Lite-Netics on Shark Tank
Magnet Lights for Christmas - Episode 512 - 12/13/2013
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Magnetic Christmas Lights coming to the Shark Tank Show! |
I know the Litenetic's is still a few weeks away before appearing on the Shark Tank, but this Christmas light product is to cool and something you probably wish you knew about before untangling your Christmas Lights for the last time. This really is one of those inventions where the light bulb goes off and makes you think "why didn't I think of that" when solving a very real problem that every single person deals with when stringing up Christmas lights.
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Magnetic Christmas Lights come in a variety of lengths |
The inventor of the Litenetic's Magnetic Christmas Lightsis Shawn Genenbacher from Lexington, Texas. Shawn got into the Magnetic Light Business over 4 years ago and already sold over 1,000,000 linear feet of the coolest and easiest way to hang Christmas Lights ever invented.
According to Genenbacher's Shark Tank Audition Video, He will be seeking a $250,000.00 investment from the Sharks for a 30% equity stake in the magnetic Christmas Light Business. Shawn does mention he already has secured a utility patent and wants to get Lite-Netics into the big box offline retailers like Home Depot and Lowe's as well as Online at Amazon.
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