The pitch
What walked into the Den
Alex Rigo, from Pembroke, Ontario, pitched a machine built to recycle the rubble left behind by construction and demolition work.
His season 3 request was striking: $600,000 for 90 percent of the venture, an offer to hand over almost the entire company for a valuation of about $667,000.
After the show
What happened next
This is an old pitch, roughly 2008 to 2009, and the paper trail is thin. CBC's listing gives the ask and the product only, local coverage of the time did not disclose an outcome, and we found no current web presence, so both the deal and the company's fate stay unrecorded.
With no live site, registry hit or recent news to lean on, we are honest about the limit: this one predates most of the digital trail we can verify against.
Our read
The Hub verdict
This is the oldest pitch in the batch, a season 3 demolition-recycling machine from around 2008, and the ask is the strange part: $600,000 for 90 percent hands over almost the whole company for an implied valuation under $700,000. Beyond the CBC listing and a contemporary news mention, there is no traceable outcome and no current business presence to check. Rather than reconstruct a result from a thin trail, we record honest unknowns on both fronts, which is the only defensible call this far back.
Unusual 90 percent ask, no traceable outcome or business
Worth knowing: For a pitch this old with no traceable business today, we would rather record an honest unknown than reconstruct an outcome from guesswork.
