Power Balance wrist band

I saw this in today's Sunday Telegraph saying that Benji Marshall is wearing one.
What is a "Power Balance wrist band you may ask.
This is from their website
Power Balance is performance technology that uses holograms embedded with frequencies that react positively with your body’s natural energy field.
Balance • Strength • Flexibility.
Most everything has a frequency inherent to it.  Some frequencies react positively with your body and others negatively. When the hologram comes in contact with your body’s energy field, it allows your body to interact with the natural, beneficial frequency stored within the hologram. This results in improved energy flow throughout your body.
Well my "bullshit detector" was going crazy after reading this. There is no evidence that the body has a frequency or a flow of energy. This sounds like a heap of steaming bullshit. Pseudo-science at it's best.
Of course there is the old saying that there is one born every minute. Well I think Benji Marshall, Brett Kimmorley etc were born on that minute. Where are their critical thinking skills. If something sounds too good to be true, it usually is, too good to be true.
 But as always, I could change my mind, if I receive good credible evidence that this wrist band works. Until then I remain very sceptical 
Here is a video reporting on this.
Unbelievable, what do you all think.