'Shark Tank' Recap: 'Frends,' 'Petnostics,' 'PopSlate' & 'Slyde Handboards'

This week ABC's Shark Tank gets a little dose of competition when guest shark Ashton Kutcher is in to listen to pitches from Frends, Petnostics, PopSlate and Slyde Handboards.

Kutcher will have to compete with Mark Cuban, Lori Greiner, Kevin O'Leary and Robert Herjavec.

Ashton Kutcher is starring in his very own Netflix series "The Ranch," however, he has become a very savvy tech investor over the years and now tries his hands at jumping on some deals in the shark tank once again.

Greiner, Cuban, O'Leary and Herjavec sure have some stiff competition this time. Will Kutcher steal all of the good deals away?

About Petnostics

Stephen Chen has stumbled upon a way to detect health issues or help maintain your pet's health with Petnostics.

Petnostics is exactly what it sounds like a system that allows you to scan the health of your pet through a urine sample.

It could resonate pretty well with the sharks and pet owners looking to have some added security and longevity for their animals.

"According to vets, checking your pet's urine helps keep your furry friends healthy.

Urine testing helps identify early warning signs to prevent health issues from becoming more serious. By allowing you to check your pet's health instantly, Petnostics makes healthy living easier for pet families." - Petnostics

The ask: $300,000 for 10% equity.

How it went down: Chen's pitch is super simple and to the point. The app is able to alert you of any health issue like diabetes by scanning the cup containing the urine.

Kutcher asks how Chen grabs the sample and Chen says that they use the cup during pee time. He also shows them an extendable ladle for those who are a little scared.

Chen has sold plenty of the products to veternarians and says that his patent covers a wide range of usage. Kutcher says that he only has an issue with getting the urine. He says that it could be easier to prick the animal for a blood sample instead.

Herjavec says there has to be an action to cause the owner to grab the sample. Greiner thinks it is a consumer play. Herjavec is not sold on the business model and pulls out of the deal.

Chen is projecting $200,000 in sales and O'Leary says he is not making any money yet. He also does not believe there is a clear distribution strategy. O'Leary says it is a bit premature. Kutcher asks about the other patents. Cuban pulls out but Kutcher believes there might be a way to to make the product successful but he doesn't see it.

He pulls out of the deal. O'Leary says he is concerned about the distribution risk but still offers $300,000 for 15%.

Kutcher is curious to the deal and O'Leary says he thinks it's just a matter of figuring out how they will market and distribute it. Greiner thinks it is interesting and offers $300,000 for 20%.

Chen decides to offer Greiner $300,000 for 15% and O'Leary jumps in to split the deal with Greiner. Chen now has a joined deal between O'Leary and Greiner for $300,000 at 20% equity, which he takes.

About Frends

Keir Dillon and Sheen Moaleman jump into the Shark Tank and pitch their product Frends.

Frends are headphones that allow you to put the fashion flare in them.

With headphones being one of the highest purchased items in today's world of iPods, iPads and other electronic devices, the guys look to cash in with one of the sharks.

"FRENDS launched in 2011 with the aspiration to connect a personal style with everyday life by offering fashionable electronic accessories.

The result is a product designed with an attention to comfort, sound quality and aesthetics never before seen in the market." - Frends

The ask: $1,000,000 for 7.6% equity.

How it went down: The pitch is straight forward and fashion driven. The ability to accessorize the headphones seems simple and the guys pass out some samples after their pitch.

They have a ton of demand and they have done $2.9 million in sales however, they projected over $6 million. The business has actually lost $1.3 million after a consignment deal with Apple. The guys have raised $1.5.

They can't keep up with the demand and they are on track to do $6 million this Christmas season. The sharks think that the designs are cool but the retail of $300-$600 is pricey. The guys believe that they will do $34 million but none of the sharks seem convinced. O'Leary says they are a cockroach in the space.

O'Leary says they are going to run out of cash and pulls out. Kutcher says the way they explain the company, it makes it feel like they don't have their stuff together and he passes on the deal.

Greiner says she doesn't have confidence in the way they run the business and pulls out.

Herjavec says they look nice but there isn't a big market at the retail price. He also pulls out of the deal.

Cuban tells the guys to put aside the losses but from an investment perspective, it is a $1 million bet. He is not comfortable with the bet and pulls out of the deal. The guys go home without a deal.

About PopSlate

Yashar Behzadi PopSlate a device that helps you keep your images in an e-paper screen.

PopSlate is essentially a screen that helps you become more efficient with your phone. Being that it is in the tech space, Cuban, Kutcher and Herjavec may be competitive for this one.

"Keep up-to-date on your essentials with customized dashboards, all in the blink of an eye. Stay informed with a 24/7 feed of sports scores, stocks & breaking news from your favorite sources." - PopSlate

The ask: $500,000 for 5% equity.

How it went down: The tool out for the phone is going to be expensive but the pitch was pretty straight forward. Herjavec likes the idea and thinks it is cool but he sees the market moving to wearable technology.

Herjavec pulls out of the deal.

Kutcher believes that no one goes with a second screen because of a battery life but with the eReader screen, it cuts that out. O'Leary says he doesn't believe the risk reward is there for him and pulls out.

Greiner believes that he is too early and the tooling is too expensive. She pulls out of the deal. Kutcher is compelled by the technology but is afraid that there is an Apple dependency.

He also pulls out of the deal. Cuban believes that as the lock screen improves there won't be a need for the product and he pulls out. Behzadi goes home without a deal.

About Slyde Handboards

Angela Ferendo and Steve Watts have come up with the Slyde Handboards. Slyde Handboards are a new way to surf that allows everyone in the family to have fun with the sport.

The neat handboard looks like a pretty interesting product, however, it's hard to tell if the sharks will want to dive into the waves with them.

"As kids, we would spend the hot South African days during the summer break, generally making nuisance's of ourselves and dreaming up all sorts of "wave riding" apparatuses from fast food trays to the trusty old flip-flop (yes believe it or not you can surf a wave with a shoe)." - Slyde Handboards

The ask: $200,000 for 15% equity.

How it went down: Watts tells the sharks his story about trying to ride a wave with a fast food tray.

They also provided a video to show the sharks how fun their product can be.

Some samples are handed out and the sharks seem impressed they cost between $169-$199 they have sales but not as much as the sharks were hoping.

Herjavec talks about his company Handboards and he did not make any real money with it. The team says they need merchandising help. Greiner pulls out of the deal.

O'Leary says their numbers are small and he admires that they took their wedding money but he pulls out. Cuban says he has a company that is looking for products.

Kutcher says that it is sort of a minimalist approach and he thinks it solves the problem for people who want to experience surfing.

Kutcher says it is not his space and he has zero experience in getting things to market so he needs a partner. Cuban says he would be happy to partner with Kutcher. They offer $200,000 for 25% equity. The husband and wife pair doesn't want to give up equity over 25% but Kutcher and Cuban make an epic case for their deal.

Herjavec says he has made a lot of mistakes with handboard products. Herjavec is considering but doesn't throw out an offer.

O'Leary jumps in and makes and offering but Herjavec offers to give them the $200,000 for 15%. Cuban tells them they can make it 22% and they have a deal. The pair takes the collaborative deal with Kutcher and Cuban for 200,000 for 22% equity.