Twelve Barrels

Cole Miller, a student from Napanee, Ontario studying at Carleton University, asked for $40,000 for 30% of Twelve Barrels, a whisky company based on a pre-prohibition recipe from 1853 discovered in local archives, named after a distiller's son who once jumped 12 whisky barrels on skates. Cole Miller trained as an apprentice whisky distiller in the United Kingdom, developed the recipe over the past three to four months with a supplier, and has a bottling agreement in place for 500,000 bottles per year. The whisky is planned to sell at approximately $39.99 through the LCBO, currently in the tasting and chemical analysis stage with that board, with agents already signed to represent the brand in Atlantic Canada and in progress for Manitoba, Saskatchewan and BC; Cole Miller had personally invested about $3,000 plus a $14,000 refundable deposit loaned by his father.

Manjit Minhas went out, revealing a conflict of interest as her company was already contracted to bottle and package the whisky. Michele Romanow offered $40,000 for 40%, Joe Mimran offered $40,000 for the requested 30%, and Michael Wekerle offered $100,000 for 40%, all of which were passed over as Jim Treliving then offered $150,000 for 50%. Jim Treliving and Michael Wekerle agreed to combine forces, and Cole Miller accepted their joint offer of $150,000 for 45% equity plus a 50% voting interest.

Twelve Barrels is still operating and sells through its website.