Published:
2m
Salt Lake City, UT
| Name | Life Caps |
|---|---|
| Main Presenters | Daryl Stevenett |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2019 |
| Main Location | Salt Lake City, UT Loading Map |
| Order Shown in Episode | 3 |
| Final Deal | All Sharks went Out |
Daryl Stevenett is a musician who had an idea after seeing a story about trapped coal miners. Daryl had his friend, who had built his own nutrition bar company, create a survival pill to take in times of emergency when food is in short supply called Life Caps. Life Caps are meant to satisfy nutritional needs and supress hunger craves. Daryl has not eaten any food in eight days except Life Caps.
Deryl said he lost one pound a day as a byproduct of not eating, which is not shocking. Daryl does not push Life Caps as a weight-loss pill. Still, the largest customer audience has been women seeking to lose weight. Mark claims Daryl is a "snake-oil salesman" selling an unproven weight loss product. Lori sees the ingredients as no different than a regular multivitamin.
In five years, sales have totaled $440k. Daryl wants to use the investment to pay for a clinical study to improve Life Cap's reputation in the face of skeptics. Daryl calls Lori "Barbara," and the sharks laugh at Daryl's claim about remaining mentally alert. All the sharks go out.
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $200k for 30% of company | |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Lori Greiner | Out |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Daymond John | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
https://youtu.be/_aq1yUIfhug
https://www.facebook.com/buylifecaps
https://youtu.be/94TjNW_smhY
https://www.stevenett.com/
Stay up to date on the latest news and updates occuring in the Shark Tank world.
Stay up to date on the latest news and updates occuring in the Shark Tank world.