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	Comments on: &#8216;Shark Tank&#8217; preview: Wicked Good Cupcakes hopes to be wicked rich	</title>
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		By: JoeB.II		</title>
		<link>https://cartermatt.com/58714/shark-tank-preview-wicked-good-cupcakes-hopes-to-be-wicked-rich/#comment-120142</link>

		<dc:creator><![CDATA[JoeB.II]]></dc:creator>
		<pubDate>Sat, 27 Apr 2013 02:09:00 +0000</pubDate>
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					<description><![CDATA[Just saw shark tank show. Love the packaging of the product and according to the sharks the cupcakes themselves seem to actually be wicked good,however I think Kevin made an excellent GREAT WHITE SHARK deal to get .45 cent on every unit sale forever and $1.00 per unit sale until his measley 75k or 80k is paid back.Bottom line this was a great deal for Kevin and a BAD deal for the Wicked Ladies.Why is it a bad deal? Because they have a great product and a good novel packaging idea according to ALL the sharks and they actually had nice sales with their limited funds.

Kevin gave them a killer shark deal with a almost criminal $1.00 per unit payback until he recoops his 75k back and .45ct forever after that! Based on the sales already established, he knows he will get his money back within a year! It&#039;s also almost criminal because of the VERY LOW margins Kevin himself even said they had so with the 1.00 taken off the top will virtually leave them almost NOTHING.On the other hand,none of the other sharks were biting and when you desperate you get taken advantage of so I guess in this case some deal is better than no deal and with kevin&#039;s help i&#039;m sure they will increase margins by atleast 40% almost immediately thus giving then more to put in their pocket. I do believe they will become rich with Kevins help in less than 5 yrs and I even have a great idea on how they could triple the shelf life using no perservatives! I would have countered Kevins offer with .50ct up front til 75k paid back and then .60ct for 7yrs. In the end,all parties will be richer because the product and packaging concept is great!]]></description>
			<content:encoded><![CDATA[<p>Just saw shark tank show. Love the packaging of the product and according to the sharks the cupcakes themselves seem to actually be wicked good,however I think Kevin made an excellent GREAT WHITE SHARK deal to get .45 cent on every unit sale forever and $1.00 per unit sale until his measley 75k or 80k is paid back.Bottom line this was a great deal for Kevin and a BAD deal for the Wicked Ladies.Why is it a bad deal? Because they have a great product and a good novel packaging idea according to ALL the sharks and they actually had nice sales with their limited funds.</p>
<p>Kevin gave them a killer shark deal with a almost criminal $1.00 per unit payback until he recoops his 75k back and .45ct forever after that! Based on the sales already established, he knows he will get his money back within a year! It&#8217;s also almost criminal because of the VERY LOW margins Kevin himself even said they had so with the 1.00 taken off the top will virtually leave them almost NOTHING.On the other hand,none of the other sharks were biting and when you desperate you get taken advantage of so I guess in this case some deal is better than no deal and with kevin&#8217;s help i&#8217;m sure they will increase margins by atleast 40% almost immediately thus giving then more to put in their pocket. I do believe they will become rich with Kevins help in less than 5 yrs and I even have a great idea on how they could triple the shelf life using no perservatives! I would have countered Kevins offer with .50ct up front til 75k paid back and then .60ct for 7yrs. In the end,all parties will be richer because the product and packaging concept is great!</p>
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