Moore appeared as one of the entrepreneurs with an incredible product, nasal air filters, on the second season of Shark Tank while seeking $500,000 for 10% of his company, First Defense Nasal Screens.
He also had an $8 million overseas contract, so he declined a $4 million offer and accepted a minor deal of $750,000 for a 30% stake and a 10% perpetual royalty which didn’t hurt his company. Furthermore, Joe was a successful shark who got accoladed with a $1 million prize for the best idea.
Instead, it became a debt-free, multimillion-dollar company privately owned and had licensing and distribution contracts worldwide, with patents in more than 50 countries. The company has founders based in Shanghai, China, and Australia, and they have formed a partnership with an Indian company, Filter Your Life Healthcare.
Also, explore Who Is Solihull Moors Chairman Darryl Eales and What is His Net Worth In 2022?