The business:  Novelty Men’s Underwear
Sales:  10,000 units for the last year totalling about $200,000 gross revenues
Marketing budget: Zero
Asking:  $300,000 for 20%
Company Valuation: $1.5 million

The counteroffer: $300,000 for 100% if Arlene will take charge of marketing.
Arlene refused so there was no deal.
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