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Vernon gives a confident pitch for his remote controlled micro-helicopter and car in one.

After establishing the retail and manufacturing price of his toy (£30 and £7.50), James Caan wants to know more about the young inventor and he is impressed that the 21 year old has broken off his university studies to visit China and source and manufacture the product himself, having first mastered Manadrin Chinese.

Duncan Bannatyne establishes that of the three products he has brought into the Den, only one has been created by himself, the others are imported.

Theo Paphitis is intrigued by what else he might have up his sleeve and Vernon shows him a protoype aimed at children combining helicopter technology with a wasp-like creature.

Deborah Meaden wants to know what design rights he has on his inventions and the Manchester-based entrepreneur points out he has a patent pending on the use of powered wheels with a helicopter.

Peter Jones reveals he owns 25% of the UK market leader in this area and that there is a global patent for these types of products. The patents are established and water-tight. Much as he would like to work with Vernon, his serious concerns over copyright infringement makes it impossible for him to do so. For those reasons he is out.

James Caan notes that he too had tried to work with someone on a toy product but found it tricky as buying channels were difficult. This, coupled with Peter's concerns, means he is out.

Father of six Duncan Bannatyne points out his six-year-old has a product like this - as does his friends. The Scot thinks there is already huge competition in the market place and so declares himself out.

Deborah Meaden points out that while Vernon is "very investable" his product, for all the reasons her fellow Dragons have given, is not - she is out.

Theo Paphitis wants to know if Vernon has completed his degree yet. The young man replies that he has not. Theo advises that he goes back to university to do so, spending the time developing the product further. He adds Vernon should wait for the current economic climate to settle and then lauch his business. At that point the Dragon would want to invest in him - but not now. The last Dragon is out and Vernon leaves the Den empty handed.

The deal done in the Den:

No investment.