Outrageous Claims To Cure The 'Common Cold' | Shark Tank AUS
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- เผยแพร่เมื่อ 27 ก.ย. 2024
- Nicole and Steve have come into the Tank to sell us on the world-wide distribution agreement they have for a product, that they say, cures a common cold within 48 hours. With a background in real estate and business, they’re here to ask the Sharks for a $1.5 million investment in exchange for 20% of their business. That values their business at a whopping 7.5 million dollars! Although the natural product has been clinically tested and TGA approved, they are currently pre-revenue, yet have a 3-year projection of 90 million in revenue. With no sales as yet under their belt, can they convince a Shark to part with that much cash?
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
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#SharkTank #Cure #NoMoreColds
These people would have got roasted so hard on the shark tank in the US
Mark Cuban would have ripped them apart. lol
@@benjaminyoungman3767 Kevin O'Leary would have squashed them like the cockroaches that they are.
Honestly I don’t think so the problem here is a moral one they ship it to nam or Bangladesh somewhere the cold is the difference between your family eating or not and it will sell regardless if it works and I can bet they will find investors in private he has no idea how to talk business with sharks but that slimy grin would take you in millions on the backs of Tye poor
SeiZe ReZo these Australians be soft
Sharks don't suffer from the common cold, it's a squidgy brainer
"I dont have that specific answer"
He draws a line thru his notes LOL
"Knows even the basics of there own product" *Crosses out*
You know this was edited this way right? The line draw could’ve happen at any point during the show.
HAHAHAHA
I love him
@@lgenic so meta
Shark : “so why do you need $1.5 million?”
Real estate guy: “thats how much it costs to buy our house and car back”
LMAO
ROLF
There are other ways she could earn $$
Lol
🤣🤣🤣
When he said it "boosts your immune system to new levels" that pretty much proved that he had no idea that most of the symptoms of the common cold are the actual immune response. Mucous and fever and sneezing is your body fighting the virus, and most cold and flu meds are actually attempting to suppress those responses. Boosting the immune response "to new levels" would be absolutely miserable.
Came here looking for this comment. He literally just proved he has no idea what he's talking about. If it genuinely boosted the immune response you'd be seeing MORE intense symptoms - because that is literally what the symptoms are. Most cold medicine works by suppressing that immune response; not boosting it. That's why the symptoms go away.
Medical products that can't do what their product claims it can do, use the vague "boosts your immune system" verbiage to avoid legal problems.
This is not true hahaha. Boosting the immune system as in strengthening. The stronger the immune system the quicker good cells kill bad cells, and quicker the body detoxes toxins. Garlic for instant strengthens the immune system and kills bacteria and viruses it is anti bacterial and anti viral
Well maybe it's their intention to make you super power speed run the flu...
Not saying the product is not absolute bs, but your interpretation of his statement is an assumption. He did not imply that it does supress any responses of the immune system and just said boost the immune system. This could very likely also mean that it makes those body reactions of the immune system more frequent or efficient somehow instead of supressing them.
The fact that the main guy didn't even know the ingredients should tell you he didn't know what's going on
So True - Well Said
You forgot that he's the "marketing expert" as well 😂😂
As someone one semester away from an MS in immunology, I would REALLY like to see those trials. Something tells me they’re not properly controlled
The thing is that that's not how this kind of science work. It needs dozen of experiments across multiple teams with an unbiased protocol to get closer to the truth.
I'm floored they have the audacity to claim this stuff works from only one source, which is pretty much themselves !
They just asked whether people felt better or not. When I hear that, I think placebo immediately. You have to get a control group to distinguish your product from sugar in a pill.
But how can you control it if you’re the one selling the sugar pill ?!?
they didn't even mention a control group!
Well… maderna got their shot passed with a horsesh1t study done… lol
200x more likely to have an adverse affect than the virus, less than 50% success rate and a substantial death rate… this is with skewed demographics to make the outcome more favourable (3-1 female to male to offset the fact that males are 3x more likely to die and or have serious health affects)…
Why can’t you people replicate the results of 90% of your studies lmao
I mean... CURING something and "Eliminating the symptoms" of something are two completely different things, but ok
honestly if it meant my sore throat is guaranteed to go away in 48 hours, I'd definitely buy this
NESS, Yes, you might want to ask your Medical Profession about that, since they have NEVER CURED ANYONE OF ANYTHING, but only treat the symptoms, since the Medical Profession is a FRAUD,
@@ricknelsonm I'm sorry, I think I must have missed you mentioning your background. What was it again? Doctor? Biomedical scientist? Biologist? Immunologist?
As a medical resident I'm really curious how you got to the idea that medicine is a fraud, because I can assure you that it cured (and still cures) a lot of people. Treating symptoms is a big factor, but it's not all we do.
J Smit he’s being ironic just so y’know. For the memers who see this: r/wooosh
A brace and lots of drugs eliminate the symptoms of a broken bone!
The wife knew her husband was wrong and he wouldn’t let her speak. When the shark’s said you shouldn’t have asked us for 1.5 it showed on her face. She knew and honestly she probably could’ve done way better without him
Aw, you want to FUXXOR that bird, how cute
Yeah and he didn't even know what was in it lol, and she did
Not with this product. Everything they said screams scam. I doubt either of them know the difference between a red and white blood cell.
Wife was actually a salesperson lol. Hubby tanked it from every direction.
She is still selling snake oil. There is a roof on how well you can do doing that.
48 hours?! Lol that's how long most colds take to go away.
what colds do you have? mine last about 10 days, 5 absolute minimum
He’s talking about the flu. Not the common cold apparently. But even colds take longer than 2 days though
Yeah or even less time!! LOL
Mine always take at least two weeks
and are caused by constantly mutating viruses.
You all must have crappy immune systems. My cold only lasts max 2 days too.
They should've taken Steve's offer for 93.75% of the company for $1.5M -then they'd make back their house and car, at least - I think that's what Steve was trying to help them with
I wonder what would have happened if they said yes.. I still doubt the deal would have actually happened...
@@georgelionon9050 true, he was just testing them to prove that once they said yes it was not a product worth that much
This isn’t “Dragons Den”, and for that reason, I’m out.
I love dragons den I watched every episode im bored watching this now 😂😅
No its shark tank Australia which is much better
Carrie Bizz the only thing better in Australia is the weather and their parties
Amen!
Well let's be real here. Shark tank USA is the best by far and after that it's the aussie shark and the uk dragon fighting to see whos 2nd
I'm glad there was an investor who understood the science behind the cold and asked about how this "medicine" works. These entrepreneurs seem clueless. By listening to a few of the ingredients list they're just natural antiinflammatories etc. So like how I have ginger tea when I have a cold, but in tablet format and I need to pay a lot of money for it. Correlation that it helped cure symptoms does not equal causation that it cures the viral infection itself.
I think that he is a veterinarian.
Pauline he would’ve had some form of professional medical training.
I'm the same ginger tea when I have a cold. But our ginger tea is hot and wet and warming and actually makes you feel a little better for a minute or two. In pill form it's useless. Lol.
@ Error 404
“But our ginger tea is hot and wet and warming”
Is there tea that isn’t wet? And, aside from cold/room temperature brewed tea, isn’t tea standard hot or warm, therefore warming? lol
@@Joce-bl7qi Wait. You don't rip open a regular teabag and pour the contents into your mouth?
The first question to ask about claims like this is "Why haven't Big Pharma already made this product?". And the answer is always "because it doesn't really work".
But there already is vit c, garlic, Echinacea supplements out there. They already make them.
@@TheBeetress and theyre all nonsense
Big pharma tend to produce medication that works with many side effects and massive price tags. They pump medication out based on profit and minimizing costs which ends up harming more than it cures. Xanax, valium, percocet etc. All of these have probably killed as many as they've saved. Plus they sell supplements that do nothing at all but they can get away with it by paying people to create doctored trials, but due to their close ties to the government and private healthcare sector, nobody can touch them no matter what bad practices they put in place. Big pharma isn't exactly reputable, they're just too big to stop and they make too many powerful people money.
Typical pseudoscience bullshit, just like the countless other scam products that make the same claims.
@@deconso11 You should have stopped after the first 8 words.
This is literally just a fancy version of supplements
Exactly and even supplemets dont work on all people. If you got the flu just get a lot of rest and eat healthy easy peasy probably get rid of it in under 48h and be healthier for it.
Its fancy airborne. Or emergenC
Can you tell me a single supplement that claims to cure flu and the common cold in 48 hours or your money back and that has a clinical trial on 10,000 people with 98,9% of success rate?
I'll wait.
@@jovanleon7 haha if you believe this dude your a fool. Same reason why nobody invested in it.. haha so when you want to admit your a fool... I'll wait... also. A survey of 10k people isnt anything. They could have chose 10k white males in their 20s. But you go a head and believe that have cured the common cold... here is another tip for you.... if you never eat, you will never gain weight.... that has a 100% success rate. Haha I bet you own like 30 different pills that claim to "cure all"
@@iEyeronik Never said l believe them, I said their product *claims* to be all those. And if it's proven to be true then it would be much more than just a "fancy supplement" like the claim of guy I replied to. And they said the people surveyed were from the age of 3 to 90. You're the fool here.
"What's Vietnam got to do with it?" He's attempting to finally win the war.
Well I mean after all this time they wouldn't see it coming. This man's strategic long game Is insane. Lol.
I suspect legislation in Vietnam may be more lax and thus easier to get around when marketing this kind of stuff. I could be mistaken but that'd be my guess.
I have a hunch the distributor is based there, unless they said otherwise, i dont know..
@@GodOfPlague amazingly underrated comment my dude
Jenny had flu so therefore regrettably she is out.
Peter Peter wow there are even Jenny jokes on a completely different show that airs on the other side of the planet
😂😂😂
18 people get it . For that reason, Jenny is out
@@Username-ww2cd Hi my name is Barbara, i currently have the flu and im in, so for that reason, im out!!
420 likes when I read this comment
Noice
Scammers got caught out, good on proper business people for figuring the scammers so quickly.
wears a panda Rolex Daytona worth $40k and talks about sacrificing their house and assets on the business.
Well well, I see you are a personage of refinement
That $1.5mil is probably what they need to pay off their debt that they didn't wanna disclose xD
I love how Andrew always sounds composed and his energy is always leveled. Love that guy
Gotta love the tenacity of daring to bring a "cure" for the common cold onto an investment pitch with a doctor on the panel you're facing. 😂
"So I have some snake oil for you."
"You can't just throw numbers out there" "100%"
"We're business people"
"Oh, Jesus Christ" 😆😆😆
"Boosts your immune system to new levels", so basically giving you a temporary autoimmune condition?
🤣 spot on
Barbara watching this at home: *I'm out.*
I like how insane the pitches are on the Australian version of this show. The original is crazy, sure, but this is just outrageous.
Sounds like they were scammed out of $100k.
I feel like the young woman was soooo taken with that "business man" she's standing next to, and just realized he doesn't know what he's doing.
You are wrong, they are two experienced con artists.
Just look at when she turned to the "we lost our house" statement, just on the right moment.
i know these people. use to work with them. Nicole was his secretary. He left his wife (he was 40) to be with nicole who was 19. This was 10 years ago. surprised they are still going
@@DeCoY255 how did u know them?
@@DeCoY255 i count 12 to 13, but i dont know them personally. also they're married, for those that dont know
Power slam like I said. Use to work with them. I was even in a tv commercial with them
These sharks are so extremely reasonable. They're willing to take big risks and they never look down on anyone. If you have a decent business model and a product, all you need to do is offer them a fair deal and they'll be on board. For investors it's all about risk/reward, and if you're pitching your business to them you need to step in their shoes and understand that they won't invest in something unless they think the risk is worth it. Just don't be greedy and give them an amazing deal, and they would likely throw you a bone too.
The Background Music Is Insulting
I went with supremely annoying
It is, yes. I apologise. Our gormless TV producers follow the lead of the Americans when it comes to shows like this. DRAMATIC MUSIC TELLING YOU HOW TO FEEL RIGHT NOW
I'd be interested in seeing how the study worked. I'm assuming it was a survey where they asked people how they felt 48hrs after taking the product. I wonder how they asked a 2 year old how they felt? And most people would be over a 'common cold' within 48hrs anyway...
How did the 2 year old understand how to swallow the pill
They need to get the product to the person to take after enrolling in the study too, so that's additional time too ie more time for natural recovery
And just like that their hopes and dreams flu-away.
What i was hoping one of the sharks would ask is "so you're saying this product will relieve a cold or flu in 48hrs, yes? On average, when someone has a cold or flu, how long are they symptomatic? How does your product compare with placebos in clinical trials?"
If the product could prove results in 8 hours, I'd give them the 1.5 million lol (imagine i typed the word "prove" in a larger pitch, bolded, underscored, all caps, and on fire)
You wouldn't though, because you have no 1.5 mill to give
I could smell scammers through my computer screens, and for that I'm out!
"$1.5 MILLION DOLLARYDOOS?! Tobias, did you accept a 90 hour collect fall from the States?!" - Australian guy on the Simpsons
Just saying, if they had a real CURE for the common cold, having a 7.5m evaluation is nuts.
It would be worth hundreds of millions if not billions day 1. Registered, tested and approved "CURE" for the common cold is worth WAY more than 7.5million.
You can't cure it, every year will be hundred of thousands of variations, you will need a cure for each strain and subsidiary.
@@bellagreen6660 he doesn't say that it's curable.
He said that if it was curable and there was a proven treatment, those guys wouldn't need a shark to help them sell it.
well especially since they don't differentiate the different viruses that cause cold & flus & apparently believe this product can "cure" them all within 48 hours. That by default means it can do that with all coronaviruses too. I wonder where they are now. I guess it turned out to be false, otherwise people wouldn't have moved onto horsepaste to try to cure them
Mm you’re right. Didn’t think about it that way
Jenny: This product cures the common cold, but I am hot, and for that reason - I am out cold.
Awful
Wow, I HATE the music. Very annoying.
Torbjørn Karlsen Americans and Canadians are so dramatic
@@frusciantesplectrum7980 NO, the Canadian "Dragon's Den" doesn't have drums and music blaring when people are talking.
@@frusciantesplectrum7980 Except this is Australia.
@@frusciantesplectrum7980 Except this is Australian lol.
Megan Breen haha 😂 yeah, I noticed that after I typed it.
It’s a shame that Australians are taking the same route as I always thought they were closest Mather to British in many ways.
I like that the sharks were able to flex but still stay chill all while ripping them a new one. Very good watch!
Program ruined by infernal music. HORRIBLE noise.
same thoughts, you can't even properly hear them talk cuz that music is too prominent.
They are all not business people
Music is supposed to add to the show not take it over. It's really annoying
They messed this one up so bad, they shouldve waited until their paper was published in Harvard, they shouldve brought in an expert to give an educated explanation. Once you hear "boosting" or "new levels" the only thing one thinks about is snake oil salesman.
I can't stand these snake oil salesmen it's a wonder he never claimed it cured cancer aswell..Smh
Imagine struggling to remember what's in your OWN PRODUCT.
I love how every version of shark tank/dragons den has that one person who always goes out
Business guy saying “it boosts you’re immune system to a new level” 🤣🤣🤣🤣 I really wish this was on U.S Shark tank 🦈
yes, but it's funnier when Glen's a vet. Shame he didn't really let them have it, he could have totally shredded them if he wanted to
To not predict that you would be asked how it works in a medical sense is pretty dull minded.
as a medstudent , a lot of this isn't right and it shows
@@sukidesu9755 did u attend medschool where these guys had their marketing and sales training?
As a medstudent, frankly, that doesn’t mean much these days. They seem to be charlatans. But you can’t say medshool equips you to understand natural medicine. Stay humble. Stay open to knowledge not found in your courses.
You don’t need to be a med school student to grasp that haha
I TOO NEED YOU TO KNOW IM A MEDICAL STUDENT. ALL SHALL LOVE ME AND DESPAIR
Curing cold
"Wow, that a miracle!"
In 48 hours
"They had us in first half"
that one lady complains every show why are the people relying on the sharks for the money. THAT IS THE ENTIRE POINT OF THE SHOW
They shouldnt rely on them for everything, like all their cash, they should already have income when they ask for an investment
Needing an investment to catapult your business to the next level is not the same as needing people's money to bail you out of your own poor judgments. If you're a good business proposition, you would already have security in the form of assets, reserves, income and your own money that you're prepared to invest. That makes you a safer bet to invest in. THAT's the point of the show, and they make that point over and over again. So many people come in, already in debt or about to run out of money, and hope to lure the investors in with promises of gigantic returns so they use their money to bail out the loss and prop up the whole business, in return for a tiny share. What's most astonishing is how many people think that's going to work, on people whose entire point is being able to spot bad deals. Treating your investors as cash cows, whether for $100 or $1M, is the wrong attitude. And when your promises are based on products that are practically fraudulent like this one, it really should be criminal.
The humiliation i felt for them was truly amazing 😂
Does anyone know if that Harvard paper ever got out? I want to read it
Would like to know too!
they were probably gonna put that 1.5mil into bribing the harvard researcher lol
Cmon guys these are typical pyramid/mlm scheme ventures.
That lady spends her days selling essential oils and crap, then the husband got into debt and they figured they would try a "natural cure for the common cold" scheme, get as much money from the scheme as possible before cutting and running leaving everyone out of pocket.
Someone pointed out in the comments that there's no such thing as the "Harvard Medical Journal"
@@TheAlps36 yah it’s not really a journal but they do have educational magazines they print/ do online subscription for called Harvard Health but it’s more like geared towards healthy living advice not pushing pills on people
So what I'm seeing, with an Aussie accent, is a product that boosts your midichlorian count to over 9000. I've wanted to be a Super Saiyan Jedi since I was five. I'm in.
Background music is shit. Thankfully they don't use it in Dragons Den.
To absolutely no one's surprise, their website is no longer up (if it ever was), and no Harvard research paper has been forthcoming.
Kevin would give them 200k for 12 months loan late 10% interest and take their 99.99% equity
The fact that neither of them had any history in medical or anything related to that and they made a medicine baffles me 😬 smh
Why do they give me the same feel of anti-vaxxers that dont do proper research? 😂
and even funnier is that one of the sharks IS medically trained (a vet)
Naomi and Glen should make their own show, cause everyone else is boring and legit never takes risks
Dr. Glen’s faces during this are just purely golden.
I felt bad after cracking up here, but then I started feeling really sorry for these two people who paid so much money for something most people get over in a couple of days anyway. Add some garlic and honey and you're good to go... 100%
1:26 their faces said to me ' shit, we dont have actually have that much money'
Barbara : "I'm not even on this show and, I don't know anyone who has had a cold so, for those reasons, I'm out."
Hi, i’m Mark Zuckerberg. I spent $7500 setting up facebook. I want one million for 5%, but company is worth 10 billion.
- You spent $7500 and want us to invest one mill?? How on earth is that fair!? I’m out!
Facebook's valuation is well supported. The numbers these randos pull out of their arses aren't.
Robert R Ofcourse. Completly agree. But alot of the time the sharks/dragons do not recognize that the value of the company really has nothing to do with how much you put into it. That is where the facebook example came from. You obvi pay more to enter at a later stage with less risk.
But as far as these two wankers are concerned, totally agree.
@@Rostinhi Fair enough. When the valuation's ridiculous though (out of ignorance rather than malice), it probably gives you an indication of how much they have in real assets.
Nice profile pick
They should sell this product in India and middle east where doctors advise the medicine. Doctors would charge 20-35% in royalties for every unit sold.
I can see why this guy failed at everything he ventured into... nonchalant attitude with blind optimism are a bad mix
Never seen Glen and Janine so pissed at anyone....OMG
I would have LOVED for them to pitch this to Shark Tank US so we could see how badly Kevin O'Leary would have demolished them.
Shark Tank same as America’s. We got the Best tho Dragons Den for England🏴💗💜🖤xoxo
Gina Star
sharks vs dragons
water and fire😕
I actually prefer US shark tank to dragons den
@@Rhh26 Nah I find their pitches cheesy and transparent almost to the point of cringe.
Salty potato: Why?
smudger671 Better businesses come on shark tank.
Damn I've just recently started watching the Australian version of shark tank, they are even harder on the sellers than mr nice, Cuban and the US bunch and I love it. I thought they were tough but they're honestly easy going compared to this bunch. It's awesome.
No they aren't. Cuban would've been talking smack about this product before the pitch even started. He would've absolutely hated it
Cuban would probably fit in well with the Aussie ones actually
Homeboy comes in there says he’s gonna cure the common cold and has the audacity to ask for 1.5mill for 20%.
The nuts on this guy.
Peter Jones is shook with this evaluation.
Peter would've also ripped them for trying to get an investor before the completion of a clinical trial.
I never had a cold or flu for longer than two days, most of those people in the trial just had a decent immune system
The people on this show are so nice compared to dragons den and shark tank US
"It takes your immune system to the next level" My mom making me drink lemon water with honey
they do realise the common cold and the flu are vastly different things right???
Best shark tank episode ever. They absolutely demolished these phonies.
you know... i feel like its extremely insane to say they even NEED a shark to help with this business. if it were real and actually worked with PROVEN science behind it, you wouldn't need much advertising or money as it would be hard to keep in stock in stores because of how fast people would buy it out. if it truly worked, theyd be trillionaires
They stink of desperation, this takes all their experience and makes it worth nothing because they are in panic mode, no logic, when you want something so badly or have nothing so you desperate are the same, they need to work on their internal beliefs before anything...
“Cocky” the way Australians say cocky is sooooo funny!
1.5 million I cant afford that and for that reason I am out
Cuban would have lost his mind lol
Janine said he should respect the investor but at the same time she rips people's off
If they pitched it as proven preventative maintenance instead of it being a cure, then maybe yeah
They went there to advertise their product and it blew up in their face... They should have been more prepared if they were seriously looking for an investment. To not have basic knowledge on how the "medication" works just shows where they are at in the supply chain of the business... Good call sharks... Hope them the best though, loosing everything is tough - I know, my wife and I have been through the same thing...
How come this guy forecast the sales of 90 million without having any sales yet and he said its just based on the pharmacies and the customers of it,,its just a hoax oh c’mon
Its sad these two were likely circling the drain of total financial ruin but this was basically a real life re-enactment of opening a spam email...
You didn't bother studying the chem reactions, basic anatomy, and sci background before putting the product out? I mean this is a foundational aspect of your product. :/ You should be able to write a 5-page briefing on just the technical aspect of it.
They now have clinical trials going out for COVID-19 and have received just under 1.2 billion dollars for their worldwide collaboration with Janssen Pharmaceutical Companies.
Please give me a source for this - they seemed so out of their depth with everything
They lost everything but retained the bad habits which is playing with big money.
I guarantee this is just pumped full of zinc, much like many other "cold remedies." Zinc really does work to help reduce the duration of a cold, but only by a few days, not by 6 or 7.
I'm watching this whilst having the common cold :(
If only they funded FluAway!
"You need to not just throw numbers out-"
"Oh, 100%"
"You need to respect an investor and you need to not just throw numbers out of it..but"
"Oh yes, 100%"
LOL! Died. Dude, STOP WITH THE BASELESS NUMBERS.
This video is way longer than it needs to be, but I love it 😂
My grandmother remedy for the flu was chicken soup, glasses of water to sip on and a cold face cloth on the forehead along with aspirin
... Will not be buying their pills anytime soon ..
Lol mine just told us too f off yours sounds lovely
FreedomFighter 2017 lmao as a russian, you can literally cure anything with herbs and plants.
Having a cold? Have some plants in your soup.
Fever? Have some herbs.
Dying? Ah don’t worry, have some herbs you’ll be find in a day 🤣.
Stinging nettles are quite good too, although I wouldn’t consume it lmao. It’s good for hair.
20% for 1.5 million? this better be really good....
Them: It cures common cold in 48 hours
Inflammatory Cytokines: Are we a joke? 🤣🤣
This whole episode is just Glen roasting these fools
My grandparents, my parents, myself, my kids and grandkids use a lot of garlic and onions to ward off colds. Its an old fashion remedy, that's been used back to the pioneer days.
Christ. When the sharks dare to ask about what the product even does to the immune system and they're all "Oooh, good question!" If they ever performed these alleged clinical trials, then they didn't retain much information from 'overseeing' them, did they...
I love the episodes where the Sharks yell at people