Joe decides 3 Sharks are better than one, especially if one of them own the Dallas Mavericks. Kevin and Mark wisely decide to bring Daymond into their new offer which is now $750k for a 30% stake and a 10% perpetual royalty. With all this money flying around, why not ask for another million while all the Sharks seem in such a generous mood? Robert checks his checkbook and decides he can’t afford the $5 million dollar price tag and goes out. Moore originally came into the Shark Tank putting an initial valuation for First Defense at $5 million and just got offered $4 million cash and a chance to get the biggest payday from any contestant on the show. This now becomes the largest offer ever made on the Shark Tank Show. Robert Herjevic smells a tremendous opportunity when an offer for $2 million is rejected, so he doubles his offer to $4 million for the entire First Defense Nasal Business. Daymond ups his offer also to $1 million for only a 30% stake in the company.
This has Kevin upping the ante to a million dollars for the entire company.
First defense nasal screens medium plus#
Mark Cuban is also interested and wants in on Kevin’s deal.ĭaymond John offers $800,000.00 for First Defense with a 30% stake plus a 10% royalty off the top. Kevin O’Leary is the first to start the negotiations by offering $500k for a 20% stake in the business but also wants a 15% royalty until he recoups his entire investment. Largest Offer Ever Made on the Shark Tank Moore first needs the capital to fulfill those big orders, and that’s why he came to the Shark Tank. It appears First Defense also works excellent at keeping sand from blowing in your nose which is a major health concern in the desert.
The United Arab Emirates alone gave him an $8 million dollar contract over the next six years. Joe reveals he’s already sold over 1.7 million units with plenty more customers where they came from. At first the idea of walking around with a breathable sticker on your nose kind of had the Sharks thinking “how did this guy even get on the show? Little did they know it was about to get the largest offer ever made on the Shark Tank Show. Moore has a patented almost invisible sticker you stick at the entrance of your nose preventing pollens and allergens from entering. Joe Moore first walked into the Shark Tank looking for a $500,000.00 investment in exchange for 10% of his Nasal Business. First Defense Nasal Screen Shark Tank Recap: In fact, it’s such a cool idea it received a $5 million dollar offer for the entire company and set a record for the highest dollar amount ever offered on the Shark Tank Show. That’s a cool idea Hugh? I thought so, and so did the Sharks. Think of it almost like an air cleaner for your respiratory system that blocks out breathing allergies in the fist place
Joe Moore the inventor of this ingenious device explains “you basically just peel and stick the almost invisible sticker directly on your nose hole for instant results.” The First Defense Nasal Screen is a smart and cheaper way to protect yourself against a host of allergens, germs, pollen, and pollution to name just a few.
First defense nasal screens medium update#
“Peel and Stick” Nasal Screens – Season 2 Episode 202 – Update
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