Shark Tank Pitch

First Defense Nasal Screens Shark Tank Update

Published:

2m

Port Richey, FL



Pitch Overview
NameFirst Defense Nasal Screens
Main PresentersJoe Moore
Presenter Image
First Defense Nasal Screens Entrepreneur Image
Product Image
First Defense Nasal Screens Product Image
Last Known in Business3/25/2011
Main Location

Port Richey, FL

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Order Shown in Episode4
Final DealDeal 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.

The Pitch

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?

—Mark Cuban

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.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$500k for 10% of Company
SharksOfferedKevin O'Leary$500k for 20% of Company with 15% royalty to Kevin until get money back
SharksOfferedMark Cuban, Kevin O'Leary$500k for 20% of Company with 15% royalty to Kevin until get money back
SharksOffered$800k for 30% of Company with 10% royalty to Daymond
SharksOfferedKevin O'Leary$1 million for 100% of Company
SharksOfferedDaymond John$1 million for 30% of Company and 100% royalty to Daymond until get money back
SharksOfferedRobert Herjavec$2 million for 100% of Company and a 10% royalty to Joe
SharksOfferedRobert Herjavec$4 million for 100% of Company and a 10% royalty to Joe
SharksOutRobert HerjavecOut
SharksDeal Never ClosedKevin O'Leary, Daymond John, Mark Cuban$750k for 30% of Company with a 10% perpetual royalty

Mark Cuban
Mark Cuban

Mark Cuban

Deal Never Closed

Daymond John
Daymond John

Daymond John

Deal Never Closed

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Deal Never Closed

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

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Update After Shark Tank

According to seoaves.com

Link Preview

seoaves.com

https://seoaves.com/first-defense-nasal-screen-shark-tank-update

, the deal did not go through because Joe backed out. The number of deals not going through is getting a bit excessive. Elon Musk needs to hire these guys' lawyers for his Twitter deal.

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

Link Preview

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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