tell me more about qvc." he starts telling me more about qvc.ing him out and drawing him out. and i said to him, "what are you going to do with qvc?" he said, "well, the founder is going to retire." i said, "oh, really?" i said, "what is he going to do?" he said, "well, he is going to sell his" -- i said, "could i buy his interest?" ralph said "yes." i walked out of the four seasons hotel knowing what i was going to do. i went to qvc, took an interest in it. and that was three years -- again, a primitive convergence of computers and telephones, that was three years before the internet really started for normal folk. so it was luck and circumstance. david: at that point, people had said barry diller, who has been a big -- barry: yes, then, they said i was crazy. david: and he is the low rent -- barry: they were sure i was crazy. david: "low-rent qvc, where is he going?" barry: went to westchester, pennsylvania, "we will never hear about him again." david: ok. so qvc, you had a stake in it. ultimately you grew it. so you started buying internet-re

my interactivity experience started at home shopping network and qvc. -- this is a truly radical revolution, and right now it's a very troubled revolution, which happens at let's call it really early stages. >> why is it troubleed? >> well, look at what has happened with facebook and with google and with all of the large players in communications, social communications, where the proliferation, the ability to simply get into the system with infectious disease, bad, evil thought, manipulations by russian or by the chinese or by this political action side or that. the demonizing of george soros. maria: reaches in. >> and, in fact, where everyone of these, facebook announced they had a huge breach. every technology company. the cyber warfare of it, all of these things are just -- it's just the stir of what has been enabled, and we're not even yet at the beginning stage of taming it, and it will, over time, get tamed. i think it's going to get tamed by regulation. maria: let me ask but china, this is a marketplace that's a big opportunity fair lot of the co

david: qvc. lemonis: so where does it say that? david: i wasn't prepared to.... it's in the agreement or it's not. i'm now learning that dave believes that he has the rights to any sort of distribution. what i was understanding is that we were just restricted on the grocery side because i'm meeting with amazon tomorrow. are you guys okay with that? david: i don't have my lawyer here. lemonis: wow. you told me at the last time we met that she could sell it online. david: i don't know that i said that, but... lemonis: so are you saying that she does not have the right to sell it online? david: well, obviously she doesn't. right? lisa: well, guess what? we're not even selling a cookie, so mr. cory's cookies ain't gonna make no money because if this don't become the mr. cory's cookies, i'm not approving any of it. it has to be mr. cory's cookies, and i've waited all this time and now i don't even have a product or nothing. i got to go. this is bull[bleep] ♪ lemonis: if your business is in trouble and you need my help, log on to... lisa: if this don't become the mr.

look, look, qvc's amazing, but they still sell vcrs there, okay.'m not just qvc, which tells you how little you know about me. "they still sell vcrs." i like that. so, you need to do a little educating. so, lori, would you go down to 8% equity? how about if i give you $150,000 and i keep the 10%? i think she just copied my deal because she has no creativity, unfortunately. [ laughs ] -is it possible -- -i like the 10%, because i really want to be working hard for you. okay. and i know what kind of resources i would put behind you. well, here's the funny thing -- absolutely. i would love to do a deal with her, except i learned my lesson last year. he holds a grudge. that's not a good thing. i don't want to pre-empt her. i think there's value she brings -- i've been trying to say this for a few minutes now. would you join together? that would be -- make my dream come true. [ chuckles ] it would make so many of my dreams come true, too. i've been dying to work with lori. [ laughter ] but 5% is nothing. okay, so, if you joined, how would that look like

which sounds less like a theme, more a line of creepy dolls sold on qvc. [ laughter and applause ] "y'all at these american treasures, y'all. there's only 300,000 left and they're just so cute. [ laughter ] this one here looks like he got into daddy's paint. [ laughter ] he's in trouble." [ laughter ] i heard that melania is in charge of all of the decorations this year. most of them look the christmas trees as blood trees because of their color. check these out. yeah. [ audience oohs ] a lot of people said it looks like chr[ ughter ] then, melania said, "exactly." [ laughter and applause ] got it a little on the nose. a little on the nose there. "this one got into like a a little pie fight. [ light laughter ] he was in a pie eating contest. this little one." >> steve: "his face is all messy." >> jimmy: "his face is all messy with plum juice on it. [ light laughter ] and there's only 150,000 left ofhe [ light laughter ] last night in mississippi, trump held a rally where they had a bunch of christmas decorations. he even entered the arena from a giant, fake fireplace. take a look at this.

well, you get demonstration, i think, better than almost anyone in the world having your experience on qvci, let's go back to the numbers. what's your cost to make one of those units? uh, just under $2,000 for the commercial unit. now, terry, this is really a digital punching bag. a punching bag costs about $1,200 -- a good one, leather, et cetera. what does that cost? uh, the commercial unit is $7,000. whoa! and it is -- no, that's cheaper... so i can buy a car or buy this. [ laughs ] or you can buy a -- buy a treadmill or an elliptical in the same price range. what about the home unit? how much is that, terry? uh, $2,995. john: how do you sell them? we sell -- we promote it on tv with direct-to-consumer advertising. we sell it electronically. so you've been running infomercials? we've run one- and two-minute spots. not the long form, but, yes. all right. and how are those doing? they did very well. we ran them last year. we spent about $1 million in tv last year. it generated about $1.5 million in sales. that brings up something else. how much in debt are you? we have on our balance shee