Shark Tank product Pinole Blue has a net worth of $75,000. The company appeared in Season 13 of Shark Tank and failed to secure any deal on the show. Since appearing on Shark Tank, Pinole Blue’s sales saw a downtrend and the company is on the verge of shutting down.
Pinole Blue Net Worth
| Net Worth | $75,000 |
| Annual Sales Revenue | $100,000 |
| Profits | –$19,000 |
| Lifetime Sales | $1.2 Million |
| Employees | 4 |
| Cash in Bank | $6,100 |
| Unsold Inventory | $80,000 |
| Loans & Debts | $12,000 |
Pinole Blue Revenues
When Pinole Blue pitched on Shark Tank, their lifetime sales stood at $750,000. Usually products that appear on Shark Tank gets an immediate sales boost after the episode is aired on the television.
The first year after the appearance, Pinole Blur’s sales have increased only by 20%, which is very low compared to other products who pitched on Shark Tank.
As of today, Pinole Blue is generating less than $100k in annual sales. The company stopped taking orders on Amazon due to scarcity of inventory and it’s net worth will soon go to zero.
Dont Miss other Shark Tank Product Updates
Shark Tank Pitch
Pinole Blue appeared on the Shark Tank pitching for $300k for 10% equity in the company. Pinole is a Mexican superfood made from roasted and grinded corn mixture.
Pinole is consumed by long distance runners to improve their endurance. Pinole Blue is made from 100% organic blue corn.
Mark Cuban is the first to speak and he raises skepticism about educating customers about this product. He then drops out of the deal.
Barbara, Emma and Lori follows suit and drops out. And finally Kevin O’Leary says he is impressed by their sales numbers, but he cannot invest at this point of time and drops.