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Powerbalance admits their wristbands are a scam


Lkr
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I saw this article today and I remembered there was a thread about them a while ago

In our advertising we stated that Power Balance wristbands improved your strength, balance and flexibility.

 

We admit that there is no credible scientific evidence that supports our claims and therefore we engaged in misleading conduct in breach of s52 of the Trade Practices Act 1974.

 

If you feel you have been misled by our promotions, we wish to unreservedly apologise and offer a full refund.

http://deadspin.com/5724392/powerbalance-admits-their-wristbands-are-a-scam

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