Psi bands for motion sickness8/15/2023 ![]() ![]() Romy came into the Shark Tank looking for a $250k investment for a 10% stake in the acupressure business valuing it at $2.5 million. There’s more to this story then meets the eye, and unfortunately, we all have to wait until this Friday Night on ABC to see how this all plays out. Deal or No Deal, they’re still obligated to give the producers of the Shark Tank a percentage of the acupressure business. In fact, the more I dig, the more I wonder what could the Sharks even offer this business? Maybe provide additional working capital to keep up with demand? Could be, but it seems this company’s already way past that point, so there must be another reason to even consider coming to the Shark Tank and give-up part equity. Maybe a QVC play to help further the Brands awareness? No, they’ve already been on QVC as early as 2008. With an already clearly established product available in some of the most recognizable stores in the country, this should be a very interesting round of negotiations for the Sharks. A partial list of just some of the stores already carrying Psi Bands includes Toys-R-Us, Babies-R-Us, Rite Aid, Wholefoods, CVS, Walgreens, and Target stores. Psi Bands are arguably the most attractive acupressure bands on the market and many retailers have already taken notice and already sell this brand. When Taormina had severe morning sickness during her pregnancy, she designed a more fashionable attractive alternative. ![]()
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