Shark Tank Update
Shark Tank Pitch
Hargitt Marine Services Shark Tank Update
Published:
3m
Anacortes, WA
| Name | Hargitt Marine Services |
|---|---|
| Main Presenters | Mark Hargitt |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 5/9/2014 |
| Main Location | Anacortes, WA Loading Map |
| Order Shown in Episode | 3 |
| Final Deal | All Sharks went Out |
Hargitt Marine Services Shark Tank Pitch
Mark Hargitt is an amateur nautical historian who found a sunken ship containing what he estimates to be $2.4 million worth of sunken treasure. The ship is called the Mariposa and is off Alaska's coast. Mark Hargitt seeks funding to buy the equipment necessary to gather the copper, silver, and gold ore. Mark received the rights from the state of Alaska to keep the ore he recovers.
Mark says this is a well-known shipwreck. Others have removed the easiest pieces to get to, but Mark believes there are more valuables in hard-to-reach places. Mark wants to build a giant vacuum and expects to finish the project in two weeks. Without investment from the sharks, Mark may do the process by hand or tap into the $500k he saved for retirement.
Mark Cuban says he often gets pitched treasure hunt hopes, but they never turn out rewarding. Robert suggests selling the mineral rights to someone rather than doing the ore recovery himself. Kevin has been involved in a similar operation and believes the task will cost more than $2.4 million. All sharks go out.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $250k for 25% of company | |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Daymond John | Out |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Out | Kevin O'Leary | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Out
Barbara Corcoran
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Hargitt Marine Services After Shark Tank
According to ndholmes.com https://www.ndholmes.com/smelly-rocks in 1885 explorers found native Alaskans called Ahtna people in the Taral Band of the Copper River using copper tools. In an 1899 expedition, explorers found the Ahtna people suffering from starvation, so they informed them about a food supply in exchange for information on the copper deposits' whereabouts. The ore was in a very difficult spot to get to and required investments from Daniel Guggenheim and JP Morgan to build out the infrastructure necessary to transport the ore under the company, Alaska Syndicate.Link Preview
ndholmes.com
The SS Mariposa was built in Philidelphia in 1883 as a passenger ship to transport people between San Francisco and Hawaii. Alaska Syndicate purchased the SS Mariposa in the early 1900s and used it to transport ore from Cordova, Alaska, to Tacoma, Washington. The water routes were treacherous and relatively unmapped, leading to many shipwrecks.
Some of the SS Mariposa's journey included rescuing passengers from other ship wrecks until in 1917, the Mariposa hit the then-unmarked Mariana Reef. Its 265 passengers were rescued before the ship sank, along with copper ore from the Kennecott mine and canned salmon.
The author of this article, Nathan D. Holmes, bought the copper ore that Mark Hargitt sold on eBay shortly after appearing on Shark Tank, with a possible interest in raising money for future trips.
Mark Hargitt's LinkedIn https://www.linkedin.com/in/mark-hargitt-97767122 has not been updated in some time as of 2023. There is no other online presence of Mark that I could find, so we can only speculate as to if he put his life savings into this dream or peacefully sailed into retirement with his $500k savings.Link Preview
LinkedIn
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