHiggins1972
      @MartinHiggins1972 Před 2 lety +52

      He said, "That was a classic when Duncan forgot his question 😄"

    • @iceala
      @iceala Před 2 lety +5

      This thread has rightfully confused me.

    • @bmcgoo6027
      @bmcgoo6027 Před 2 lety +3

      Duncan and the other guy had had a few sherbets at lunchtime.

    • @B-RaDD
      @B-RaDD Před 2 lety +1

      😂🤣😂

  • @movzfast
    @movzfast Před 2 lety +1946

    I like the way how everyone was calm and very friendly in this episode. Peter had the best advise and at least she got an offer from the kids inheritance money guy

    • @pimpozza
      @pimpozza Před 2 lety +116

      😂😂🤣🤣 "The kids' inheritance money guy" 👍🤭

    • @jackurokawa3838
      @jackurokawa3838 Před 2 lety +123

      You mean Theo the Fetus?

    • @justincase9888
      @justincase9888 Před 2 lety +39

      The offer was just friendly. Who would give up 50 %

    • @aquapony
      @aquapony Před 2 lety +29

      @@justincase9888 I cannot understand why Theo wouldn't give a percentage back if they hit their targets. In that case they already turned over at least 10 million so he would be quids in anyway.

    • @harrypot3381
      @harrypot3381 Před 2 lety +10

      @@aquapony he dint want the fucken deal ... he's a docuche and makes douchey offers regularly

  • @bennyjetsaroundtheworld9047
    @bennyjetsaroundtheworld9047 Před 2 lety +714

    Honestly we need this in Canada im tired of used cars being almost umbuyable because they're so rotted out from the road salt

    • @naxgulengames9863
      @naxgulengames9863 Před 2 lety +99

      I think that is where her biggest drawback is at that point. She only has rights to distribute in Europe and the U.K. if I remember correctly. If she could distribute in the U.S. and/or Canada she would make a killing. Especially with the fact that it is environmentally friendly and far less damaging to the surfaces it is used on. I would not see it making much on store shelves as regular people are less concerned with that and more concerned with there money but, airports, cities, and commercial businesses would eat this up.

    • @amh9494
      @amh9494 Před 2 lety +9

      @@naxgulengames9863 some parts of Europe get pretty epic winters too.

    • @Katarax
      @Katarax Před 2 lety +22

      @@amh9494 yes but 100% of canada and about 80% of the US get snow and ice bad enough to need the roads salted... with the huge eco push these days cities/state/province government offices would buy this in the millions of tons... again as far as like home use it is something i would probably buy a bucket if it didnt have a shelf life to have at my house if the price was right on it...

    • @amh9494
      @amh9494 Před 2 lety +15

      @@Katarax true but she had the rights to Europe there's definitely a market in Scandinavia for eco friendly products and plenty of ice and snow in the winter.

    • @matthewking5612
      @matthewking5612 Před 2 lety +2

      The term you're looking for is probably 'unroadworthy' and I'd also replace 'almost' with 'completely'.

  • @xXESSwiftXx
    @xXESSwiftXx Před 2 lety +414

    I love the choice to not add background music over Dragons Den. It feels more real.

    • @420_24seven
      @420_24seven Před 2 lety +34

      I read that comment whilst listening to the backround music

    • @motttta
      @motttta Před 2 lety +1

      @@420_24seven You mad lad

    • @XJokermanX
      @XJokermanX Před 2 lety

      Why would there be background music

    • @LordSummerIsle73
      @LordSummerIsle73 Před 2 lety +2

      @@XJokermanX in shark tank they have constant music

    • @XJokermanX
      @XJokermanX Před 2 lety

      @@LordSummerIsle73 oh ok

  • @TobyE96
    @TobyE96 Před 2 lety +2767

    3 things guaranteed in life:
    -birth
    -death
    - eating food whilst watching dragons den videos on CZcams

  • @cbrad-eo6nt
    @cbrad-eo6nt Před rokem +63

    Ice lady is an incredible negotiator and a solid, no-frills presenter. Good for her.

    • @chipbuttytime3396
      @chipbuttytime3396 Před 4 měsíci +2

      18 months her company lasted.....

    • @oSpam
      @oSpam Před 5 dny +1

      @@chipbuttytime3396how long has yours lasted?

  • @Greg-fl4cb
    @Greg-fl4cb Před 2 lety +350

    I love her optimism and she comes across as a genuine person but it would have been a very risky deal for any dragon.

    • @Gladwebs
      @Gladwebs Před 2 lety

      Great idea, but too expensive my friend 🇨🇦

    • @dwadd7528
      @dwadd7528 Před 2 lety +15

      scammed by chinese

    • @tooshlong
      @tooshlong Před 2 lety +2

      Closed down in 2018.

    • @fgcpeak9591
      @fgcpeak9591 Před rokem +2

      Genuine intentions don't make money

    • @sherrix6881
      @sherrix6881 Před rokem

      She a straight clown 🤡 shoes and everything

  • @MrJoecool9999
    @MrJoecool9999 Před 2 lety +193

    She is certainly no Saleswoman - one of the biggest selling points should have been the fact that it works down to much lower temperatures than rock salt - we had spells in recent years where our local council don't bother putting down salt if the temperature goes too low - because it does not work....!

    • @MrJoecool9999
      @MrJoecool9999 Před 2 lety +28

      @Stabswache Yes i wondered about that - the Dragons are usually bending over backwards to be environmentally friendly - but didn't seem to want to know what was in it or what it might do to the environment....!

    • @Deiikyss
      @Deiikyss Před 2 lety +5

      She’s a travel agent now

    • @kathleenbratti9258
      @kathleenbratti9258 Před rokem +2

      Possibly because the temps in England don’t go that low?

    • @MrJoecool9999
      @MrJoecool9999 Před rokem

      @@kathleenbratti9258 Is that the only country they intended selling it....?

    • @beeble2003
      @beeble2003 Před 2 měsíci

      Salt works down to something between -10 and -15. Most of England never sees temperatures like that.

  • @jesusbermudez6775
    @jesusbermudez6775 Před 2 lety +456

    She was very composed and assured that she was going to succeed. She just could not convinced them, because they are not barking mad.

    • @SeriviusR
      @SeriviusR Před 2 lety +38

      I got a feeling of desperation from her body language, may have just been nerves though?

    • @Jordan-Ramses
      @Jordan-Ramses Před 2 lety +20

      She didn't seem at all composed or assured to me. But I'm American so maybe it's a cultural difference.

    • @jesusbermudez6775
      @jesusbermudez6775 Před 2 lety

      @@Jordan-Ramses Maybe

    • @mariosavva999
      @mariosavva999 Před 2 lety +2

      🤣🤣🤣

    • @potatoradio
      @potatoradio Před 2 lety +1

      Going to need to buy my 4th bag of the U.S. equivalent in 6th years here in Idaho. That's if it's not sold out like it has been several times the last few years.

  • @rebeccasykes3862
    @rebeccasykes3862 Před 2 lety +601

    Naw I actually felt bad when I could see tears in her eyes, she's too pure

    • @dazediss6629
      @dazediss6629 Před 2 lety +64

      Just a nice lady that’s been taken for a cheap ride by a Chinese businessman. That’s the reason why there’s so many billionaires in China.

    • @tedcrilly46
      @tedcrilly46 Před 2 lety +12

      @@dazediss6629 Yep. Her tears say more than real evidence every could.

    • @superyachtchef
      @superyachtchef Před 2 lety +24

      Their went out of business in 2014 and unfortunately hurt the family deeply 💔

    • @divinesoul23
      @divinesoul23 Před 2 lety +11

      @@dazediss6629 yep. As soon as she mentioned China and the insane goal she had to hit, I thought, "They're getting rich off of you...and you haven'5 realized it."

    • @jasonbuckley4118
      @jasonbuckley4118 Před 2 lety +3

      ​@@superyachtchef lol what no.. their company is valued 7x of what it was worth when she proposed on Dragons Den.

  • @cody2470
    @cody2470 Před 2 lety +1293

    Always hope these work out. It’s a shame that the company is dissolved now :(

    • @penepatitenor
      @penepatitenor Před 2 lety +43

      😂😂😂😂😂😂😂😂😂

    • @VikingGekz
      @VikingGekz Před 2 lety +14

      😂😂😂😂

    • @penepatitenor
      @penepatitenor Před 2 lety +27

      N’ice going there!

    • @cody2470
      @cody2470 Před 2 lety +243

      @Bubba Smith seems so, there’s another company with a similar name. On their website the lady in this video is listed as part of the sales team. Seems they’re still going which is nice to see!

    • @joelyons886
      @joelyons886 Před 2 lety +6

      @Stabswache bumbum 😂😂😂

  • @Loruca
    @Loruca Před 2 lety +151

    Being safe for pets is what got me. I bought a bag of something that looks like this a couple of years ago. It was four times more costly than rock salt, and I used it up a lot faster than I would salt. I've taken to using wood chips or mulch. It doesn't melt the ice but it does give my dog and me traction. Totally compostable and from the environment. The nice thing is when there's a thaw the wood chips float on top of the water and it remains on top when the water freezes again. The only downside is I have to keep the stuff indoors because when it freezes out in the garage it be comes a solid block.

    • @mcfcguvnors
      @mcfcguvnors Před 2 lety +6

      she works in a travel agents now

    • @wizzotizzo
      @wizzotizzo Před 2 lety +1

      @@mcfcguvnors what

    • @amh9494
      @amh9494 Před 2 lety +7

      @@wizzotizzo YOU 'EARD

    • @thomaseriksen6885
      @thomaseriksen6885 Před 2 lety +3

      I'll chime in with what little I know. If you must "de-ice" then run with cheap salt and hot water BUT preventative measures like shoveling immediately after it stops snowing are a lot better in the long run. Dont step on it and compress it before going to sleep to the sound of raindrops. Cheers from norway

    • @Loruca
      @Loruca Před 2 lety +8

      @@thomaseriksen6885 The water freezes. And the salt isn't good for my dog's feet. I've had to deal with a lot of ice.. I read an article years ago that the city of Edmonton uses the wood chips or mulch because of the Chinooks, which cause a constant freeze/thaw cycle. I don't have that cycle here, but I do find that the wood chips do provide traction. Yes, shovelling and plowing are essential. I get a lot of snow where I live.

  • @neilpa
    @neilpa Před 2 lety +341

    Didn't think this looked like a terrible investment, but Touker didn't even get out of bed for this, so must have been......

    • @anubusx
      @anubusx Před 2 lety +16

      And Jenny was still out.

    • @dougdougeson8692
      @dougdougeson8692 Před 2 lety +7

      I’m surprised she made it out of bed to get to the den. Forklift must’ve been working overtime

    • @tomsunshine6209
      @tomsunshine6209 Před 2 lety +2

      And Duckon is from Scotland after all it had to be about money.

    • @khandadonb111
      @khandadonb111 Před 2 lety +1

      Love how you've stopped spamming after being roasted so much 😂😂

    • @neilpa
      @neilpa Před 2 lety +2

      @@khandadonb111 YOU'RE the one that got roasted. Now go back to your degeneracy and accept the reality instead of looking for comments to reply to.

  • @junkrat1
    @junkrat1 Před 2 lety +351

    The old dragons den special. "I'll give you the money for half the business"

    • @fosfeen
      @fosfeen Před 2 lety +40

      Lol. Also half the business would mean half of the stock. Which is already more than the total investment. So even if the business fails, Theo would have gotten his money back.

    • @wyattsayer
      @wyattsayer Před 2 lety +12

      The old I’ll give you the money for 99.9% of the business

    • @christophersmith49
      @christophersmith49 Před 2 lety +3

      Yeah man the classic special :) hahaha. Give me half for nothing basicaly. For borrowing few bucks. I love to be on that side of table compared to be crappy 0.05% on a savings account.

    • @christieatuh
      @christieatuh Před 2 lety +1

      crazy asking

    • @alangardiner872
      @alangardiner872 Před 2 lety +3

      @@fosfeen if???? They, He could liqidate the stock....

  • @youvebeenslain6085
    @youvebeenslain6085 Před 2 lety +25

    "Never be so sure of what you want that you wont take something better". and "half a watermelon is alot better than a whole grape"

  • @slydawgg
    @slydawgg Před 2 lety +283

    Crying because she’s just realised she’s been ripped off. Poor lady my heart goes out to her and I wish you the best of luck for the future.

    • @willman85
      @willman85 Před 2 lety +2

      By who?

    • @Exarhadsgfds
      @Exarhadsgfds Před 2 lety +28

      @@willman85 winnie the pooh

    • @jordanreynolds1498
      @jordanreynolds1498 Před 2 lety +27

      The Chinese

    • @willman85
      @willman85 Před 2 lety +71

      @@jordanreynolds1498 She was the one who chose to spend £240,000 on the venture, nobody put a gun to her head. In her own words she discovered a product that she wanted to bring to the UK. She had always known what targets she'd have to hit. If she bit off more than she could chew then that's her own fault, not the manufacturer. If anyone ripped anyone off it's herself ripping off her children for their inheritance.

    • @jordanreynolds1498
      @jordanreynolds1498 Před 2 lety +7

      @@willman85 🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳

  • @PhaRoaH87
    @PhaRoaH87 Před 2 lety +274

    I see the usual lunch time crew are here on their breaks 😂

    • @Adam23200
      @Adam23200 Před 2 lety +3

      😂😂can’t go wrong with lunch and a bit of dragons den, we sometimes have it on in the works canteen 😂😂😂

    • @lotte5320
      @lotte5320 Před 2 lety

      HAHA

  • @JoshF848
    @JoshF848 Před 2 lety +40

    Knew this would be an entertaining one the moment she said seventeeeeen percent like that

  • @spidaminida
    @spidaminida Před rokem +6

    I can't help but feel that she didn't make a big enough deal about the non-corrosive aspect of the product. Salt is so corrosive and it creates an environment where machinery breaks down much more quickly, I can't imagine how this would not be a great idea in industrial environments.

  • @hardlines2635
    @hardlines2635 Před 2 lety +76

    With Gus Fring and Walt gone and Jessy not cooking I suppose she saw a gap in the market for the blue stuff.

  • @peterd788
    @peterd788 Před 2 lety +82

    The company lasted 18 months until it was struck off the register. It never filed any accounts.

    • @DaveWhoa
      @DaveWhoa Před 2 lety +10

      their website is still running and you can still buy the product from retailers. I'd wanna know exactly what it's made from first though, which is Calcium chloride, magnesium chloride, potassium chloride and sodium chloride

    • @thestarshavefallen
      @thestarshavefallen Před 2 lety +21

      Dissolved in 2014 correct. The product still exists but the case may be that another entity has the distribution rights from the manufacturer in China.

    • @peterd788
      @peterd788 Před 2 lety +17

      @@thestarshavefallen The new company was started by her and it was shambolic and was slated for compulsory strike-off again. That was suspended. Two years later she resigned and got re-appointed which lasted 8 days. It's now, for the third time, awaiting strike-off from the Companies Register.

    • @thestarshavefallen
      @thestarshavefallen Před 2 lety +15

      @@peterd788 nice research mste. I suspect there must have been a major fundamental flaw to this product that was not made clear in the pitch and I really expected grit salt to go on the other ice block to give a comparison.
      If I'm to really speculate, the particle size makes spreading more difficult with existing machinery designed for salt, it seems light, airy and by her own admission disssapears completely (more reactive with environment?) therefore it might not be as easy/stable to store in a grit container as salt is or be as effective at adhering to surfaces like salt does.

    • @BenjaminGoose
      @BenjaminGoose Před 2 lety +8

      @@DaveWhoa "their website is still running" That really means nothing. It costs peanuts to leave a website up. Hosting is cheap.

  • @elmodiddly
    @elmodiddly Před rokem +26

    It is horrific to see a woman who has been completely and utterly ripped off through pure ignorance and greed. Her business has since closed and I can only feel sorry for her.

  • @davids3539
    @davids3539 Před 2 lety +7

    Dunno how many cuts there were in the video, but that block of ice was till standing by the end of it.

    • @Lakishia
      @Lakishia Před 26 dny

      shouldve poured the whole bucket on it instead of a handful

  • @ishitrealbad3039
    @ishitrealbad3039 Před 2 lety +16

    They all forgot to aks the most vital question;
    Does the rock salt dissolve ice/snow faster than the blue balls?

    • @benx6549
      @benx6549 Před rokem

      That wasn't the most important question 😅

  • @jrbs
    @jrbs Před 2 lety +19

    "Stud farms"
    Immediately zooms in on Deborah 1:35 🤣

    • @BoilerUp985
      @BoilerUp985 Před 2 lety +1

      Well Deborah has a personal involvement with horses and has her own, so that probably accounts for the pan.

  • @t-rex4211
    @t-rex4211 Před 2 lety +4

    A single airport uses 500,000 tonnes in a single winter. That’s about 250,000 m³. Surely that can’t be right

  • @mrcrazybristolian1825
    @mrcrazybristolian1825 Před 2 lety +121

    Checked to see if this company was still going it says “Company Status: Company is Dissolved” you really couldn’t write it 😂😂

    • @samwise5493
      @samwise5493 Před 2 lety +6

      That's because it's rebranded.

    • @mrmonkeynews587
      @mrmonkeynews587 Před 2 lety +3

      @@samwise5493 Rebranded to what?

    • @wonkydogleathercraft6698
      @wonkydogleathercraft6698 Před 2 lety +10

      Clearly rebranded in to a different name thats all. Same directors but they have increased turnover 700%.....you couldn't write it

    • @1601tgc
      @1601tgc Před 2 lety +2

      @@wonkydogleathercraft6698 you don’t dissolve a company to rebrand it. Maybe they restructured, maybe they sold the licence and liquidated the company, maybe they failed …… but dissolving
      a company has nothing to do with rebranding.

  • @wallaceluna6241
    @wallaceluna6241 Před 2 lety +62

    I think she failed to prove the long term affects that her product can "prevent". Salt is very corrosive n when used alot that'll amplify the corrosion it can do. In an Airport/Trucking industry she could potentially save them "Maintenance" money if she can prove the claim with numbers ofc.

    • @raymondberg7385
      @raymondberg7385 Před 2 lety +11

      I think the problem she had was the fact that she basically only had a exclusivity agreement that was contingent on either a massive contract, or a ton of minor contracts, with a pretty strict timelimit. Had her company owned the recipe it would have been something entirely different, but they didnt, soo..

    • @chasekruse7047
      @chasekruse7047 Před 2 lety +12

      As an Aircraft mechanic, this would never get used for aircraft (at least FAA/American certified ones). The air industry prefers liquid and air based, this product is chucking tons of FOD (Foreign Object Debris) at aircraft, and I cant see the FAA approving its use for safety reasons.
      On top of that it wouldnt even save on maintenance since literally all we use is fluid or the aircraft already has built in anti-ice/de-ice systems

    • @wallaceluna6241
      @wallaceluna6241 Před 2 lety +3

      @@chasekruse7047 I'm not saying her product is the cure all. But if she wanted to sell it to say airports or truckers. She failed to show what it COULD do to help those industries. Just saying "Oh itll help" With no evidence is a cuck lmao. If its like salt but not as corrosive then it could have its place. But like you said Foreign objects will be getting into the engines with this tho.

    • @Skyfighter64
      @Skyfighter64 Před 2 lety +2

      @@chasekruse7047 I can see where you're coming from, I'm also an A&P mechanic, but there's a hundred access roads or other surfaces that still use rock salt on a given major airport. Using something like this would save money for businesses operating on airports, at least in theory.
      My bigger concern is that it doesn't look like the product was having a strong enough impact on the ice block. Rock salt would have melted a not insignificant portion of the ice block in the time the interview took.

    • @alkaholic4848
      @alkaholic4848 Před rokem

      @@chasekruse7047 Are you just talking about de-icing the aircraft itself, or how they keep the runways clear?

  • @lemonjuice3551
    @lemonjuice3551 Před 2 lety +80

    Regardless of the product and business I thought that was a flawless performance from her. Son and husband must have been proud.

    • @maverickstclare3756
      @maverickstclare3756 Před 2 lety +9

      strange, I thought she was absolutely awful. Zero charisma and she's supposed to be *selling product*

    • @sean_haz
      @sean_haz Před 2 lety +3

      @@maverickstclare3756 I'm with you, I think its a good product but with a bad demonstration, really needs to show the lack of residue etc, she didn't show what happens to it once it dissolves at all

  • @dsmsl9734
    @dsmsl9734 Před 2 lety +90

    i do find it ironic that this company has itself now...dissolved. Karrina is now a Travel Consultant (no really) specialising in trips to Iceland

    • @HistoryonYouTube
      @HistoryonYouTube Před 2 lety +2

      I think someone else took over the business.

    • @Gorrgrim
      @Gorrgrim Před 2 lety +15

      sounds about right she has a really great salesman personality she probably makes a great travel scammer.

    • @wideawake914
      @wideawake914 Před 2 lety +2

      What selling that ice.

    • @clairelouise4063
      @clairelouise4063 Před 2 lety +3

      i'm guessing its an ice to eskimos situation....and next year she will come back with coals to newcastle...i love her!!

    • @edmundblackaddercoc8522
      @edmundblackaddercoc8522 Před 2 lety +2

      Iceland deliver now.

  • @jstra
    @jstra Před 2 lety +157

    It's always fun to look up these companies to see what happened. It looks like the dragons were right on this one.

    • @Goady1000
      @Goady1000 Před 2 lety +16

      Apparently not as slightly different name change but she's listed as an owner

    • @hercules_144
      @hercules_144 Před 2 lety +4

      Envira Products

    • @garywillis7428
      @garywillis7428 Před 2 lety +2

      @@Goady1000 I don't think so. I could see some companies accounts, but only for 2014. Maybe I didn't delve deep enough, also don't think I've ever seen it on sale either.

    • @jstra
      @jstra Před 2 lety +2

      @@Goady1000 She resigned as director a while back. If I remember it's a guy called Scott or Steve now registered in Scotland. Under the new name I mean.

    • @BugattiBoy01
      @BugattiBoy01 Před 2 lety

      @@Goady1000 It says the company was disolved in 2014? what did you see

  • @Britishdave09
    @Britishdave09 Před 2 lety +5

    In Canada and US, there's already competing products. The problem is that like this product, they cost 100 times what rock salt costs, especially by the ton, to essentially do the exact same.

  • @LivingOnaPrayer123
    @LivingOnaPrayer123 Před 2 lety +7

    Everytime Theo returns home from a Dragons Den episode...
    His Children-"dad, how much inheritance money have we got left in the bank now?"

  • @hesbri
    @hesbri Před 2 lety +92

    Ironically the company is ‘dissolved’ on companies house!!

    • @waiser4604
      @waiser4604 Před 2 lety +5

      i mean yes, as expected given she didnt have the support or investment of someone who knows exactly how to do these things.

    • @tedcrilly46
      @tedcrilly46 Před 2 lety

      YEEEAAAAAAAAAAAAAHH!!

  • @JAZIBKALEEM
    @JAZIBKALEEM Před 2 lety +24

    Should have gotten the distribution rights for Canada as well. It snows like crazy here and people would have loved this.

    • @helvete983
      @helvete983 Před 2 lety +3

      She had Europe, Scandinavia alone would have made her millions if she could have cracked that market.

  • @trollingisasport
    @trollingisasport Před 2 lety +41

    I don't think I've ever watched this when I wasn't eating out my wife.

  • @Jasper-Holland
    @Jasper-Holland Před 2 lety +14

    No letter of intent, just verbal words. Company buys 260k in stock with probably no way to sell. Ouch. Should have started slowly instead of putting so much capita

    • @huzcer
      @huzcer Před 2 lety +6

      Shipping. You can't bring in this sort of stuff from China in small amounts. Now shipping cost from china has gone up by 800% so might be difficult for the next few years.

    • @Jasper-Holland
      @Jasper-Holland Před 2 lety +1

      @@huzcer that makes sense, but shouldnt you wait for the contract before shipping the stock? Makes it so much riskier

    • @huzcer
      @huzcer Před 2 lety +2

      @@Jasper-Holland by sea (this stuff is obviously not going by air) the lead time from order to production to dispatch to delivery from China would easily be months tho - unless your customer will commit to buying months in advance you can't do that.

  • @jaymac7203
    @jaymac7203 Před 2 lety +144

    "I'll offer you the full £110,000 but I'll have to extort the sh*t out of you, sorry not sorry" lool 😭😭😂😂

    • @Wykesidefruitmachine
      @Wykesidefruitmachine Před 2 lety +13

      Yeah, at 50% he'd have literally immediately acquired more than that in stock value alone, 'at cost'!

    • @andipandi5641
      @andipandi5641 Před 2 lety +6

      @@Wykesidefruitmachine
      academic what it costs.. the whole thing hinges on whether they can sell it in bulk at a profit .. and he thinks that if they can manage that - it will require a lot of his work.. and if they can't - he has put all of that work in to maybe be sitting on a loss..

    • @AWidgetIHaveNot
      @AWidgetIHaveNot Před 2 lety +2

      It may be an apocryphal story but when Anita Roddick was raising money to fit out her first Body Shop cosmetics store her husband was away and she agreed to fit the shop out in exchange for a third of the companies shares. The Body Shop went on to become a global chain. The silent partner/investor went on to earn £400m from those shares and basically spent life on a yacht. The Roddick's repeatedly tried to buy him out but of course he wasn't interested! Extortion sometimes pays off which is why speculative silly offers make sense sometimes.

    • @davidohara7669
      @davidohara7669 Před 2 lety +2

      Extort? They went belly up.

    • @jerrythelobster7
      @jerrythelobster7 Před měsícem

      it required a LOT of work and you can check for yourself - she didnt make it at all.

  • @twisttrax
    @twisttrax Před 2 lety +71

    Theo wanted 50% because he knew it had potential but needed a lot of work. She should’ve taken it. If her family had the other 50% that’s better than 83% of nothing.

    • @jasonbuckley4118
      @jasonbuckley4118 Před 2 lety +2

      absolutley not. I felt like she was getting kicked on the ground when he asked for 50% after she said she staked $280k
      but good thing she didnt say yes beacuse her company is now worth 7x more than what it was when she proposed it to Dragons Den.
      she was staking 17% for $115,000.
      so she valued her company at $676,470.
      she invested ~$280,000
      $280,000x7 = $1,960,000 networth for only the money she invested.
      ($280,000 + $676,470 )/2 = $477,235 middle ground to make everyone happy.
      $477,235 x 7 = $3,340,645 networth if was an adverage of what she invested and what she valued her company at.
      $676,370 x 7 = $4,734,590 networth if what she valued her company at the time was correct.

  • @novaturbkkk
    @novaturbkkk Před 2 lety +60

    I think it's an excellent product and that lady giving the sales pitch handled it with ease.
    Lovely talker, well dressed and a down to earth Yorkshire woman (gods country)
    All the blessing and wishes 🙏

    • @lasercat538
      @lasercat538 Před 2 lety

      Turns out it didn't do very well

    • @coveralljohn
      @coveralljohn Před 2 lety +4

      @@lasercat538 gods fault

    • @lasercat538
      @lasercat538 Před 2 lety

      @@coveralljohn actually it was your mom's fault

    • @coveralljohn
      @coveralljohn Před 2 lety

      @@lasercat538 Your mom told me shes embarrassed about you.

    • @lasercat538
      @lasercat538 Před 2 lety

      @@coveralljohn Your mom said that your existence is a stunning endorsement of abortion

  • @b-dogs1038
    @b-dogs1038 Před 2 lety +40

    a strangely confident & dismissive type.
    •I’d be wary of anyone that only sees upside for their product

    • @GreatScottByJoe
      @GreatScottByJoe Před 2 lety

      Exactly she didn’t want to discuss any obstacles and her pricing is basically what killed this, too greedy. Also she put so much of her own money in which was ludicrous and agreed licence terms that were untenable! I’d bet she thought about all the above but still pushed it through.

    • @jessicataylor7174
      @jessicataylor7174 Před 2 lety

      @@GreatScottByJoe It didn't help that the other 2 business partners didn't bother to come to the negotiations either but gave her limitations on what she could agree to. If they'd been serious about it they'd have been there.

  • @GugzDhanjal
    @GugzDhanjal Před 2 lety +10

    Ice for lunch with a sprinkle of rock salt

  • @Bea_remembrance
    @Bea_remembrance Před 2 lety +12

    The airport information at the end got my juices flowing.

  • @lauriesicardaskey
    @lauriesicardaskey Před 2 lety +12

    Theo, Theo, what about declaring about your children's inheritance strategy. He went very high knowing it was an impossible ask. Prat.

  • @cjsnowdon
    @cjsnowdon Před rokem +5

    Loved how Duncan said the women at Tesco tried to scare her with 2k worth of forms
    The tesco lady should have gone higher, this lady would have completed 2k worth of forms
    Surprised she actually thinks though, someone else will read and check 2k worth of forms - OUCH
    Her kind of spirit melts your heart

  • @KingStr0ng
    @KingStr0ng Před 2 lety +5

    They keep calling it "optimism" when it's really just arrogance. Delusion. There's being optimistic, and there's also having an ego and not knowing when to quit.

  • @manikenpachi2760
    @manikenpachi2760 Před 2 lety +100

    This is such a good show it gives you a good perspective of how these business people have their mindset

    • @rishabhjain7543
      @rishabhjain7543 Před 2 lety

      No. That's not at all how VCs or angel funds work.

    • @Keanopro123
      @Keanopro123 Před 2 lety

      Its just a entertainment show

    • @wootle
      @wootle Před rokem

      Its not remotely like this IRL. This is for entertainment and these Dragons are there for the exposure. Many of them today are famous only due to this show.

  • @wordimobi5765
    @wordimobi5765 Před 2 lety +21

    Theo was crazy to make the offer, given the risk and effort required; she was even crazier to reject it.

    • @robertschriek1353
      @robertschriek1353 Před 2 lety +2

      She should have called his bluff and accepted it

    • @contactsiva18
      @contactsiva18 Před 2 lety

      She did well enough to convice Theo to even make that offer in the first place.

  • @darrennorniron
    @darrennorniron Před 2 lety +9

    The company dissolved in 2014. Shocked Theo even made an offer

  • @jawsch
    @jawsch Před 2 lety +6

    I'm amazed they aren't interested. Here in the US, this product would do well if sold to businesses and towns because in a lot of places like Kentucky where we get bad ice storms and the salt does serious damage to our roadways, which then result in a lot of maintenance and repairs on roadways, this product would be a huge advantage. Even with double the cost, the eventual savings to cities and businesses just in the reduced damage to roadways would be massive.
    I agree with everyone that I love how calm and straight forward this is. No dramatics

    • @Yakanhikoerotikkushiti
      @Yakanhikoerotikkushiti Před rokem

      Because she didn't had her numbers. She was pretty much giving a random number on how much she will make because she simply feels positive about it. That's not good enough. She wasn't even selling none of these. They were just on hold and to top it off her distributor for this is china. That's a giant red flag in the sense your better off creating this product on your own land than to have some socialist company slowly crawl into the infrastructure of societies businesses.

    • @alkaholic4848
      @alkaholic4848 Před rokem

      How does ice damage the roadways? I know it rusts cars etc, but never heard of it damaging the roads themselves before.

  • @jennag4541
    @jennag4541 Před rokem +18

    No matter what happens to this business I really love this lady. She's a little fighter.

  • @thomaseriksen6885
    @thomaseriksen6885 Před 2 lety +12

    I'll chime in with what little I know. If you must "de-ice" then run with cheap salt and hot water BUT preventative measures like shoveling immediately after it stops snowing are a lot better in the long run. Dont step on it and compress it before going to sleep to the sound of raindrops. Cheers from norway

    • @MrNotoriousjim
      @MrNotoriousjim Před 2 lety

      100% this, and if it is coming down hard, shovel every few hours so it is less on the back.
      after it stops coming down i do salt, but about a small tin can full for the whole walk just so there is a little grit for the little i could not get up.

  • @Cloud__ffvii
    @Cloud__ffvii Před 2 lety +12

    The company has stock worth 260k minimum, if Theo bought 50% of the company for 115k he could sell the stock immediately and be 15k up. It wouldn’t make any sense to sell 50% at that value.

    • @dadestor
      @dadestor Před 2 lety +2

      "stock worth 260k"

    • @hughm1383
      @hughm1383 Před 2 lety +3

      If the inventory can't be sold to anyone else, it's worthless. Theo doubted that this product would ever become popular.

    • @Cloud__ffvii
      @Cloud__ffvii Před 2 lety +1

      @@dadestor Yes. The stock holds a value, it’s classed as a business asset.

    • @Cloud__ffvii
      @Cloud__ffvii Před 2 lety +1

      @@hughm1383 No, he doubted she’d be able to sell enough to meet the manufacturers high targets.

  • @Ciprian-Amarandei
    @Ciprian-Amarandei Před 2 lety +18

    always a good idea to import chemicals from China and pour it on EU customers

    • @hamill06
      @hamill06 Před 2 lety +4

      This was my exact thought the second she mentioned China and then her market being the UK and Europe 😂

  • @redroger7745
    @redroger7745 Před 7 měsíci +3

    He was trying to buy 50% of her stock for £115k

  • @jetsetjourneysofficial
    @jetsetjourneysofficial Před 2 lety +7

    would love to know when each pitch was broadcast

  • @adamkoch212
    @adamkoch212 Před rokem +3

    Company is dissolved today unfortunately. I really think that product could be used here in Scandinavia. It's been a running problem whether to use gravel which obliterates the paint on the cars, or to use salt which is bad for the local environment and also corrodes the cars.

  • @KJ_2020
    @KJ_2020 Před 2 lety +8

    About Ireland: They hoped to sell more but they didn't get any snow 😂

    • @Dessienewshoes
      @Dessienewshoes Před 2 lety +2

      Snows once every 10 years in Ireland 🇮🇪

  • @evo5dave
    @evo5dave Před 2 lety +10

    Company is still going and she's still involved. Website is pretty slick. Hope she made it a success.

    • @BantheDan
      @BantheDan Před 2 lety +2

      nah mate it's been dissolved (pardon the pun)

    • @AlwaysBolttheBird
      @AlwaysBolttheBird Před 2 lety +1

      The site is probably just paid for hosting for a couple years but it doesn't seem like it actually exists

    • @Nords555
      @Nords555 Před 2 lety

      they liquidated it all, sold it to another guy, and now she is a travel agent.

  • @thefonzkiss
    @thefonzkiss Před 5 měsíci +2

    Should have taken the offer. The one thing she desperately needed is sales. And that’s Theo.

  • @VTSRIK
    @VTSRIK Před 2 lety +44

    When I started a new Job they was bemused I watched this as my lunchtime ritual 😁 a sammich, crisps, drink and whatever pudding is available 👍🏻.. eventually they sat beside me to watch 🤣

    • @mohammedyakub3760
      @mohammedyakub3760 Před 2 lety +5

      Sammich 😂

    • @johnbrewer9833
      @johnbrewer9833 Před 2 lety

      @@mohammedyakub3760 wonderful marketing name for a ham sandwich.

    • @amh9494
      @amh9494 Před 2 lety +2

      @@johnbrewer9833 or a sandwich made of a person called Sam...

  • @deanh5299
    @deanh5299 Před 2 lety +34

    I wish they’d mention in the description when each episode aired

  • @DeiseRebel
    @DeiseRebel Před 2 lety +104

    I love this show, love the dragons and love the people who bring their ideas.

  • @brockcamps4972
    @brockcamps4972 Před 2 lety +8

    If it is twice the price of rocksalt is is prob cheaper than the products
    airports actually use which I'm led to believe is a urea derived product to protect alloys on aircraft. Noticed in demo it actually melts ice without being agitated .

    • @helvete983
      @helvete983 Před 2 lety +1

      You cannot use particles that large at an airport as a deicer due to safety issues, sucked into engines etc.

  • @jauld360
    @jauld360 Před 2 lety +21

    Theo dodged a bullet on this one. From the Safety Data Sheet, its 89-95% salt. The balance is magnesium chloride and an undisclosed inhibitor.

    • @supermax64
      @supermax64 Před 2 lety +3

      Would have come up in due diligence and the deal would have fell through.

    • @helvete983
      @helvete983 Před 2 lety +1

      I'm still astounded this never came up in the show, it's usually one of Deborah's first questions. I knew something was suss when Deborah went out immediately.

  • @chakkakon
    @chakkakon Před 2 lety +74

    Never underestimate the love for our children or animals. I have dogs and want something exactly like this. I’d pay double if it doesn’t burn their paws.

    • @alisonbarratt3772
      @alisonbarratt3772 Před 2 lety

      M

    • @Lucas-fw5er
      @Lucas-fw5er Před 2 lety +3

      Yeah that blue stuff from China seems safe enough

    • @cannibalholiday
      @cannibalholiday Před 2 lety +2

      @@Lucas-fw5er The MSDS sheet from the US distributor indicates that it's quite safe to handle. Though you don't wanna expose it to extremes of heat. Because then it gives off chlorine gas.

    • @peterherrington3300
      @peterherrington3300 Před 2 lety +1

      Exactly my first thought.
      Happy to pay over the odds for happy pups & no ice

    • @TheDirtysouthfan
      @TheDirtysouthfan Před 10 měsíci +1

      @@Lucas-fw5er Chinese manufacturing has come a long way dude. This isn't the 90's anymore.

  • @StruanRobertson29
    @StruanRobertson29 Před 2 lety +41

    Got to admire these people who take chances rather than just taking a wage somewhere. That's how you get rich, but there is a risk obviously. Must make you feel alive.

    • @anthonyreidy8230
      @anthonyreidy8230 Před 2 lety +1

      Very admirable but you know what they say people that don't take risks will achieve nothing in life if Christopher Columbus wasn't a risk taker he never would have discovered America with that said I hope she does well in her business

    • @StruanRobertson29
      @StruanRobertson29 Před 2 lety +1

      @@anthonyreidy8230 exactly

    • @StaThinkTite
      @StaThinkTite Před 2 lety +3

      Honest it depends on who you are, or what you value in life. I like stability, I want a future where loosing all your money is not even in the ball park. I value money because stability follows after money, but I wouldn't risk it all for an influx of money, ut just seems foolish to me.

    • @jaym1889
      @jaym1889 Před 2 lety +1

      @@anthonyreidy8230 vikings discovered it hundreds of years before him, they were the true risk takers!

    • @anthonyreidy8230
      @anthonyreidy8230 Před 2 lety

      @@jaym1889 I need the Vikings discovered America it's just that they teach you in school Christopher Columbus discovered it fake teachings just like fake news

  • @fieldie
    @fieldie Před 2 lety +46

    Just shows that the dragons really do know the difference between a good and a bad product and business, even when the product looks really good, they know its not!

    • @John01GM40
      @John01GM40 Před 2 lety

      that is exactly what I was thinking. Makes you wonder what goes on off air for the 4 dragons to be able to spot it would not work on that sort of volume.

    • @JCaesar11
      @JCaesar11 Před 2 lety +2

      Not really, they've missed loads of very profitable products and been bankrupt themselves numerous times

    • @brandonfrancey5592
      @brandonfrancey5592 Před 2 lety

      Most often it has nothing to do with the product. Sure you have to have something to sell, but what they are investing in is the business. Do you have a supplier, a customer base. Distribution. Licenses, patents, production. You can have the greatest product in the world, it means nothing if someone can make a knock off version, make it in China for a fraction of the cost and sell it for less than what it cost you to make the original. Ultimately her assurances of potential sales are worth nothing.

  • @KarlHamilton
    @KarlHamilton Před 2 lety +5

    The company is dissolved.
    I'm here all week.

  • @AussieOutlaw
    @AussieOutlaw Před 2 lety +6

    Enviro Thaw Limited is a dormant company incorporated on 5 April 2018 with the registered office located in Larkhall, Lanarkshire. Enviro Thaw Limited has been running for 3 years. There is currently 1 active director according to the latest confirmation statement submitted on 4th April 2021

  • @brentdallyn8459
    @brentdallyn8459 Před 2 lety +7

    looks like simple chunks of Calcium Chloride covered in a hand safe coating of some sort

  • @miguelmarques957
    @miguelmarques957 Před 2 lety

    loved it...

  • @JayBoy26HD
    @JayBoy26HD Před 2 lety +5

    I can only watch dragons den while I'm eating. If I'm not eating I don't watch it. What is happening to me!?

  • @wfpelletier4348
    @wfpelletier4348 Před rokem +4

    She did not get investement, but to me it looked like this woman had her information and her figures together better than at least 95% of the entrepeneurs that enter the Den. I hope she did OK outside of the Den.

  • @Tom_Prendiville
    @Tom_Prendiville Před 2 lety +2

    Her company became incorporated on 5th February 2013 and on 23 September 2014 the company was dissolved.

  • @LakesLee
    @LakesLee Před 2 lety +1

    Remember the time when the highways agency/council put grit sand down because of a salt shortage and now the drains are all full of grit sand and block every year. She was the light at the end of the drain pipe tunnel..

    • @helvete983
      @helvete983 Před 2 lety

      Check out what is in that crap she was trying to sell. It's a water pollutant. South Korea sued the company in China that makes it.

  • @Bimbus225
    @Bimbus225 Před 2 lety +5

    3:33 Theo showcasing his Dr. Evil impression

    • @anubusx
      @anubusx Před 2 lety +1

      lol
      How about no Jenny.

  • @Sb-er6bs
    @Sb-er6bs Před 2 lety +15

    Jenny is made of ice so she's out

  • @michaelsorensen7567
    @michaelsorensen7567 Před 2 lety +10

    For double the cost, I'd have expected the one cube to be half gone by the end of the segment.

  • @e.conomics
    @e.conomics Před 2 lety +38

    Heh. Dirt cheap calcium chloride rebranded as magic, new and revolutionary. And for that reason I'm out.

    • @theslimeylimey
      @theslimeylimey Před 2 lety +3

      Took the words right out of my mouth.

    • @mrw4165
      @mrw4165 Před 2 lety +1

      Ah! Freshman level chemistry..

    • @oO_ox_O
      @oO_ox_O Před 2 lety +1

      I was guessing powered isopropanol but you might be right, more likely calcium chloride. The questions is what of these would be more environment friendly. Calcium chloride might be better than rock salt but it sure as hell is also affecting the eco system around roads and footpaths.

    • @johnsmithe4656
      @johnsmithe4656 Před 2 lety

      I was waiting for one of them to ask "what is it?" Seems like a simple enough question.

    • @beeble2003
      @beeble2003 Před 2 měsíci

      @@oO_ox_O Powdered isopropanol? What on Earth is that? Isopropanol is a liquid above -89C.

  • @jeffbanks9955
    @jeffbanks9955 Před 2 lety +3

    I'd be aiming more for north europe then rather than britain. it doesnt get cold enough here to justify the price difference to councils and businesses as rock salt is only good down to around -5 degrees

  • @CharlieFlemingOriginal
    @CharlieFlemingOriginal Před 2 lety +7

    All the comments saying the company dissolved... Erm MELTED or THAWED into administration would be more apt.... Liquidated to be inaccurate but a good pun.

  • @JohnBoyBeattie
    @JohnBoyBeattie Před 10 měsíci +2

    ‘It’s not me” 😂😂😂😂

  • @markhowells3835
    @markhowells3835 Před 2 lety +1

    Still not seen this on sale anywhere 2021

  • @Legitti
    @Legitti Před 2 lety +38

    Basic UK grandma, believes everything she's told but got no clue what to actually do.

    • @lincoln7184
      @lincoln7184 Před 2 lety

      @The kantaral I could get rich buying it in bulk then flicking it off on Amazon for 10 times the price then taking the concept to DD and rejecting any offers

    • @dazediss6629
      @dazediss6629 Před 2 lety +2

      @The kantaral Yeah but the Amazon product is another ridiculous franchisee. The actual manufacturer don’t even sell the product - they just sell distribution rights to gullible idiots, like this lady. That’s the reason that theres so many billionaires in China - there’s zero financial risk on their part because they offer a franchise goal scheme which is impossible to hit. This company was dissolved (purposefully selected word) 8 years ago. The manufacturer then just go out and look for the next nice old man or woman who is extremely naive in business and take them for a ride too.

  • @mikeyBIA
    @mikeyBIA Před 2 lety +11

    Something to remember for everyone. You'd rather have a portion of something rather than the whole of nothing.

  • @Victor-ks3sp
    @Victor-ks3sp Před měsícem

    This is perfect example of why i like dragons den, it’s not filled with dramatic music, there’s long moments of silence in the negotiation. It feels more real than US shark tank

  • @e.a.p3174
    @e.a.p3174 Před měsícem

    Selling icemelter can be a tricky proposition. I live in Canada and the years I sold it we had below normal snow and ice for several years

  • @memyself717
    @memyself717 Před 2 lety +3

    I actually bought this and tbh it was very good, works much better than salt.

  • @subatomic10
    @subatomic10 Před 2 lety +5

    The good thing about watching 2014 episodes in 2022 is you can see how they fared

    • @kyni87
      @kyni87 Před 2 lety +1

      So .. any news?

    • @SavageAR123
      @SavageAR123 Před 2 lety +2

      @@kyni87 dissolved

    • @kyni87
      @kyni87 Před 2 lety

      @@SavageAR123 oh noooo

    • @Chickenatron
      @Chickenatron Před rokem

      @@SavageAR123 yeah she said it dissolves haha

  • @50shadesofgday64
    @50shadesofgday64 Před rokem +2

    I think if she managed to market it into North America it would take off. Especially in Ski Resorts in Canada.

  • @Steve-eq8iz
    @Steve-eq8iz Před 2 lety +3

    We've had this stuff in Canada for decades. I don't think it works as well as rock salt personally.

    • @johnfloyd2551
      @johnfloyd2551 Před 2 lety

      Yeah but that rock salt rusts out vehicles less than a decade old.. as seen on cars from the northern states here in the u.s... I live further south and try avoid buying used vehicles from the northeast and upper midwest.. it's pathetic what those late model cars already look like..

  • @mohamed.maher.
    @mohamed.maher. Před 2 lety +13

    Where's the fifth dragon?

  • @onewipe2049
    @onewipe2049 Před 2 lety +69

    Every time a dragon goes in at 50%, you know it’s a sympathetic joust without intent…as In-turn they know they’ll refuse the offer.
    Lovely pitch by no means.

    • @aightm8
      @aightm8 Před 2 lety +1

      It's a low offer. She has 250k in stock. He's basically buying the business at book value. ie. The business is worth 250k because it has that much in assets. He's buying 50% of the business for 115k, he then owns half of their assets.
      His only risk would be if they couldn't sell the stock at cost. If they sold it all at cost he breaks even.
      17% for 115k values the business at over 600k which is ridiculously expensive. So she's asking for a silly amount of money

  • @mrsose1872
    @mrsose1872 Před 10 měsíci

    Loved the distain they all looked at her with when she first came in before she started to talk

  • @22Medders
    @22Medders Před rokem +1

    It’s a real shame she could make a go of it in the end. The Manufacturer has had 700% increases in turnover since 2010 and it’s become a very popular product for households and commercially.