I don't think this would surprise anyone, but PowerBalance—manufacturers of plastic wristbands with hologram stickers on it—have admitted there is "no credible scientific evidence that supports [their] claims and therefore [they] engaged in misleading conduct." Here's their statement: More »


Read more: http://feeds.gawker.com/~r/gizmodo/full/~3/O-0MqYB2URE/powerbalance-admits-their-wristbands-are-a-scam