LifeCaps Shark Tank Update
LifeCaps is a food substitute pill created by entrepreneur Daryl Stevenett. It contains all the vitamins and minerals necessary for the body to survive in a tiny capsule.
LifeCaps is a survival pill for emergency use, allowing the body to maintain itself by drawing nutrients from stored fat. It is safe for all ages and should be used with plenty of water.
LifeCaps was tested by Stevenett, who “lived” on LifeCaps for over two weeks to demonstrate its effectiveness. LifeCaps can be found on Amazon and other online retailers; however, the website is currently down, and the products are sold out as of 2023.
What is LifeCaps?
LifeCaps are a food alternative and survival pill supplement you carry around with you and take during times of need when food is in short supply.
This blend of super multivitamins enables otherwise healthy users to survive for up to two weeks on chewable pills and water alone, effectively meeting the needs of civilians and military users.
The product is also marketed as a nutritional and weight-loss supplement that helps keep you alert.
| Company Name | LifeCaps |
| Founder | Daryl Stevenett |
| Product | Supplemental Food For Survival In Emergency Situations |
| Investment Seeking | $200,000 For 30% equity in LifeCaps |
| Final Deal | No Deal |
| Shark | No Shark |
| Business Status | Out Of Business |
| Website | Visit Website |
Who Is The Founder Of LifeCaps?
Daryl Stevenett is the founder of LifeCaps, which he founded in 2008. Daryl is an entrepreneur who has always been interested in music, having played guitar since he was 12. He describes himself on LinkedIn as a musician.
The company still lists Daryl as its founder, and the product is still available on Amazon; however, we do not know his involvement as of 2023.
Instead, he seems to have concentrated on his musical career, playing live shows, including those aboard cruise ships, and producing radio and television jingles. The website lists upcoming performances, as well as CDs and other merchandise.
Daryl was inspired to create LifeCaps after viewing a survival television broadcast about miners buried underground in Utah for days without sustenance.
They had to dig through the rock to provide food until the extraction plan could be developed.
Russ Bianchi, a product formulator at a nutrition bar firm, helped him develop a concept for pocket-size food.
Daryl planned to develop a pill that would make its way into every backpack, glove compartment, and home, preventing people from being trapped in a life-threatening situation resulting from a disaster that disrupts food supplies.
Daryl and Russ managed to get the product into production. They sold $400,000 without legitimate clinical trials or medical proof to support the product’s claims in five years.
The product did sell on Amazon but received mixed reviews. Some claimed it helped, while others claimed it had no effect and caused adverse effects—with several reviewers cautioning against the absence of FDA approval.
Daryl began looking for more capital investors when he realized he needed to expand marketing, production, clinical research, and development.
How Was The Shark Tank Pitch Of LifeCaps?
Daryl Stevenett appeared on Shark Tank requesting a $200,000 investment in exchange for 30% ownership in LifeCaps. Daryl begins by posing a question to the Sharks: Does he appear healthy?
Does he appear to be cognitively alert? Daryl then throws a bombshell — he hasn’t eaten in eight days. LifeCaps are a life-saving survival medication that users can take in the event of a food shortage.
LifeCaps quenches hunger and delivers nourishment – Daryl says he is intellectually aware. A few years ago, he got the idea after seeing a story about trapped coal miners in southern Utah.
The rescue workers had to drill about four inches through around 1500 feet of rock and debris to reach the miners with food.
Daryl wondered at this point, “why hasn’t someone invented something like a pill that can prolong life in an emergency?”
Despite his limited nutrition and food products knowledge, Daryl took control of the situation.
Darryl reached out to a friend who had developed some of the best-selling nutrition bars in America, and LifeCaps was born.
LifeCaps is ideal for use during emergencies such as earthquakes, tsunamis, and other natural catastrophes, as well as hikers, hunters, and runners.
Jim and the Sharks can spread LifeCaps, and everyone can be prepared for the unexpected with their help.
Kevin quickly inquires about the LifeCaps’ shelf life, which Jim states are five years. Lori is shocked that Daryl hasn’t eaten for eight days, but Daryl insists that eight days is nothing; he once fasted for 17 days for a play in Salt Lake City when four ladies interviewed him and told him that he must have lost weight.
Daryl emphasizes that LifeCaps are not a diet pill, although he admits that he has lost weight; however, he believes that if weight loss is necessary to save a life, the trade-off is well worth it.
Lori raises the point that women were investigating the vanity component, and Jim points out that approximately 90% of attendees were female at this exhibition.
Once he said he dropped weight, they sold out all 3,000 available units at the trade fair. Jim takes a pill for breakfast, lunch, and dinner, and another if he is hungry at night.
Jim then provides a sample to the Sharks, and Mark also requests to inspect the package. The capsules contain many calories, but the body uses those calories to remain active and transport nutrients into the bloodstream.
Lori claims the tablet had the same ingredients as the vitamins she takes each morning when reading the bottle.
However, Daryl points out a significant distinction; bears hibernate for up to seven months without nourishment. How do they accomplish this?
Their bodies receive just pure nutrients but no calories, allowing them to burn calories – this is how bears can hibernate and sleep for extended periods. The LifeCaps acts as a metabolic trigger, prompting the body to convert stored fat to energy.
Robert inquires how much weight Daryl lost in the eight days, and Daryl responds that he burns roughly a pound per day simply by living his natural life and consuming only the LifeCaps.
Daymond raises an excellent ethical dilemma with Daryl’s LifeCaps product; does Daryl want consumers to drink LifeCaps in place of real food at every meal?
Daryl is compelled to explain that he does not want his pill to completely replace food as the primary source of sustenance for the human body, but Kevin intervenes and asks how he and the other Sharks could make money if that is how Daryl feels.
Daymond also claims that if he purchases one pack in bulk, he may last five years without eating – or purchasing another pack of LifeCaps. Mark, too, butts in, astounded that the other two “are attempting to profit from this lunacy.”
Robert inquires whether the product is available today, and LifeCaps has generated $430,000 in sales over the last five years.
Mark notes that aryl has to do states that he took it and lost a pound daily. Then, when Daryl entered the Shark Tank, he did not immediately state that he brought his medication to doctors and had it studied and certified to be safe.
Daryl states that he wishes to conduct a clinical trial but lacks the funds he intends to undertake with some of the Sharks’ investments.
On the other hand, Mark claims that Daryl has failed to take agency despite having $400,000 in sales and refers to Daryl as “so full of bullshit.”
Lori inquires whether LifeCaps are FDA-approved. Daryl responds that they are nutritional supplements that are 100 percent compliant – the Sharks point out that he dodged the issue and that “compliance” is not synonymous with “approved.”
On the other hand, Mark claims that Daryl has failed to take agency despite having $400,000 in sales and refers to Daryl as “so full of bullshit.”
Of course, Mark points this out, and Daryl notes that Mark is hounding him with all these concerns and loopholes, but Robert points out that Daryl knew he would run into someone like Mark once he began looking for authentic, significant funding for his business.
Robert agrees with Mark’s earlier assertion that Daryl had half a million in sales and was experiencing rapid growth; therefore, why didn’t he pursue clinical testing?
Daryl continues to dodge the topic, stating that he may believe that now is the time to conduct clinical studies.
Kevin claims that, even if he suspends disbelief, his primary concern is that he needs several bottles of LifeCaps on hand “in case the zombies come.” Still, the problem is that he has no intention of purchasing until that tragedy occurs.
At that moment, he purchases the goods and leaves them on the shelf; but how does he profit from it?
Robert interjects and states that this is not the only issue, and Mark then begins speaking his views.
Mark asserts that the product is unique, and nobody can argue with that, but it would be trivial to get it tested for safety if it truly worked. Yet, Daryl is behaving like a snake oil salesperson.
Daryl is preying on everyone watching when he mentions losing a pound per day while taking the supplement – this is incorrect, and Mark is out “with prejudice,” as Kevin occasionally says.
On the other hand, Daryl asserts that he agrees with Mark, but Daymond points out that Daryl behaves erratically.
Lori also states that when something is sold that someone consumes, it must be 100 percent guaranteed that the item is safe – all studies and clinical testing must be conducted beforehand – thus, Lori pulls out of the agreement as well.
Jim unintentionally calls Lori Barbara, one of the other Sharks, in an embarrassing show.
According to Robert, the issue is that people want a shortcut – they don’t want to do the effort required to be healthy and live a long life.
However, when someone like Daryl comes along, people notice the shortcut and fail to look beneath the surface, which Robert views as irresponsible.
Robert is also out of the bargain. Daymond then speaks, stating that the presentation began nicely, but when the other Sharks pointed out Daryl’s shortcomings and inconsistencies, he couldn’t help but side with them.
He completely agrees with Lori – this is a tablet that someone will ingest, and without study or clinical studies, the product is a rotten pack of nonsense. Daymond is also absent.
Kevin is the final Shark, and he begins by stating that he constantly asks himself whether he can invest any money, and the answer is a resounding no.
Predictably, Kevin withdraws from the deal, leaving Jim with no investment in LifeCaps. Daryl expresses gratitude to all the Sharks, but Mark shakes his head in disdain.
Final Deal: No deal between LifeCaps and Sharks.
LifeCaps Shark Tank Update
Daryl was unsuccessful in getting a distributor to sign a contract with Sharks for LifeCaps, which is not shocking, as no science backed up the claims that the supplements were effective.
Daryl had no option but to sell the supplements himself through Amazon and other web stores.
LifeCaps reviews on Amazon were not so good. Many people were not satisfied with them at all. Many of them were also very negative. Some people were not impressed that the ingredient list for LifeCaps only included a few vitamins and sugar.
LifeCaps was reportedly priced higher than other vitamins and supplements; for example, a bottle of 180 pills cost $49.99. People complained that taking the supplements did nothing to help them feel fuller.
Some people even said it was a scam because there’d be no scientific evidence to back it up.
There were so many negative reviews that it’d be no surprise to know that the LifeCaps would be shut down. When we last heard about LifeCaps, it was in 2021. It seems like they eventually shut the company off.
LifeCaps’Facebook and Instagram accounts have been completely deleted. LifeCaps supplements were eventually withdrawn, and Amazon pulled the products off the shelves.
LifeCaps had been rated 3 stars on Amazon when people started buying them. LifeCaps are no longer selling supplements on the internet. And that is, frankly, a good thing.
Moreover, the company that created the pill has now sold it to a pharmaceutical company in the Philippines.
LifeCaps is out of business as of 2022.
What Happened To LifeCaps After Shark Tank?
LifeCaps are currently in an unusual condition of limbo. Despite making it to Amazon, the product has received a high rating – there are more five-star reviews than one-star ones, and there is just one review in each of the two- and four-star categories.
I saw a link on a website named 10Star that advertised 180 caplets for $49.99. The most intriguing aspect is that numerous Amazon reviews state that the tablet acted as a moderate vitamin and did not fast for eight days as Daryl did on the show.
LifeCaps are neither a failure nor a success — unfortunately, it appears that LifeCaps will fade away with a whimper over time.
I feel they do not work – if there were a trigger that would cause your body to burn fat rather than require caloric intake, Daryl would not be the first to find it. And the first place I’d hear about it would be somewhere other than Shark Tank.
Is LifeCaps Still In Business?
LifeCaps is no longer in business in the United States of America. The website has been deactivated.
Daryl has not been able to raise sufficient funding from investors due to a lack of thorough testing and has discontinued the production of the tablets.
The naming rights appear to have been obtained by REJ Diamond Pharmaceutical, a subsidiary of Diamond Laboratories of the Philippines.
What Is the Net Worth of LifeCaps?
The valuation of LifeCaps was $667,000 when it appeared on Shark Tank. The net worth of LifeCaps is unknown as of 2023 since the company went out of business.
