Did life belt make money?

Did life belt make money?

Robert Allison signed a multi-million deal with Gillman Automotives. Gillman wanted to install this system in all cars just like Allison. This deal turned out to be very good for Allison as the value of the deal was $1.7 million and the estimated earnings by the end of the year was more than $10 million at least.

Is life belt still in business?

Additionally, its Facebook page was last updated in 2020. Life Belt briefly appeared online at Safety Mom Direct, but neither of the two companies is still in existence.

Where is life belt today?

Life Belt Shark Tank Update The dealerships were to offer the product to their customers on all the cars, new and used, that they sold. Today, there’s no sign of the Life Belt on the dealership’s websites, and the only presence online is a website, but without the option to buy the product.

Who invented the lifebelt?

“My seat belt isn’t on, and I’m going to try to start the car,” inventor Robert Allison explained “It cranks, but it doesn’t start.” His invention, the Lifebelt, disables a car engine until the driver buckles up. “I’m going to put on the seat belt on, now the car will start,” Allison said.