Philip Reitnour was reportedly having financial trouble when he appeared on the show with his idea, which was rejected by all of the so-called "sharks."
An entrepreneur who once appeared on the TV series Shark Tank has met a grim end, as his body was recently found floating in a river with a bullet to the head.
Read: Girl, 3, Accidentally Drowns in Grease Trap Outside Ice Cream Shop
The body of Philip Reitnour, 58, was discovered in Philadelphia’s Schuylkill River Thursday.
Reitnour appeared on Shark Tank in 2014, trying to sell the investors a security app. His pitch did not go over well and each of the so-called "sharks" turned him down.
The rejection came as a huge disappointment to the businessman and as a result, he was left in financial crisis.
Court records reveal he was $3 million in debt and being sued, according to reports.
But Reitnour's attorney, Josh Denbeaux, says he didn't regret being on the show.
"He said it was a lot of fun, it was interesting, and he liked it," he recalled.
Read: 8-Year-Old Girl Dies After Falling From Cruise Ship
Reitnour, a father of four, created the EmergenSee app after his wife died of breast cancer.
Police have not yet determined whether foul play was involved in his death.
Billionaire Dallas Mavericks owner Mark Cuban, one of the Shark Tank investors, called Reitnour's death "heartbreaking" in an interview with Inside Edition.
Watch: Mom of 2 Who Disappeared Before Hurricane Harvey Found Dead, Ex-Husband Arrested
