Rumidifier Home Comforts Inc.

Jeri Rodrigs, from Ottawa, Ontario, asked for $200,000 for 20% of Rumidifier Home Comforts Inc, a company making an eco-friendly humidifier that works without electricity by fitting over a home's heating vent, using capillary action to add humidity and optional scent to a room; a version also exists for cars, offices and travel. The product sells for $15 to make, wholesales for $25, and retails for $40 at Home Hardware and Home Depot; over the last three years the company made $1.3 million in sales, with $400,000 last year, and the founder has invested $500,000 of personal savings, including retirement funds, largely on patents and moulds.

Michele Romanow went out over concerns the product could not humidify a room quickly enough for sick users. Jim Treliving offered $200,000 for 25% and Manjit Minhas also offered $200,000 for 25%, with Michael Wekerle and Joe Mimran going out without separate offers; a bidding exchange followed between Jim Treliving and Manjit Minhas, with both eventually offering $200,000 for 20% and less, and Jeri Rodrigs chose to accept Manjit Minhas's offer of $200,000 for 20%.

Rumidifier Home Comforts Inc. is still operating and sells through its website.