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Power Balance: Bracelets don't work

Updated: January 4, 2011, 7:57 PM ET
Associated Press

SANTA ANA, Calif. -- Shaquille O'Neal swears by them. The Power Balance bracelet, he says, gives him a competitive edge on the court. It's no gimmick, he says. It's for real.

It may be for him, but Australian authorities say the California-based company behind the wildly popular wristbands and pendants has no business claiming that they improve balance, strength and flexibility.

And they even got Power Balance to admit it.

The company wrote: "We admit that there is no credible ...

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