![]() ![]() 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. : He asks Joe to step out of the tank.: He can’t get to Joe’s $5 Million valuation.: Joe turns his attention to Robert and lets him know he wont sell First Defense for $2 Million.Ĭounter Offer to Robert: $5 Million for 100% + 15% royalty to Joe + continue as an employee.Revised Offer: Kevin and Mark at $500K for 20% + 15% royalty : “You want the billion dollar guys, not the small fry.” He recruits Mark for the deal.Offer: $2 Million for 100% + 10% royalty to Joe Revised Offer: $1 Million for 30% + 10% royalty until $1 Million is recouped Offer: $500K for 15% royalty until $500K is recouped + 20% equity : She thinks the cost of educating people about the product will be high.Here’s a quick recap before we dive into First Defense Nasal Screens’ Shark Tank update. But after the episode, the deal was not finalized.In Season 2 Episode 2, Joe Moore appeared on Shark Tank seeking $500,000 for 10% – a $5 Million valuation for his nose filters, First Defense Nasal Screens. Instead, Moore agreed to a deal with Cuban, Daymond John, and Kevin O’Leary - $750,000 for 30 percent equity and 10 percent royalty. When FDNS was pitched on Shark Tank in 2011 (Mark Cuban’s first season), FDNS inventor Joe Moore turned down a $4 million offer for the whole company from Robert Herjavec. The latex-free, hypo-allergenic, non-visible product can be worn in the hot and cold and are one-size-fits-all. They can be worn over the nostrils for up to 24 hours and are self-cleaning “so they will not clog” and seal 100% of the nasal passage. Cardi B Says She Hit Jackpot With $30,000 Chanel Slot Machine Bagįirst Defense Nasal Screens ()įirst Defense Nasal Screens (FDNS) are self-adhering nasal filters designed to help filter and reduce contaminates (allergens, airborne germs, noxious particles) inhaled by the user.Christian Louboutin Reveals 3.5″ Spring Mules With ‘Vibrant Red’ Nail Polish.Ice-T’s Wife Flaunts Brand New Range Rover With Front Seat Refrigerator. ![]()
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