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Farmington man rejects Shark Tank deal

A Farmington man and his business partner rejected a deal from an investor on Shark Tank Friday night.

Scott Smith is the co-owner of Tie Not water balloons he, and his business partner, asked for a $125,000 investment for 10 percent of the company. They rejected an offer for 25 percent of the company.

Since the show, the business revamped its website with Shark Tank based promotions.

Traffic to the site became slower after the Shark Tank appearance.

 
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