ENTREPRENEUR: Ryan Naylor
PITCH: Esso Watches
ASKING FOR: $35k for a 20% stake
BEST PART OF THE PITCH: Ryan says our bodies are bombarded by positive ions emitted by electronic devices every day. He produces watches that contain negative ions that helps restore the energy field in our bodies. He asks the skeptical Sharks if any of them want to test their balance. Lori volunteers. Incredibly, she feels the difference when she wears the watch. Ryan says he's had $120,000 in sales from a $10,000 investment with about $70,000 in profits.
DO THE SHARKS BITE? Mark still thinks this is all a scam. He's out. Lori wants to know if Ryan has independent laboratory testing. He doesn't. Lori thinks this thing could be a liability nightmare. She's out. Daymond recognizes some of Ryan's designs as those in a line that's sold in a company he owns. He thinks this guy is lying, so he's out. Robert doesn't believe any of this. He's out, too. Kevin says that if Ryan admits this is a scam, he might invest. He doesn't do that, so Kevin is out. That was probably a wise move on his part since Mark threatened to beat the crap out of him if he invested.