ENTREPRENEUR: Kevin Flannery, from Cary, North Carolina.
PITCH: WiSpots, a hospital waiting room "interaction center" containing five wireless web pads for surfing the Internet.
ASKING FOR: $1.2 million in return for a 10% stake in the company.
SADDEST PART OF THE PITCH: This former Marine explains that he was forced to put his home up for sale after funding his business through repeated mortgages, cashing out his kids' college funds and maxing out his credit cards.
DO THE SHARKS BITE? All five of them explain to Kevin that he's ruining his life. Robert says, "You always have to save your money so you don't put your family at risk." Kevin leaves with no offer.
WANT TO KNOW MORE: Visit www.wificiency.com/.