Quote:
Originally Posted by lozen
The wine guy never wanted a deal. He wasnt taking the $600,000. Lets face it Kevin is right all the money is in the Licensing.
Cuban would have had it in his theatres and arena in a heartbeat.
Disagree. Wine guy went in second time and obviously wanted a deal. Sharks we just not ready to deal with the guy who had all the details worked out.
He only needed money to increase production anyway, so he didn't want to give up too much stake in the company. He was ready to give up 30% if they met his valuation. He was ready to sell at a discount if Cuban gave him the arena and theatre business.
He valued his company at 6million which isn't too unreasonable