![]() Romy also reveals she has $600K in debt, some of which is calculated to account for back salaries.īarbara doesn’t like the idea of company debt financing back salaries, she’s out. She reveals she has over $1 million in sales for the year (she told me in an interview she is rolling out in 7,500-8,000 additional retail outlets in 2013). Romy explains there are medical studies that prove the effectiveness of acupressure wrist bands (they’ve been around for many years – Psi Bands are just a new spin on an old idea). Romy came into the Shark Tank asking for $250k for a 10% share in the business. PSI Bands (pronounced Sigh Bands) are currently available at REI, Whole Foods, pharmacy chains, & online and cost about $15. Boaters have been using acupressure wristbands for years to combat seasickness and Romy wants to sell to the boating crowd, but they’re also marketing to moms with morning sickness and chemotherapy patients. ![]() Other acupressure wristbands on the market look like tennis wristbands they don’t look good and they aren’t waterproof. Acupressure wrist bands have been around for quite a while, PSIBands has packaged the concept into something resembling a wristwatch band. The pressure relieves nausea – without drugs. Acupressure wrist bands apply pressure at a point on the wrist, just below the thumb. They are a fashionable twist on a tried and tested solution to nausea and motion sickness. ![]() PSI Bands “momtreprenuer” Romy Taormina pitches the Sharks in episode 420. ![]()
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