'Shark Tank' Recap: 'Coolbox,' 'NoPhone,' 'PrideBites' and 'Trobo'

After a short break ABC's Shark Tank returns with four new companies, Coolbox, NoPhone, Pridebites and Trobo all seeking investments from sharks Mark Cuban, Lori Greiner, Kevin O'Leary, Daymond John and Robert Herjavec.

Greiner, Cuban, O'Leary, John and Herjavec get ready to hear pitches from four brand new companies looking to make a fortune with the right investor.

These companies and the sharks will have to compete to see whether the offers and investments are right for them.

About PrideBites

Steven Blustein and Sean Knecht are the minds behind PrideBites.

PrideBites happen to be a line of pet toys and accessories. The guys are looking for a shark who believes in making a better dog toy that what is currently offered on the market.

"When PrideBites started, we were just a group of dog loving college friends.

We were unhappy with the look, feel, and versatility of dog toys on the market, so we decided to create one ourselves.

In our first year, we found out that dogs everywhere loved our Custom PrideBites(TM) as much as our own, so we began to work on bringing customization to all the other essential pet products." - PrideBites

The ask: $200,000 for 10% equity.

How it went down: The pitch is straight forward and appeals to the emotions of the sharks by making dogs feel like they are actually part of the family.

They explain how their customization method works and it seems simple enough. They hand out a couple of samples for the the sharks to see.

Herjavec seems pretty impressed and PrideBites toys cost between $9.99-$150. The turn around is four weeks and the guys have an overseas manufacture. The margins are 50% and the sales to date are $1.4 million.

The sales are both online and retailers.

Cuban says that the guys have done a great job but he thinks it will be a challenging business and pulls out. O'Leary says he thinks the evaluation is pretty high and pulls out of the deal.

Greiner says that their big home run was the online customization and Herjavec believes they have to sell more online. Herjavec feels that he can help the guys and offers $200,000 for 20%. John says that the biggest challenge is the online market. He says he doesn't want to sell to big markets and pulls out.

The guys try to negotiate for 15% equity with Herjavec but Grenier jumps in and says she hasn't made them her offer yet. Greiner offers $200,000 at 18%. Herjavec doesn't want to counter but the guys offer a joined deal of $300,000 for 20%.

Greiner and Herjavec says they will do $300,000 for 30% and the guys manage to get them down to $200,000 for 20%.

Greiner has second thoughts but when O'Leary jumps in she takes the deal right away. The guys go home with a $200,000 investment for 20% equity and two sharks.

About Trobo

Chris Harden and Jeremy Scheinberg collaborate on the Trobo.

Trobo is a plush toy that is geared to both keeping your child company and educating them on in the science, technology, engineering and mathematical concentrations, by telling them stories and talking to the.

What could be the most appealing to the sharks is the app that is marketed with the toy.

"TROBOs are plushy robot friends wirelessly connected to your iPad or iPhone.

Children hear TROBO's voice coming from the plushies, which brings the dolls to life. They are CUDDLY by design, as they are companions first and teachers second." - Trobo

The ask: $100,000 for 10% equity.

How it went down: The guys pitch the Trobo and it seems to really impress the sharks. The guys invite John down to test out the project and he does so with ease.

They make a case for a toy that sticks around for years.

They pass out some personalized Trobos and the sharks realize that Trobo is a speaker. The toy retails at $59.95 but they haven't had many sales. They have retailers who have placed orders however, the response hasn't been too great.

The guys say that they have a lot of publicity but the sales aren't booming.

Herjavec believes if they can create a critical mass, they can be very successful. Cuban says he is not interested in the product and he pulls out of the deal.

O'Leary says the retail price is too expensive and so is the content. He says retailers won't put it on the shelf for that price and pulls out. John doesn't think they will get anywhere and pulls out. Greiner says that the price point is too high and with her experience with trade shows, she has to pull out. The guys make one last appeal to Herjavec and Herjavec tells a story of his own.

He tells them that he didn't go wild with the application John used it in. Herjavec is more interested in the content.

He makes them an offer of $100,000 for a third of the company. The guys appreciate offer but counter with $166,000 for a third of the company. Herjavec agrees and Trobo escapes going home empty-handed.

About NoPhone

NoPhone is exactly what it sounds like, a joke in the 21st century. Chris Sheldon and Van Gould are the two men behind the pitch for NoPhone which really seems like a gamble.

The NoPhone is basically the shell of a cellphone with fake parts like USB and Camera lenses. Will the sharks join in on a laugh or will they feel like they are being take for a joke?

"The NoPhone is a technology-free alternative to constant hand-to-phone contact.

With a thin, light and completely wireless design, the NoPhone acts as a surrogate to any smart mobile device, enabling you to always have a rectangle of smooth, cold plastic to clutch without forgoing any potential engagement with your direct environment." - NoPhone

The ask: $25,000 for 15% equity.

How it went down: the pitch is unusual with the guys paying attention to their phones for the first couple of mins. The guys pitch the NoPhone as a solution to get people off og their phone and into conversations.

They say the phone has no features at all and there is no warranty or returns.

They hand out samples of their wacky product. They have sold over 3100 phones. The phones cost $12 and $18 with the selfie update. O'Leary says the business will never be a big one. John asks them if they tried going to Spencers but the guys haven't.

Cuban says there is only one thing he hates more than people staring at their phones, it's patents on a dumb product. He pulls out and so does Greiner. Herjavec thinks it is clever but he feels like the 3100 would be the entire market.

Herjavec pulls out and so does John. O'Leary says it is really bad and pulls out. The guys go home without a deal.

About Coolbox

The Coolbox is pitched by Jason Neubauer and Chris Stoikos as a redefined alternative to the standard toolbox.

Coolbox it features everything from a rechargeable battery to power your power tools to a USB ports and device stands. Cool box is looking to take their successful $370,000 crowdfunded product to the next level with one of the Sharks.

"As the mastermind behind the Coolbox, Chris is excited to bring the highest quality, and most technologically advanced toolbox to thousands, and even millions of homes around the world." - Coolbox

The ask: $500,000 for 10% equity.

How it went down: The pitch is pretty simple but the guys show just how innovative their product is. The box costs $110 to make and they sell the Coolbox for $190 with plans to increase the price. Herjavec loves the idea but feels like the cost is high and the margins aren't good.

They do have an 8,000 unit order from Lowes. The exclusive is just for quarter four.

The guys say they need the money to deliver the boxes. There is a patent on the entire box but Greiner thinks it can be ripped off.

John says he is going to bing them down to a realistic number and brings them down to $500,000 for 25% and a licensing deal.

Herjavec says he doesn't think people care, especially blue collar people. He sees challenges and pulls out of the deal.

O'Leary is worried that the guys are a little too over-confident in their company. He says that there is a serious risk in capitol and pulls out. Cuban says he rarely ever discusses evaluation but they are at a very precarious point. Cuban says there is nothing that is protectable and he pulls out. O'Leary says the guys should accept John's offer and not risk Greiner going out and John raising his offer.

Greiner says she is in the hardware space and it does fit within the family of entrepreneurs, however, she needs give $500,000 for 30% not contingent on licensing. It is contingent on the fact that Lowes will make their order.

John recants his order and the guys offer Greiner a counter with 20%. She counters with $500,000 as a loan with 5% interest and 15% in the company. The guys agree with the deal and go home happy.