PSI Bands on Shark Tank
Acupressure Wrist Bands - Season 4 Episode 420 - 3-1-2013
The ancient art of acupressure is coming to the Shark Tank Psi Bands wrist band.
Romy Taormina the inventor of Psi Bands (pronounced sigh) is sure getting a lot of attention in the acupressure world. These Bands are designed to put pressure on what’s called your Neiguan pressure point and provide relief from nausea. You should wear a
Psi Band on both wrists for the full effect, and yes they actually do work.
Psi Bands were first developed as a way to alleviate morning sickness when pregnant. Putting a controlled amount of pressure on the
neiguan pressure point has been well documented in helping with this and many other nausea related symptoms including all types of motion sickness. The reviews of the acupressure bands
have been so impressive they are also used during chemotherapy, and patients have experienced less nausea as a result.
When Taormina had severe morning sickness during her pregnancie he set out to design a more fashionably attractive alternative for this ancient Psi Bands are arguably the most attractive acupressure bands on the market and many retailers have already taken notice and are already selling them. A partial list of just some of the stores already carrying Psi Bands include
Toys-R-Us,
Babies-R-Us, Rite Aid,
Wholefoods,
CVS, Walgreens.com and
Target.com.
The PSI Bands come in 5 colors to choose from
With an already clearly established productavailable in some of the most recognizable stores in the country this should be a very interesting round of negotiations for the Sharks to consider. Maybe a QVC play to help further the Brands awareness? No, they have already been on QVC as early as 2008. In fact the more I dig the more I even wonder what could the Sharks even offer them that they don't already have. Provide additional working capital to keep up with demand? Could be but it seems this company is already way past that point so there must be another reason for them to even consider coming to the Shark Tank and give up part equity for the privilege. Deal or No Deal, they are still obligated to give the producers of the Shark Tank a percentage of the acupressure business.
There is more to this story then meets the eyeand unfortunately we all have to wait until this Friday Night on ABC to see how this all plays out. This seems to have a lot of resemblance to the
Order your PSI Bands Online
PSI Bands after the Shark Tank Update WARNING:Well I couldn't of been more wrong about this company if I actually tried.
From the beginning of this (Amy or Roma?) in finding things that should not of been there
( what the f**k is this, yui_3_7_2_1_1961908819702_2031) to learning just because your in thousands of stores, doesn't necessarily make you successful. Especially when you try to take advantage of someone like me that is basically giving you free publicity.
Romy came into the Shark Tank looking for a $250k investment for a 10% stake in the acupressure business valuating it at $2.5 million.
Robert Herjevic is the first to ask about sales for the last year when Taormina responds
"almost a million dollars". They are already in over 6000 retail stores across the country with a gross profit margin of only 11% (a hundred grand). She also has $600k in debt that
includes past deferred salaries from years ago which instantly turns all the Sharks off. Yes she actually had the balls to ask the sharks to cover her past salary with their investment in the company.
They all go out except for Kevin O'Leary who is the only one to make an offer for the $250k but wants 40% of the company.
Taormina instantly says no and refuses to make a counter offer. It appears that she came in the Shark Tank and had no intentions of negotiating as she steadfastly sticks to the 10%.
NO DEALBoth Mark Cuban and Daymond John said they Do Not TRUST HER. After finding that code above no less then 20 times within a revised copy her or her employee so gratisially sent me, I have to agree. Very VERY Sneaky!
I am still waiting for a response to exactly what code is and why you would go out of your way and try to take advantage of me.
