Tag Archives: Tank

Cars

Can Gas Freeze In Your Fuel Tank?

When the temperature in your automobile’s fuel tank will get too low, the very first thing that will trigger issues in that a part of the automobile is water. If there was some condensation or moisture within the automobile’s gas system, it’d freeze up and clog gas traces. In that case, you will need to watch for it to soften, or your automobile may stall or not begin.

That’s one more reason we are saying it is a bad driving habit to go away your automobile with a low fuel tank. A full tank leaves no room for condensation, and you may keep away from the issues that may include water’s freezing level with some topping-up diligence. While some gasoline sorts have already got anti-freeze in them, you would be additional cautious and add some anti-freeze by pouring it into the fuel tank.

But the true downside it is best to fear about in excessive chilly is your automobile’s battery. Around -40 levels Fahrenheit, the electrolytes in your automobile’s battery may freeze and injury it. Interestingly, the much less charged your battery is, the upper the freezing level. Therefore, it is best to guarantee your battery is charged within the chilly, particularly as a result of car batteries are more likely to die in winter.

Entertainment, News, Technology

Mark Cuban Will Exit ABC Hit Series ‘Shark Tank’ After Season 16

Mark Cuban, known as one of the prominent sharks on “Shark Tank,” has decided to step away from the show after the upcoming 16th season. The billionaire entrepreneur has cited his various other commitments as the reason for his departure, expressing that leaving the show will allow him more time to focus on his other business ventures. Earlier this year, Cuban launched Cost Plus Drugs, a public benefit corporation aimed at reducing pharmaceutical prices for consumers by providing lower costs for generic drugs. Managing this venture, along with his business partner Dr. Alex Oshmyansky, has become a significant demand on Cuban’s time and energy, as reported by the Harvard Political Review.

In a statement to Inc., Cuban mentioned that his main reason for leaving “Shark Tank” was to prioritize spending time with his family. He emphasized that with children ages 14, 17, and 20, he wants to maximize the summers and cherish family moments before his children become more independent. Although there is one more season left for Cuban on “Shark Tank,” fans will have the opportunity to see him in action before his departure.

Technology

Can You Legally Buy and Own a Tank? Here’s What the Law Says

According to United States law, it is possible for a private citizen to own a military tank that has been decommissioned. These tanks can often be found at high-end auctions. However, there is a major catch – the tank must be nonfunctional in terms of its cannon. While the motor and treads can still work, you are not allowed to purchase or possess any ammunition for it. This is why most decommissioned tanks are sold in a nonfunctional state. If you want to drive the tank, you will have to repair it yourself. Nevertheless, once the tank is fixed, you are free to drive it as much as you want. Some U.S. states even allow tanks with properly rubberized treads to be driven on public roads, although this is mostly limited to private property.

In theory, a private citizen can own a fully functioning tank with a cannon. However, to legally possess such a tank, you would need to obtain a federally-issued Destructive Device permit. Obtaining this permit is not easy, as it requires various licensure and background checks. Even if you have military training, the use of the cannon is only permitted in specific circumstances. All in all, the distinction between owning a functional or nonfunctional tank is not worth pursuing.

Owning a tank can be an option if you are incredibly wealthy and desire an unusual lawn ornament. However, it comes with a hefty cost and numerous inconveniences.

Entertainment

What Happened To Keen Home Smart Vents From Shark Tank Season 6?

During Shark Tank Season 6, Keen Home co-founders Ryan Fant and Nayeem Hussain pitched their internet-connected HVAC vent business called Keen Home Smart Vents. They were seeking $750,000 for a 10% stake in their company. These smart vents, along with a mobile app, allowed users to redirect airflow to specific rooms based on their heating or air conditioning needs. It’s important to note that temperature sensors were not included in the original package at that time.

One concern raised by Kevin O’Leary was the valuation of the company. Previous outside funding had valued Keen Home closer to $5 million. However, the news that Lowe’s had pre-sold 35,000 units of the Smart Vents helped explain the valuation. Lowe’s also had exclusivity in the home improvement space for two years.

Mark Cuban and Lori Greiner both opted out of a deal. Mark felt that the Smart Vents were more of a feature than a standalone product, and he didn’t see potential for licensing it to a larger company. Lori found the product too confusing.

O’Leary offered $750,000 for a 25% stake in the company, stating that the growth of Keen Home hadn’t justified the asking price. Daymond John made a similar offer but also requested manufacturing rights. He later reduced his offer to a 20% stake. Robert Herjavec, however, wasn’t concerned about Mark’s assessment and offered $750,000 for a 20% stake.

The discussion then shifted to the founders’ reluctance to sell at a lower valuation than their previous investor. O’Leary proposed a 36-month $750,000 loan at 8.5% interest in exchange for a 10% equity stake. Lori was willing to split this deal. Robert countered with an offer of $750,000 for a 13% stake, valuing the company at just under $5.8 million. The founders accepted Robert’s offer.

Cars

What Happened To Boho Camper Vans From Shark Tank Season 11?

In Season 11 of “Shark Tank,” Boho Camper Vans made an appearance and partnered with Barbara Corcoran. They were offered $150,000 in cash and a $150,000 line of credit in exchange for a 10% stake in their company. Initially, the two friends were seeking $300,000 for the same equity, and they received offers from O’Leary, Oza, and Greiner before ultimately accepting Corcoran’s offer, which met their desired terms.

O’Leary proposed a $300,000 loan with a 9% interest rate in exchange for 7% equity. Oza offered $300,000 for a 25% stake in the company. Greiner presented $300,000 for 20% equity, but Sodeemann and Ellenson asked her to lower her equity to 15% without changing the investment amount. When Greiner turned down their counteroffer, the pair decided to go with Corcoran.

“Barbara was the perfect fit for us because she understood our aversion to debt and provided a solution to pay it off quickly,” Ellenson explained after reaching a deal with Corcoran.