Entrepreneur Ryan Naylor pitched his watch company during
If you’re short on time, here’s a quick overview of what happened to Esso Watches after
Ryan Naylor appeared on
|Mark Cuban||No offer|
|Lori Greiner||No offer|
|Daymond John||No offer|
|Kevin O’Leary||No offer|
|Robert Herjavec||No offer|
Shark Tank Esso Watches Update
- Entrepreneur: Ryan Naylor
- Business: Wristwatch with health benefits
- Ask: $35,000 for 20% equity
- Result: No deal
- Shark: None
Founder of Esso Watches, Ryan Naylor, walked into the tank, and introduced the sharks to his watches. He describes brand as a silicone watch company, that focuses on fashionable designs.
His watches are also infused with ion technology. He explains that our bodies are bombarded by positive ions every day, which are molecules.
These molecules are basically emitted from electronic devices such as computers, televisions and fluorescent lighting. He further claims that too much positive ions on our bodies, puts unnatural pressure on them.
For this reason, Ryan has used what he calls the counterpart of positive ions, or negative ions, to bring the body back to its more natural state.
Kevin O’Leary speaks up to question the legitimacy of the positive and negative ion science. He asks whether or not it’s a real health concern.
At this point in the pitch, to help prove his concept, he invites Lori Greiner up to do a balance test. For the first test Ryan has her balance on one foot, with her arms extended.
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He pushes down on one of her arms, telling her to resist him pushing down. She then loses her balances.
Ryan then has her put on one of his Esso Watches, and then they repeat the test. However, this time, she does not lose her balance.
Ryan then passes around samples, however, Mark Cuban immediately refuses to be involved with this business.
Mar would not accept the watch, and stated that the whole thing was a scam. For this reason, he went out immediately from the start.
Lori Greiner asked if there were any laboratory tests available for the watches. This made Robert Herjavec laugh, and Ryan admitted that there was nothing to prove the claims, however, he did share that negative ion technology has been around for a while.
Lori ultimately said she thought it was all a liability nightmare, and went out.
Daymond John asked if Ryan created the watch. He said two of the designs were his.
Daymond accused him of lying, as he had partnered with a business featuring the same designs. For this reason, he eventually went out.
Ryan claimed that the two designs were unique to him, however, Lori claimed watch designs could have similarities.
Kevin O’Leary wondered if he could make money out of it. Robert said he didn’t believe in the product at all, and went out.
Kevin said if Ryan believed it was a scam, he would invest. Ryan did not agree that it was a scam.
Kevin went out. That left Ryan without a deal, and he had to leave the tank empty-handed and in the wake of some scorn. He blamed Mark for distracting the sharks from the benefits of his product.
What do you think happened for Ryan, following Shrek Tank? Keep reading our Esso Watches update to find out!
Our Esso Watches update shows that Ryan did make some sales on the back of his
Rsearch also revealed that Ryan was sued by Exxon Mobil because of trademark infringement, because the Esso trademark is owned by Exxon.
Hopefully Ryan has been able to move onto another venue that he’s equally passionate about. However, this will be our final Esso Watches update.
Interested in more? Follow the links below to read all the details on the other companies featured in Season 3 Episode 6.
For even more on companies and products, be sure to stop by our Season 3 Products Page!
Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!