Next to speak and to actually ask a real question is Daymond John. This seems to stun Moore, because he stumbles over his words before finally saying he knows how big this product could actually be. Mark Cuban is the first to say anything by asking “are you kidding me?”. What he ended up inventing was the first lightweight, no insert nasal screen that has been clinically proven to reduce the inhalation of allergens, pollen, pollutants, and pet dander by almost 99%.Īfter finishing his pitch, Moore open ups the floor for any questions the Sharks might have. As a result of its high demand, he took it upon himself to create his own treatment brand to put out there on the market. According to him, there are so many people who seek nasal treatment due to breathing contaminated air and that 1 out of 5 commercials aired on television is an ad for nasal treatment. Moore enters the Shark Tank seeking a $500k investment in exchange for a 10% equity in his business. Moore was hoping that at least one of the Sharks would see the potential in his innovative new project and give him the offer he needs to get this product out on the market. That is why he decided to take his idea to the Shark Tank, a place known to either make or break a new business. Without the proper financial backing or connections in the marketing industry, his company would take a considerably long time to really get off the ground. The concept of his product is pretty brilliant, but Moore can’t properly launch is First Defense Nasal Screen all by himself. It clears the air you breath from a good portion of allergens, which in turn lowers the risk of a person having some sort of allergy or asthma attack. The First Defense Nasal Screen is basically a filter for your nose. So what he came up with was a nearly invisible nasal strip that is placed over each nose hole. What Moore wanted to accomplish with his product was to eliminate as many of the factors that could irritate these conditions as he could. There are millions of people out there who suffer from asthma and allergies, which can make day-to-day life pretty challenging. Joe Moore is a man with a vision and a brilliant idea for a product that could make the lives of so many people just a little bit easier.
#First defense nasal screens update#
First Defense Nasal Screen – 2023 Update.First Defense Nasal Screen on Shark Tank.2022 Update:ĭuring the pandemic, Americans turned to First Defense Nasal Screens for protection as an alternative to the increasingly scarce supply of face masks, which on its own are a weak solution whose drawbacks are remedied by First Defense’s nose filters. In the US, First Defense Nasal Screens have grown popular for a variety of uses and industries from mining, construction and by people suffering from chemical sensitivities but the majority of its sales still come from those suffering from allergies. The company’s growth has been primarily driven by demand in the Middle East and Asia where air pollution has long been a serious issue. Today, First Defense Nasal Screens is available in over 50 countries worldwide with patents issued in India, Japan, China, US, Canada and Europe. With overseas contracts awaiting him and a plan for expansion in the East, Joe decided it was in his best interest to walk away from the Shark Tank deal. Kevin O’Leary, Daymond John and Mark Cuban $750,000 for 30% + 10% royalty in perpetuity + season tickets Non inserted, hypo allergenic, self-adhering nasal nose filter : Joe wants more money to help fulfil his first order.Ĭounter Offer: $1.2 Million for 30% + 10% perpetual royalty.
Revised Offer: Kevin, Mark and Daymond at $750K for 30% + 10% perpetual royalty He and Mark bring Daymond into a newly structured offer.
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