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In Alabama 14-yr-old boy rejects $30m offer for sale of unique vending machine idea

Taylor Rosenthal, from Opelika, Alabama, who had come up with an idea for the creation of vending machines that dispense first aid kits, reportedly rejected a $30m offer from a 'large national healthcare company'.

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News report have revealed that a 14-year-old school boy who came up with a multi-million dollar idea, has turned down a $30 million offer for the sale of his idea.

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Taylor Rosenthal, from Opelika, Alabama, who had come up with an idea for the creation of vending machines that dispense first aid kits, reportedly rejected a $30m offer from a 'large national healthcare company'.

Rosenthal made the choice to hold on to his precious idea, instead of selling out and has, according to reports, raised $100,000, in angel investments.

Daily Mirror reports that Rosenthal intends to sell the machines for $5,500 each, and keep the money for him self.

The reports reveal that Six Flags theme park in the United States has now placed an order for a 100 vending machines.

Speaking with CNN Money, Rosenthal says:

"We had to come up with a business idea.

"Every time I'd travel for a baseball tournament in Alabama, I'd notice that kids would get hurt and parents couldn't find a band aid. I wanted to solve that."

ALSO READ: 2 daughters kidnap mother to get money from brother

The vending machine will reportedly offer a variety of products within the prepackaged first aid kits which would range from £4 to £11 in price.

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