by Michelle Spigner

On tonight’s season finale of Shark Tank, the sharks show their teeth and fight more ruthlessly than ever for some pretty amazing deals.

Jeff Wolsky jumps into the tank first with his company The Bobbly Place, a store he wants to open up in malls that creates customizable bobble head dolls from a photo. He is seeking $75,000 for 17% equity. Currently, Jeff’s online bobble head business makes a revenue of over 1 million dollars a year with a profit of $500,000-$600,000. He will use the $75,000 he is asking for to open a separate division of his company that will pay for the mall kiosk locations.

The sharks like the numbers, but the online business is not the one he is pitching. It turns out that The Bobbly Place is a separate entity, so if the sharks invest their money they won’t get any return on the stable online company. The sharks don’t like the risk they will have to take with Jeff to see if they get a return on their investment. At that Barbara, Kevin H. and Daymond are out.

Kevin O. really wants a part of the larger piece, the online business, and offers $75,000 for 18% with the condition that Jeff will never put his business in malls. But Jeff declines saying that he doesn’t need the money for that part of his business. Kevin O. is still very interested and raises his offer to $100,000 for 20%. Robert puts in his offer $125,000 for 20% and Jeff suggests that Robert and Kevin O. team up. Robert and Kevin O. feel like they are getting scammed and ask Jeff to leave the room so they can converse.

They strategize to push Jeff back so that he doesn’t keep messing around with them. They invite Jeff back into the room. Robert and Kevin O. offer $100,000 for 20%. Jeff declines again. Robert goes back to his original offer or  $125,000 for 20%. Jeff counters saying that he would consider $100,000 for 7%. But Robert is out, he feels it would just be too complicated working with him.

Sandy Hun and Roman Pietrs are up next with their product, Mr. Poncho an MP3/smart phone holder that solves the problem of tangled headphones. They are seeking $50,000 for 25% stake.

Mr. Poncho is a colorful pouch that comes in a range of designs and features a circular device that you can wrap your headphones around. The sharks aren’t that impressed by the uniqueness of the product or their sales figures ($46,000 in 2 years). Robert makes the comment that it doesn’t seem much different than wrapping your headphones around the actual MP3. Not to mention they don’t have a patent on the circular device. The sharks think the company just isn’t far along enough to invest in and don’t offer Sandy and Roman any deals.

Urologist and surgeon Dr. Floyd Seskin is up next and seeks $25,000 for 51% in his company The Uro Club. Many of his male patients expressed concern with having to urinate very frequently while on the golf course. Dr. Seskin developed an urination receptacle, disguised as a traditional seven iron that allows men to relieve themselves on the course. The club comes with its own a privacy towel that hooks onto the man’s belt and covers him while he is doing his business. Dr. Seskin swears the club is extremely leak proof and his clients love it. He has sold about 3,000 and made revenue of $70,000.

Although it has proof it can sell, some of the sharks are unsure of the product. They just can’t identify with it or wouldn’t know how to market it. But Kevin H. loves the idea and thinks it makes a great novelty gift. He offers Dr. Seskin $25,000 for 75%. Dr. Seskin is happy with the deal and takes it.

Our last entrepreneurs for the season are Brian Duggan and Adam McCombs with their company Jump Forward that really has the sharks fighting for a bite. Brian and Adam are seeking $150,000 in exchange for 10% equity.

Jump Forward is a website that allows high school athletes to form a personal player page and college recruiters can visit the site and scope out potential players. It is the only site of its kind that proactively prevents violations of recruitment polices with its mobile application that puts a stop to any unruly texting, calling or emailing. Colleges pay a prescription fee and so far 30 schools have signed up and 60,000 high school athletes have a personal page. Barbara, Kevin H. and Daymond are out; it’s just not the right investment for them.

Kevin O. loves the idea and starts off the bidding at $200,000 for 20%. Robert comes back with $300,000 for 35%, because he really believes that they are going to need more cash. Kevin O. tells Robert to stop outbidding him because the numbers will get to high and invites him to come in on his deal. Robert declines, he doesn’t want to split the equity.

Brian and Adam are reluctant to take Robert’s deal; they don’t want to give up so much equity for the money. Robert raises the money and will offer $400,000 for 50%. But Brian and Adam turn it down and ask the sharks to lower their equity for a lower investment of the same value.

Robert really wants the 50% and raises yet again to $500,000 for 50%. They decline the offer again. Robert then offers $600,000 for 50%. Brian and Adam still want him to lower the equity and suggest two things. They will accept the 50% if both Robert and Kevin O. are in, but.. they have to invest $750,000. Or, they can come down to $300,000 for 25%. Robert sticks to the $600,000 for 50%. And they take the deal.

Mr. Poncho:

JumpForward:

(Image courtesy of ABC)

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