CREATE TABLE table_12208 ("Res." TEXT, "Record" TEXT, "Opponent" TEXT, "Method" TEXT, "Event" TEXT, "Round" FLOAT, "Time" TEXT, "Location" TEXT)

What event was a loss in 5:00?
SELECT "Event" FROM table_12208 WHERE "Res." = 'loss' AND "Time" = '5:00'
SELECT "Event" FROM "table_12208" WHERE "Res." = 'loss' AND "Time" = '5:00'