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. 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. Our content is updated multiple times day, giving you the latest information on Episode 202, Season 2 and all other seasons and episodes.“Peel and Stick” Nasal Screens – Season 2 Episode 202 – Update Thank you for reading Shark Tank Blog, the number one site for Entrepreneurs, Investors and Fans. Shark Tank Blog follow ups help you keep track of the companies that end up successful and the ones that don’t complete their deal. The Shark Investors negotiate on the spot without any previous information, which differs from normal negotiations with investors.Ĭompanies pitching the Shark Investors must go through a rigorous due diligence process before the deal made on the air is completed. The Shark Tank Episode 202 entrepreneurs make their best pitch to the panel of five Sharks who invest their own money if they like a business. Episode 202 – The Shark Investors and Entrepreneurs If you would like to appear on the show, check out our Auditions and Casting information. There are 9 Shark Tank Episodes for Season 2. Success stories are usually shown every week, but Shark Tank Episode 202 does NOT have an update segment.
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