$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Mitchell Rosko, Steven Glass from Prince Albert, SK, pitched Paved to Pines in Season 15, Episode 9, asking the Dragons for $200K for 10% of the company.
- Asked for$200K for 10%
- Valuation$2Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Arlene Dickinson | Concerned about lack of scalable exit for investors; no offer | Out |
| Lane Merrifield | Could not see a five-year exit strategy; no offer | Out |
| Jim Treliving | Said it wasn't his kind of deal; no offer | Out |
| Manjit Minhas | Bothered founders had invested no money of their own while asking for $200,000; no offer | Out |
| Michele Romanow | Shared concerns about scale and exit; no offer | Out |
Steven Glass and Mitchell Rosko, from Prince Albert, SK, asked for $200,000 for 10% of Paved to Pines, a company doing custom, four-season, off-grid van and school bus conversions, with builds averaging about $100,000 in retrofits, including features like solar power systems, showers, and custom interiors. In their most recent fiscal year they earned $673,000 in revenue with about $95,000 in profit, and projected $1.2 million for the following year with over $1 million already in purchase orders; the founders said they had invested no money of their own and spent nothing on marketing, relying on organic growth and a 15% margin they hoped to raise to 20-25%.
Arlene Dickinson and Lane Merrifield both went out over concerns about the ability to scale and provide investors a clear exit. Jim Treliving said it wasn't his kind of deal. Manjit Minhas was bothered that the founders had put in no money of their own. Michele Romanow echoed concerns about scale and exit. No deal was made.
Pitch details from CBC’s Dragons’ Den pitch page.
Paved to Pines today
- StatusStatus unknownLast checked September 2026
We haven’t confirmed whether Paved to Pines is still operating.