Published:
2m
Port Richey, FL
Name | First Defense Nasal Screens |
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Main Presenters | Joe Moore |
Presenter Image | |
Product Image | |
Last Known in Business | 3/25/2011 |
Main Location | Port Richey, FL Loading Map |
Order Shown in Episode | 4 |
Final Deal | Deal was made on the show with sharks Kevin O'Leary, Daymond John, Mark Cuban for $750k for 30% of Company with a 10% perpetual royalty, but it fell through after the show. |
Joe Moore created a nasal filter that discretely sticks to one's nostrils and keeps contaminated air out. His product is called First Defense Nasal Screens.
Are you kidding me?
Joe has put $1 million in, including $600k from him and $400k from friends and family.
The bad news is Joe has one customer so far. The good news is that customer is from the oil-rich, dusty United Arab Emirates and has guaranteed to pay Joe $8 million over the next six years for 1.5 million sets.
Joe has brought the product to large medical companies who indicate that they would buy the patent to prevent its use because they make more off relieving sickness rather than preventing it.
After some time without a deal, Joe resorts to a place you hate to see a man go to. He starts removing his clothes and shows them his...scar on his belly and mentions cancer and the military.
Robert, impulsively and maybe regretfully, offers $4 million for the whole company and a 10% perpetual royalty paid to Joe. I'll follow Mark's opening words. Are you kidding me?
Joe, likely to Roberts's relief, does not accept. Hypothetically, if he did and the deal didn't go through after that would discredit the reality of the show as actual negotiations.
Made By | Label | Sharks Part of Deal | Summary |
---|---|---|---|
Company | Offered | $500k for 10% of Company | |
Sharks | Offered | Kevin O'Leary | $500k for 20% of Company with 15% royalty to Kevin until get money back |
Sharks | Offered | Mark Cuban, Kevin O'Leary | $500k for 20% of Company with 15% royalty to Kevin until get money back |
Sharks | Offered | $800k for 30% of Company with 10% royalty to Daymond | |
Sharks | Offered | Kevin O'Leary | $1 million for 100% of Company |
Sharks | Offered | Daymond John | $1 million for 30% of Company and 100% royalty to Daymond until get money back |
Sharks | Offered | Robert Herjavec | $2 million for 100% of Company and a 10% royalty to Joe |
Sharks | Offered | Robert Herjavec | $4 million for 100% of Company and a 10% royalty to Joe |
Sharks | Out | Robert Herjavec | Out |
Sharks | Deal Never Closed | Kevin O'Leary, Daymond John, Mark Cuban | $750k for 30% of Company with a 10% perpetual royalty |
Update Season | Update Episode |
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No Episode Updates |
According to seoaves.com
https://seoaves.com/first-defense-nasal-screen-shark-tank-update
First Defense Nasal Screens sell worldwide, and Joe has a patent in several countries. Many Asian countries have air pollution problems that make these more prevalent. Naval screens also cater to the needs of specific jobs.
During covid, masks mainly were about people making a display to others in search of compliments and guilt-tripping others as comparatively bad, so these did not appeal to the social justice warrior. However, sales did grow for the paranoid crowd.
In 2018, First Defense Nasal Screens partnered with Filter Your Life, who in 2022, continues to sell on their website, Filter Your Life
https://www.filteryourlife.com
In 2022, Joe Moore continues as the CEO as far as we can tell.
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