Shark Tank US | The Sharks Are Concerned That Springer's Numbers Don't Add Up 

Kevin is the only one who doesn't mind if the presenters listen to other offers.

Kevin makes offers like advanced algebra. I literally have to freeze my screen to study his offers 5 minutes. 🤣🤣

So, they typically want you to quit your day job and be focused on the business full time, but they also don’t want you to pay yourself…🤔

I usually agree with Robert and have respect for people that sacrifice their living for their passion for business, but I don't think paying yourself 70,000 is something to get upset about. That's a reasonable amount to get by with.

I almost choked on my food when Kevin said "bite her!' lmaoooo

“No mess” 💀 Me watching it splash all over the place

i wanna use it for queso dip

I wonder how long they deprived that dog of water before the pitch 😂

“Fluffy, bite her!” 🤣😂

Fluffy, bite her! 🤣😅😂

All they needed was to put this product on TV, people love pet stuff. Lori will make money.

Barbara called; she's out

“No mess” as it splashes everywhere

I love how the dog matches her energy.

Kevin drinking water at the end....the editing is amazing 🤣🤣🤣

the dog was literally splashing water all over

The dog's energy after getting the deal is amazing 😂

The money is going to salary for their parents, two employees, and themselves. They are making more money than the business is. Good for them, bad for an investor.

“Fluffy bite her“😭😭😭

I know!! I was so upset to hear Robert say that, I’m usually always on his side and really respect him.

But the dirty dog water goes back in the bottle and the dog is drinking water mixed with saliva on next go..l when I give my boxer a drink I have to fill up two dog bowls of water to keep water clean

That dog didn’t had a drink for a week before the show

there's another product that already does this 5x better so unfortunately i doubt this will go anywhere

This is designed so you have to have a lot of water in the bottle. If you’re running low, how are you going to squeeze it enough to get water through the top? This is good in theory but I suspect in practicality it doesn’t work well

Dog: "Woof!" Barbara: "I'm out!"

Oh god. I’ve seen this on AliExpress before

I have a feeling if our family were next-door neighbors, we would not be friends :/

does robert not know that when you structure an org as an S Corp, you have to take a reasonable salary or the IRS will roast you.

So basically number don't add up, THEY ARE PAYING THEMSELVES OUT OF BUSINESS PROFITS!!! They don't want to admit it, as in past many had received flak for it. Probably their parents are working for them and getting remuneration. No business would operate without payouts. But most entrepreneur never accept it, which is the biggest driving factor for them. This pitch made me feel like their growth started to stagnate and then they didn't want to invest their own money in case it went south. So take a publicity stunt, get words out if shark join in some initial sales or it's always easy to file for bankruptcy and give all equity to the investors to recover money and easily the elephant is out of the room. It sure felt like it. They were walking on eggshells regarding the profits because they didn't want to come clean actually where it went. Robert caught it and put it out on the table. The two in house worker are actually their parents. 70000x4=280000, and their profit was 100000, IP cost 100000. That comes out of a total of 480000. Very close to earlier calculation of mark and Kevin. 500K. That's what was up, they want someone else money, and effort to make them money. As the profit would increase they would increase their own payouts. They must be sitting on inventory that's why Lori offer was lucrative to them. Quick sales and liquidation. Mark and Kevin got their calculation right.

Smart to take that deal so fast and not hesitate or counter more

to preface: i don’t agree with robert’s reasoning. 70k is reasonable. so they pay themselves and their parents plus 2 employees each 70k that’s = 420k. perhaps this is where the “missing” cash is going.

I wonder if they ripped off the Lesotc design and that’s why they are so focused on the IP and 8! patents on this product. Would make sense and I’m surprised that it wasn’t asked if they had any copycats, especially when saying how much they’ve invested into protecting it.

There’s a ton of knockoff products on Amazon, why would anyone buy this brand?

“Fluffy bite her” 😂😂😂

I love when a dog has its own thermos. It would last for years! The problem is "real" when a dog is thirsty and all you have is an empty McDonalds cup on the back floor and no rest stops for 100 miles.

0:51 How is pouring water in your hand messy? It's just water 😂

I just saw a bunch of splashes aa they said “no mess” 😂

Lori has not closed on the deal

This was a product before springer

A gem to take from this episode: Always pay the business first, before paying yourself.

This product is the bees knees. We have several. Wonderful invention.

Always pay yourself first as the first rule of business

When you're trying to scale a buisness giving yourself 70,000 a year is nuts. Like you just can't need more than 40,000 to live a very comfortable lifestyle

"Fluffy bite her" hahahahaahah

I love how this deal went down. Seemed pretty fair for all

“What is this Oxford” - 🦅 🇷🇺 🥊

Are they crazy paying 420k in salary?

I wouldn't fancy carrying that clunky big water bottle around with me,on my dog walks,

“Our margins suck, because everyone and their mother is selling it.” 🤫

I think Mr wonderful offered them best..... though it may be complecated.

And Barbara: I like you guys, I think its a great product that will make a lot of money and for those reasons....Im out

I love the product ! In canada it sells for 60$, so I won't buy it unless it goes below 20 CAD...

Dog is a paid actor 😂

Amazing invitation

Kevin : Fluffy bite her 😂😂

7:23 Fluffy bight her - 7:29 Kevin's face: Good boy! 😂

They are on-track to make $2 million in sales with what… 200k profit? Why do they need more money? To pay themselves?

His name is Griffin? Pass.

i mean just buy a small plastic bowl and bring it with a bottle of water! You just Saved 21-27$!

I had something like this over ten years ago for my dog. It was a water bottle with a silicone bowl wrapped around the side. You could flip it over to fill it from the water bottle and give it to your dog. I wonder what they managed to patent? (I got it as a gift from a Korean friend so maybe she got it overseas.)

I'm just here to read comments from all of the experts in the comments.

can someone explain preferred stock?

Watch Earthlings documentary to see the suffering animals go through for meat, eggs, and dairy. Eat with compassion.

I’m dead serious, I hopped on Amazon and bought this bottle by the four minute mark because I am sick of my collapsible water bowl lolol

We are building new innovations: Translation, we are stealing other people’s ideas 🤫

you can get equally good portable dog water bottles for way cheaper, not worth it

What does she mean she will get distributions first? I dont get it

Why do they constantly come in offering less than 10% like the sharks will be like oh yeah cool

I would have taken kevin offer, with my calculations the company needs to sell more then 355555 units so that it breaks even for lori to be better value. thats alot of units, and thats on a value of 4 million for the company which in case of a sell will be a lot more which they will pocket. yeah kevin offer better

Lori doesn't get out of bed for 8%.

I wanted to know more about her dad inventing the first travel mug! 😱😕 1:56

The dog is beautiful! I have 1 year old goldendoodle named Bentley 💙 he’s my whole life! I think this is brilliant! I would buy it! I need something like this!

Babara - “Dogs don’t carry currency to buy this product so for that reason I’m out”

I hate this warped perception in the shark tank that the people coming in have to beg for help and be desperate. I’d go in like look I’m here to find a partner, either you want in or you don’t. I’m not here to jump through hoops.

Oh and I luvs in purley 135A

They both got a little rocky when they started talking about cash flow… I’d be out too.. regardless of good product.

Why I am hearing sweet home Alabama 😆

Lori could have gotten way more than 10% of that business and it still would have been worth it for them.

They’re paying themselves $150k a year together and only making $100k profit. 😆

Any idea on how the business is rn?

Seems an unsanitary idea to me. I wouldn't use it.

It's easy to see she's a crazy dog owner and probably knows people well that think they are parents. But you still have to get them to spend a lot of money on a water bottle they dont need. Even if they don't use a water bowl, just bring the bottle and pour it into a bowl and there's the same mess. Either way there will be water all over the floor.

So, I would like to know which one of my comments were deemed inappropriate to be removed? I don't recall writing anything that was unnecessary?

These have been around for a while now

Can someone please tell me how they got the patent on the system? It is essentially a demand valve or like a non return valve. What exactly is the patent for?

Lori is all in…. because they got patents but they are absolutely terrible operators.

Oxnard we made it fam

WHAT IS THIS DOG BREAD CALLED???? PLS I WANT

1:18 Look at all the water spilling on the carpet. This is more messy than a bowl of water.

And this has already taken off... RU-vidrs have reviewed it So here kevin Mark and robert all went out And basically screwed the pooch lol.. meanwhile lori is making bank

What preferred stock? What profits?

My brother's name is Rishi

SUIIIIIIIIIII CHRISTA RONALDOOOOOOOOO!

All of them knew the numbers didn't add up so they structured the deal so the profits wouldn't vanish again. They didn't want to call the kids out on tv though

I'm still trying to figure how they got a patent when this product has been in the market FOR YEARS. Either they are knocking off a product or they have several knock offs.

Literally just seen this product on the news before I seen this like 10 minutes later

yo... is that ronaldo...'s brother?

R O N A L D O

They have no moneg cause either their parents took a larger cut or these two bought their *dream items* and spent it all

Which shark, if lost everything tomorrow, would be able to build back their wealth the fastest?