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	<title>In The Shark Tank &#187; Inkflip</title>
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	<description>Can You Swim With The Sharks?</description>
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		<title>From Hell to Ink, Shark Tank Episode 12 Recap</title>
		<link>http://inthesharktank.com/2010/01/from-hell-to-ink-shark-tank-episode-12-recap/</link>
		<comments>http://inthesharktank.com/2010/01/from-hell-to-ink-shark-tank-episode-12-recap/#comments</comments>
		<pubDate>Thu, 14 Jan 2010 18:08:39 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Shark Tank Season 1]]></category>
		<category><![CDATA[Hells Bells]]></category>
		<category><![CDATA[Inkflip]]></category>
		<category><![CDATA[Recap]]></category>
		<category><![CDATA[Romp n’ Roll]]></category>
		<category><![CDATA[The Chef in Black]]></category>
		<category><![CDATA[The Twister]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=555</guid>
		<description><![CDATA[First the tank was Michael and Babz Barnett and their business, Romp n’ Roll . Romp n’ Roll is a children’s entertainment center franchise, offering gym, art, music  classes and camps for children under five. They were looking for $300,000 for 10% of their business. They have 10 locations already, 8 of which are franchised, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.rompnroll.com"><img class="alignleft size-medium wp-image-557" title="Romp n Roll" src="http://inthesharktank.com/wp-content/uploads/2010/01/Romp-n-Roll-300x110.jpg" alt="Romp n Roll" width="251" height="92" /></a>First the tank was Michael and Babz Barnett and their business, <a href="http://www.rompnroll.com/">Romp n’ Roll </a>. Romp n’ Roll is a children’s entertainment center franchise, offering gym, art, music  classes and camps for children under five. They were looking for $300,000 for 10% of their business. They have 10 locations already, 8 of which are franchised, and brought in $1.2 million, with a 30% profit margin before salaries.</p>
<p>You could definitely tell that Babz dealt with children a lot, because her pitch was very animated. After Barbara went out, Michael tried to convince her to come back in the deal while Robert was trying to ask a question. This could have cost them their deal, but Robert and Kevin offered $300,000 for 51% of the business. The couple countered with 20%, but the sharks would not budge. Michael and Babz walked away without a deal.Sh</p>
<p><a href="http://www.hellsbellscustoms.com"><img class="alignright size-full wp-image-559" title="Charlie-Extreme--novRS-3.75" src="http://inthesharktank.com/wp-content/uploads/2010/01/Charlie-Extreme-novRS-3.75.gif" alt="Charlie-Extreme--novRS-3.75" width="270" height="182" /></a>Marix Stone and Dr. Nancy Tanchel and their business <a href="http://www.hellsbellscustoms.com/">Hells Bells</a>, was seeking</p>
<p>$500,000 for 20% equity in the business. Hells Bells produces helmets with 3-D elements on them, they also own the patent to add these unique designs to other helmets. They have sales of $300,000, and sell a helmet for around $175 with a 50% profit margin.</p>
<p>With the hundred $175,000 profit last year Hells Bells, seems a solid investment, but not at the $2.5 million evaluation. The sharks are more interested in licensing the patent, then producing the helmets. Daymond offered $500,000 for 50%, but he would be licensing the patent and not focusing on selling the helmets. They accepted the deal.</p>
<p><a href="http://thetwistercleaner.com"><img class="size-medium wp-image-560 alignleft" title="TwisteronBag" src="http://inthesharktank.com/wp-content/uploads/2010/01/TwisteronBag-300x240.jpg" alt="TwisteronBag" width="180" height="144" /></a>Next was Alfonzo Down and his business<a href="http://thetwistercleaner.com/"> The Twister</a> a golf ball cleaner that attaches to your golf bag. Alfonzo was looking for $85,000 in exchange for 40% of his business. Alfonzo’s had very low sales only selling in flea markets and online, and was mostly a seasonal business. Now the Sharks were interested and he walked away without a deal.</p>
<p><a href="http://www.chefinblack.com "><img class="alignright size-medium wp-image-562" title="ChefinBlackLabel" src="http://inthesharktank.com/wp-content/uploads/2010/01/CIBNewPacketfront09-240x300.jpg" alt="ChefinBlackLabel" width="240" height="300" />The Chef in Black</a> was next into the Shark Tank, owned by Dorene Humason, they produce their own line of dried salad dressing called Jaden Chinese Salad Dressing and Seasoning Mix. Dorene was seeking $50,000 in exchange for 10% of her business.</p>
<p>Dorene business have a rough start, after getting into 1300 stores she had to pull her product after learning her packaging was offensive. She had mistakenly put a cartoon image of a Japanese prostitute, which is obviously offensive and caused her to redesign her packaging. Dorene was smart, she saw an available market (the dried salad dressing) and produced a product to fill that niche. She expressed interest in expanding into wet salad dressing, but the sharks felt the bigger guys would crush her.</p>
<p>Barbara offered $50,000 for 40% of her business, with the stipulation that they stay with dried salad dressing and expand nationwide. Dorene countered with 35% and the offer was accepted.</p>
<p>Last into the Shark Tank was Andy Sperry and his business <a href="http://www.inkflip.com">Inkflip</a>. Inkflip offers a mail-order ink cartridge service (Like Netflix for your printers). He was looking for $150,000 for 20% of his business. Unfortunately the last six months he only generated $10,000 in sales, and was unaware of the cost of acquiring a new customer. He simply was asking for way too much money, and all the Sharks were out.<br />
[ad#Under Artical Ad Line] </p>
]]></content:encoded>
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		<title>Shark Tank Episode 12 Preview</title>
		<link>http://inthesharktank.com/2010/01/shark-tank-episode-12-preview/</link>
		<comments>http://inthesharktank.com/2010/01/shark-tank-episode-12-preview/#comments</comments>
		<pubDate>Tue, 05 Jan 2010 04:47:14 +0000</pubDate>
		<dc:creator>Brenden</dc:creator>
				<category><![CDATA[Shark Tank Season 1]]></category>
		<category><![CDATA[Captain Ice Cream]]></category>
		<category><![CDATA[Express Effects]]></category>
		<category><![CDATA[Grease Monkey Wipes]]></category>
		<category><![CDATA[Hells Bells]]></category>
		<category><![CDATA[Inkflip]]></category>
		<category><![CDATA[Legal Grind]]></category>
		<category><![CDATA[Nubrella]]></category>
		<category><![CDATA[PODillow]]></category>
		<category><![CDATA[Preview]]></category>
		<category><![CDATA[Qubits]]></category>
		<category><![CDATA[Romp n’ Roll]]></category>
		<category><![CDATA[Send-a-Ball]]></category>
		<category><![CDATA[Sensual Steps]]></category>
		<category><![CDATA[The Chef in Black]]></category>
		<category><![CDATA[The Twister]]></category>
		<category><![CDATA[Wee Can Shop]]></category>

		<guid isPermaLink="false">http://inthesharktank.com/?p=531</guid>
		<description><![CDATA[Have you been missing Shark Tank? Well the wait is over, on Friday January 8th at 9pm Shark Tank will return with a whole new batch of entrepreneurs ready to pitch their business to the hungry sharks. The Sharks will decide if they will fund the business with their own money.]]></description>
			<content:encoded><![CDATA[<p>Follow us on twitter <a href="http://www.twitter.com/sharktankabc">@SharkTankABC</a></p>
<p>Have you been missing Shark Tank? Well the wait is over, on Friday January 8<sup>th</sup> at 9pm Shark Tank will return with a whole new batch of entrepreneurs ready to pitch their businesses to the hungry sharks. The Sharks will decide if they will fund the business with their own money.</p>
<p><img class="size-full wp-image-535 alignleft" title="Chef in Black" src="http://inthesharktank.com/wp-content/uploads/2010/01/Chef-in-Black.gif" alt="Chef in Black" width="262" height="106" />This week we will see Dorene Humason and her business <a href="http://www.chefinblack.com">The Chef in Black</a>. After working hard to launch The Chef in Black Jaden Chinese Salad Dressing and Seasoning Mix, and getting the salad dressing into stores she learned that her packaging was offensive, it featured a cartoon of a Japanese prostitute. Needless to say this was a big hit to her bottom line, she had to pull the product from stores and redesign the packaging.</p>
<p>Marix Stone and Dr. Nancy Tanchel and their business <a href="http://www.hellsbellscustoms.com">Hells Bells</a>, which sells custom made 3D helmets.</p>
<p><a title="Romp n' Roll" href="http://www.rompnroll.com">Romp n’ Roll </a>is a business run by husband and wife team Michael and Babz Barnett. Their business offers a facility for parents and their children under 5, to learn about art, music and sports (just to name a few). The couple is looking for money to expanding their franchises beyond their home state of Virginia.<br />
[ad#Horozontal Banner]<br />
Alfonzo Down and his business<a href="http://thetwistercleaner.com"> The Twister</a> portable golf ball cleaner, will pitch his business to the hungry sharks. The Twister is attached to a gold bag allowing golfers to clean their golf balls anywhere on the course.</p>
<p><a href="http://www.inkflip.com"><img class="alignleft size-full wp-image-538" title="Inkflip" src="http://inthesharktank.com/wp-content/uploads/2010/01/Inkflip.gif" alt="Inkflip" width="192" height="64" />Inkflip</a> is netflix for ink. You run out of ink, put it into a shipping box, mail it off and inkflip sends you a refilled one back. Andy Sperry will pitch his business to the Sharks, but will he be able to answer their hard hitting questions?</p>
<p>Here are some businesses that will be diving into the Shark Tank over the next few weeks:</p>
<p><a href="http://www.nubrella.com/">Nubrella</a> and hands free umbrella that will not invert in the wind.</p>
<p><a href="http://www.sendaball.com">Send-a-Ball</a> a custom message sent on a ball in the mail.</p>
<p><a href="http://www.expresseffects.com/">Express Effects</a> natural hunger craving controlling lip gloss.</p>
<p><a href="http://www.qubits.com/">Qubits</a> an educational construction toy.</p>
<p><a href="http://greasemonkeywipes.com/">Grease Monkey Wipes</a> individually packaged cleaning wipes.</p>
<p><a href="http://www.weecanshop.com/">Wee Can Shop</a> a store where children can shop for the ones they love.</p>
<p><a href="http://www.captainicecream.com/default.asp">Captain Ice Cream</a> ice cream delivered on a moped.</p>
<p><a href="http://www.legalgrind.com/">Legal Grind</a> a coffee shop for people looking for legal help.</p>
<p><a href="http://www.sensualstepsinc.com/">Sensual Steps</a> and their shoe parties in your home, called Pillars of Slippers<br />
<del datetime="2010-01-15T03:37:31+00:00"><br />
These two may be on the show, but I am not 100% sure:</del></p>
<p><a href="http://www.thefactionist.com/">The Factionist</a> an environmentally friendly and socially aware clothing line.</p>
<p><a href="http://lipstixremix.com/">Lip stix remix</a> melt down your old lip sticks into a new one.</p>
<p>D-Caf Test Strips a method determine if your coffee contain caffeine.</p>
<p><a href="http://www.podillow.com/">PODillow</a> a sun tanning pillow with storage spaces for your valuables.</p>
<p>Follow us on twitter <a href="http://www.twitter.com/sharktankabc">@SharkTankABC</a><br />
[ad#Amazon books by the sharks] </p>
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